Bank of Melbourne SGD to CAD Exchange Rates & Currency Deals
SGD-CAD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Bank of Melbourne 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’.
SGD to CAD Market Data
Singapore dollar (SGD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the SGD to CAD 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 Canadian dollar is to review how the SGD/CAD rate has changed over time.
The table below shows the percentage change in the SGD to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The recent forecasts for the Singapore Dollar (SGD) to Canadian Dollar (CAD) exchange rate reflect a complex interplay of monetary policy and economic...
CAD to SGD outlook shows mixed signals. Analysts note CAD reached 90-day highs near 0.9390, supported by GDP growth but constrained by volatile oil prices. Traders should monitor oil market trends and economic indicators for potential shifts ahead
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SGD to CAD 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 Canadian 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 * :
What is the
best Send Money conversion rate for SGD to CAD?
The best SGD to CAD exchange rate is 1.0617 from Wise. This is -0.31% compared to the mid-market rate 1.0650.
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 Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Bank of Melbourne - Singapore dollar to Loonie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Bank of Melbourne and other foreign exchange providers against the latest SGD-CAD mid-rate and the possible savings of using various providers.
How do Bank of Melbourne SGD-CAD rates compare between providers?
Looking at the full
SGD to CAD - Send Money comparison table the provider with the best SGD to CAD exchange rate is Wise at 1.0617, -0.31% from the latest mid-market rate 1.0650.
The next best is OFX at 1.0597, -0.5% from the mid-rate.
Then XE at 1.0586, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Bank of Melbourne 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.