Understanding the Table:
The comparison table above helps you see the total cost of your St George Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The best SGD to SAR exchange rate is 2.9003 from Wise. This is -0.6% compared to the mid-market rate 2.9178.
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 Saudi riyal (SAR) rates from different sources before making a conversion.
The above St George Bank - Singapore dollar to Riyal comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by St George Bank and other foreign exchange providers against the latest SGD-SAR mid-rate and the possible savings of using various providers.
Looking at the full SGD to SAR - Send Money comparison table the provider with the best SGD to SAR exchange rate is Wise at 2.9003, -0.6% from the latest mid-market rate 2.9178.
The next best is WorldRemit at 2.8886, -1% from the mid-rate.
Then OFX at 2.8112, which is -3.7% from the mid-rate.
Among the banks the CIMB Bank rate is 2.7558 at -5.6% the OCBC Bank rate is 2.839 at -2.7% and the Maybank rate is 2.8157 at -3.5% compared to the mid-rate 2.9178.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like St George 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.
View a full list of exchange rates by selecting your Base (from) currency:
