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    SGD to USD Exchange Rates

    Compare & Save - Singapore dollar to US dollar exchange rates. Latest Singapore dollar→dollar analysis and review of forecasts.

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    Compare & Save - Singapore dollar to US dollar

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to US dollar (USD) rates from different sources before making a conversion.

    The above Rate Calculator and Comparison Table makes it easy to compare the Total Cost you are being charged on Singapore dollar to dollar currency rates and the possible savings of using various providers.

    In this Singapore dollar to dollar (SGD/USD) rate guide:

    @bestfxrates : 29 Sep: SGD to USD exchange rate holds steady at 0.7320, down just 1.2% from the 3-month average. FX analysts expect this stability to continue short term due to MAS's effective management. Yet, economists anticipate potential SGD appreciation as USD strength may weaken with the end of the Fed's interest rate hikes in 2023. Stay tuned for updates. #CurrencyMarketUpdate #SGDUSD

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    SGD to USD Market Data

    Singapore dollar (SGD) to US dollar (USD) market data - latest interbank mid-rate, trend, chart & historic rates.

    1 SGD =
    0.7320We compare provider deals to this wholesale mid-market rate. Read more
    SGD to USD at 0.7320 is 1.2% below its 3-month average of 0.7409, having traded in a very stable 3.9% range from 0.7286 to 0.7571
    Sell SGD   →   Buy USD
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    15 Sep 2023
    0.2% 2 Week
    01 Jul 2023
    1% 3 Month
    29 Sep 2022
    4.8% 1 Year
    30 Sep 2018
    0.1% 5 Year
    01 Oct 2013
    8.3% 10 Year
    04 Oct 2003
    26.3% 20 Year
    SGD/USD historic rates & change to 29-Sep-2023

    Forecasts for SGD to USD

    SGDUSD chart

    According to recent forecasts from currency market analysts, the Singapore dollar (SGD) to US dollar (USD) exchange rate is expected to remain relatively stable in the near term. The SGD, which is managed by the Monetary Authority of Singapore (MAS) against a basket of currencies, has been trading within a tight range against the USD. The current SGD to USD exchange rate stands at 0.7320, which is 1.2% below its 3-month average of 0.741.

    Read our full SGD to USD forecasts analysis

    USD to SGD flags

    How to get a good SGD to USD exchange rate

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

    1. Shop around for the best SGD/USD 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/USD 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 USD 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 US dollar with Singapore dollar, then it's better for the SGD/USD 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.

    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.

    Will the Singapore dollar rise against the US dollar?

    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/USD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to the United States - a practical currency and money guide to travel, living and doing business in the United States with the US dollar.


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    Setting up a business in the US as a foreigner

    Setting up a business in the US as a foreigner is generally the same process as setting up a business as a US citizen. However, there may be additional legal requirements and regulations that apply to foreign nationals. It is advisable to consult with a lawyer who specializes in immigration and business law to ensure compliance with all relevant laws and regulations. Additionally, obtaining a valid work visa may be necessary in order to work in the US as a foreigner. It's important to research the specific requirements for the type of business you plan to start and the state where you plan to set it up.

    Read more at our United States (USD) country guide


    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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