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Best Exchange Rates

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Compare SGD to USD foreign transfers

Use our comparison table to find the best exchange rates for United States Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$SGD
$USD

Compare Deals
Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
7,346 USD0.734600.39%Bank Transfers - Online & Phone1-2 days
 
OFX logo
7,295 USD0.729501.08%Bank Transfers - Online & Phone1-2 days
DBS Bank logo
7,212.99 USD0.7226182.2%Online, Branch, Bank Transfers2-3 days
HSBC logo
7,142.27 USD0.7153$153.16%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
7,135 USD0.7161183.26%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
7,104.24 USD0.7176$1003.67%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
7,078.5 USD0.7087124.02%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:
Exchange Rate:0.7346 (0.39% from mid-rate)
USD amount:7,346 USD
Total Cost:0.39%
Time:1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:0.7295 (1.08% from mid-rate)
USD amount:7,295 USD
Total Cost:1.08%
Difference:
$51 less than using WorldFirst
Time:
Rate Fetched: Mon Feb 18 2019 00:13:42 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
DBS Bank: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.7226 (2.02% from mid-rate)
USD amount:7,212.99 USD
Total Cost:2.2%
Difference:
$133 less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:0.7153 (3.01% from mid-rate)
USD amount:7,142.27 USD
Total Cost:3.16%
Difference:
$204 less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo

Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.7167 (2.82% from mid-rate)
USD amount:7,135 USD
Total Cost:3.26%
Difference:
$211 less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
OCBC Bank: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:0.7176 (2.7% from mid-rate)
USD amount:7,104.24 USD
Total Cost:3.67%
Difference:
$242 less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Citibank: Foreign Transfer SGD→USD
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:0.7087 (3.91% from mid-rate)
USD amount:7,078.5 USD
Total Cost:4.02%
Difference:
$267 less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

1 SGD = 0.7375 USD

This is the current SGD-USD mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market SGD-USD exchange rate.

3 Month Chart
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Currency news 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

4-Jan-2019: 2018 was a steady year for the Singapore dollar. It lost out marginally against the US dollar (S$1.363) with a decline of 2 percent, but that was offset by a gain of nearly 3 percent against the euro (S$1.563). The Singapore dollar was especially strong last year against the Australian dollar, relative to which it climbed 8.5 percent to a 10-year high (AUD/SGD low) of S$0.961.

With Singapore being a small, trade-dependent country, prime risks to the SGD for 2019 will include a re-emergence of trade tensions between China and the US, and/or a global economic slowdown — the latter was a real possibility at the time of writing if economic data, higher interest rates, tumbling stock prices and earnings warnings from the world’s largest companies were anything to go by.

SGD will dip slightly in early 2019, an analyst at Singaporean bank OCBC said in January, before the “confluence of an uncertain Fed and a stabilization in China allows for a more sustained uptrend.” Don’t expect too much in the way of appreciation, though. The analyst argued for a floor under USD/SGD at S$1.30, indicative of potential SGD strength worth 5 percent from January’s opening rate.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

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