What is the
WorldRemit Send Money conversion rate for SGD to ISK?
The WorldRemit SGD to ISK exchange rate is 96.3. This is -1% compared to the latest SGD-ISK mid-market rate 97.27.
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 Icelandic krona (ISK) rates from different sources before making a conversion.
The above
WorldRemit - Singapore dollar to Krona 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-ISK mid-rate and the possible savings of using various providers.
How do WorldRemit SGD-ISK rates compare between providers?
Looking at the full
SGD to ISK - Send Money comparison table the provider with the best SGD to ISK exchange rate is Wise at 96.69, -0.6% from the latest mid-market rate 97.27.
The next best is WorldRemit at 96.3, -1% from the mid-rate.
Among the banks the CIMB Bank rate is 92.02 at -5.4% the OCBC Bank rate is 94.64 at -2.7% and the Maybank rate is 93.86 at -3.5% compared to the mid-rate 97.27.
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.