What is the
WorldRemit Send Money conversion rate for SGD to MXN?
The WorldRemit SGD to MXN exchange rate is 14.16. This is -0.98% compared to the latest SGD-MXN mid-market rate 14.30.
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 Mexican peso (MXN) rates from different sources before making a conversion.
The above
WorldRemit - Singapore dollar to Peso 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-MXN mid-rate and the possible savings of using various providers.
How do WorldRemit SGD-MXN rates compare between providers?
Looking at the full
SGD to MXN - Send Money comparison table the provider with the best SGD to MXN exchange rate is OFX at 14.23, -0.49% from the latest mid-market rate 14.30.
The next best is Wise at 14.23, -0.49% from the mid-rate.
Then XE at 14.22, which is -0.56% from the mid-rate.
Among the banks the CIMB Bank rate is 13.66 at -4.5% the OCBC Bank rate is 13.92 at -2.7% and the Maybank rate is 13.8 at -3.5% compared to the mid-rate 14.30.
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.