The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
SGD to EUR Market Data
Singapore dollar (SGD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the SGD to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Euro is to review how the SGD/EUR rate has changed over time.
The table below shows the percentage change in the SGD to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The exchange rate forecast for the Singapore Dollar (SGD) against the Euro (EUR) reflects a complex interplay of recent developments in both regions'...
The recent exchange rate forecasts for the Singapore Dollar (SGD) against the US Dollar (USD) indicate a period of relative strength for the SGD amidst...
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Current market bias: The EUR to SGD exchange rate is currently range-bound.
Key drivers:
- Interest rate decisions from the ECB (European Central Bank) and MAS (Monetary Authority of Singapore) are crucial. The ECB's cautious approach is due to the potential impact of a stronger euro on inflation, while the MAS is maintaining its stance amid steady economic growth.
- Mixed macroeconomic outlook with the eurozone GDP projected at 1.6% and Singapore's growth forecast adjusted to 2.3%.
Near-term range: The EUR to SGD rate is expected to stay stable, showing limited volatility over the next few months.
What could change it: Upside risks include stronger-than-anticipated economic resilience in the eurozone, while downside risks may come from escalating geopolitical tensions or worsening inflation in the eurozone.
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The EUR/SGD exchange rate is currently range-bound, influenced by ECB & MAS interest rate strategies. Eurozone GDP is expected to grow at 1.6%, while Singapore's forecast is raised to 2.3%. Upside risks exist with stronger eurozone resilience; downside risks with rising geopolitical tensions
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SGD to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
best Send Money conversion rate for SGD to EUR?
The best SGD to EUR exchange rate is 0.6594 from Wise. This is -0.33% compared to the mid-market rate 0.6616.
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
Singapore dollar to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-EUR mid-rate and the possible savings of using various providers.
How do 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 Wise at 0.6594, -0.33% from the latest mid-market rate 0.6616.
The next best is OFX at 0.6583, -0.5% from the mid-rate.
Then XE at 0.6576, which is -0.6% from the mid-rate.
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
or platforms that offer rates closer to the mid-market rate.