Understanding the Table:
The comparison table above helps you see the total cost of your Westpac currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The average AUD rate margin offered by Westpac is 0.00%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Westpac that we monitor.
The tables below show the best and worst exchange rate margins offered by Westpac for Australian dollar (AUD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Australian dollar (AUD) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/SGD Outlook: Likely to increase as the rate is significantly above its recent average and near recent highs, supported by anticipated interest rate...
AUD/USD Outlook: Likely to increase, as the rate is significantly above its recent average and near recent highs, supported by strong inflation expectations in Australia.
USD/SGD Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by several negative drivers.
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
| AUD | SGD |
|---|---|
| A$ 1,000 | S$ 891.60 |
| A$ 5,000 | S$ 4,458 |
| A$ 20,000 | S$ 17,832 |
| A$ 100,000 | S$ 89,160 |
| AUD | SGD |
|---|---|
| A$ 1,122 | S$ 1,000 |
| A$ 5,608 | S$ 5,000 |
| A$ 22,432 | S$ 20,000 |
| A$ 112,160 | S$ 100,000 |
More amounts
*Converted at the current AUD-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Westpac AUD to SGD exchange rate is 0.8497. This is -4.7% compared to the latest AUD-SGD mid-market rate 0.8916.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above Westpac - Aussie to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Westpac and other foreign exchange providers against the latest AUD-SGD mid-rate and the possible savings of using various providers.
Looking at the full AUD to SGD - Send Money comparison table the provider with the best AUD to SGD exchange rate is OFX at 0.8871, -0.5% from the latest mid-market rate 0.8916.
The next best is Wise at 0.8869, -0.53% from the mid-rate.
Then XE at 0.8862, which is -0.61% from the mid-rate.
The Western Union rate is 0.8826 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 0.8651 at -3% the ANZ Bank rate is 0.8651 at -3% and the ING Bank rate is 0.8056 at -9.6% compared to the mid-rate 0.8916.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Westpac often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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