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Understanding the Table:
The comparison table above helps you see the total cost of your DBS Bank 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 HKD rate margin offered by DBS Bank is 1.2%.
This average is based on individual HKD 10K transfer rates in the currency pairs from DBS Bank that we monitor.
The tables below show the best and worst exchange rate margins offered by DBS Bank for Hong Kong dollar (HKD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Hong Kong dollar (HKD) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
HKD/SGD Outlook: Likely to decrease, as the rate is below its recent average and near recent lows, pressured by ongoing monetary policy adjustments in Singapore.
USD/SGD Outlook: Likely to decrease as the current rate is near recent lows and significantly below its 90-day average, with bearish pressure from various factors.
EUR/SGD Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average, lacking a clear driver.
To help you understand the real-world value of the current exchange rate, the table below shows how much Hong Kong dollar are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different HKD amounts at today’s rate * :
| HKD | SGD |
|---|---|
| HK$ 1,000 | S$ 163.20 |
| HK$ 5,000 | S$ 816.00 |
| HK$ 20,000 | S$ 3,264 |
| HK$ 100,000 | S$ 16,320 |
| HKD | SGD |
|---|---|
| HK$ 6,127 | S$ 1,000 |
| HK$ 30,634 | S$ 5,000 |
| HK$ 122,536 | S$ 20,000 |
| HK$ 612,680 | S$ 100,000 |
More amounts
*Converted at the current HKD-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The DBS Bank HKD to SGD exchange rate is 0.1621. This is -0.67% compared to the latest HKD-SGD mid-market rate 0.1632.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Hong Kong dollar (HKD) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above DBS Bank - Hong Kong dollar to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by DBS Bank and other foreign exchange providers against the latest HKD-SGD mid-rate and the possible savings of using various providers.
Looking at the full HKD to SGD - Send Money comparison table the provider with the best HKD to SGD exchange rate is OFX at 0.1624, -0.49% from the latest mid-market rate 0.1632.
The next best is XE at 0.1622, -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like DBS Bank 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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