What is the
WorldRemit Send Money conversion rate for SGD to MOP?
The WorldRemit SGD to MOP exchange rate is 6.2488. This is -1% compared to the latest SGD-MOP mid-market rate 6.3119.
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 Macanese pataca (MOP) rates from different sources before making a conversion.
The above
WorldRemit - Singapore dollar to Pataca comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest SGD-MOP mid-rate and the possible savings of using various providers.
How do WorldRemit SGD-MOP rates compare between providers?
Looking at the full
SGD to MOP - Send Money comparison table the provider with the best SGD to MOP exchange rate is Wise at 6.274, -0.6% from the latest mid-market rate 6.3119.
The next best is WorldRemit at 6.2488, -1% from the mid-rate.
Among the banks the CIMB Bank rate is 5.9711 at -5.4% the OCBC Bank rate is 6.1415 at -2.7% and the Maybank rate is 6.091 at -3.5% compared to the mid-rate 6.3119.
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
like WorldRemit or platforms that offer rates closer to the mid-market rate.