The DBS Bank SGD to AUD rate is 1.1912. This is -1.1% below the mid-rate. Compare DBS Bank currency conversion rates - Reduce FX costs.
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The DBS Bank SGD to AUD exchange rate is 1.1912. This is -1.1% compared to the latest SGD-AUD mid-market rate 1.2049.
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 Australian dollar (AUD) rates from different sources before making a conversion.
The DBS Bank Singapore dollar to Aussie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by DBS Bank and other foreign exchange providers against the latest SGD-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
DBS Bank is a Singapore-based multinational bank and is particularly popular in Singapore and the wider Southeast Asia region. The bank has a strong presence in countries such as Indonesia, Hong Kong, Taiwan, and China, where it offers a range of banking and financial services to individuals and businesses. DBS Bank has also expanded its presence in India and other parts of South Asia in recent years.
In addition to its core markets in Asia, DBS Bank has a growing presence in other regions, including the Middle East, Europe, and the Americas. The bank has established itself as a leading player in the digital banking space, with a focus on delivering innovative and user-friendly banking services to customers across multiple geographies.
DBS Bank offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. DBS Bank provides fast and secure international money transfer services with competitive exchange rates and low transfer fees. The bank offers two main types of international money transfer services:
DBS Remit: DBS Remit is an online money transfer service that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in 26 currencies and allows for same-day or next-day transfers. DBS Remit also offers preferential exchange rates for selected currencies.
Telegraphic transfers (TT): TT is a traditional method of sending money overseas that involves transferring funds from one bank to another via a secure telegraphic transfer. TT is available in a range of currencies and allows for both incoming and outgoing transfers.
DBS does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.
Our research shows that on average, DBS profit margin for foreign exchange rates is somewhere between 3 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.
When you get a quote for your Global Money Transfer from DBS on their website or in-app, you can also see the DBS exchange rate, but it can be difficult to then calculate how much you are being charged.
While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Singapore dollar (SGD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | SGD/AUD | Change | Period |
|---|---|---|---|
16 May 2025 | 1.1979 | 0.8% ▲ | 2 Week |
01 Mar 2025 | 1.1924 | 1.3% ▲ | 3 Month |
30 May 2024 | 1.1171 | 8.1% ▲ | 1 Year |
31 May 2020 | 1.0638 | 13.5% ▲ | 5 Year |
02 Jun 2015 | 0.9542 | 26.6% ▲ | 10 Year |
04 Jun 2005 | 0.7928 | 52.3% ▲ | 20 Year |
Here are some popular conversion amounts for SGD to AUD (Singapore dollar to Australian dollar)*.
| SGD | AUD |
|---|---|
| S$ 1,000 | A$ 1,205 |
| S$ 5,000 | A$ 6,025 |
| S$ 20,000 | A$ 24,098 |
| S$ 100,000 | A$ 120,490 |
| SGD | AUD |
|---|---|
| S$ 830.00 | A$ 1,000 |
| S$ 4,150 | A$ 5,000 |
| S$ 16,600 | A$ 20,000 |
| S$ 83,000 | A$ 100,000 |
More amounts
*Converted at the current SGDAUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecasts for the SGD to AUD currency pair are increasingly influenced by global trade tensions, particularly stemming from recent tariff announcements by U.S. President Donald Trump. The imposition of a 10% reciprocal tariff on imports from both Singapore and Australia has exacerbated concerns over a potential global trade war, which analysts warn could lead to further weakness in emerging Asian currencies, including the SGD and AUD.
Read our full review of recent SGD to AUD forecasts.
There are several ways to save on exchange rates when converting Singapore dollar to Australian dollar:
Generally speaking, if you are buying Australian dollar with Singapore dollar, then it's better for the SGD/AUD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Australia — a practical currency and money guide to travel in Australia plus living and doing business with the Australian dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add SGD/AUD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Australia (AUD) |  Christmas Island (AUD) |  Cocos Keeling Islands (AUD) |
 Heard and McDonald Islands (AUD) |  Kiribati (AUD) |  Nauru (AUD) |
 Norfolk Island (AUD) | Singapore (SGD) |  Tuvalu (AUD) |
There are no limits on the amount of money that can be sent to or from Australia. However, there may be fees and exchange rates that apply when sending money internationally, and these costs can vary depending on the method of transfer and the country where the money is being sent.
If you are sending a large amount of money to or from Australia, it is a good idea to compare the fees and exchange rates offered by different money transfer providers to find the most cost-effective option.
It is also important to note that there are some reporting requirements in Australia for international money transfers. If you are sending or receiving an amount of AUD 10,000 or more, you are required to report the transaction to the Australian Transaction Reports and Analysis Centre (AUSTRAC). This requirement applies to both individuals and businesses.
Additionally, if you are sending money to or from a country that is considered to be a "high risk" for money laundering or terrorism financing, you may be required to provide additional documentation or information to comply with Australian anti-money laundering and counter-terrorism financing laws.
Read more at our Australia (AUD) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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