SGD to CAD

Converting Singapore Dollar into Canadian Dollar explained

This overview brings together the rate for Singapore Dollar (SGD) and Canadian Dollar (CAD) and sets it next to the prices that banks, money apps and exchanges actually ask. On October 30, 2026, 1 SGD buys 1.0929 CAD, while one CAD is worth 0.915032 SGD.

The rate shown above is the interbank mid rate. It sits exactly halfway between the price at which large banks buy SGD and the price at which they sell it. Think of it as a fair reference point: it contains no profit margin and no fees, so consumers almost never receive it in full.

What you actually receive comes down to two things: the margin a provider adds to that rate and any fixed or percentage fee. In the sections below we explain how those costs work, look at what a conversion costs in practice and share simple habits to keep more of your money when you change SGD into CAD.

The SGD/CAD rate over twelve months

Across the last year, the price of SGD in CAD shows a change of +1.57%. In that period the rate peaked at 1.1158 CAD for one SGD, while the bottom of the range was 1.0603. Today’s rate of 1.0929 can be measured against those two levels.

The distance between the high and the low is a useful reminder of how far the rate can travel. On a large conversion, timing has a visible effect on the outcome, sometimes more than the choice of provider.

Exchange rates respond to central bank policy, economic data and shifts in risk appetite. We show the figures as they are and do not make predictions. If timing matters to you, use an alert or limit order rather than a hunch.

About this comparison

Every calculation begins with the mid-market rate of 1.0929. Each provider’s published fee and markup are applied on top, to calculate what actually arrives in CAD. The comparison covers 8 providers, ranked from most to least received.

We update the rates every 30 minutes, and the date on the page shows when the data was last updated. The final price is always set by the provider itself, since markets keep moving, especially when markets are busy.

We are not owned by any provider. Some of the links are affiliate links, which help fund our work. That never changes the ranking: providers are sorted purely by how much CAD the recipient gets.

How providers price SGD to CAD

Most providers will not give you the mid-market rate itself. Instead they shift the rate in their own favour and pocket the gap. This is known as the markup. If the margin is 2%, then for every 100 SGD you convert, about 2 SGD worth disappears before the money arrives.

On top of the margin, a lot of services add a visible fee. It may be a fixed amount per transfer, a percentage of the amount or a mix of both. On classic bank transfers abroad extra deductions can follow, and those only show up at the end.

Be wary of services that advertise free transfers. The cost often sits in the rate instead. The reliable test is how much CAD the recipient ends up with for the same amount of SGD, and that is the figure our table ranks on.

Staying safe with bigger SGD to CAD transfers

Only use providers that are regulated. Look for authorisation from the FCA in the UK or the financial regulator in your own country. Licensed payment firms must keep customer money separate from their own.

Check names and account details twice. An international payment is hard to reverse once it is sent. Be suspicious if someone urges you to pay quickly or suddenly changes bank details. Call to confirm, using contact details you already had.

For large amounts, expect extra checks. Have documents ready that show where the money came from, such as a payslip, sale agreement or bank statement. For big amounts it can pay to ask for a better rate. A rate lock, where offered, removes uncertainty while the money is on its way.

Sample calculation for 1,000.00 SGD

Let’s use an amount of 1,000.00 SGD. Converted at the pure mid-market rate (1.0929), that marks the theoretical maximum of what is possible on the CAD side. No service pays out that exact figure, since the margin and fees are taken out along the way.

Across the 8 providers in our comparison, Revolut gave the best result, with 1,087.39 CAD at the time of our last update. The gap between 1,087.39 CAD and the theoretical maximum is what the conversion actually cost you.

Note that rankings shift with the amount you send. A flat fee hurts most when the amount is small, whereas a percentage margin grows along with the amount. Try your actual amount in the calculator above for a ranking that fits your situation.

The countries behind SGD and CAD

Singapore Dollar is the currency of Singapore. Canadian Dollar is the official currency of Canada. That is useful to know when you plan a trip, pay an invoice or send money to family.

People convert SGD to CAD for many reasons: moving abroad, studying, doing business or sending a gift. Not every situation needs the same solution: a one-off large payment calls for the best rate, while frequent smaller payments are more sensitive to fixed fees.

The way money is paid out also differs per country. Account formats differ: IBAN in one place, account and routing numbers in another, and in some places payout to a mobile wallet is the norm. Ask the recipient for the exact details in advance.

Choosing a route to send CAD

With a classic international transfer, the bank sends the payment through SWIFT. Your transfer may hop between several banks before it arrives, and each can take a fee. Expect anything from one to a few working days, and the final deduction is often only visible afterwards.

Specialised transfer services often work differently. They have local accounts on both sides, so your SGD stays in the SGD system and the recipient is paid in CAD from a local account. That is often faster and cheaper, with the final CAD amount fixed upfront.

Speed is not down to the provider alone: your payment method, cut-off times and public holidays on either side. A first transfer can take longer as the provider completes its checks. Finish verification in advance when a deadline is involved.

Practical ways to save on SGD/CAD

Look at the final amount, not just the fee. A small fee on its own says little if the rate is poor. The fairest figure to compare is the CAD amount after every cost, and that already includes both the markup and the fee.

At foreign tills and cash machines, a terminal may offer to charge you in your home currency. This is called dynamic currency conversion. The rate used is usually poor. Pick the local currency so your bank or card issuer handles the exchange.

Timing can also matter. Rates quoted on a Saturday or Sunday can include a weekend surcharge. If you are not in a hurry, a rate alert or limit order lets you convert automatically once SGD/CAD reaches a level you choose. It takes the guesswork out, but there is no guarantee the rate will get there.

Also check how you fund the transfer. Card payments often cost more than a bank transfer, and funding by bank transfer tends to keep costs down. Combining several small payments into one larger transfer means fixed charges hit you fewer times.