Singapore Dollar to Au Dollar: What You Need to Know and More

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The Singapore Dollar to Au Dollar exchange rate is a crucial aspect to consider for anyone planning a trip or business venture between Singapore and Australia. The exchange rate can fluctuate frequently, so it's essential to stay informed.

The exchange rate is influenced by various economic factors, including interest rates, inflation, and trade balances, which can impact the value of the Singapore Dollar against the Australian Dollar.

If you're planning to exchange your Singapore Dollars for Australian Dollars, you can expect to receive around 1.40 to 1.50 AUD for every SGD 1, depending on the current exchange rate. This rate can vary depending on the exchange service or bank you use.

What You Need to Know

The Singapore dollar to AU dollar exchange rate can be affected by various factors, including economic indicators and market trends.

The Singapore dollar has historically been quite stable, with a low inflation rate of around 1-2% in recent years.

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Economic indicators such as GDP growth and trade balances can also impact the exchange rate. Singapore's strong trade relationships with Australia can influence the value of the Singapore dollar.

The Australian dollar is often considered a safe-haven currency, which can make it less volatile than other currencies. However, this can also make it less attractive to investors seeking higher returns.

The exchange rate between the Singapore dollar and Australian dollar can fluctuate significantly over time, making it essential to stay informed and up-to-date.

Conversion and Transfer

When converting Singapore Dollars to Australian Dollars, you'll want to know that specialist services like Wise and OFX can offer better exchange rates and faster delivery times compared to using a bank.

The conversion rates for Singapore Dollar to Australian Dollar are as follows: 1 SGD is equivalent to 1.1871 AUD, 5 SGD is equivalent to 5.9356 AUD, and so on.

You can refer to the conversion rates table below for a comprehensive list of exchange rates:

As of February 4, 2025, 100 Singapore Dollars is equivalent to 118.71 Australian Dollars.

Transfer Instructions

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If you're looking to transfer Singapore Dollars to Australian Dollars, you'll want to consider using a specialist service like Wise or OFX, as they often offer better exchange rates and faster delivery times compared to traditional banks.

These services are licensed and regulated, so you can trust that your money is safe.

To get the best transfer rates, be sure to shop around and compare rates from different providers.

Here are some key transfer instructions to keep in mind:

As of February 4, 2025, 100 Singapore Dollars is equivalent to 118.71 Australian Dollars, so be sure to check the current exchange rate before making a transfer.

If you're transferring a large amount, you may want to consider using a specialist service to get the best exchange rate.

You can also use the conversion rates provided in the article to estimate how much your transfer will be worth in Australian Dollars.

When to Convert?

The best time to convert SGD to AUD is between 3-4 PM GMT, when currency market liquidity and trading volume tend to be the highest.

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If you need AUD urgently, it's advisable to convert SGD early in the week to avoid any potential delays.

Forex markets are closed on weekends, so executing a trade late in the week might result in a delayed settlement until the following week.

The SGD and AUD can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

Currency Comparison and Analysis

To get a good deal on your currency exchange, use a comparison calculator to compare AUD/SGD exchange rates from leading providers.

The easiest way to compare your options is to use a calculator that rounds up a selection of leading providers and services.

Getting a good SGD rate is crucial because it means paying less in fees and maximising the value for money you're getting for your transaction.

A better exchange rate can save you a lot of money over time, especially if you transact often or exchange high-value payments.

The Singapore Dollar is currently stronger than the Australian Dollar, with 1 SGD equal to 1.1871 AUD.

This means that if you convert 1 AUD to SGD, you'll get 0.8424 SGD.

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Why Getting a Good Rate Matters

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Getting a good exchange rate is crucial because it means paying less in fees and maximizing the value for money you're getting for your transaction.

A good exchange rate can save you a lot of money over time, especially if you transact often or exchange high-value payments.

If the exchange rate you're quoted includes a fee, it will push up the costs of your transaction, leaving you with less SGD in the end.

Fees added to exchange rates are usually a percentage that's bundled up in the rate you're quoted, which might sound small at first but mounts up quickly.

Getting a better exchange rate can make a big difference, especially for big payments or frequent transactions.

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Comparing Currencies

Comparing currencies can be a daunting task, but it doesn't have to be. The easiest way to compare your options for AUD/SGD exchange rates is to use a comparison calculator.

This tool allows you to compare the available exchange rates, costs, and fees depending on the service you need. The more you know, the better equipped you'll be to make an informed decision.

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The Singapore Dollar is currently stronger than the Australian Dollar, as 1 SGD is equal to 1.1871 AUD. This means that if you're converting your money, you'll get more SGD for your AUD.

Conversely, 1 AUD is worth 0.8424 SGD. This is an important consideration if you're planning a trip or making a large purchase.

Year-over-Year Change

If you're wondering how the Singapore Dollar (SGD) has performed against the Australian Dollar (AUD) over the years, let's take a look at some key statistics.

The SGD has increased in value compared to the AUD, with a year-over-year change of +3.30% as of the last reported data.

If you're interested in knowing the highest SGD to AUD exchange rate in the last decade, it was on March 18, 2020, when each SGD was worth 1.1996 AUD.

The SGD has also shown a steady increase against the AUD over the past 10 years, with a year-over-year appreciation of +22.76%.

Here's a quick rundown of the SGD's year-over-year performance against the AUD:

Keep in mind that these figures might not be up-to-date, and you can check the latest rates by visiting the provided links for each year.

Rodolfo West

Senior Writer

Rodolfo West is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a deep understanding of the financial world, Rodolfo has established himself as a trusted voice in the realm of personal finance. His writing portfolio spans a range of topics, including gold investment and investment options, where he provides readers with valuable insights and expert advice.

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