SGD to EUR

Converting Singapore Dollar into Euro explained

This page brings together the exchange rate between Singapore Dollar (SGD) and Euro (EUR) and compares it with the cost of an actual conversion at a range of providers. At the latest update on October 30, 2026, 1 SGD equals 0.700557 EUR, while a single EUR is worth 1.4274 SGD.

That headline number 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: nobody earns anything on it directly, so few consumer services pass it on unchanged.

The amount that lands in the other account is shaped by two things: a markup hidden in the exchange 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 get closer to the mid-market rate when you change SGD into EUR.

The countries behind SGD and EUR

Singapore Dollar is used in Singapore. Euro is the official currency of Germany, France, Netherlands, Spain, Italy. This matters when you plan a trip, pay an invoice or send money to family.

The reasons for changing SGD into EUR vary: rent or a mortgage abroad, tuition fees, a salary paid in another currency, savings or a holiday. Each situation asks for something different: a one-off large payment benefits most from a sharp rate, whereas frequent smaller payments suffer more from flat charges.

Payout methods vary from country to country. Depending on the country, you need an IBAN, a local account number or a mobile wallet, and in some places cash pickup or mobile money is common. Have the recipient’s full details ready before you begin.

Recent movement in the SGD/EUR rate

Over the past twelve months, the SGD/EUR rate shows a change of +5.42%. During that year the rate peaked at 0.700969 EUR per SGD, and the low point came in at 0.659017. Today’s rate of 0.700557 sits somewhere inside that range.

The spread between the year’s extremes shows how much the rate can move in practice. When you convert a substantial sum, the moment you choose can make a noticeable difference to what arrives, even when the fee stays the same.

The rate reflects news, economic data and supply and demand on the market. The statistics here are historical, not a forecast. If you are waiting for a particular level, it is more practical to set an alert than to guess.

How providers price SGD to EUR

The majority of services will not give you the rate of 0.700557 as such. They offer a rate that is a little less favourable and pocket the gap. People call this the spread. If the margin is 2%, then you lose roughly 2 SGD on every 100 SGD, without it ever appearing as a fee.

Next to that markup, most banks ask for a separate fee. It may be a fixed amount per transfer, a percentage of the amount or both at once. For transfers sent through the banking network other banks along the route may take their own cut, and those only show up at the end.

Look twice at services that advertise free transfers. In many cases the margin in the rate simply does the work of the fee. What really counts is the total amount that arrives in EUR for the same amount of SGD, and that is the figure our table ranks on.

Staying safe with bigger SGD to EUR transfers

Check the provider’s licence first. In the UK that means authorisation by the FCA, elsewhere a central bank or financial supervisor. Regulated firms have to safeguard client funds.

Double-check the recipient details before you confirm. Once money has left, getting it back is difficult. Be suspicious if someone urges you to pay quickly or suddenly changes bank details: confirm by phone using a number you already know.

Larger transfers often come with additional questions. 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.

Delivery times and routes for EUR transfers

A traditional bank sends your payment through SWIFT. Along the way one or more intermediary banks may handle it, and each can take a fee. It typically arrives within a few working days, and the exact cost is not always clear in advance.

Specialised transfer services often work differently. They hold balances in both currencies, so your SGD stays in the SGD system and the recipient is paid in EUR from a local account. This usually cuts both time and cost, with the final EUR amount fixed upfront.

How fast a transfer really is depends on more than the provider: how you pay, the time of day, cut-off times and bank holidays in both countries. A first transfer can take longer while identity checks are done. Upload your documents early when a deadline is involved.

How GoldexPay compares SGD to EUR providers

Every calculation begins with the mid-market rate of 0.700557. We then apply each provider’s published fees and exchange rate margin, and work out how much EUR the recipient would end up with. In total 8 providers are included, placed side by side.

We update the rates every 30 minutes, so the page reflects the market of October 30, 2026. Providers confirm their own price at checkout, because their rate can move between our updates, especially when markets are busy.

No bank, app or exchange owns GoldexPay. Some of the links are affiliate links. That never changes the ranking: the provider that delivers the most EUR comes first, whether or not we have a link to it.

A worked example with 1,000.00 SGD

Let’s use a transfer of 1,000.00 SGD. At the mid-market rate of 0.700557, that sum sets the ceiling for what the recipient could get. No service pays out that exact figure, because margins and fees come off first.

Looking at all 8 providers we track, Revolut delivered the most, with 697.05 EUR at the time of our last update. The difference between that figure and the mid-market amount is what the conversion actually cost you.

Keep in mind that the cheapest provider for 1,000.00 SGD is not automatically the cheapest for every amount. Fixed fees weigh heavily on small sums, whereas a percentage margin grows along with the amount. Enter your own amount in the converter to see the ranking that applies to you.

Paying less when you change SGD into EUR

Compare the total cost, not the fee alone. A small fee on its own says little when the margin is high. The fairest figure to compare is how much EUR arrives for your SGD, which combines 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 and let your own card provider do the conversion.

Timing plays a role too. Some providers widen their margin at weekends, when currency markets are closed. When there is no deadline, an alert tells you when the rate hits a level you are happy with. It saves you from checking the rate every day, though the target may never be reached.

Also check how you fund the transfer. A credit card may be treated as a cash advance by your card issuer, and a regular bank transfer to the provider is usually the cheapest way in. Combining several small payments into one larger transfer also cuts the impact of fixed fees.