DBS Bank SGD to QAR Exchange Rates - Compare & Save

DBS Money Transfer

DBS Bank is a Singapore-based multinational bank and is particularly popular in Singapore and the wider Southeast Asia region. The bank has a strong presence in countries such as Indonesia, Hong Kong, Taiwan, and China, where it offers a range of banking and financial services to individuals and businesses. DBS Bank has also expanded its presence in India and other parts of South Asia in recent years.

In addition to its core markets in Asia, DBS Bank has a growing presence in other regions, including the Middle East, Europe, and the Americas. The bank has established itself as a leading player in the digital banking space, with a focus on delivering innovative and user-friendly banking services to customers across multiple geographies.

DBS Bank offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. DBS Bank provides fast and secure international money transfer services with competitive exchange rates and low transfer fees. The bank offers two main types of international money transfer services:

DBS Remit: DBS Remit is an online money transfer service that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in 26 currencies and allows for same-day or next-day transfers. DBS Remit also offers preferential exchange rates for selected currencies.
Telegraphic transfers (TT): TT is a traditional method of sending money overseas that involves transferring funds from one bank to another via a secure telegraphic transfer. TT is available in a range of currencies and allows for both incoming and outgoing transfers.

DBS does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.

Our research shows that on average, DBS profit margin for foreign exchange rates is somewhere between 3 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.

When you get a quote for your Global Money Transfer from DBS on their website or in-app, you can also see the DBS exchange rate, but it can be difficult to then calculate how much you are being charged.

While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.

SGD to QAR Market Data

Singapore dollar (SGD) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell SGD → Buy QAR

1 SGD = QAR

▲+0.2%

SGD to QAR at 2.8352 is 2.6% above its 3-month average of 2.7641, having traded in a quite stable 5.4% range from 2.6938 to 2.8387

29-MAY 8PM-NY 30-MAY 1AM-LON 8AM-HK 10AM-SYD

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1 QAR = 0.3538 SGD

Date	SGD/QAR	Change	Period
16 May 2025	2.8005	1% ▲	2 Week
01 Mar 2025	2.6944	5% ▲	3 Month
30 May 2024	2.6974	4.9% ▲	1 Year
31 May 2020	2.5820	9.6% ▲	5 Year
02 Jun 2015	2.6986	4.8% ▲	10 Year
04 Jun 2005	2.1819	29.7% ▲	20 Year

SGD/QAR historic rates & change to 30-May-2025

What are equivalent amounts of SGD and QAR?

Here are some popular conversion amounts for SGD to QAR (Singapore dollar to Qatari rial)*.

SGD	QAR
S$ 1	﷼ 2.8263
S$ 5	﷼ 14.13
S$ 10	﷼ 28.26
S$ 20	﷼ 56.53
S$ 50	﷼ 141.32
S$ 100	﷼ 282.63
S$ 250	﷼ 706.58
S$ 500	﷼ 1,413
S$ 1,000	﷼ 2,826
S$ 2,000	﷼ 5,653
S$ 5,000	﷼ 14,132
S$ 10,000	﷼ 28,263
S$ 20,000	﷼ 56,526
S$ 50,000	﷼ 141,315
S$ 100,000	﷼ 282,630

SGD	QAR
S$ 0.3538	﷼ 1
S$ 1.7690	﷼ 5
S$ 3.5380	﷼ 10
S$ 7.0760	﷼ 20
S$ 17.69	﷼ 50
S$ 35.38	﷼ 100
S$ 88.45	﷼ 250
S$ 176.90	﷼ 500
S$ 353.80	﷼ 1,000
S$ 707.60	﷼ 2,000
S$ 1,769	﷼ 5,000
S$ 3,538	﷼ 10,000
S$ 7,076	﷼ 20,000
S$ 17,690	﷼ 50,000
S$ 35,380	﷼ 100,000

More amounts

*Converted at the current SGDQAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

Forecasts for SGD to QAR

24 MayRecent exchange rate forecasts for the Singapore Dollar (SGD) to Qatari Rial (QAR) have been influenced significantly by geopolitical developments and economic conditions impacting emerging Asian currencies. Analysts are indicating a challenging outlook for the SGD as U.S. President Donald Trump’s announcement of a 10% tariff on Singapore imports introduces new strains on trade relationships and heightens risks within the region's currency markets. The trade policies have contributed to a decline in optimism, compelling regional currencies, including the SGD, to reverse part of their previous gains.

Read our full review of recent SGD to QAR forecasts.

How to get a good SGD to QAR exchange rate

There are several ways to save on exchange rates when converting Singapore dollar to Qatari rial:

Shop around for the best SGD/QAR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the SGD/QAR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both SGD and QAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Qatari rial with Singapore dollar, then it's better for the SGD/QAR 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 Qatar — a practical currency and money guide to travel in Qatar plus living and doing business with the Qatari rial.

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.

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Will the Singapore dollar rise against the Qatari rial?

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/QAR to your personalised Rate Tracker to track and benefit from currency movements.

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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

Currency Country Guides

Qatar (QAR)

Singapore (SGD)

The Qatari riyal (QAR) is fully convertible, and Qatar does not restrict overseas transfers of funds from capital gains, interest, dividends, royalties or management fees.

Read more at our Qatar (QAR) country guide