Sending a larger amount? Request a Free   Multi-Vendor Quote

Best Exchange Rates | Compare Foreign Exchange Rates from Banks & Currency Providers

Quick Calc uses the Inter-Bank Rate :  SGD 1.00 =   Invert    Transfer Rates      Cash Rates

Welcome to BestExchangeRates
Singapore
 

SGD 1.00 = USD
Here at BER we are dedicated to helping you find the best possible currency exchange rates for Wire Transfers plus market research and information on both banks and non-bank currency providers. Select
SGD Mid-Rates & Charts (30 days & 3 years) :

Daily Currency Market Commentary
Daily currency news provided by OzForex

Whilst there has been a hint of risk aversion amid a failed Russian bond auction overnight the Greenback still remains subdued when valued against a basket of its major counterparts dragged slightly lower off the back of figures which showed the sale of new homes unexpectedly plunged in March, to the lowest level in eight months. In other happenings overnight European Flash PMI was positive at 53.1 versus the expected 52.7 whilst other PMI readings confirmed Germany as the flag bearer when compared to the disappointing numbers from France. With ECB President Mario Draghi set to speak this evening in Amsterdam investors will be doing their best to decipher comments related to the Central Banks next monetary policy move. Upon open this morning the Euro is stronger at 1.3815 whilst the Greenback is steady against the Yen at 102.489.
Data releases
No data today
NZD: Official Cash Rate, RBNZ Rate Statement
CSPI y/y
GBP: CBI Realised Sales
View more currency reports

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

BestExchangeRates in the PressSMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when sending money and buying cash.” SMH.com.au ⇒ read article

The information contained herein is based on data obtained from sources believed to be reliable. However, we have not verified such information, and we do not make any representations as to its accuracy or completeness. Neither the information, nor any opinion expressed, shall be construed to be, or constitute a recommendation or an offer to buy or sell, or a solicitation of an offer to buy or sell, any currencies/securities mentioned herein. While all care is taken with any recommended 3rd party businesses on this site, no responsibility is entered into for any transactions conducted or advice received by the user from those companies. Any trademarks or logos used throughout this website are the property of their respective owners. Rates sourced from vendor websites or indicative based on vendor typical margins from market mid-rate. The final offer rate may differ however the vendor margin should be approximately correct. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website. Through this website you are able to link to other websites which are not under the control of BestExchangeRates. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. The 'Best Vendor Rate' shown is the best from amongst the banks and fx currency converters that we currently review but may no longer be so.     TOS | Full disclaimer | Privacy Statement