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 - SGD Rate Margin Analysis
The average SGD rate margin offered by Wise is 0.77%.
This average is based on individual SGD 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 Singapore dollar (SGD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
SGD/IDR Outlook: The outlook is slightly positive, but likely to move sideways as the rate is above its recent average and lacking a strong driver for further gains.
SGD/USD Outlook: The outlook is slightly positive, but likely to move sideways, as the rate is above its recent average yet lacks a clear driver for further growth.
USD/IDR Outlook: The outlook for USD/IDR is slightly positive, but likely to move sideways, as the rate is just above its recent average but lacks a clear driver.
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Indonesian rupiah across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
Wise Send Money conversion rate for SGD to IDR?
The Wise SGD to IDR exchange rate is 13103.34. This is -0.72% compared to the latest SGD-IDR mid-market rate 13,199.
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 Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
Wise - Singapore dollar to Rupiah 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 SGD-IDR mid-rate and the possible savings of using various providers.
How do Wise SGD-IDR rates compare between providers?
Looking at the full
SGD to IDR - Send Money comparison table the provider with the best SGD to IDR exchange rate is XE at 13119.97, -0.6% from the latest mid-market rate 13,199.
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.