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SGD to USD - Exchange Rates

Singapore Dollar to US Dollar exchange rates aren't all the same. The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 SGD = 0.7078 USD

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SGD to USD 90-Day Trend
ALERTS:4-DAY1.9% 🔔| 14-DAY HIGHS 🔔 |
SGD/USD at 0.7076 was trading 1.8% below AVG:0.7209 with LO:0.6844 and HI:0.7436 (90 days). ALERTS: SGD/USD was UP 1.9% this 4-DAY period and also rose to 14-DAY HIGHS.
10-APR 1AM-NY 6AM-LON 1PM-HK 3PM-SYD

Convert SGD to USD More Charts


Quick Conversions from Singapore Dollar to US Dollar

SGD USD
S$ 1 U$ 0.7078
S$ 5 U$ 3.5390
S$ 10 U$ 7.0780
S$ 20 U$ 14.16
S$ 50 U$ 35.39
S$ 100 U$ 70.78
S$ 250 U$ 176.95
S$ 500 U$ 353.90
S$ 1,000 U$ 707.80
S$ 2,000 U$ 1,416
S$ 5,000 U$ 3,539
S$ 10,000 U$ 7,078
S$ 50,000 U$ 35,390
S$ 100,000 U$ 70,780
More amounts
SGD USD
S$ 1.4127 U$ 1
S$ 7.0635 U$ 5
S$ 14.13 U$ 10
S$ 28.25 U$ 20
S$ 70.64 U$ 50
S$ 141.27 U$ 100
S$ 353.18 U$ 250
S$ 706.35 U$ 500
S$ 1,413 U$ 1,000
S$ 2,825 U$ 2,000
S$ 7,064 U$ 5,000
S$ 14,127 U$ 10,000
S$ 70,635 U$ 50,000
S$ 141,270 U$ 100,000
More amounts

To calculate your own SGD/USD amounts use our Convert SGD to USD quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/USD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to USD International Money Transfers

  

Foreign Transfer Provider Receive USD(U$) Exchange RateFee SGDDeal Links
TransferWise logo
U$7,015.04
0.61%
0.7051S$51
OFX logo
U$7,002
0.79%
0.70020 for BER users (normally $15)
DBS Bank logo
U$6,833.68
3.18%
0.684618
OCBC Bank International Money Transfers
OCBC Bank logo
U$6,798.33
3.68%
0.6867S$100
Banks - Average Rate
Citibank logo HSBC logo DBS Bank logo OCBC Bank logo
U$6,776
3.99%
0.680118
HSBC logo
U$6,766.83
4.13%
0.6777S$15
Citibank International Money Transfers
Citibank logo
U$6,705.94
4.99%
0.671412
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
1.01%
 
TransferWise: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:0.7051 (0.1% from mid-rate)
To Amount (USD) U$7,015.04
Total Cost:0.61%
Time:1:11 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.7002 (0.79% from mid-rate)
To Amount (USD) U$7,002
Total Cost:0.79%
Difference:
U$13 USD less than using TransferWise
Time:
Rate Fetched: 1:11 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:0.6846 (3% from mid-rate)
To Amount (USD) U$6,833.68
Total Cost:3.18%
Difference:
U$181 USD less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:0.6867 (2.71% from mid-rate)
To Amount (USD) U$6,798.33
Total Cost:3.68%
Difference:
U$217 USD less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:0.6790 (3.8% from mid-rate)
To Amount (USD) U$6,776
Total Cost:3.99%
Difference:
U$239 USD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:0.6777 (3.98% from mid-rate)
To Amount (USD) U$6,766.83
Total Cost:4.13%
Difference:
U$248 USD less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:0.6714 (4.87% from mid-rate)
To Amount (USD) U$6,705.94
Total Cost:4.99%
Difference:
U$309 USD less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit: Foreign Transfer SGD→USD
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

Country Guides (SGD & USD)

United StatesUnited States (USD)SingaporeSingapore (SGD)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
ZimbabweZimbabwe (USD)

SGD and USD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs USD, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

Overall, it was a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

Read more in the article SGD Forecasts.

 

US Dollar (USD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.


How to get Best SGD to USD Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good SGD to USD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to USD exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/USDDate
1 Day+0.6%0.701608 Apr 2020
7 Day+0.9%0.699002 Apr 2020
30 Day-1.8%0.718410 Mar 2020
3 Month-4.9%0.741610 Jan 2020
1 Year-4.6%0.739710 Apr 2019
5 Year-3.5%0.731511 Apr 2015
10 Year-1.9%0.719012 Apr 2010

*For period to 09-Apr 21UTC when SGD/USD was 0.7056

When is the best time to exchange SGD to USD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates