Understanding the Table:
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’.
Singapore dollar (SGD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
The SGD to TWD exchange rate is currently bullish as the Singapore Dollar steadily gains ground.
Bias: bullish-to-range-bound, because USD/TWD sits above the 90-day average and in the upper half of the three-month range, signaling limited upside within a defined corridor.
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in New Taiwan dollar across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
| SGD | TWD |
|---|---|
| S$ 1,000 | NT$ 24,510 |
| S$ 5,000 | NT$ 122,550 |
| S$ 20,000 | NT$ 490,200 |
| S$ 100,000 | NT$ 2,451,000 |
| SGD | TWD |
|---|---|
| S$ 40.79 | NT$ 1,000 |
| S$ 203.97 | NT$ 5,000 |
| S$ 815.86 | NT$ 20,000 |
| S$ 4,079 | NT$ 100,000 |
More amounts
*Converted at the current SGD-TWD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Maybank SGD to TWD exchange rate is 23.66. This is -3.5% compared to the latest SGD-TWD mid-market rate 24.51.
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 New Taiwan dollar (TWD) rates from different sources before making a conversion.
The above Maybank - Singapore dollar to New Taiwan dollar 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-TWD mid-rate and the possible savings of using various providers.
Looking at the full SGD to TWD - Send Money comparison table the provider with the best SGD to TWD exchange rate is Wise at 24.29, -0.9% from the latest mid-market rate 24.51.
The next best is OFX at 23.36, -4.7% from the mid-rate.
Among the banks the CIMB Bank rate is 21.93 at -10.5% the OCBC Bank rate is 23.85 at -2.7% and the Maybank rate is 23.66 at -3.5% compared to the mid-rate 24.51.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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