Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates

    Best AUD to SGD Exchange Rates

    The best AUD to SGD rate is 0.8891, and is the current mid-market exchange rate. We help you compare Australian dollar to Singapore dollar rates and costs to this live market rate.

    In this Aussie to Singapore dollar (AUD/SGD) rate guide:

    Compare exchange rates - AUD to SGD

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to Singapore dollar (SGD) rates from different sources before making a conversion.

    The below Rate Comparison Table makes it easy to compare the Total Cost you are being charged on Aussie to Singapore dollar currency rates and the possible savings of using various providers.

     

    Loading comparison rates...

     
       
       
       
       
     
    @bestfxrates : 📈 FX analysts predict a bullish AUD as RBA rate hikes loom. AUD/SGD nearing 90-day peak at 0.8847, with potential for further gains amid a stable SGD and global risk appetite shifts. Keep an eye on the RBA's next moves for currency cues. #AUDSGD #Forex #CurrencyUpdate

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

     
     

    AUD to SGD Market Data

    Australian dollar (AUD) to Singapore dollar (SGD) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 AUD =
    0.8891We compare provider deals to this wholesale mid-market rate. Read more
    SGD
    AUD to SGD is at 90-day highs near 0.8901, 1.8% above its 3-month average of 0.8744, having traded in a very stable 2.9% range from 0.8650 to 0.8901
    |
    Sell AUD   →   Buy SGD
    My Rates

    Manage My Rates   


    90-DAY HIGH
    1-DAY +0.9%
    DateAUD/SGDChangePeriod
    17 Nov 2023
    0.8754
    1.6% 2 Week
    02 Sep 2023
    0.8744
    1.7% 3 Month
    01 Dec 2022
    0.9219
    3.6% 1 Year
    02 Dec 2018
    1.0097
    11.9% 5 Year
    03 Dec 2013
    1.1447
    22.3% 10 Year
    06 Dec 2003
    1.2612
    29.5% 20 Year
    AUD/SGD historic rates & change to 01-Dec-2023

    Forecasts for AUD to SGD

    AUDSGD chart
    90-DAY HIGH
    1-DAY +0.9%

    According to FX analysts, the Australian dollar (AUD) is anticipated to gain strength heading into 2024, backed by expectations of interest rate hikes from the Reserve Bank of Australia (RBA). The RBA's relatively slower pace in raising interest rates in 2022 compared to other central banks had put downward pressure on the AUD, especially against currencies like the USD, EUR, and GBP. However, the market view suggests a reversal in this pattern, with analysts expecting the interest rate differential to narrow as Australia may continue its tightening cycle while other countries could potentially lower rates before Australia does. Commodities play a significant role in the Australian economy, and any increase in prices or demand, especially for iron ore, its major export, tends to boost the AUD. Additionally, the AUD's status as a proxy for risk appetite means its value is closely tied to global economic confidence and geopolitical developments.

    Read our full AUD to SGD forecasts analysis

     
    AUD to SGD flags

    How to get a good AUD to SGD exchange rate

    There are several ways to save on exchange rates when converting Australian dollar to Singapore dollar:

    1. Shop around for the best AUD/SGD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the AUD/SGD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both AUD and SGD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Singapore dollar with Australian dollar, then it's better for the AUD/SGD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Australian dollar rise against the Singapore dollar?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add AUD/SGD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

     
    Track Rate
     

    Manage My Rates   

     

    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Singapore - a practical currency and money guide to travel, living and doing business in Singapore with the Singapore dollar.

     
     
     

    Country Currency Guides

    AustraliaAustralia (AUD)SingaporeSingapore (SGD)
       
     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

    ^ Scroll back up to ^

    ^