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 0.7726 from OFX . This is -0.5% compared to the mid-market rate 0.7765.
The standard OFX SGD-USD rate is 0.7586, -2.3% 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
Fifth Third Bank - Singapore dollar to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Fifth Third Bank and other foreign exchange providers against the latest SGD-USD mid-rate and the possible savings of using various providers.
How do Fifth Third Bank SGD-USD rates compare between providers?
Looking at the
full comparison table
the best SGD to USD exchange rate is 0.7726 from OFX, -0.5% from the mid-market rate 0.7765. The next best rate is 0.7718 from XE, -0.61% from the mid-rate. Then Wise with 0.7718 is -0.61% from the mid-rate.
Among the banks the CIMB Bank rate is 0.7438 at -4.2% the OCBC Bank rate is 0.7555 at -2.7% and the Maybank rate is 0.7493 at -3.5% compared to the mid-rate 0.7765.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Fifth Third Bank 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.
Compare SGD to USD Transfer Rates