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Foreign Transfers

Save on International Money Transfers

Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.

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Follow exchange rates via your personal BER FX Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.

 

Latest Singapore dollar Exchange Rates

 
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Read our Guides , Reviews , Singapore dollar News and Forecasts

News 2025-12-08

Currency Market Update - Week ending 2025-12-13

Weekly currency market update—practical actions for SMBs, expats and travellers across AUD, CAD, GBP, NZD, SGD, USD, EUR and JPY

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News 2025-11-24

Biggest Currency Movers – November 2025

November is an USD-up month: yen fell hardest, with NZD and GBP also weaker. We recap the drivers—Fed signals, BoE’s knife-edge hold, and BoJ hike chatter—and the takeaways for senders, SMEs and travellers.

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Guides

How to Choose the Best Money Transfer Provider

A comprehensive guide to choosing the best money transfer provider, covering key factors like fees, speed, exchange rates, and customer support, with comparisons of top providers.

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Guides

Compare the Best Multi-Currency Accounts for Travel, Business & Transfers

We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.

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Guides

How Currency Fluctuations Impact Your Profit Margins (and How to Protect Them)

Currency shifts can quietly shrink your margins if you’re doing business internationally. Learn how to manage FX exposure, protect your profits, and use smart tools to stay ahead.

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Guides

OFX vs Wise: Which Money Transfer Service Is Best For You in 2025

Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2025.

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Reviews

Wise Review: Is It the Best Way to Transfer Money Internationally?

The Wise Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.

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Reviews

OFX Money Transfer Review: Fees, Rates & Features Explained (2025)

OFX is a reputable international money transfer service that caters to both individuals and businesses, offering a range of features designed to facilitate global transactions.

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Guides

Understanding the US Dollar: A Guide to America's Currency for Travelers and Investors

The United States dollar is the official currency of the United States of America but also is the world’s dominant reserve currency, and it accounts for roughly 62% of global foreign exchange reserves, double that of the Euro and Yen. In fact, the US Dollar has been the world’s reserve currency for over 100 years.

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BER Rate Tracker

Track your preferred exchange rates and receive free daily alerts when the market moves. The BER Rate Tracker helps you time your international transfers for the best value. Get daily exchange rate alerts with the BER Rate Tracker. Monitor FX trends, set personalized currency pairs, and decide the best time to send money abroad—all for free.

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Currency Exchange & Travel Money: Compare Rates Worldwide

Compare global currency exchange rates for travel money & online purchases. Get the best rates, low fees & top multi-currency cards. Save money worldwide.

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Singapore dollar market update

 

The Singapore Dollar (SGD) has shown mixed performance recently, largely influenced by monetary policy adjustments and economic indicators. The Monetary Authority of Singapore (MAS) reduced the slope of its exchange rate policy band in January 2025, allowing for a slower appreciation of the SGD to bolster economic growth amid lower core inflation projections. As of October 2025, MAS maintained its policy stance, citing better-than-expected economic growth, with the economy expanding by 2.9% year-on-year in the third quarter, surpassing forecasts of 1.9%.

The SGD has encountered some downward pressure from rising U.S. trade tensions, particularly concerning tariffs on crucial exports such as pharmaceuticals and semiconductors. Analysts have suggested that this environment could lead to further easing of monetary policy by the MAS to cushion the economy against such external risks. Furthermore, inflation remains stable, projected to average between 0.5% and 1.5% for 2025, which has permitted a cautious approach from the MAS.

BestExchangeRates.com keeps you up-to-date on Singapore dollar forecasts by collating the views of reliable FX forecasters and economists together with recent SGD price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.