SGD to USD Exchange Rate Today
Convert Singapore Dollars to US Dollars with live SGD/USD rates for US education, American property, or stock investments. Navigate MAS policy impacts.
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Sending 1,000.00 SGD → USD
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Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current SGD to USD exchange rate?
The Singapore Dollar to US Dollar rate typically ranges between $0.72-0.76 per S$1 (or about S$1.32-1.39 per $1). MAS manages SGD against basket of currencies—not pegged but actively managed. Strong Singapore economy, prudent fiscal policy, and AAA credit rating support SGD strength. Many Singaporeans study in US universities (MIT, Stanford, Ivy League) or invest in American property, making SGD/USD important for education payments and wealth diversification.
How does MAS manage the Singapore Dollar?
Monetary Authority of Singapore uses exchange rate as monetary policy tool (unique globally). MAS manages SGD nominal effective exchange rate (NEER) against basket of trading partner currencies within undisclosed band. Allows gradual appreciation to control inflation (Singapore imports everything). Unlike free float or hard peg, this system provides stability while allowing flexibility. Twice-yearly policy statements announce NEER slope, width adjustments.
What's the best way to send Singapore Dollars to USA?
Use Wise or OFX (0.5-1% fees), Singapore banks like DBS or OCBC (1.5-2% fees, have US correspondent banking), US banks' Singapore operations, or for large amounts (property, tuition) use currency brokers. Many Singaporean students in US use education payment platforms. Transfers clear quickly—efficient banking systems both sides. Consider timing around MAS policy announcements for large conversions.
When should I convert Singapore Dollars to US Dollars?
Singapore families sending students to MIT or Stanford benefit when SGD exceeds $0.76, reducing S$100K tuition by $1,333 versus $0.74. Singaporean students in US (15,000+ enrolled) converting tuition before August/January watch MAS quarterly NEER adjustments. Singapore investors buying US tech stocks (S$50B flows annually) time Fed decisions; surprise rate cuts weaken dollar 2-3% immediately. Difference between $0.74 and $0.76 equals S$3,571 on $100K—significant for Singapore families funding American university fees or California property investments.
Why do Singaporeans invest in USA?
Diversification beyond Asia, access to US tech stocks (Apple, Tesla, Nvidia unavailable on SGX), real estate in major US cities, and education (thousands study at US universities). Strong SGD makes American assets relatively affordable. Many Singaporeans maintain US brokerage accounts for S&P 500 exposure. Property popular in California, New York, Texas—both investment and potential relocation. US market depth, liquidity attract Singaporean institutional and retail investors.