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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Saudi Arabia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Saudi Arabia bank accounts or pay a Saudi riyal invoice.
SGD to SAR Market Data
Singapore dollar (SGD) to Saudi riyal (SAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the SGD to SAR 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 Saudi riyal is to review how the SGD/SAR rate has changed over time.
The table below shows the percentage change in the SGD to SAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/SAR
Change
Period
30 May 2025
2.9058
0.7% ▲
2 Week
15 Mar 2025
2.8041
4.3% ▲
3 Month
13 Jun 2024
2.7764
5.4% ▲
1 Year
14 Jun 2020
2.6913
8.7% ▲
5 Year
16 Jun 2015
2.7925
4.8% ▲
10 Year
18 Jun 2005
2.2451
30.3% ▲
20 Year
SGD/SAR historic rates & change to 13-Jun-2025
SGD to SAR 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 Saudi riyal 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 SAR?
The best SGD to SAR exchange rate is 2.9106 from Wise. This is -0.6% compared to the mid-market rate 2.9282.
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 Saudi riyal (SAR) rates from different sources before making a conversion.
The above
Singapore dollar to Riyal 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-SAR mid-rate and the possible savings of using various providers.
How do SGD-SAR rates compare between providers?
Looking at the
full comparison table
the best SGD to SAR exchange rate is 2.9106 from Wise, -0.6% from the mid-market rate 2.9282. The next best rate is 2.8989 from WorldRemit, -1% from the mid-rate. Then OFX with 2.827 is -3.5% from the mid-rate.
Among the banks the CIMB Bank rate is 2.7714 at -5.4% the OCBC Bank rate is 2.8491 at -2.7% and the Maybank rate is 2.8257 at -3.5% compared to the mid-rate 2.9282.
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.
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