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Understanding the Table:
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’.
Sending money to Qatar 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 Qatar bank accounts or pay a Qatari rial invoice.
Singapore dollar (SGD) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The current exchange rate for SGD/QAR is bullish-to-range-bound as it is above the 90-day average and in the upper half of its 3-month range.
Bias: The SGD/USD is bullish-to-range-bound, as it sits slightly above the 90-day average and within the upper half of its 3-month range.
Bias: The USD/QAR exchange rate is range-bound, as it is near the 90-day average while trading in the middle of the 3-month range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Qatari rial across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
*Converted at the current SGD-QAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best SGD to QAR exchange rate is 2.8268 from XE. This is -0.6% compared to the mid-market rate 2.8439.
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 Qatari rial (QAR) rates from different sources before making a conversion.
The above Singapore dollar to Rial 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-QAR mid-rate and the possible savings of using various providers.
Looking at the full SGD to QAR - Send Money comparison table the provider with the best SGD to QAR exchange rate is XE at 2.8268, -0.6% from the latest mid-market rate 2.8439.
The next best is Wise at 2.8268, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 2.7557 at -3.1% the OCBC Bank rate is 2.7671 at -2.7% and the Maybank rate is 2.7444 at -3.5% compared to the mid-rate 2.8439.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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