SGD to UK Pound: Live Exchange Rate & Fee Comparison

If you’ve ever sent money from Singapore to the UK, you’ve probably noticed that the exchange rate you see on Google isn’t always the rate you get. That gap between the mid-market rate and what banks actually offer can cost you more than you’d expect.

1 SGD to GBP (mid-market rate): £0.5807 ·
Reverse rate (1 GBP to SGD): S$1.72 ·
5-year low (SGD vs GBP): £0.54 (2020) ·
5-year high (SGD vs GBP): £0.62 (2022) ·
Most common transfer fee (banks): 2–4% above mid-rate

The range shows that the exchange rate is anything but static: timing alone can shift the value of your transfer by over 10%.

What is the current SGD to GBP exchange rate?

How to check the live mid-market rate

• The mid-market rate is the benchmark used by interbank markets. As of writing, 1 SGD equals 0.5807 GBP according to XE, real-time data provider.
• Wise shows the same rate: 1 SGD = 0.5807 GBP (Wise, specialist remittance platform).
• OFX reports 1 SGD = 0.580349 GBP (OFX, foreign exchange provider).

You can check the live rate on any of these platforms. The number you see is the rate at which banks trade among themselves — the same rate Google uses.

Why rates differ between Google and banks

When you search “SGD to GBP” on Google, you get the mid-market rate. But if you walk into a bank or use a traditional transfer service, the rate you actually receive is typically 2–4% worse. Global Finance Calculators, currency comparison site notes that traditional banks add a 1–3% markup, while specialist services like Revolut and Wise use the true mid-market rate with a small transparent fee.

The implication: Always check the rate you’re quoted against the mid-market rate. The difference is your real cost.

How many Singapore dollars are in 1 pound?

Reciprocal conversion table (1–100 GBP in SGD)

Here is how the pound stacks up against the Singapore dollar across common amounts.

You.co, Singapore-based financial comparison site confirms that 1 GBP = S$1.71 as of mid-2025, with small fluctuations. If you’re planning to spend 1,000 GBP in the UK, it would cost about S$1,713 at the mid-market rate.

The pattern: The pound has held a consistent advantage over the SGD for years, but the gap has narrowed since 2022.

What is a good SGD to GBP exchange rate?

Factors that affect whether a rate is ‘good’

• Mid-market context: Rates near 0.58–0.59 are considered average historically. Above 0.60 is strong for the SGD.
• Provider markup: A “good” rate is one that is close to the mid-market rate. Revolut, digital banking app lists 1 SGD = 0.57 GBP and charges no FX fees within allowances.
• Transfer size: For larger amounts, even a 0.5% difference matters. Use a provider that offers a locked rate.

Historical context: 5-year range (0.54–0.62)

Over the past five years, the SGD to GBP rate has traded between 0.54 (March 2020) and 0.62 (August 2022). OFX, foreign exchange specialist data shows that the average rate over this period is roughly 0.58. If you can lock in a rate above 0.60, you’re getting a historically strong Singapore dollar.

The trade-off: Chasing the best rate isn’t always worth the delay if you need the money to arrive quickly. Balance your timing with your urgency.

Is the Singapore dollar a strong currency?

Global ranking of SGD vs major currencies

The Singapore dollar is one of the strongest Asian currencies. According to the Bank for International Settlements, global financial authority, SGD ranks as the 10th most traded currency worldwide. It is managed by the Monetary Authority of Singapore (MAS) against a basket of currencies, not just the GBP.

Why MAS keeps SGD stable

MAS uses a managed float system, allowing the SGD to appreciate or depreciate gradually against a trade-weighted basket. This stability attracts investors and keeps inflation in check. The result is that SGD tends to be less volatile than currencies like the Australian dollar or the Thai baht.

The implication: For someone converting SGD to GBP, the Singapore dollar’s strength means you generally get more pounds per dollar than you would with most other Asian currencies — but the pound’s historical edge still gives UK recipients more purchasing power.

How to convert SGD to GBP without hidden fees?

Steps to use Wise or mid-market tools

1. Open Wise, transparent fee structure and enter the amount you want to send.
2. Check the mid-market rate displayed — it’s the same as the Google rate but without markup.
3. Review the total fee (shown clearly before you confirm). For 1,000 SGD, the fee is typically around S$3.61, and the exchange rate is the true mid-market rate (CashChanger, remittance comparison).
4. Lock in the rate if you’re happy — CurrencyTransfer, rate-lock service lets you fix the rate once booked.
5. Send the money. Transfers usually arrive within 1–2 business days.

Beware of poor bank rates and markup

You.co, Singapore finance comparison site estimates that using a credit card for SGD to GBP spending abroad results in an effective rate of about 0.565 — a 3.25% loss compared to the mid-market rate. Even UK banks typically add 2–4% markup on inbound transfers.

The pattern: The cheapest option is a specialist remittance service that uses the mid-market rate with a small, upfront fee. Banks are convenient but expensive for anything over a few hundred dollars.

SGD to GBP forecast: Will SGD get stronger in 2026?

USD/SGD influence on GBP/SGD cross rate

The GBP/SGD rate is heavily influenced by the USD/SGD pair and the USD/GBP pair. Because the SGD is closely tied to the US dollar via MAS’s basket, any shift in US interest rates affects the cross rate. Reuters, global news agency analysts expect the SGD to remain stable in 2026, with the GBP/SGD rate likely staying within the 1.65–1.80 range.

Analyst predictions (consensus from Reuters, Bloomberg)

No one has a crystal ball, but the consensus is that the SGD will not weaken dramatically. The MAS’s policy of gradual appreciation, combined with Singapore’s strong trade surplus, supports the currency. Bloomberg, financial data provider surveys show that most analysts expect the GBP/SGD pair to trade between 1.68 and 1.75 through 2026.

The trade-off: If you’re holding SGD and planning to convert to GBP in the next year, waiting for a rate above 0.60 is optimistic but possible. The safer bet is to use a provider that lets you lock in the rate when you’re satisfied.

“The MAS manages the Singapore dollar against a basket of currencies, not just the British pound. That means the SGD’s strength is determined by a weighted average of trade partners, not by any single currency.”

Monetary Authority of Singapore, central bank regulator

“We use the real mid-market rate and add a low, transparent service fee. There is no hidden markup in the exchange rate.”

Wise, transparency commitment

For anyone sending money from Singapore to the UK, the choice is clear: use a specialist remittance service that shows both the mid-market rate and the fee upfront. Banks and credit cards cost you 2–4% in hidden markup — that’s £20 to £40 on every £1,000 sent. Switching to a transparent provider is the single most effective way to keep more of your money.

Frequently asked questions