Maybank SGD to EUR - Transfers Compared

   

As of March 8, the SGD is trading at 0.6936 against the EUR, down 2.2% from the three-month average. FX analysts cite pressures from U.S.-China tensions and mixed Singapore data, while the euro gains strength post-ECB policy shift. Market dynamics continue to evolve. 10-Mar

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What is the Maybank Send Money conversion rate for SGD to EUR?

The Maybank SGD to EUR exchange rate is 0.6508. This is -3.5% compared to the latest SGD-EUR mid-market rate 0.6744.

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 Euro (EUR) rates from different sources before making a conversion.

The above Maybank - Singapore dollar to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Maybank and other foreign exchange providers against the latest SGD-EUR mid-rate and the possible savings of using various providers. 

How do Maybank SGD-EUR rates compare between providers?

Looking at the full SGD to EUR - Send Money comparison table the provider with the best SGD to EUR exchange rate is OFX at 0.671, -0.5% from the latest mid-market rate 0.6744.

The next best is XE at 0.6704, -0.59% from the mid-rate.

Then Wise at 0.6704, which is -0.59% from the mid-rate.

Among the banks the CIMB Bank rate is 0.6495 at -3.7% the OCBC Bank rate is 0.6562 at -2.7% and the Maybank rate is 0.6508 at -3.5% compared to the mid-rate 0.6744.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank 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 or platforms that offer rates closer to the mid-market rate.