What is the
WorldRemit Send Money conversion rate for AED to SGD?
The WorldRemit AED to SGD exchange rate is 0.3455. This is -1% compared to the latest AED-SGD mid-market rate 0.3490.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
United Arab Emirates dirham (AED) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above
WorldRemit - United Arab Emirates dirham to Singapore dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest AED-SGD mid-rate and the possible savings of using various providers.
How do WorldRemit AED-SGD rates compare between providers?
Looking at the full
AED to SGD - Send Money comparison table the provider with the best AED to SGD exchange rate is XE at 0.3469, -0.6% from the latest mid-market rate 0.3490.
The next best is WorldRemit at 0.3455, -1% from the mid-rate.
Then Wise at 0.3367, which is -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.3259 at -6.6% the HSBC rate is 0.3298 at -5.5% and the Citibank rate is 0.3312 at -5.1% compared to the mid-rate 0.3490.
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 WorldRemit or platforms that offer rates closer to the mid-market rate.