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    OFX SGD to SAR Exchange Rates Compared Live

    The OFX SGD to SAR rate is 2.77. This is -3.4% below the mid-rate. Compare OFX currency conversion rates - Reduce FX costs.

    SGD-SAR Loading Rates ...
     
     

    What is the OFX Send Money conversion rate for SGD to SAR?

    The OFX SGD to SAR exchange rate is 2.77. This is -3.4% compared to the latest SGD-SAR mid-market rate 2.8665.

    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 Saudi riyal (SAR) rates from different sources before making a conversion.

    How do OFX SGD-SAR rates compare between providers?

    Looking at our comparison table the best SGD to SAR exchange rate is 2.8493 from Wise, -0.6% from the mid-market rate 2.8665. The next best rate is 2.8378 from WorldRemit, -1% from the mid-rate. Then OFX with 2.77 is -3.4% from the mid-rate.

    Among the banks, the CIMB Bank rate is 2.7155 at -5.3%, the OCBC Bank rate is 2.7891 at -2.7%, and the Maybank rate is 2.7661 at -3.5% compared to the mid-rate 2.8665.

    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 like OFX or platforms that offer rates closer to the mid-market rate.

    What are the OFX rates for other currencies?

    The table below shows OFX Singapore dollar (SGD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :

     
    Currency route Mid market rate OFX Send Money Rate Cost%
    SGD - AED2.80672.7927-0.5%*
    SGD - AUD1.19131.1853-0.5%*
    SGD - BND1.00430.9515-5.3%
    SGD - CAD1.05731.052-0.5%*
    SGD - CHF0.63030.6271-0.51%*
    SGD - CNY5.57455.3704-3.7%
    SGD - CZK16.7016.62-0.48%*
    SGD - DKK5.00614.9811-0.5%*
    SGD - EUR0.67060.6672-0.51%*
    SGD - FJD1.72271.6321-5.3%
    SGD - GBP0.56980.567-0.49%*
    SGD - HKD5.92875.8991-0.5%*
    SGD - HUF270.87269.52-0.5%*
    SGD - IDR12,80811.856-
    SGD - ILS2.76922.7554-0.5%*
    SGD - INR65.1162.7703-3.6%
    SGD - JPY109.02108.47-0.5%*
    SGD - KRW1,095.80.965-
    SGD - KWD0.23410.2329-0.51%*
    SGD - LKR228.92220.7819-3.6%
    SGD - MAD7.05526.8262-3.2%
    SGD - MGA3,383.92.895-
    SGD - MXN15.0014.93-0.47%*
    SGD - MYR3.30573.2892-0.5%*
    SGD - NOK7.91797.8783-0.5%*
    SGD - NZD1.28141.275-0.5%*
    SGD - OMR0.29420.2852-3.1%
    SGD - PEN2.79242.7117-2.9%
    SGD - PGK3.15062.9771-5.5%
    SGD - PHP42.9442.73-0.49%*
    SGD - PKR213.81207.5908-2.9%
    SGD - PLN2.85792.8436-0.5%*
    SGD - SAR2.86652.77-3.4%
    SGD - SBD6.36545.6999-10.5%
    SGD - SCR11.2010.0448-10.3%
    SGD - SEK7.33477.298-0.5%*
    SGD - THB25.5225.39-0.51%*
    SGD - TOP1.83991.6854-8.4%
    SGD - TRY29.3829.23-0.51%*
    SGD - TWD24.6523.5783-4.3%
    SGD - USD0.76420.7604-0.5%*
    SGD - VND19,87118751.6383-
    SGD - VUV90.7285.2241-6.1%
    SGD - WST2.13961.8948-11.4%
    SGD - XOF439.90424.3201-3.5%
    SGD - XPF80.0377.2629-3.5%
    SGD - ZAR14.1814.11-0.49%*
    OFX Send Money Exchange Rates
      

    * BER discount rate that we have negotiated with OFX. To obtain these special rates, click through to OFX from our above exchange rate comparison tool.

     

    Compare Rates

     

    The OFX Singapore dollar to Riyal comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest SGD-SAR mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    OFX at a glance:

    OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.

    OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.

    OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.

    When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.

    Learn more about OFX

    Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.

    Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.

    What Savings Can I Expect with OFX?

    OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.

    When you register via our OFX 0.5% exclusive offer for BER users the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.

    For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.

