GBP/SGD exchange rate sits at 1.7120, 1.1% below the 3-month avg. Analysts note GBP's resilience post-BoE's steady rate decision, while SGD benefits from MAS's stable policy amid strong GDP growth. Monitor trends closely as UK factors and market sentiment play key roles

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What is the best Send Money conversion rate for SGD to GBP?

The best SGD to GBP exchange rate is 0.5817 from Wise. This is -0.41% compared to the mid-market rate 0.5841.

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 British pound (GBP) rates from different sources before making a conversion.

The above Singapore dollar to Sterling 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-GBP mid-rate and the possible savings of using various providers. 

How do SGD-GBP rates compare between providers?

Looking at the full SGD to GBP - Send Money comparison table the provider with the best SGD to GBP exchange rate is Wise at 0.5817, -0.41% from the latest mid-market rate 0.5841.

The next best is OFX at 0.5812, -0.5% from the mid-rate.

Then XE at 0.5806, which is -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 0.5503 at -5.8% the OCBC Bank rate is 0.5683 at -2.7% and the Maybank rate is 0.5637 at -3.5% compared to the mid-rate 0.5841.

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.