What is the
WorldRemit Send Money conversion rate for SGD to BDT?
The WorldRemit SGD to BDT exchange rate is 93.98. This is -0.99% compared to the latest SGD-BDT mid-market rate 94.92.
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 Bangladeshi taka (BDT) rates from different sources before making a conversion.
The above
WorldRemit - Singapore dollar to Taka 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 SGD-BDT mid-rate and the possible savings of using various providers.
How do WorldRemit SGD-BDT rates compare between providers?
Looking at the full
SGD to BDT - Send Money comparison table the provider with the best SGD to BDT exchange rate is XE at 94.35, -0.6% from the latest mid-market rate 94.92.
The next best is Wise at 94.35, -0.6% from the mid-rate.
Then WorldRemit at 93.98, which is -0.99% from the mid-rate.
Among the banks the CIMB Bank rate is 89.79 at -5.4% the OCBC Bank rate is 92.36 at -2.7% and the Maybank rate is 91.6 at -3.5% compared to the mid-rate 94.92.
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.