Understanding the Table:
The comparison table above helps you see the total cost of your Citibank 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 details and click ‘Get Rates’.
The Citibank SGD to TWD exchange rate is 21.78. This is -6.3% compared to the latest SGD-TWD mid-market rate 23.24.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to New Taiwan dollar (TWD) rates from different sources before making a conversion.
The above Citibank - Singapore dollar to New Taiwan dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Citibank and other foreign exchange providers against the latest SGD-TWD mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best SGD to TWD exchange rate is 23.1 from Wise, -0.6% from the mid-market rate 23.24. The next best rate is 23.01 from WorldRemit, -0.99% from the mid-rate. Then OFX with 22.1049 is -4.9% from the mid-rate.
Among the banks the CIMB Bank rate is 21.66 at -6.8% the OCBC Bank rate is 22.61 at -2.7% and the Maybank rate is 22.43 at -3.5% compared to the mid-rate 23.24.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank 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: