The PayPal SGD to EUR rate is 0.6606. This is -3.9% below the mid-rate. Compare PayPal currency conversion rates - Reduce FX costs.
The PayPal SGD to EUR exchange rate is 0.6606. This is -3.9% compared to the latest SGD-EUR mid-market rate 0.6872.
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 Euro (EUR) rates from different sources before making a conversion.
Looking at our comparison table the best SGD to EUR exchange rate is 0.6838 from OFX, -0.49% from the mid-market rate 0.6872. The next best rate is 0.6831 from XE, -0.6% from the mid-rate. Then Wise with 0.6831 is -0.6% from the mid-rate.
Among the banks, the CIMB Bank rate is 0.6619 at -3.7%, the OCBC Bank rate is 0.6687 at -2.7%, and the Maybank rate is 0.6632 at -3.5% compared to the mid-rate 0.6872.
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.
The PayPal Singapore dollar to Euro comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by PayPal and other foreign exchange providers against the latest SGD-EUR mid-rate (see Market Data below ) and the possible savings of using various providers.
When you use the PayPal to make a foreign transfer the total cost will depend on how you pay, but generally you will be charged between 4%-7% percent of the total amount being converted depending on how you pay.
When you use a debit/credit card to pay for your transfer you will be charged an extra 3% when you load your PayPal wallet.
How is the PayPal exchange rate calculated?
The base foreign exchange rate at which PayPal obtains foreign currency is determined by 3rd party financial institutions, and are adjusted regularly based on market conditions. The exchange rate that PayPal then provides you also includes a processing fee above the base rate.
The exchange rate provided by PayPal is fixed for each currency and does not change for small or large amounts.
If you use your credit card to send a payment, you can usually opt to use your credit card provider’s conversion rate instead of PayPal's.
If you choose to use MasterCard or Visa’s exchange rate, the applied conversion rate will be shown on your credit card statement, and not at the time of the transaction.
When you use the PayPal App in the US to send a payment to a different currency, you will be using Xoom, a PayPal Service.
Singapore dollar (SGD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | SGD/EUR | Change | Period |
|---|---|---|---|
29 Apr 2025 | 0.6712 | 2.8% ▲ | 2 Week |
12 Feb 2025 | 0.7113 | 3% ▼ | 3 Month |
13 May 2024 | 0.6848 | 0.8% ▲ | 1 Year |
14 May 2020 | 0.6504 | 6.1% ▲ | 5 Year |
16 May 2015 | 0.6620 | 4.3% ▲ | 10 Year |
18 May 2005 | 0.4781 | 44.4% ▲ | 20 Year |
Here are some popular conversion amounts for SGD to EUR (Singapore dollar to Euro)*.
*Converted at the current SGDEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The SGD to EUR exchange rate is currently at 0.6846, which is 0.8% below its three-month average of 0.6899. This relative stability in the currency pair contrasts with recent volatility in the broader Asian currency market, where currencies such as the Thai baht and South Korean won have dropped around 2% following U.S. President Donald Trump’s announcement of new tariffs on imports from Singapore and other major economies. Analysts indicate that this unpredictability in trade relations has led to a deterioration of risk sentiment towards emerging Asian currencies, including the SGD.
Read our full review of recent SGD to EUR forecasts.
There are several ways to save on exchange rates when converting Singapore dollar to Euro:
Generally speaking, if you are buying Euro with Singapore dollar, then it's better for the SGD/EUR 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 the Eurozone — a practical currency and money guide to travel in the Eurozone plus living and doing business with the Euro.
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/EUR 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
The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:
Greece: Greece has a relatively low cost of living compared to other Eurozone countries.
Portugal: Portugal has a lower cost of housing than in other Eurozone countries.
Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.
Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.
Cyprus: Cyprus has a relatively low cost of food and transportation.
It's important to note that these are rough estimations, and the cost of living in these countries may be different for various factors such as location, lifestyle, and personal preferences. It's also worth noting that these countries are not part of the Eurozone, but they are in the EU and their currencies are pegged to the Euro.
There is no definitive answer to what the best country is to set up a company in the Eurozone, as it depends on various factors such as the nature of the business, the target market, and the specific needs and goals of the company. However, some countries in the Eurozone are generally considered to be more favorable for businesses than others.
Some of the countries that are considered to be among the most business-friendly in the Eurozone include:
It is worth noting that each country has its own specific regulations, taxes and legal requirements that might fit some businesses better than others. It is recommended to consult with business experts and legal advisers for a tailored advice for your business.
Read more at our Eurozone (EUR) 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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