SGD to USD mid-rate = 0.7282
Right now the SGD/USD market mid-rate is 0.7282 and represents ideally how many United States Dollar you can get for one Singapore Dollar.
You can calculate equivalent Singapore Dollar to United States Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for SGD to USD transfers or buying USD travel money.
SGD / USD Converter
0.7282 United States Dollar
Compare how much you can save on
SGD/USD exchange rates for:
| USD Country Guides | ||
|---|---|---|
 United States |  East Timor |  Ecuador |
 El Salvador |  British Virgin Islands |  US Virgin Islands |
 Caribbean Netherlands |  Turks And Caicos Islands |  Zimbabwe |
Singapore Dollar to United States Dollar (SGD-USD) - 10 Year History
The below table shows the historic variation in the SGD/USD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of SGD versus other currencies : SGD historical charts.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 13 Dec 2018 | 0.7290 | Latest | |
| 06 Dec 2018 | 0.7301 | 1 Week | -0.15% |
| 13 Nov 2018 | 0.7257 | 1 Month | +0.45% |
| 16 Jun 2018 | 0.7402 | 6 Months | -1.51% |
| 13 Dec 2017 | 0.7421 | 1 Year | -1.77% |
| 13 Dec 2016 | 0.7016 | 2 Years | +3.91% |
| 14 Dec 2013 | 0.7966 | 5 Years | -8.49% |
| 15 Dec 2008 | 0.6778 | 10 Years | +7.55% |
Best Rates for SGD/USD Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from SGD to USD.
Compare SGD to USD Foreign Transfers vs the Banks
| Providers | Amount USD($) | Exchange Rate | Fee SGD | Total Cost | Transfer Speed | Transfer Services | Reviews | Deal Links |
|---|---|---|---|---|---|---|---|---|
 | 7259.00 USD | 0.7259 | 0 | 0.4% | 1-2 days | Online, Bank Account to Bank Account | ||
 | 7214.00 USD | 0.7214 | 0 | 1.02% | 1-2 days | Online, Bank Account to Bank Account | ||
Average Rate: Banks - Average Rate     | 7053.80 USD | 0.7080 | 18 | 3.21% | 2-3 days | Online, Branch, Bank Account to Bank Account | Average of Bank Rates |
Why can't I just get the SGD/USD market rate I see on Google or in the Media?
The SGD/USD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the SGD / USD was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
The closer your final exchange rate is to the market SGD/USD midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good SGD to USD exchange rate
- Know the latest SGD/USD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency News, Research and Forecasts for Singapore Dollar and United States Dollar
Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.
So it follows that if you are determining the best time to transact, in this case the SGD vs USD, you should pay attention to both Singapore Dollar and United States Dollar news and forecasts.
Singapore Dollar (SGD) - Market news and forecasts
28-November-18: Principal drivers of the Singapore dollar in 2018 have included global trade concerns and the strong US dollar.
In October, SGD weakened to a 16-month low of S$1.387 per USD before recovering somewhat in November into the low S$1.37s – still a 2.5 percent loss for the year.
SGD fared better against the other majors though, especially the Australian dollar, against which it broke parity. At the time of writing, SGD/AUD was trading precisely at 1.00.
At October’s semi-annual meeting of the Monetary Authority of Singapore, the slope of the S$NEER currency band was adjusted slightly upwards, as widely expected, although the width and centre of the band were left unchanged. What many consider to be a more hawkish bias within the MAS is the result of improved outlooks for inflation and the labour market.
In November, ING warned against holding second-tier currencies from small, open, trade-dependent countries like Singapore because of its suspicion that trade tensions between the US and China would resurface heading into year-end.
United States Dollar (USD) - Market news and forecasts
2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.
Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.
In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.
Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.
J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.
