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  1. Exchange Rates
  2. U.S. dollar (USD)
  3. Singapore dollar (SGD)

Convert USD to SGD at Best Exchange Rates

Use this two-way calculator and chart to calculate amounts in either U.S. dollar or 1000 using the real-time USD/SGD market mid-rate. Then choose your transaction type Foreign Transfer Travel Money to see the available exchange rates and reviews for our leading foreign exchange providers.

USD to SGD mid-rate calculator

$
$
1 USD equals
SGD 1USD=SGD


Compare rates for: Foreign Transfers    Travel Money

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Loading USD/SGD Chart

There are three important types of information that you need to know if you are to have any chance of getting the best possible USD / SGD rate :

  1. Market USD to SGD mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for U.S. dollar and Singapore dollar.

1. Market USD/SGD mid-rate

Right now the USD/SGD market rate is and represents how many Singapore dollar you can get for one U.S. dollar.

The USD/SGD 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 USD / SGD was traded (bought or sold) in the international markets.

1 U.S. dollar equals
Singapore dollar 1=

You can calculate with the current mid-rate using our USD to SGD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.


2. Transaction Costs - Margins and Fees for USD/SGD Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

USD to SGD Foreign Transfer - Costs Compared

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 USD to SGD.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending USD 10,000 to SGD

 OFX (prev. USForex)
1USD=1.2857SGD
$12,857 SGD (2.33%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: $12,857 SGD
Exchange Rate: 1.2857
(Inverse 1SGD=USD 0.7778)
Fees: USD 0
Total Cost : 2.33% (from mid-rate: 1.3164)
This is the amount of money that could be received by your transfer at rate USD/SGD=1.2857 and inclusive of the fee of USD 0.
Rate timestamp : Sun Apr 22 2018 03:03:43 GMT+0000 (UTC)
Bank Rates - Average
1USD=1.251SGD
$12,491 SGD (5.11%)
This is the average USD to SGD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $12,491 SGD
Exchange Rate: 1.2510
(Inverse 1SGD=USD 0.7994)
Fees: USD 15
Total Cost : 5.11% (from mid-rate: 1.3164)
Receive SGD $366 less than with   OFX
This is the amount of money that could be received by your transfer at rate USD/SGD=1.251 and inclusive of the fee of USD 15.

Travel Money USD to SGD - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying SGD Cash with USD 1,000

 Travelex Online
1USD=1.172SGD
$1172.00 SGD (10.97%)
Free Home Delivery when you Buy Online Travel Money & Cards with $0 commission and great exchange rates only available from Travelex Online. Zero cost for Home Delivery or pickup your foreign cash at your local Travelex store or at the airport on departure day. * Home deliveries can only be made to the registered billing address of your chosen payment method.
Price Details
Receive: $1172.00 SGD
Exchange Rate: 1.172
(Inverse 1SGD=USD 0.8532)
Fees: USD 0
Total Cost : 10.97% (from mid-rate: 1.3164)
Amount of money that could be received by your currency exchange at rate USD/SGD=1.172 and inclusive of the fee of USD 0.
Rate timestamp : Sun Apr 22 2018 03:00:03 GMT+0000 (UTC)
Bank Rates - Average
1USD=1.1519SGD
$1140.38 SGD (13.37%)
This is the average USD to SGD Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: $1140.38 SGD
Exchange Rate: 1.1519
(Inverse 1SGD=USD 0.8681)
Fees: USD 10 (1%)
Total Cost : 13.37% (from mid-rate: 1.3164)
Receive SGD $32 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate USD/SGD=1.1519 and inclusive of the fee of USD 10 (1%).
Rates snapshot: 04/22/2018

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.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same USD/SGD market rate I see on Google or in the Media?

When you look up the current U.S. dollar to Singapore dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

USD to SGD mid-rate on google

USD to SGD mid-rate on google search

Getting a great USD to SGD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below USD to SGD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific U.S. dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for U.S. dollar and Singapore 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 is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the USD vs SGD, you should pay attention to both U.S. dollar and Singapore dollar news and forecasts.

U.S. dollar (USD) - Market news and forecasts

Against a basket of currencies, the U.S. dollar held steady in February and March – a welcome change considering the currency’s 15% fall in the preceding 13 months. However, any boost the greenback might receive from higher U.S. interest rates (the Fed hiked again in March) is likely to be offset by the longer-term consequences of U.S. trade tariffs, thinks a growing number of FX analysts. The latest round of tariffs include those on steel and aluminium imports and on $60 billion worth of Chinese goods, all aimed at boosting U.S. manufacturers.

The question of whether China in particular would take retaliatory steps on trade was a hot topic approaching the end of March. Analysts at Bank of America Merrill Lynch, BK Asset Management and Lloyds all said that the dollar would weaken on any escalation of trade tensions. In March, Lloyds reduced its dollar-euro year-end forecast to 0.8 (EUR/USD 1.25), from 0.82.

With trade on everyone’s lips and with traders uninspired by U.S. economic prospects, it is not surprising that the dollar’s trajectory has decoupled in 2018 from that of U.S. interest rate expectations. Despite yields climbing steadily this year, the dollar has sunk.

“It’s easy to see the weak-dollar story persisting,” said ING in February. The bank has forecast dollar-euro at just 0.77 at year-end (EUR/USD 1.3).

Singapore dollar (SGD) - Market news and forecasts

In 2018, Singapore developments and economic data have been less of a driver of SGD FX rates, with most simply following the broader market(s).

In January, after breaking significant technical support at 1.335, USD/SGD fell to 1.3 for the first time since 2014. Then, in line with the broader market for dollar pairs, USD/SGD rallied by mid-February into the high 1.31s. 1.335 remains a significant technical level in this pair.

Against a very strong Japanese yen, SGD lost nearly 4% of its value in the first seven weeks of the year; however, this was once again in line with the broad moves in yen pairs. In mid-February, SGD bought roughly 81 yen.

Against the euro, SGD continues to lose value in 2018, as it did in 2017. SGD weakened in early February to 1.645 per euro – its weakest level in two-and-a-half years.

The team at TradingEconomics.com is forecasting SGD weakness ahead. It sees the currency weakening to 1.38 per US dollar before the end of the year.

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