The comparison table above helps you see the total cost of your 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’.
CAD to SGD Market Data
Canadian dollar (CAD) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The CAD/SGD exchange rate is range-bound, near the 90-day average and in the middle of a 3-month range.
Key drivers:
- Bank of Canada cut rates, cautioning CAD.
- Monetary Authority of Singapore maintains stable policy.
- Oil prices above average may support CAD revenue.
- Singapore's steady GDP growth could bolster SGD.
Range: CAD/SGD likely to remain stable within its recent range.
What could change it:
- Upside risk: Recovery in oil prices could strengthen CAD.
- Downside risk: Worsening labor market in Canada may weaken CAD.
CAD/SGD stuck in a range as BoC cuts rates while SGD remains stable. Oil prices could boost CAD if they recover, but a weak labor market in Canada poses risks. Staying informed is key for optimal FX strategies
@bestfxrates
CAD to SGD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to SGD?
The best CAD to SGD exchange rate is 0.9208 from OFX . This is -0.5% compared to the mid-market rate 0.9254.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above
Loonie to Singapore dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-SGD mid-rate and the possible savings of using various providers.
How do CAD-SGD rates compare between providers?
Looking at the full
CAD to SGD - Send Money comparison table the provider with the best CAD to SGD exchange rate is OFX at 0.9208, -0.5% from the latest mid-market rate 0.9254.
The next best is Wise at 0.9201, -0.57% from the mid-rate.
Then XE at 0.9199, which is -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.