     
     

    SGD to SAR Market Data

    Singapore dollar (SGD) to Saudi riyal (SAR) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell SGD   →   Buy SAR
    1 SGD =
    2.8665We compare provider deals to this wholesale mid-market rate. Read more
    SAR
    ▲+0.4%
    SGD to SAR at 2.8648 is 2.0% above its 3-month average of 2.8079, having traded in a quite stable 4.5% range from 2.7443 to 2.8667
    |
    Tracker

    Manage Tracker   

      1 SAR = 0.3489 SGD
    DateSGD/SARChangePeriod
    15 Apr 2025
    2.8471
    		0.7% ▲2 Week
    29 Jan 2025
    2.7800
    		3.1% ▲3 Month
    29 Apr 2024
    2.7574
    		3.9% ▲1 Year
    30 Apr 2020
    2.6619
    		7.7% ▲5 Year
    02 May 2015
    2.8233
    		1.5% ▲10 Year
    04 May 2005
    2.2924
    		25% ▲20 Year
    SGD/SAR historic rates & change to 29-Apr-2025
     

    What are equivalent amounts of SGD and SAR?

    Here are some popular conversion amounts for SGD to SAR (Singapore dollar to Saudi riyal)*.

    SGD SAR
    S$ 1 ﷼ 2.8665
    S$ 5 ﷼ 14.33
    S$ 10 ﷼ 28.67
    S$ 20 ﷼ 57.33
    S$ 50 ﷼ 143.33
    S$ 100 ﷼ 286.65
    S$ 250 ﷼ 716.63
    S$ 500 ﷼ 1,433
    S$ 1,000 ﷼ 2,867
    S$ 2,000 ﷼ 5,733
    S$ 5,000 ﷼ 14,333
    S$ 10,000 ﷼ 28,665
    S$ 20,000 ﷼ 57,330
    S$ 50,000 ﷼ 143,325
    S$ 100,000 ﷼ 286,650
    SGD SAR
    S$ 0.3489 ﷼ 1
    S$ 1.7445 ﷼ 5
    S$ 3.4890 ﷼ 10
    S$ 6.9780 ﷼ 20
    S$ 17.45 ﷼ 50
    S$ 34.89 ﷼ 100
    S$ 87.23 ﷼ 250
    S$ 174.45 ﷼ 500
    S$ 348.90 ﷼ 1,000
    S$ 697.80 ﷼ 2,000
    S$ 1,745 ﷼ 5,000
    S$ 3,489 ﷼ 10,000
    S$ 6,978 ﷼ 20,000
    S$ 17,445 ﷼ 50,000
    S$ 34,890 ﷼ 100,000

    More amounts

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

     
     

    Forecasts for SGD to SAR

     

    Recent forecasts and updates regarding the SGD to SAR exchange rate indicate a period of increased volatility heavily influenced by geopolitical tensions and trade policies. Analysts note that the announcement of a 10% tariff on Singapore imports by U.S. President Donald Trump has exerted downward pressure on the Singapore Dollar (SGD). This trade escalation, described as part of a growing trade war, has sparked concerns about the resilience of emerging Asian currencies, including the SGD.

    Read our full review of recent SGD to SAR forecasts.

     
    SAR and flag

    How to get a good SGD to SAR exchange rate

    There are several ways to save on exchange rates when converting Singapore dollar to Saudi riyal:

    1. Shop around for the best SGD/SAR 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.
    2. Timing is important: Keep an eye on the SGD/SAR 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.
    3. 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.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both SGD and SAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. 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 Saudi riyal with Singapore dollar, then it's better for the SGD/SAR 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 Saudi Arabia — a practical currency and money guide to travel in Saudi Arabia plus living and doing business with the Saudi riyal.

    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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    Will the Singapore dollar rise against the Saudi riyal?

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

     
    Track Rate
     

    Manage Tracker   

     

    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

    Saudi ArabiaSaudi Arabia (SAR)SingaporeSingapore (SGD)
       
     
     
     

    Related exchange rates

    SGD/USD
    0.7642
    SGDUSD 90 day chart
    ▲+0.4%
    USD/SAR
    3.7512
    USDSAR 90 day chart
    —
    14d-highs
    SAR/SGD
    0.3489
    SARSGD 90 day chart
    ▼-0.4%
    SGD/AUD
    1.1913
    SGDAUD 90 day chart
    ▼-0.2%
    SGD/MYR
    3.3057
    SGDMYR 90 day chart
    ▲+0.1%
    14d-lows

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    Further reading on Ofx - Guides, Reviews & News from our research team.

    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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