The comparison table above helps you see the total cost of your 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 Exchange Rates & Fees - Save Time & Money
Sending money to Bangladesh can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Bangladesh bank accounts or pay a Bangladeshi taka invoice.
SGD to BDT Market Data
Singapore dollar (SGD) to Bangladeshi taka (BDT) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy BDT
1 SGD = 95.44 BDT
▼-0.1% since yesterday
90d-highs
SGD to BDT at 95.44 is 2.7% above its 3-month average of 92.9, having traded in a relatively stable 6.6% range from 89.64 to 95.54
Is the SGD to BDT 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 Bangladeshi taka is to review how the SGD/BDT rate has changed over time.
The table below shows the percentage change in the SGD to BDT exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/BDT
Change
Period
07 Jul 2023
80.49
1.4% ▲
2 Week
22 Apr 2023
79.47
2.7% ▲
3 Month
21 Jul 2022
67.93
20.1% ▲
1 Year
22 Jul 2018
61.66
32.3% ▲
5 Year
23 Jul 2013
61.45
32.8% ▲
10 Year
26 Jul 2003
32.94
147.7% ▲
20 Year
SGD/BDT historic rates & change to 21-Jul-2023
SGD to BDT 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 Bangladeshi taka 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
best Send Money conversion rate for SGD to BDT?
The best SGD to BDT exchange rate is 94.86 from XE. This is -0.61% compared to the mid-market rate 95.44.
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 Bangladeshi taka (BDT) rates from different sources before making a conversion.
The above
Singapore dollar to Taka comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-BDT mid-rate and the possible savings of using various providers.
How do SGD-BDT rates compare between providers?
Looking at the
full comparison table
the best SGD to BDT exchange rate is 94.86 from XE, -0.61% from the mid-market rate 95.44. The next best rate is 94.86 from Wise, -0.61% from the mid-rate. Then WorldRemit with 94.48 is -1% from the mid-rate.
Among the banks the CIMB Bank rate is 90.29 at -5.4% the OCBC Bank rate is 92.86 at -2.7% and the Maybank rate is 92.1 at -3.5% compared to the mid-rate 95.44.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.