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    DBS Bank SGD to VND Exchange Rates Compared Live

    The DBS Bank SGD to VND rate is 18867.92. This is - below the mid-rate. Compare DBS Bank currency conversion rates - Reduce FX costs.

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    What is the DBS Bank Send Money conversion rate for SGD to VND?

    The DBS Bank SGD to VND exchange rate is 18867.92. This is - compared to the latest SGD-VND mid-market rate 19,611.

    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 Vietnamese dong (VND) rates from different sources before making a conversion.

    How do DBS Bank SGD-VND rates compare between providers?

    Looking at our comparison table the best SGD to VND exchange rate is 19493.43 from Wise. The next best rate is 19414.98 from WorldRemit. Then OFX with 18510.1939.

    It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like DBS 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.

    What are the DBS Bank rates for other currencies?

    The table below shows DBS Bank Singapore dollar (SGD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :

     
    Currency route Mid market rate DBS Bank Send Money Rate Cost%
    SGD - AED2.78962.7473-1.5%
    SGD - AUD1.19481.1802-1.2%
    SGD - BDT92.2890.94-1.5%
    SGD - BHD0.28630.2798-2.3%
    SGD - CAD1.05351.0406-1.2%
    SGD - CHF0.61950.6125-1.1%
    SGD - CNHN/A5.4915-
    SGD - CNY5.55625.5006-1%
    SGD - DKK5.00204.9237-1.6%
    SGD - EUR0.67010.6637-0.96%
    SGD - GBP0.57390.5686-0.92%
    SGD - HKD5.89195.8241-1.2%
    SGD - HUF274.40269.03-2%
    SGD - IDR12,77312500.00-
    SGD - INR65.1364.40-1.1%
    SGD - JPY108.56107.31-1.2%
    SGD - KRW1,084.11070.66-
    SGD - KWD0.23300.2263-2.9%
    SGD - LKR226.41221.93-2%
    SGD - MMK1,593.43333.33-
    SGD - MUR34.2533.30-2.8%
    SGD - MXN15.2414.97-1.8%
    SGD - MYR3.35123.3080-1.3%
    SGD - NOK8.03267.8989-1.7%
    SGD - NZD1.28301.2663-1.3%
    SGD - OMR0.29240.2904-0.68%
    SGD - PHP43.0442.58-1.1%
    SGD - PLN2.87192.8058-2.3%
    SGD - QAR2.76852.6969-2.6%
    SGD - SAR2.84982.8129-1.3%
    SGD - SEK7.41667.2886-1.7%
    SGD - THB25.4725.03-1.7%
    SGD - TND2.28102.2467-1.5%
    SGD - TWD24.6424.35-1.2%
    SGD - USD0.75950.7532-0.83%
    SGD - VND19,61118867.92-
    SGD - ZAR14.3514.10-1.7%
    DBS Bank Send Money Exchange Rates
        

    Compare Rates

     

    The DBS Bank Singapore dollar to Dong comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by DBS Bank and other foreign exchange providers against the latest SGD-VND mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    DBS Money Transfer

    DBS Bank is a Singapore-based multinational bank and is particularly popular in Singapore and the wider Southeast Asia region. The bank has a strong presence in countries such as Indonesia, Hong Kong, Taiwan, and China, where it offers a range of banking and financial services to individuals and businesses. DBS Bank has also expanded its presence in India and other parts of South Asia in recent years.

    In addition to its core markets in Asia, DBS Bank has a growing presence in other regions, including the Middle East, Europe, and the Americas. The bank has established itself as a leading player in the digital banking space, with a focus on delivering innovative and user-friendly banking services to customers across multiple geographies.

    DBS Bank offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. DBS Bank provides fast and secure international money transfer services with competitive exchange rates and low transfer fees. The bank offers two main types of international money transfer services:

    1. DBS Remit: DBS Remit is an online money transfer service that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in 26 currencies and allows for same-day or next-day transfers. DBS Remit also offers preferential exchange rates for selected currencies.

