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    Best USD to SGD Exchange Rates

    The best USD to SGD rate is 1.3338, and is the current mid-market exchange rate. We help you compare US dollar to Singapore dollar rates and costs to this live market rate.

    In this Dollar to Singapore dollar (USD/SGD) rate guide:

    Compare exchange rates - USD to SGD

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Singapore dollar (SGD) rates from different sources before making a conversion.

    The below Rate Comparison Table makes it easy to compare the Total Cost you are being charged on Dollar to Singapore dollar currency rates and the possible savings of using various providers.


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    @bestfxrates : USD to SGD holds at 1.3378, below 3-mo avg. Despite USD's resilience amid global concerns, "FX analysts" foresee a softening with Fed's rate cuts into 2024. MAS's steady policy keeps SGD stable. Watch for central bank shifts as "market view" anticipates changes. #USDSGD #ForexUpdate

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    USD to SGD Market Data

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

    1 USD =
    1.3338We compare provider deals to this wholesale mid-market rate. Read more
    USD to SGD at 1.3336 is 1.8% below its 3-month average of 1.3585, having traded in a very stable 3.2% range from 1.3314 to 1.3734
    Sell USD   →   Buy SGD
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    90-DAY LOW1d
    16 Nov 2023
    0.7% 2 Week
    01 Sep 2023
    1.1% 3 Month
    30 Nov 2022
    1.6% 1 Year
    01 Dec 2018
    2.5% 5 Year
    02 Dec 2013
    6.5% 10 Year
    05 Dec 2003
    22% 20 Year
    USD/SGD historic rates & change to 30-Nov-2023

    Forecasts for USD to SGD

    USDSGD chart
    90-DAY LOW1d

    The USD to SGD exchange rate has been the subject of various forecasts by industry experts and currency analysts. According to a Reuters Poll of Forex Strategists, the U.S. dollar's strength, bolstered by the solid economic performance in the U.S. and high Treasury yields, is likely to continue posing challenges for most major currencies through the end of the year. Despite some fluctuations, the dollar's resilience seems unwavering amidst global growth concerns and issues such as China's economic uncertainty. However, looking ahead into the next year, analysts suggest a possible softening for the dollar, particularly as the Federal Reserve moves towards an anticipated interest rate cut. This could lead to a modest weakening of the USD against major currencies into 2024, against a backdrop of economic headwinds and geopolitical turbulence.

    Read our full USD to SGD forecasts analysis

    USD to SGD flags

    How to get a good USD to SGD exchange rate

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

    1. Shop around for the best USD/SGD 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 USD/SGD 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 USD and SGD 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 Singapore dollar with US dollar, then it's better for the USD/SGD 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.

    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.

    Will the US dollar rise against the Singapore 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 USD/SGD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Singapore - a practical currency and money guide to travel, living and doing business in Singapore with the Singapore dollar.


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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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