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    Best Send Money to United States SGD/USD Rates Compared Live

    The live mid-rate SGD to USD exchange rate is 0.7317. Compare currency conversion rates - Reduce FX costs.

    SGD-USD Best Exchange Rates
     
     
    On Jan 11, the SGD/USD exchange rate fell to 0.7297, a notable 2.2% decline below the recent 3-month average of 0.7458. FX analysts attribute this to uncertainty over US interest rates and upcoming elections. Future movements depend on Singapore's economy and the Fed's strategies. 13-Jan

     
     

    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 0.728 from OFX . This is -0.51% compared to the mid-market rate 0.7317.

    The standard OFX SGD-USD rate is 0.7187, -1.8% 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.

    How do SGD-USD rates compare between providers?

    Looking at our comparison table the best SGD to USD exchange rate is 0.728 from OFX, -0.51% from the mid-market rate 0.7317. The next best rate is 0.7273 from XE, -0.6% from the mid-rate. Wise with 0.7273 is -0.6% from the mid-rate.

    Among the banks, the CIMB Bank rate is 0.7048 at -3.7%, the OCBC Bank rate is 0.7119 at -2.7%, and the Maybank rate is 0.7061 at -3.5% from the mid-rate.

    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.

     

    Compare Rates

     

    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. 

     
     
     

    SGD to USD Market Data

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

     
    Sell SGD   →   Buy USD
    1 SGD =
    0.7317We compare provider deals to this wholesale mid-market rate. Read more
    USD
    —
    90d-lows
    SGD to USD is at 90-day lows near 0.7291, 2.1% below its 3-month average of 0.745, having traded in a quite stable 4.8% range from 0.7291 to 0.7643
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    Tracker

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      1 USD = 1.3667 SGD
    DateSGD/USDChangePeriod
    30 Dec 2024
    0.7356
    		1% ▼2 Week
    15 Oct 2024
    0.7634
    		4.6% ▼3 Month
    14 Jan 2024
    0.7507
    		3% ▼1 Year
    15 Jan 2020
    0.7429
    		2% ▼5 Year
    16 Jan 2015
    0.7534
    		3.4% ▼10 Year
    18 Jan 2005
    0.6114
    		19.1% ▲20 Year
    SGD/USD historic rates & change to 13-Jan-2025
     

    What are equivalent amounts of SGD and USD?

    Here are some popular conversion amounts for SGD to USD (Singapore dollar to US dollar)*.

    SGD USD
    S$ 1 $ 0.7317
    S$ 5 $ 3.6585
    S$ 10 $ 7.3170
    S$ 20 $ 14.63
    S$ 50 $ 36.59
    S$ 100 $ 73.17
    S$ 250 $ 182.93
    S$ 500 $ 365.85
    S$ 1,000 $ 731.70
    S$ 2,000 $ 1,463
    S$ 5,000 $ 3,659
    S$ 10,000 $ 7,317
    S$ 20,000 $ 14,634
    S$ 50,000 $ 36,585
    S$ 100,000 $ 73,170
    SGD USD
    S$ 1.3667 $ 1
    S$ 6.8335 $ 5
    S$ 13.67 $ 10
    S$ 27.33 $ 20
    S$ 68.34 $ 50
    S$ 136.67 $ 100
    S$ 341.68 $ 250
    S$ 683.35 $ 500
    S$ 1,367 $ 1,000
    S$ 2,733 $ 2,000
    S$ 6,834 $ 5,000
    S$ 13,667 $ 10,000
    S$ 27,334 $ 20,000
    S$ 68,335 $ 50,000
    S$ 136,670 $ 100,000

    More amounts

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

     
     

    Forecasts for SGD to USD

     

    The recent depreciation of the Singapore dollar (SGD) against the US dollar (USD) is attributed to growing uncertainty surrounding US interest rates and the upcoming November US elections, which have fostered a risk-averse market environment. After reaching decade-high valuations earlier in the year, the SGD fell to a rate of 0.7297, reflecting a 2.2% drop below its three-month average of 0.7458. Analysts note this reversal followed improved economic outlooks for Singapore; however, the market remains cautious as traders assess the conflicting monetary policy positions between Singapore's Monetary Authority of Singapore (MAS) and the Federal Reserve.

    Read our full review of recent SGD to USD forecasts.

     
    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.

    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.

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    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 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 Rate Tracker to track and benefit from currency movements.

