SGD to USD Transfers Compared

   

USD/SGD is trending in a volatile range of 1.27–1.28, reflecting broader market sentiments as the USD faces pressure from increased jobless claims, diminishing its safe-haven appeal. Experts note that SGD holds strong but may be capped without major Fed signals. Key data ahead, including CPI, could influence further moves

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

The best SGD to USD exchange rate is our partner deal rate of 0.774 from OFX . This is -0.5% compared to the mid-market rate 0.7779.

The standard OFX SGD-USD rate is 0.7611, -2.2% from the mid-rate. Visit OFX here to secure the better rate.

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 US dollar (USD) rates from different sources before making a conversion.

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

How do SGD-USD rates compare between providers?

Looking at the full SGD to USD - Send Money comparison table the provider with the best SGD to USD exchange rate is OFX at 0.774, -0.5% from the latest mid-market rate 0.7779.

The next best is XE at 0.7732, -0.6% from the mid-rate.

Then Wise at 0.7732, which is -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 0.7463 at -4.1% the OCBC Bank rate is 0.7569 at -2.7% and the Maybank rate is 0.7507 at -3.5% compared to the mid-rate 0.7779.

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.