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 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:
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 2.9154 from Wise. This is -0.6% compared to the mid-market rate 2.9330.
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 2.9154 from Wise, -0.6% from the mid-market rate 2.9330. The next best rate is 2.9037 from WorldRemit, -1% from the mid-rate. Then OFX with 2.8347 is -3.4% from the mid-rate.
Among the banks the CIMB Bank rate is 2.779 at -5.3% the OCBC Bank rate is 2.8538 at -2.7% and the Maybank rate is 2.8303 at -3.5% compared to the mid-rate 2.9330.
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.
Recent forecasts regarding the exchange rate between the Singapore Dollar (SGD) and the Saudi Riyal (SAR) highlight a challenging environment for the SGD due to...
The exchange rate forecasts for the SGD to USD have been significantly influenced by recent geopolitical developments, particularly the imposition of a 10% tariff...