--- title: "Convert US dollars into Singapore dollars (USD → SGD)" url: https://www.ibani.com/en/currency-converter/usd-to-sgd-rate lang: en date_modified: 2026-10-23 --- USD → SGD · Real-time rate # Convert US dollars into Singapore dollars (USD → SGD) **1 USD = 1.2714 SGD** as of 23 October 2026 (indicative rate for an amount below the equivalent of CHF 10,000, ibani margin included; the rate applied is the one in effect when you place your order). Change your US dollars (USD) into Singapore dollars (SGD) at the **real interbank rate**, in real time. Ideal for your payments, transfers and spending to Singapore, with a margin from 0.40% to 0.15% and no hidden fees. [Open my free account](https://www.ibani.com/en/app) Conversion tables **USD → SGD**Currency pair **Real time**Market rate **0.15%**Margin from ### Simulate your transfer No hidden fees 1 USD = 1.2714 SGD Rate as of 23 October 2026 1'271.41 Estimated annual saving — vs. a traditional bank Per monthly transfer · [Live rates](https://www.ibani.com/en/currency-converter) · [Pricing](https://www.ibani.com/en/rates) [Get started — It's free](https://www.ibani.com/en/app) [![App Store](https://www.ibani.com/images/appstore-badge.svg)](https://apps.apple.com/app/ibani-borderless-money/id1382598762)[![Google Play](https://www.ibani.com/images/google-play-badge.svg)](https://play.google.com/store/apps/details?id=com.ibani.mobile&hl=en) \* 100% digital sign-up in 5 minutes. Zero account opening or maintenance fees. **35'000+ clients**Individuals & businesses **CHF 1 Billion+**Exchanged since 2018 **Up to 10× cheaper**Than a traditional bank **4.7/5 · Excellent**On 2'000+ client reviews [![SO-FIT logo](https://www.ibani.com/images/sofit-light.svg) Affiliated with SO-FIT (SRO)\*](https://so-fit.ch/) USD/SGD conversion at a glance ## Convert US dollars into Singapore dollars, at the fair rate The essentials to change your USD into SGD without any nasty surprise on the rate or the fees. ### The real USD/SGD rate The interbank (mid-market) rate as the basis; the ibani margin, from 0.40% to 0.15% depending on the amount, is shown separately. ### A margin from 0.15% Transparent and sliding, up to 10× cheaper than a bank. No hidden fees. ### Personal Swiss IBAN Receive and send your funds via an IBAN in your name, converted into Singapore dollars automatically. ### A reliable Swiss partner ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, a self-regulatory organisation recognised by FINMA. What you really pay ## USD → SGD: ibani, bank or exchange office? On a 5'000 USD exchange, the margin applied to the rate makes all the difference to the amount received in SGD. | Criterion | ibani | Bank | Exchange office | | --- | --- | --- | --- | | Starting rate | Real interbank | "In-house" rate | "In-house" rate | | Exchange margin | 0.40% | ~1.5 to 2% | Often > 2% | | Transfer fees | CHF 0 | Variable | — | | Estimated cost on 5'000 USD\* | ~20 USD | ~90 USD | \> 100 USD | | 100% digital tracking | Yes | Partial | No | \*Indicative orders of magnitude for a one-off exchange of 5'000 USD into SGD. See the details on our [Rates](https://www.ibani.com/en/rates) page. Rate evolution ## Live USD / SGD exchange rate Follow the pair's trend to choose the right moment for your exchange. 1 USD in SGD: 30-day and 90-day statistics | Indicator | 30 days | 90 days | | --- | --- | --- | | High | 1.2829 | 1.2934 | | Low | 1.2771 | 1.2634 | | Average | 1.2793 | 1.2770 | | Change | −0.06% | −0.99% | European Central Bank reference rates, from 27 July to 22 October (90 days) and from 23 September to 22 October (30 days), 2026. Cross rates calculated via the euro. Excluding exchange margin: these figures are not directly comparable with the rate shown at the top of the page, which includes the ibani margin. Conversion tables ## How much is 1 USD in SGD (and the reverse)? Indicative amounts, ibani margin included, updated continuously. Indicative rate as of 23 October 2026, ibani margin included; the rate applied is the one in effect when you place your order. | [USD](https://www.ibani.com/en/currency-converter/currencies/usd-us-dollar) | [SGD](https://www.ibani.com/en/currency-converter/currencies/sgd-singaporean-dollar) | | --- | --- | | USD 1 | 1.27 | | USD 5 | 6.36 | | USD 10 | 12.71 | | USD 50 | 63.57 | | USD 100 | 127.14 | | USD 500 | 635.70 | | USD 1'000 | 1'271.41 | | USD 5'000 | 6'357.04 | | USD 10'000 | 12'714.07 | | USD 50'000 | 63'602.28 | | [SGD](https://www.ibani.com/en/currency-converter/currencies/sgd-singaporean-dollar) | [USD](https://www.ibani.com/en/currency-converter/currencies/usd-us-dollar) | | --- | --- | | SGD 1 | 0.78 | | SGD 5 | 3.89 | | SGD 10 | 7.79 | | SGD 50 | 38.93 | | SGD 100 | 77.87 | | SGD 500 | 389.35 | | SGD 1'000 | 778.69 | | SGD 5'000 | 3'893.46 | | SGD 10'000 | 7'786.92 | | SGD 50'000 | 38'954.15 | How to convert ## Your USD changed into SGD, in 3 steps ### Create your ibani account for free 100% digital sign-up in 5 minutes, with no opening or account maintenance fees. ### Fund your account in USD Top up your personal Swiss IBAN with the US dollars to convert to Singapore. ### Receive your SGD at the real rate ibani converts your USD into SGD at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and transfers the Singapore dollars to the beneficiary account. Other pairs ## Convert other currencies From the US dollar (USD) [USD CHF](https://www.ibani.com/en/currency-converter/usd-to-chf-rate) [USD EUR](https://www.ibani.com/en/currency-converter/usd-to-eur-rate) [USD GBP](https://www.ibani.com/en/currency-converter/usd-to-gbp-rate) [USD CAD](https://www.ibani.com/en/currency-converter/usd-to-cad-rate) To the Singapore dollar (SGD) [CHF SGD](https://www.ibani.com/en/currency-converter/chf-to-sgd-rate) [EUR