The real CHF/SGD rate
The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.
Exchange your Swiss francs (CHF) into Singapore dollars (SGD) at the real interbank rate, in real time. Ideal for sending money between Switzerland and Singapore — expatriation, business, studies or family — with a margin from 0.40% and no hidden fees.
The essentials for exchanging your CHF into SGD with no nasty surprise on the rate or the fees.
The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.
Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.
Fund your account in CHF from Switzerland; ibani converts and sends the Singapore dollars to the beneficiary.
ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.
On a transfer of CHF 10,000 to Singapore, the margin applied to the rate makes all the difference to the amount received.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "In-house" rate | "In-house" rate |
| Exchange margin | From 0.40% | ~1.5 to 2% | Often > 2% |
| Transfer fees | CHF 0* | Variable | — |
| Estimated cost per transfer* | ~CHF 40 | ~CHF 180 | > CHF 200 |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a transfer of CHF 10,000 to Singapore. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees. See the details on our Rates page.
Follow the pair's trend to choose the right moment for your exchange.
Indicative amounts, ibani margin included, updated continuously.
Reference rate as of 21 September 2026; the rate applied is the one at the time of the order.
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Fund it by transfer in CHF from your Swiss bank and provide the beneficiary account in Singapore.
ibani converts your CHF into SGD at the market rate and sends the funds to Singapore, with no hidden fees.
Two solid currencies, two opposite logics: the franc draws its strength from the absence of inflation — 0.4% in July — and a 0.00% policy rate, while Singapore steers the appreciation slope of its currency directly. MAS tightened that slope for a second time on 27 July 2026.
The Swiss National Bank kept its policy rate at 0.00% at its 18 June 2026 assessment, a fourth consecutive hold, with inflation projected at 0.6% for both 2026 and 2027. Swiss inflation fell back to 0.4% year on year in July, a four-month low. The surprise of the quarter: GDP jumped 1.5% in the second quarter against expectations of 0.2% to 0.4%, driven by a 15.2% rebound in chemical and pharmaceutical exports. The next assessment is on 24 September 2026.
Singapore does not steer a policy rate but the appreciation slope of its nominal effective exchange rate (S$NEER). On 27 July 2026 MAS raised it for the second time this year, by around 25 basis points after a first move in April, judging that the energy shock would feed more widely into domestic prices. Most analysts no longer expect any change before the end of 2026.
A Singapore dollar whose appreciation is programmed by its central bank sees its troughs mechanically limited. On a regular flow from Switzerland, that argues for spread-out conversions rather than waiting for an entry point.
Benchmark on 28 August 2026: 1 CHF ≈ 1.5917 SGD. The converter at the top of this page shows the live rate.
Sources: SNB, monetary policy assessment of 18 June 2026 · Federal Statistical Office, July consumer price index published 3 August 2026 · SECO, flash GDP estimate of 14 August 2026 · Monetary Authority of Singapore, monetary policy statement of 27 July 2026.
The rate between the Swiss franc (CHF) and the Singapore dollar (SGD) brings together two of the most stable currencies in the world, steered by two radically different monetary frameworks : the Swiss National Bank (SNB) and the Monetary Authority of Singapore (MAS).
The SNB runs a classic policy based on its policy interest rate and, if necessary, on foreign-exchange interventions, while benefiting from the safe-haven status of the Swiss franc in times of uncertainty. The MAS, for its part, does not set an interest rate : it directly manages the nominal effective exchange rate of the SGD against a basket of currencies of its trading partners, within a fluctuation band it adjusts according to inflation and growth. An approach suited to a small, very open economy, where foreign trade is worth several times GDP.
The result : the CHF/SGD pair is generally less volatile than other pairs involving the franc, but it reacts to inflation gaps between Switzerland and Singapore, to safe-haven flows and to the health of Asian trade. For a transfer of a certain size — investment, real estate, expatriation or schooling costs — a few basis points on the rate can represent a noticeable difference to the amount received.
Read also: our guides on how to repatriate funds to Singapore and prepare a move to Singapore.
Written by Brice Delhome.
There is no universal ideal time. The CHF/SGD rate depends on market movements and on the policies of the SNB (Swiss National Bank) and the MAS (Monetary Authority of Singapore), which steers the Singapore dollar through its exchange rate rather than through interest rates. Monitor the real rate continuously and trigger your exchange at the moment that suits you.
With ibani, you get a personal Swiss (CH) IBAN. You transfer your Swiss francs to it, ibani converts them into Singapore dollars at the real market rate then sends the funds to the beneficiary account in Singapore, with no hidden fees.
Unlike most central banks, the Monetary Authority of Singapore (MAS) does not set a policy interest rate: it manages the value of the SGD against a basket of currencies of its trading partners, within a fluctuation band. This policy, suited to a very open economy, tends to limit the volatility of the Singapore dollar.
ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees.
✓ Real interbank rate · ✓ Margin from 0.40% · ✓ Affiliated with SO-FIT (SRO)
* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
Your money is handled with the utmost regulatory rigour.
ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.
ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).