SGD to ZAR Market Data
Singapore dollar (SGD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
90-day market context
Currency Forecasts related to SGD/ZAR
SGD to USD Exchange Rate Forecast & Outlook
Currently, SGD/USD is trading near 14-day lows around 0.7809, below its 3-month average, pressured by risk-off sentiment and safe-haven flows. Over the next few sessions, the pair may remain supported by risk...
USD to ZAR Exchange Rate Forecast & Outlook
Currently, USD/ZAR is trading close to the 90-day average, holding near recent highs within its range. The pair is supported by risk-off sentiment and global caution, which favours safe havens over emerging market currencies.
SGD to EUR Exchange Rate Forecast & Outlook
Currently, SGD/EUR is trading near its 30-day highs around 0.6722, close to its 3-month average. The pair remains within a narrow range and supported by risk-off sentiment.
SGD to ZAR Conversion: What Is Your Money Worth?
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 12.95 from OFX . This is -0.54% compared to the mid-market rate 13.02.
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 12.95, -0.54% from the latest mid-market rate 13.02.
The next best is XE at 12.94, -0.61% from the mid-rate.
Then Wise at 12.92, which is -0.77% from the mid-rate.
Among the banks the CIMB Bank rate is 12.32 at -5.4% the OCBC Bank rate is 12.67 at -2.7% and the Maybank rate is 12.56 at -3.5% compared to the mid-rate 13.02.
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.