ING Bank AUD to SGD Transfers Compared

   

AUD/SGD is currently trading near 0.8371, maintaining 7-day highs above its 3-month average. Analysts highlight a potential AUD boost from US dollar weakness but caution against commodity price fluctuations and disappointing Chinese data impacting demand. Monitor upcoming US inflation data for further insights

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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 0.8084. This is -3.6% compared to the latest AUD-SGD mid-market rate 0.8384.

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 0.8342, -0.5% from the latest mid-market rate 0.8384.

The next best is XE at 0.8333, -0.61% from the mid-rate.

Then Wise at 0.8329, which is -0.66% from the mid-rate.

The Western Union rate is 0.83 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.8012 at -4.4% the ANZ Bank rate is 0.8070 at -3.7% and the ING Bank rate is 0.8084 at -3.6% compared to the mid-rate 0.8384.

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.