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Best Exchange Rates

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Compare USD to SGD foreign transfers

Use our comparison table to find the best exchange rates for Singapore 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:

   
$USD
$SGD

Compare Deals
Foreign Transfer Providers
Ratings & Reviews
Receive SGD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TransferWise logo
13,388 SGD
Best Overall
1.3457$511.01%Bank Transfers - Online1-2 days
 
OFX logo
13,345 SGD
$43 less
1.33450^1.33%Bank Transfers - Online & Phone1-2 days
Wells Fargo Bank International Money Transfers
Wells Fargo Bank logo
13,067 SGD
$321 less
1.3091183.39%Online, Branch, Bank Transfers2-3 days
HSBC International Money Transfers
HSBC logo
13,057 SGD
$331 less
1.3077$153.46%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
12,978 SGD
$410 less
1.3054154.04%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
12,894 SGD
$494 less
1.3024$1004.67%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
12,894 SGD
$494 less
1.3024$1004.67%Online, Branch, Bank Transfers2-3 days
TransferWise: Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:1.3457 (0.5% from mid-rate)
SGD amount:13,388 SGD
Total Cost:1.01%
Time:12:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.3345 (1.33% from mid-rate)
SGD amount:13,345 SGD
Total Cost:1.33%
Difference:
$43 less than using TransferWise
Time:
Rate Fetched: Wed Feb 20 2019 10:02:56 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.3091 (3.21% from mid-rate)
SGD amount:13,067 SGD
Total Cost:3.39%
Difference:
$321 less than using TransferWise
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:1.3077 (3.31% from mid-rate)
SGD amount:13,057 SGD
Total Cost:3.46%
Difference:
$331 less than using TransferWise
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:15
Exchange Rate:1.2997 (3.9% from mid-rate)
SGD amount:12,978 SGD
Total Cost:4.04%
Difference:
$410 less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3024 (3.7% from mid-rate)
SGD amount:12,894 SGD
Total Cost:4.67%
Difference:
$494 less than using TransferWise
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→SGD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3024 (3.7% from mid-rate)
SGD amount:12,894 SGD
Total Cost:4.67%
Difference:
$494 less than using TransferWise
Time:12:08 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 in the US as licensed money transmitters. 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: 02/20/2019

1 USD = 1.3507 SGD

This is the current USD-SGD 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 USD-SGD exchange rate.

3 Month Chart
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Currency news and forecasts for United States 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 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 USD vs SGD, you should pay attention to both United States Dollar and Singapore Dollar news and forecasts.

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.

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.

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets