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Understanding the Table:
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’.
The average GBP rate margin offered by Wise is 0.87%.
This average is based on individual GBP 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for British pound (GBP 10K) transactions. Margins show the percentage difference from the mid-market rate.
British pound (GBP) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The outlook is range-bound as GBP/SGD is near its 90-day average and within the middle of its 3-month range.
Bias: range-bound, as the current GBP/USD is near the 90-day average and sits in the middle of the 3-month range.
Bias: The USD/SGD is currently near the 90-day average and positioned in the middle of its 3-month range, suggesting a range-bound outlook.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Wise GBP to SGD exchange rate is 1.7174. This is -0.35% compared to the latest GBP-SGD mid-market rate 1.7235.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above Wise - Sterling 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 GBP-SGD mid-rate and the possible savings of using various providers.
Looking at the full GBP to SGD - Send Money comparison table the provider with the best GBP to SGD exchange rate is Wise at 1.7174, -0.35% from the latest mid-market rate 1.7235.
The next best is OFX at 1.7149, -0.5% from the mid-rate.
Then XE at 1.7131, which is -0.6% from the mid-rate.
The Western Union rate is 1.7062 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.6366 at -5% the Royal Bank of Scotland rate is 1.6469 at -4.4% and the Barclays Bank rate is 1.6624 at -3.5% compared to the mid-rate 1.7235.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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