Rate direction
Singapore dollar to South African rand · SGD/ZAR trend
Review the recent market direction, current mid-market rate and significant movement alerts.
Current mid-market rate
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SGD/ZAR exchange rate
90-day market context
SGD to ZAR is at 14-day lows near 12.63, 1.3% below its 3-month average of 12.79, having traded in a quite stable 5.1% range from 12.54 to 13.18
SGD to ZAR Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in South African rand across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
*Converted at the current SGD-ZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for SGD to ZAR?
The best SGD to ZAR exchange rate is 12.57 from OFX . This is -0.48% compared to the mid-market rate 12.63.
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 South African rand (ZAR) rates from different sources before making a conversion.
The above Singapore dollar to Rand comparison table 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-ZAR mid-rate and the possible savings of using various providers.
How do SGD-ZAR rates compare between providers?
Looking at the full SGD to ZAR - Send Money comparison table the provider with the best SGD to ZAR exchange rate is OFX at 12.57, -0.48% from the latest mid-market rate 12.63.
The next best is XE at 12.56, -0.55% from the mid-rate.
Then Wise at 12.53, which is -0.79% 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.
