The comparison table above helps you see the total cost of your Wise 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’.
Wise - USD Rate Margin Analysis
The average USD rate margin offered by Wise is 0.60%.
This average is based on individual USD 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for US dollar (USD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias
USD/SGD sits in the lower half of the 3-month range and below the 90-day avg. Bearish-to-range-bound bias, with moves likely tied to Fed timing and MAS policy.
Key drivers
- Rate gap: Fed policy is expected to move toward a neutral stance with rate cuts in 2026, while MAS has kept an accommodative stance.
- Macro factor: MAS kept its policy stance amid tariff risks, and Singapore's growth is seen near trend, offering SGD support.
Range
USD/SGD is likely to drift within the 3-month range, with a tendency toward the lower end.
What could change it
- Upside risk: stronger US data or signals that the Fed will delay cuts could push USD/SGD higher.
- Downside risk: MAS signaling a clearer path for Singapore easing or stronger Singapore data could push USD/SGD lower
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USD to SGD 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 US dollar are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
Wise Send Money conversion rate for USD to SGD?
The Wise USD to SGD exchange rate is 1.2738. This is -1.1% compared to the latest USD-SGD mid-market rate 1.2875.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above
Wise - Dollar to Singapore dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest USD-SGD mid-rate and the possible savings of using various providers.
How do Wise USD-SGD rates compare between providers?
Looking at the full
USD to SGD - Send Money comparison table the provider with the best USD to SGD exchange rate is OFX at 1.2811, -0.5% from the latest mid-market rate 1.2875.
The next best is XE at 1.2798, -0.6% 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
like Wise or platforms that offer rates closer to the mid-market rate.