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SGD to USD - Compare Exchange Rates

Singapore Dollar to United States Dollar - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare SGD/USD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for SGD/USD International Money Transfers. Costs are calculated against the amount when SGD is converted to USD at mid-rate.

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Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TransferWise logo
7,329.43 USD0.7367$510.6%Bank Transfers - Online, Foreign Currency Accounts1-2 days
 
OFX logo
7,295 USD0.729501.07%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
7,212.99 USD0.7226182.18%Online, Branch, Bank Transfers2-3 days
HSBC logo
7,142.27 USD0.7153$153.14%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
7,134 USD0.7160183.25%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
7,103.25 USD0.7175$1003.67%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
7,078.5 USD0.7087124.01%Online, Branch, Bank Transfers2-3 days
TransferWise: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:$51 SGD (0.5% + $1)
Exchange Rate:0.7367 (0.09% from mid-rate)
USD amount:7,329.43 USD
Total Cost:0.6%
Time:1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:0.7295 (1.07% from mid-rate)
USD amount:7,295 USD
Total Cost:1.07%
Difference:
34 USD less than using TransferWise
Time:
Rate Fetched: Tue Apr 23 2019 00:13:48 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.7226 (2.01% from mid-rate)
USD amount:7,212.99 USD
Total Cost:2.18%
Difference:
116 USD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:0.7153 (3% from mid-rate)
USD amount:7,142.27 USD
Total Cost:3.14%
Difference:
187 USD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.7167 (2.81% from mid-rate)
USD amount:7,134 USD
Total Cost:3.25%
Difference:
195 USD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

OCBC Bank logoOCBC Bank

OCBC Bank: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:0.7175 (2.7% from mid-rate)
USD amount:7,103.25 USD
Total Cost:3.67%
Difference:
226 USD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:0.7087 (3.89% from mid-rate)
USD amount:7,078.5 USD
Total Cost:4.01%
Difference:
251 USD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

SGD to USD interbank exchange rate = 0.7369

Right now the SGD/USD interbank exchange rate is 0.7369. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert United States Dollar to Singapore Dollar.

This SGD/USD Converter calculates equivalent Singapore Dollar to United States Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

SGD / USD converter & margin calculator


$SGD
$USD
Mid-rates:
 

Foreign Transfers Travel Money

Compare how much you can save on
SGD/USD exchange rates for:

Foreign Transfers

1 Week SGD to USD
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Singapore Dollar

United States Dollar

1 SGD 0.7369 USD
5 SGD 3.6845 USD
10 SGD 7.3690 USD
20 SGD 14.74 USD
50 SGD 36.85 USD
100 SGD 73.69 USD
250 SGD 184.23 USD
500 SGD 368.45 USD
1,000 SGD 736.90 USD
2,000 SGD 1,473.80 USD
5,000 SGD 3,684.50 USD
10,000 SGD 7,369.00 USD
50,000 SGD 36,845.00 USD
100,000 SGD 73,690.00 USD
See more

Singapore Dollar

United States Dollar

1.3570 SGD 1 USD
6.7850 SGD 5 USD
13.57 SGD 10 USD
27.14 SGD 20 USD
67.85 SGD 50 USD
135.70 SGD 100 USD
339.25 SGD 250 USD
678.50 SGD 500 USD
1,357.00 SGD 1,000 USD
2,714.00 SGD 2,000 USD
6,785.00 SGD 5,000 USD
13,570.00 SGD 10,000 USD
67,850.00 SGD 50,000 USD
135,700.00 SGD 100,000 USD
See more

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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.

DateExchange RatePeriodChange
23 Apr 20190.7366Latest
16 Apr 20190.73821 Week-0.22%
24 Mar 20190.73911 Month-0.34%
25 Oct 20180.72436 Months+1.7%
23 Apr 20180.75441 Year-2.36%
23 Apr 20170.71792 Years+2.6%
24 Apr 20140.79505 Years-7.35%
25 Apr 20090.671910 Years+9.63%

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

  1. 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.
  2. 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.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Singapore Dollar and United States Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative 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

2019 has begun steadily for the Singapore dollar. In the third week of April, SGD is little changed (<1 percent) on the year against both the US dollar (S$1.356) and Australian dollar (S$0.97), but it continues to impress against the euro, relative to which it has strengthened by 2.5 percent year-to-date to S$1.524—near its strongest level in 2 years. A big-picture view shows SGD trading sideways against the pound since late 2016, now at S$1.763. SGD reached a 17-month high against the Malaysian ringgit in April, at RM3.073.

With core inflation at a 9-month low in the lead-up to this report and quarterly economic growth at a 2-year low, it’s likely that the Monetary Authority of Singapore will keep monetary policy unchanged when it next meets in October.

According to TradingEconomics.com, the Singapore dollar is likely to be worth S$1.37 per US dollar in 12 months’ time (April 2020).

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.