Currency exchange today – in Singapore – include exchange rates for, INR, USD, CD, Dhiram, Euro, Pound, Australian Dollar

Singapore is considered a global financial hub with a freely floating currency (SGD) is witnessing fluctuations across its exchange rates due to market dynamics, trade flows, and global sentiment. The broader financial environment is overseen by the Monetary Authority of Singapore (MAS), but actual rates for individuals and businesses are typically sourced from real-time data providers.

Approximate Mid-Market Exchange Rates (as of 08 Sep 2025)

Here are the approximate rates for 1 SGD to other currencies based on data from X-Rates (timestamped 08 Sep 2025, 08:33 UTC):

• USD (US Dollar): ~ 0.7796 USD per SGD
• EUR (Euro): ~ 0.6645 EUR per SGD
• GBP (British Pound): ~ 0.5769 GBP per SGD
• INR (Indian Rupee): ~ 68.64 INR per SGD
• AUD (Australian Dollar): ~1.1840 AUD per SGD
• CAD (Canadian Dollar): ~ 1.0774 CAD per SGD
• AED (UAE Dirham): ~ 2.8629 AED per SGD

The Singapore Dollar (SGD) in Singapore maintains its position as a stable, freely floating currency in global forex markets. The mid-market exchange rates as of September 8, 2025, show that 1 SGD equals approximately:

• 0.78 USD, making the US Dollar one of the stronger foreign currencies relative to SGD.
• 0.66 EUR, indicating the Euro trades at a modest premium over the Singapore Dollar.
• 0.58 GBR, placing the British Pound notably above SGD in value.
• 68.64 INR, showing the Indian Rupee’s relatively lower value.
• 1.18 AUD, suggesting a near-parity with a slight tilt in favour of the Australian Dollar.
• 1.08 CAD, indicating a close equivalence to the Singapore Dollar.
• 2.86 AED, as the UAE Dirham remains notably stronger per unit than SGD.

The mid-market or “interbank” rates, as denoted by these figures, average between bid and ask quotes used by large financial institutions. Slightly less favourable rates are received by retail consumers or businesses exchanging currency in Singapore due to service markups and operational costs. For example, money changers at Changi Airport or banks may apply spreads of 1-3%.

Read Also: Currency Exchange Today — Singapore

The financial markets of Singapore are highly efficient, with exchange rates altering minute-by-minute in response to global cues such as trade data, geopolitical events, and interest rate changes. The monetary policy and stability are anchored by the Monetary Authority of Singapore (MAS), although it does not fix the exchange rate. The SGD’s value is adjusted flexibly within a managed float system.

It is better to check a few sources before converting currency, for example, for travel, trade, or remittances. The real-time mid markets benchmarks (e.g., SGD to USD ~~ 0.78 USD) is provided by Wise, while similar data, with Xe quoting 1 SGD ~~ 0.778 USD, are provided by XE and X-Rates.

For example, when converting 100 SGD to Indian rupees at the mid-market rate (~~68.64 INR, 6,864 INR is acquired. However, the bank might offer around 67.5 INR reflecting a small differential that, while minimal per transaction, could matter for larger sums.

According to Singapore’s forex environment today, the SGD is trading favourably against both stronger and weaker currencies, with the USD, EUR, GBP, AUD, CAD, AED, AND INR holding varied positions. Mid-market rates as guidelines should be used by market participants, but final conversion rates with their providers are confirmed only before transacting.