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 Dominican Republic 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 Dominican Republic bank accounts or pay a Dominican peso invoice.
SGD to DOP Market Data
Singapore dollar (SGD) to Dominican peso (DOP) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy DOP
1 SGD = 46.27 DOP
—
30d-highs
SGD to DOP is at 30-day highs near 46.27, just above its 3-month average, having traded in a quite stable 5.5% range from 44.87 to 47.36
Is the SGD to DOP 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 Dominican peso is to review how the SGD/DOP rate has changed over time.
The table below shows the percentage change in the SGD to DOP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/DOP
Change
Period
07 Jul 2023
41.31
1.9% ▲
2 Week
22 Apr 2023
40.90
3% ▲
3 Month
21 Jul 2022
39.08
7.8% ▲
1 Year
22 Jul 2018
36.43
15.6% ▲
5 Year
23 Jul 2013
33.10
27.2% ▲
10 Year
26 Jul 2003
19.61
114.7% ▲
20 Year
SGD/DOP historic rates & change to 21-Jul-2023
SGD to DOP 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 Dominican peso 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 DOP?
The best SGD to DOP exchange rate is 46 from Wise. This is -0.58% compared to the mid-market rate 46.27.
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 Dominican peso (DOP) rates from different sources before making a conversion.
The above
Singapore dollar to Dominican peso 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-DOP mid-rate and the possible savings of using various providers.
How do SGD-DOP rates compare between providers?
Looking at the full
SGD to DOP - Send Money comparison table the provider with the best SGD to DOP exchange rate is Wise at 46, -0.58% from the latest mid-market rate 46.27.
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.