     
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    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

    United StatesUnited States (USD)SingaporeSingapore (SGD)East TimorEast Timor (USD)
    EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
    US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
     

    Guide to Managing Your Money Effectively in the United States

    Living or doing business in the United States offers immense opportunities but requires careful financial planning and management. Here are key strategies to manage your money effectively:

    1. Understanding the Banking System

    • Types of Accounts: Open a checking account for everyday transactions and a savings account for emergency funds or long-term goals.
    • Banking Options: Choose between traditional banks, online banks (which often offer higher interest rates), and credit unions.
    • Fees: Watch out for account maintenance fees, overdraft charges, and ATM usage fees. Opt for fee-free or low-fee accounts when possible.

    2. Managing Taxes

    • Income Tax: Federal income tax ranges from 10% to 37%, depending on your income bracket. Many states also impose state income tax, though some like Florida and Texas do not.
    • Business Taxes: If you're running a business, understand federal corporate tax rates and additional state taxes.
    • Tax Filing: Keep track of tax deadlines (April 15 for personal tax returns). Hiring a tax professional or using software like TurboTax can simplify the process.

    3. Building Credit

    • Credit Score: Your credit score affects your ability to secure loans, rent housing, or even get a job. Pay bills on time, keep credit card balances low, and monitor your credit report regularly.
    • Credit Cards: Use credit cards responsibly to build credit history. Look for cards with rewards or cashback benefits tailored to your spending habits.

    4. Budgeting and Saving

    • Create a Budget: Use tools like Mint, YNAB (You Need a Budget), or Excel to track income and expenses. The 50/30/20 rule is a popular guideline (50% needs, 30% wants, 20% savings).
    • Emergency Fund: Save at least three to six months' worth of expenses in a liquid account to prepare for unexpected events.
    • Retirement Savings: Contribute to retirement accounts like a 401(k) or IRA. Many employers match 401(k) contributions up to a certain percentage.

    5. Investing Wisely

    • Stock Market: Use platforms like Vanguard, Fidelity, or Robinhood to invest in stocks, ETFs, or mutual funds.
    • Real Estate: If you're planning a long-term stay, consider buying property to build equity. Consult with local real estate experts to navigate the market.
    • Diversification: Spread your investments across different asset classes to mitigate risk.

    6. Reducing Debt

    • Prioritize High-Interest Debt: Pay off credit cards and other high-interest loans first to save on interest payments.
    • Student Loans: Consider refinancing or consolidating student loans to reduce interest rates.
    • Debt Repayment Strategies: Use the snowball method (paying off smallest debts first) or the avalanche method (focusing on highest-interest debts).

    7. Managing Business Finances

    • Business Accounts: Keep personal and business finances separate by opening dedicated business bank accounts.
    • Accounting Tools: Use software like QuickBooks or FreshBooks to track income, expenses, and invoices.
    • Business Credit: Establish a business credit profile by opening a business credit card and paying bills promptly.

    8. Staying Insured

    • Health Insurance: Healthcare is expensive in the U.S., so ensure you have adequate coverage. Check employer-sponsored plans or shop on the Health Insurance Marketplace.
    • Business Insurance: Protect your business with liability, property, or workers' compensation insurance.
    • Life and Disability Insurance: Consider policies to safeguard your income and family in case of unforeseen circumstances.

    9. Avoiding Common Pitfalls

    • Currency Exchange Fees: If you're moving money internationally, use services like Wise or Revolut for lower fees compared to banks.
    • Hidden Fees: Read the fine print on contracts and agreements to avoid unexpected charges.
    • Overspending: Stick to your budget and avoid lifestyle inflation, even as your income grows.

    10. Seeking Professional Advice

    • Financial Advisors: Consult a certified financial planner (CFP) for personalized advice on savings, investments, and taxes.
    • Tax Professionals: Use a CPA or tax preparer familiar with U.S. laws to maximize deductions and ensure compliance.
    • Legal Support: If starting a business, consult a lawyer for guidance on regulations and contracts.

    Effective money management in the United States requires planning, discipline, and leveraging available resources. By following these strategies, you can ensure financial stability and success, whether you're living, working, or conducting business in the U.S.

    Read more at our United States (USD) country guide

       
     
     
     

    More exchange rates

    USD/SGD
    1.3667
    —
    90d-highs
    USDSGD 90 day chart
    SGD/AUD
    1.1802
    ▼-0.1%
    90d-highs
    SGDAUD 90 day chart
    SGD/MYR
    3.3000
    —
    SGDMYR 90 day chart
    SGD/INR
    63.40
    —
    14d-highs
    SGDINR 90 day chart
    SGD/THB
    25.35
    ▲+0.2%
    SGDTHB 90 day chart

    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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