|
|
|
||
|
|
|
||
|
|
|
||
|
|
|
Understanding the Table:
The comparison table above helps you see the total cost of your OCBC Bank 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 Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
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 Nigerian naira is to review how the SGD/NGN rate has changed over time.
The table below shows the percentage change in the SGD to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | SGD/NGN | Change | Period |
|---|---|---|---|
30 May 2025 | 1230.11 | 2.2% ▼ | 2 Week |
15 Mar 2025 | 1144.99 | 5.1% ▲ | 3 Month |
13 Jun 2024 | 1113.80 | 8% ▲ | 1 Year |
14 Jun 2020 | 277.84 | 333% ▲ | 5 Year |
16 Jun 2015 | 148.09 | 712.4% ▲ | 10 Year |
18 Jun 2005 | 80.83 | 1388.4% ▲ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Nigerian naira across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
*Converted at the current SGD-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OCBC Bank SGD to NGN exchange rate is 1171.12. This is - compared to the latest SGD-NGN mid-market rate 1,203.6.
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 Nigerian naira (NGN) rates from different sources before making a conversion.
The above OCBC Bank - Singapore dollar to Naira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OCBC Bank and other foreign exchange providers against the latest SGD-NGN mid-rate and the possible savings of using various providers.
Looking at the full SGD to NGN - Send Money comparison table the provider with the best SGD to NGN exchange rate is Wise at 1196.4.
The next best is WorldRemit at 1191.58.
Among the banks the CIMB Bank rate is -21.9038 the OCBC Bank rate is 1171.12 and the Maybank rate is 1161.49 compared to the mid-rate 1,203.6.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like OCBC 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.
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.
Recent analysis indicates a challenging outlook for the USD to NGN exchange rate, driven primarily by shifting economic dynamics within the U.S.
The exchange rate forecast for SGD to EUR is being shaped by complex global trade dynamics and regional economic factors.
View a full list of exchange rates by selecting your Base (from) currency: