The comparison table above helps you see the total cost of your Maybank 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’.
Compare Maybank Exchange Rates & Fees - Save Time & Money
Our Maybank SGD to KWD rate is 0.2306. This is -3.5% below the mid-rate.
SGD to KWD Market Data
Singapore dollar (SGD) to Kuwaiti dinar (KWD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy KWD
1 SGD = 0.2389 KWD
▼-0.1% since yesterday
90d-highs
SGD to KWD at 0.2389 is 2.0% above its 3-month average of 0.2343, having traded in a quite stable 5.1% range from 0.2275 to 0.2391
Is the SGD to KWD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Kuwaiti dinar is to review how the SGD/KWD rate has changed over time.
The table below shows the percentage change in the SGD to KWD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/KWD
Change
Period
07 Jul 2023
0.2273
1.5% ▲
2 Week
22 Apr 2023
0.2295
0.5% ▲
3 Month
21 Jul 2022
0.2214
4.2% ▲
1 Year
22 Jul 2018
0.2223
3.7% ▲
5 Year
23 Jul 2013
0.2256
2.2% ▲
10 Year
26 Jul 2003
0.1709
34.9% ▲
20 Year
SGD/KWD historic rates & change to 21-Jul-2023
SGD to KWD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Kuwaiti dinar across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
Maybank Send Money conversion rate for SGD to KWD?
The Maybank SGD to KWD exchange rate is 0.2306. This is -3.5% compared to the latest SGD-KWD mid-market rate 0.2389.
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 Kuwaiti dinar (KWD) rates from different sources before making a conversion.
The above
Maybank - Singapore dollar to Dinar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Maybank and other foreign exchange providers against the latest SGD-KWD mid-rate and the possible savings of using various providers.
How do Maybank SGD-KWD rates compare between providers?
Looking at the full
SGD to KWD - Send Money comparison table the provider with the best SGD to KWD exchange rate is OFX at 0.2377, -0.5% from the latest mid-market rate 0.2389.
The next best is Wise at 0.2375, -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Maybank 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.
Recent currency market updates and analyst forecasts indicate a complex outlook for the SGD to USD exchange rate influenced by geopolitical tensions and economic data trends.
The recent currency market updates indicate a challenging outlook for the SGD to JPY exchange rate amid escalating trade tensions and economic uncertainty.