The live mid-rate SGD to USD exchange rate is 0.7441. Compare currency conversion rates - Reduce FX costs.
The best SGD to USD exchange rate is our partner deal rate of 0.7404 from OFX . This is -0.5% compared to the mid-market rate 0.7441.
The standard OFX SGD-USD rate is 0.732, -1.6% 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 Singapore dollar to Dollar comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
Singapore dollar (SGD) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | SGD/USD | Change | Period |
|---|---|---|---|
20 Nov 2024 | 0.7448 | 0.3% ▼ | 2 Week |
05 Sep 2024 | 0.7694 | 3.5% ▼ | 3 Month |
05 Dec 2023 | 0.7457 | 0.4% ▼ | 1 Year |
06 Dec 2019 | 0.7352 | 1% ▲ | 5 Year |
07 Dec 2014 | 0.7575 | 2% ▼ | 10 Year |
09 Dec 2004 | 0.6061 | 22.5% ▲ | 20 Year |
Here are some popular conversion amounts for SGD to USD (Singapore dollar to US dollar)*.
*Converted at the current SGDUSD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent depreciation of the Singapore dollar (SGD) against the US dollar (USD) has raised concerns amid a backdrop of fluctuating market sentiments and policy uncertainties. FX analysts note that after reaching decade highs earlier this year, the SGD has experienced a reversal, driven primarily by market risk aversion amid speculation surrounding future US interest rates and the upcoming November elections. The Monetary Authority of Singapore's relatively hawkish policy outlook contrasted with that of the Federal Reserve is expected to influence the future direction of the SGD. Economists are observing the impact of Singapore’s upgraded growth forecast, which anticipates a healthy economic expansion of around 3.5% in 2024, providing potential support for the SGD.
Read our full review of recent SGD to USD forecasts.
There are several ways to save on exchange rates when converting Singapore dollar to US dollar:
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.
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.
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.
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 Rate Tracker to track and benefit from currency movements.
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
| United States (USD) | Singapore (SGD) |  East Timor (USD) |
 Ecuador (USD) |  El Salvador (USD) |  British Virgin Islands (USD) |
 US Virgin Islands (USD) |  Caribbean Netherlands (USD) |  Turks and Caicos Islands (USD) |
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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