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 QAR Market Data
Singapore dollar (SGD) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the SGD to QAR 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 Qatari rial is to review how the SGD/QAR rate has changed over time.
The table below shows the percentage change in the SGD to QAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Qatari rial 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 QAR?
The best SGD to QAR exchange rate is 2.8144 from XE. This is -0.6% compared to the mid-market rate 2.8314.
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 Qatari rial (QAR) rates from different sources before making a conversion.
The above
Singapore dollar to Rial 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-QAR mid-rate and the possible savings of using various providers.
How do SGD-QAR rates compare between providers?
Looking at the
full comparison table
the best SGD to QAR exchange rate is 2.8144 from XE, -0.6% from the mid-market rate 2.8314. The next best rate is 2.8144 from Wise, -0.6% from the mid-rate. Then WorldRemit with 2.8031 is -1% from the mid-rate.
Among the banks the CIMB Bank rate is 2.7436 at -3.1% the OCBC Bank rate is 2.7549 at -2.7% and the Maybank rate is 2.7323 at -3.5% compared to the mid-rate 2.8314.
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.
The exchange rate forecasts for the SGD to USD have been significantly influenced by recent geopolitical developments, particularly the imposition of a 10% tariff...
The USD to QAR exchange rate has recently seen the US dollar showing strength, particularly after mixed payroll data indicated that the US economy added more jobs...