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SGD to USD - Exchange Rates Guide

Singapore Dollar to US Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

SGD/USD exchange rate (wholesale):

1 SGD = 0.7183 USD

Sell SGD / Buy USD 

 
SGD to USD chart and trends
14-DAY-HI
SGD/USD at 0.7184 was trading 1.5% above AVG:0.7077 with LO:0.6844 and HI:0.7228 (90 days). There are no current rate alerts.

Singapore Dollar to US Dollar - Quick Conversions

SGD USD
S$ 1 U$ 0.7183
S$ 5 U$ 3.5915
S$ 10 U$ 7.1830
S$ 20 U$ 14.37
S$ 50 U$ 35.92
S$ 100 U$ 71.83
S$ 250 U$ 179.58
S$ 500 U$ 359.15
S$ 1,000 U$ 718.30
S$ 2,000 U$ 1,437
S$ 5,000 U$ 3,592
S$ 10,000 U$ 7,183
S$ 50,000 U$ 35,915
S$ 100,000 U$ 71,830
More amounts
SGD USD
S$ 1.3922 U$ 1
S$ 6.9610 U$ 5
S$ 13.92 U$ 10
S$ 27.84 U$ 20
S$ 69.61 U$ 50
S$ 139.22 U$ 100
S$ 348.05 U$ 250
S$ 696.10 U$ 500
S$ 1,392 U$ 1,000
S$ 2,784 U$ 2,000
S$ 6,961 U$ 5,000
S$ 13,922 U$ 10,000
S$ 69,610 U$ 50,000
S$ 139,220 U$ 100,000
More amounts

To calculate other SGD/USD amounts try our home-page Convert SGD to USD quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Singapore Dollar and US Dollar Forecasts

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)

In early May the continuing coronavirus pandemic and an associated possible re-escalation in the US-China trade tensions has moved the market into safer currencies such as the USD and JPY.

Goldman Sachs and RBC Capital forecast a large drop for US dollar against Japanese Yen to continue with a USD/JPY rate of 95 in the near future.

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

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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore Dollar vs US Dollar current value is to look the SGD/USD historic rate and change over a range of periods.

The following table looks at the change in the SGD to USD exchange rate over periods from the previous week back to the last 10 years.

SGD/USD historic rateChange to 03-JulPeriod
0.7177  26 Jun 20200.1% ▼1 Week
0.7156  03 Jun 20200.2% ▲30 Days
0.6945  04 Apr 20203.2% ▲90 Days
0.7377  04 Jul 20192.8% ▼1 Year
0.7409  05 Jul 20153.3% ▼5 Years
0.7207  06 Jul 20100.5% ▼10 Years
SGD/USD 10 year historic rates & changes to 03-Jul-2020 : 0.7168
 

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