SGD](https://www.ibani.com/en/currency-converter/eur-to-sgd-rate) [GBP SGD](https://www.ibani.com/en/currency-converter/gbp-to-sgd-rate) [All our converters →](https://www.ibani.com/en/currency-converter) Markets · updated 19 October 2026 ## USD/SGD: what has moved in recent months The pair has barely moved since the end of the summer: 1.2713 on 28 August, 1.2790 on 19 October, while the dollar gained 2.6% against the franc over the same period. That is largely down to Singapore's exchange rate regime, which MAS left unchanged on 14 October. USD ### The Fed raises rates unanimously On 16 September 2026 the Federal Reserve raised the target range for the federal funds rate by 25 basis points, to 3.75%–4.00%, by twelve votes to none. US inflation came in at 3.7% year on year in September, and at 2.6% excluding food and energy. The dollar firmed: against the franc, it hit its 2026 high on 1 October, at 0.8353, and stood at 0.8250 at the 19 October reference rate, up 2.6% since 28 August. The next meeting is on 27 and 28 October 2026, then on 8 and 9 December. SGD ### MAS pauses Singapore does not steer a policy rate but the appreciation slope of its nominal effective exchange rate (S$NEER). On 14 October 2026 MAS left the slope, width and centre of this band unchanged, after two tightenings in April and July. MAS core inflation rose to 2.2% in August, headline inflation to 2.3%, and MAS forecasts core inflation of 1.5% to 2.0% for the year. The next statement is due no later than 29 January 2027. USD → SGD ### What it means for you Even the Fed's 16 September hike produced only a limited move here. On this pair, the margin applied relative to the market rate often weighs more than volatility. **ECB reference rate on 19 October 2026:** 1 USD ≈ 1.2790 SGD (excluding margin). The rate shown at the top of the page includes the ibani margin; the converter shows the live rate. Sources: Federal Reserve, statement of 16 September 2026 · Bureau of Labor Statistics, September consumer price index published 14 October 2026 · ECB, euro foreign exchange reference rates · Monetary Authority of Singapore, monetary policy statements of 14 April and 14 October 2026 · MAS and Ministry of Trade and Industry, August 2026 consumer prices. General market information, compiled from the sources cited; it constitutes neither investment advice nor a forecast. The economics of the pair ## USD/SGD: the Fed versus the MAS The rate between the **US dollar (USD)** and the **Singapore dollar (SGD)** reflects the meeting of two very different monetary approaches: that of the Fed (US Federal Reserve) and that of the MAS (Monetary Authority of Singapore). In the United States, the Fed steers its policy through **interest rates**. When it raises its rates to contain inflation, the US dollar tends to appreciate against most currencies, including the SGD. The USD is also the world's main reserve currency: in times of tension, investors take refuge in it, which strengthens the greenback. In Singapore, the MAS made an unusual choice: rather than setting a policy rate, it conducts its policy through the **exchange rate**. The Singapore dollar floats within a band against a weighted basket of its trading partners' currencies (the S$NEER), which the MAS adjusts to control imported inflation. As a result, the USD/SGD stays less volatile than many other pairs and moves within a relatively contained range, paced by the Fed's decisions and the MAS's half-yearly revisions. On the same topic, discover how to [repatriate funds to Singapore](https://www.ibani.com/en/guides/repatriate-funds-switzerland-singapore) and [prepare a move to Singapore](https://www.ibani.com/en/guides/moving-switzerland-singapore-visa-work-study). Written by [Brice Delhome](https://www.ibani.com/en/author/brice-delhome). Frequently asked questions ## Frequently asked questions about USD/SGD exchange There is no universally ideal day. The USD/SGD rate depends on the policy of the Fed (US Federal Reserve) and on the management of the Singapore dollar by the MAS (Monetary Authority of Singapore), which steers its currency via a basket of currencies. The pair moves within a relatively contained range. Monitor the real interbank rate continuously and trigger your exchange at the moment that suits you. Unlike most central banks that set an interest rate, the MAS (Monetary Authority of Singapore) conducts its monetary policy through the exchange rate. It lets the SGD float within a fluctuation band against a weighted basket of its trading partners' currencies (the S$NEER), which it adjusts to control imported inflation. The Singapore dollar is managed within a band by the MAS, which limits its abrupt swings against the US dollar. The USD/SGD therefore stays less volatile than many other pairs. It mainly reacts to the Fed's rate decisions, to the strength of the US dollar globally and to periodic revisions of the MAS policy. ibani applies a transparent margin from 0.40% to 0.15% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. It's up to 10× cheaper than a traditional bank. See the details on the [Rates](https://www.ibani.com/en/rates) page. ## Change your US dollars into Singapore dollars at the fair rate. Get a personal Swiss IBAN, convert your USD into SGD at the real rate (+ margin from 0.15%) and transfer with no hidden fees. Free account opening, 100% digital, in 5 minutes. [OPEN A FREE ACCOUNT](https://www.ibani.com/en/app) [ibani for cross-border workers](https://www.ibani.com/en/cross-border-workers) ✓ Real interbank rate  ·  ✓ Margin from 0.15%  ·  ✓ Affiliated with SO-FIT (SRO) \* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees. 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