ING Bank AUD to SGD Transfers Compared

   

AUD/SGD remains stable around 0.8346 despite recent fluctuations. Analysts note potential upward movement for AUD but warn of bearish pressure from RBA rate cuts and global trade issues. Stay alert for key economic indicators that may affect this currency pair. #Forex #AUDSGD

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What is the ING Bank Send Money conversion rate for AUD to SGD?

The ING Bank AUD to SGD exchange rate is 0.8007. This is -4.1% compared to the latest AUD-SGD mid-market rate 0.8346.

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 ING Bank - Aussie to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest AUD-SGD mid-rate and the possible savings of using various providers. 

How do ING Bank AUD-SGD rates compare between 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 0.8304, -0.5% from the latest mid-market rate 0.8346.

The next best is XE at 0.8296, -0.6% from the mid-rate.

Then Wise at 0.8292, which is -0.65% from the mid-rate.

The Western Union rate is 0.8263 which is -0.99% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.7976 at -4.4% the ANZ Bank rate is 0.8070 at -3.3% and the ING Bank rate is 0.8007 at -4.1% compared to the mid-rate 0.8346.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING 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.