    2. Telegraphic transfers (TT): TT is a traditional method of sending money overseas that involves transferring funds from one bank to another via a secure telegraphic transfer. TT is available in a range of currencies and allows for both incoming and outgoing transfers.

    DBS does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.

    Our research shows that on average, DBS profit margin for foreign exchange rates is somewhere between 3 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.

    When you get a quote for your Global Money Transfer from DBS on their website or in-app, you can also see the DBS exchange rate, but it can be difficult to then calculate how much you are being charged.

    While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.

     
     

    SGD to VND Market Data

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

     
    Sell SGD   →   Buy VND
    1 SGD =
    19,611We compare provider deals to this wholesale mid-market rate. Read more
    VND
    +0.1% since yesterday
    90d-highs
    SGD to VND is at 90-day highs near 19547, 3.1% above its 3-month average of 18956, having traded in a relatively stable 6.5% range from 18351 to 19547
    |
    Tracker

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    DateSGD/VNDChangePeriod
    07 Jul 2023
    17519.12
    1.5% 2 Week
    22 Apr 2023
    17598.87
    1% 3 Month
    21 Jul 2022
    16847.13
    5.5% 1 Year
    22 Jul 2018
    16888.71
    5.3% 5 Year
    23 Jul 2013
    16782.33
    5.9% 10 Year
    26 Jul 2003
    8841.26
    101.1% 20 Year
    SGD/VND historic rates & change to 21-Jul-2023
     

    What are equivalent amounts of SGD and VND?

    Here are some popular conversion amounts for SGD to VND (Singapore dollar to Vietnamese dong)*.

    SGD VND
    S$ 1 19.00
    S$ 5 95.00
    S$ 10 190.00
    S$ 20 380.00
    S$ 50 950.00
    S$ 100 1,900
    S$ 250 4,750
    S$ 500 9,500
    S$ 1,000 19,000
    S$ 2,000 38,000
    S$ 5,000 95,000
    S$ 10,000 190,000
    S$ 20,000 380,000
    S$ 50,000 950,000
    S$ 100,000 1,900,000
    SGD VND
    S$ 0.0001 ₫ 1
    S$ 0.0003 ₫ 5
    S$ 0.0005 ₫ 10
    S$ 0.0010 ₫ 20
    S$ 0.0026 ₫ 50
    S$ 0.0051 ₫ 100
    S$ 0.0128 ₫ 250
    S$ 0.0255 ₫ 500
    S$ 0.0510 ₫ 1,000
    S$ 0.1020 ₫ 2,000
    S$ 0.2550 ₫ 5,000
    S$ 0.5100 ₫ 10,000
    S$ 1.0200 ₫ 20,000
    S$ 2.5500 ₫ 50,000
    S$ 5.1000 ₫ 100,000

    More amounts

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

     
     

    Forecasts for SGD to VND

     

    Recent forecasts indicate a challenging outlook for the Singapore Dollar (SGD) against the Vietnamese Dong (VND) due to escalating trade tensions and tariff announcements by the U.S. government. Analysts note that U.S. President Donald Trump's imposition of a 10% tariff on Singapore imports, part of a broader trade confrontation, has contributed to increased uncertainty in emerging Asian markets. This has resulted in a decline in regional currencies, including the Thai Baht and South Korean Won, which have both experienced significant depreciation of around 2% in recent trading sessions.

    Read our full review of recent SGD to VND forecasts.

     
    VND and flag

    How to get a good SGD to VND exchange rate

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

    1. Shop around for the best SGD/VND 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/VND 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 VND 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 Vietnamese dong with Singapore dollar, then it's better for the SGD/VND 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 Vietnam — a practical currency and money guide to travel in Vietnam plus living and doing business with the Vietnamese dong.

    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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    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 Vietnamese dong?

    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/VND 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

     
     

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    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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