The live mid-rate GBP to SGD exchange rate is 1.6693. Compare currency conversion rates - Reduce FX costs.
The best GBP to SGD exchange rate is our partner deal rate of 1.661 from OFX . This is -0.5% compared to the mid-market rate 1.6693.
The standard OFX GBP-SGD rate is 1.6449, -1.5% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Singapore dollar (SGD) rates from different sources before making a conversion.
Looking at our comparison table the best GBP to SGD exchange rate is 1.661 from OFX, -0.5% from the mid-market rate 1.6693. The next best rate is 1.6593 from XE, -0.6% from the mid-rate. Wise with 1.6576 is -0.7% from the mid-rate.
The Western Union rate is 1.6526 which is -1% from the mid-rate.
Among the banks, the Lloyds Bank rate is 1.5815 at -5.3%, the Royal Bank of Scotland rate is 1.5915 at -4.7%, and the Barclays Bank rate is 1.6109 at -3.5% 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.
The Sterling to Singapore dollar comparison table above 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 GBP-SGD mid-rate (see Market Data below ) and the possible savings of using various providers.
British pound (GBP) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/SGD | Change | Period |
|---|---|---|---|
08 Jan 2025 | 1.6908 | 1.1% ▼ | 2 Week |
24 Oct 2024 | 1.7108 | 2.3% ▼ | 3 Month |
23 Jan 2024 | 1.7019 | 1.8% ▼ | 1 Year |
24 Jan 2020 | 1.7668 | 5.4% ▼ | 5 Year |
25 Jan 2015 | 2.0185 | 17.2% ▼ | 10 Year |
27 Jan 2005 | 3.0814 | 45.8% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to SGD (British pound to Singapore dollar)*.
*Converted at the current GBPSGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent market updates indicate a cautious outlook for the GBP to SGD exchange rate, following disappointing economic data from the UK and stable yet uncertain conditions for the Singapore dollar. The pound (GBP) recently softened as the UK's GDP growth for November was announced at a lackluster 0.1%, falling short of the expected 0.2%. This has raised concerns among FX analysts about the potential implications for future growth and the currency's trajectory. As retail sales data is set to be released, market observers are eager to see if an uptick in consumer spending might provide a much-needed boost for GBP to support it against stronger competitors.
Read our full review of recent GBP to SGD forecasts.
There are several ways to save on exchange rates when converting British pound to Singapore dollar:
Generally speaking, if you are buying Singapore dollar with British pound, then it's better for the GBP/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.
Read our Currency guide to Singapore - a practical currency and money guide to travel, living and doing business in Singapore with the Singapore dollar.
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.
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 GBP/SGD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United Kingdom (GBP) | Singapore (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
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