For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in Singapore and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
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Follow exchange rates via your personal BER Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Sending money abroad 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 can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
The currency market for the Singapore Dollar (SGD) has been significantly impacted by recent developments in global trade dynamics, particularly following U.S. President Donald Trump's announcement of a 10% tariff on Singapore imports. This move, part of an escalating trade confrontation, has raised concerns among analysts about the longer-term implications for emerging Asian currencies, including the SGD.
The overall outlook for the region's currencies appears to be deteriorating as fears of a broader global trade war intensify. Following Trump's tariff announcement, currencies such as the Thai baht and South Korean won have both depreciated approximately 2%, reflecting a general retreat in market risk appetite. Emerging markets are also facing headwinds, with some central banks in the region, including Singapore's, likely to consider more accommodative monetary policies in response to slowing growth.
BestExchangeRates.com keeps you up-to-date on Singapore dollar forecasts by collating the views of reliable FX forecasters and economists together with recent SGD price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
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