Wondering when’s a good time to exchange SGD to USD on YouTrip? Here’s our guide to securing the best SGD to USD rate! 🇺🇸

In this guide, we’ll explore where to find the best SGD to USD rates in Singapore, tips on making payments in the US, and answer various other essential payment-related questions. Keep reading to plan a hassle-free trip to the States!

1. What’s the SGD to USD exchange rate today?

As of 24 March 2025, the SGD to USD exchange rate stands at approximately 1 SGD = 0.7476 USD. Over the past six months, the exchange rate has declined by 4.11%, reflecting a loss of 0.0320 USD per SGD. 📉

The SGD – USD exchange rate has experienced a downward trend from late 2024, reaching its lowest point around early 2025 before showing signs of recovery. Despite recent fluctuations, the Singapore Dollar remains relatively stable against the US Dollar.

If you’re planning a trip to the US, we’d recommend monitoring the rates and making your currency exchange when its favourable! 🔎

💡 Tip: Use YouTrip’s in-app money changer to convert your SGD to AUD in advance and avoid unfavourable fluctuations during your trip! Lock in the best rates with 0% markups today.

2. Where can I get the best SGD to USD exchange rate in Singapore?

Surprise! The best rates aren’t at money changers or banks. To get the best SGD to USD rate, consider using a multi-currency card like YouTrip!

Here’s why you should use a YouTrip card:

• Competitive rates: Enjoy competitive wholesale exchange rates with no inflated markups when you pay with your YouTrip card! 💳 Fun fact: Banks typically mark up mid-market rates and sneak in extra fees, leaving you with less to spend. With YouTrip, you get direct wholesale rates with zero extra charges – that basically means more US Dollars for every Singapore Dollar! 🚀

• No hidden fees: Unlike typical credit cards, YouTrip doesn’t charge users additional conversion or transaction fees. While these fees may seem insignificant (fun fact: credit cards charge an average of 2 – 3% fees per overseas transaction), they can really add up with every payment you make 📈

• Ultimate convenience: Skip the queues at money changers! Just pay with your YouTrip card for the best rates – you can also use it to withdraw cash at ATMs worldwide 💵

• Safety & security: YouTrip is fully licensed and regulated by the Monetary Authority of Singapore (MAS). ☑️ Carry less cash and enjoy enhanced security features with your YouTrip card. 

3. How do I use YouTrip to lock in the best USD rates?

In a nutshell, YouTrip works to “unpinch” your wallet – so you don’t need to worry about losing money from exchange rate margins. Here’s how you can lock in the best USD rates with zero fees:

✅  Simply top up the desired amount of SGD you wish to change to USD in your YouTrip wallet

✅  Tap on the exchange icon in your YouTrip app and YouTrip will do all the work with Smart Exchange™

✅  You’ll see the major currencies available for real-time currency exchange and conversion – go ahead and pick out USD!

✅ And just like that, you’ve locked in the best USD rates all day with zero fees!

4. How to pay in the United States?

Paying in the United States as a tourist is straightforward and easy, as the country widely supports cashless transactions while still accepting cash. Here are the most common payment methods in the US:

• Debit & credit cards: Cards by issuers like Mastercard and Visa are widely accepted in retail stores, restaurants, hotels, and even small businesses. Some places may impose a fee for using credit cards, so it’s good to check before paying.
• Prepaid cards: Prepaid travel cards like YouTrip work anywhere Mastercard is accepted, and can help you avoid high foreign transaction fees. 🤓
• Mobile wallets: Apple Pay, Google Pay, and Samsung Pay are commonly accepted as tap-and-go payments at many locations.
• Cash: While cashless payments are dominant, cash is still useful for tipping, small vendors, and certain businesses that may have minimum spend requirements for card payments.

5. Do I need cash in the United States?

While cash isn’t really necessary when travelling in the US, carrying a small amount of cash can still be useful. Here’s why you might need cash in the US:

• Tipping 💵: While most places allow you to add a tip to your card payment, some service workers may prefer cash tips!
• Small businesses & street vendors 🍎: Small businesses such as food trucks, farmers’ markets, or smaller restaurants may still prefer cash or have minimum spend requirements for card payments.
• Public transport & taxis 🚌: You can use your regular card to ride trains, subways, and buses in most major US cities, including New York City, Los Angeles, and San Francisco. However, some cities still require a local transit card or pre-purchased tickets. Most taxis accept card payments too, except at smaller cities or rural areas.

6. Can I use my Singaporean debit or credit card in the US?

Yes! Most Singapore-issued debit and credit cards work in the US, especially if they’re issued by Mastercard or Visa. Here are some helpful tips for using cards in the US:

• Watch out for foreign transaction fees – Some merchants in the States may apply a surcharge for card payments, particularly for credit cards. These surcharges are typically disclosed at the point of sale.
• Watch out for DCC (Dynamic Currency Conversion) – Always choose to be charged in USD instead of SGD to avoid bad exchange rates.
• Opt for a multi-currency card – Skip hefty fees and poor exchange rates by using a multi-currency card like YouTrip. With Wholesale Exchange Rates and zero hidden fees, you’ll get to enjoy smarter spending and avoid post-trip bill surprises! 👀

7. Can YouTrip be used in the US?

YouTrip is a prepaid Mastercard, and can be used seamlessly in the US with no foreign transaction fees. It’s perfect for contactless payments, online bookings, and ATM withdrawals.

8. Can I withdraw cash in the US?

Yes, you can! Most ATMs in the US accept international cards. Here are some handy tips for withdrawing cash in the United States:

• ✅ Check your card’s terms – regular bank-issued cards typically charge 1 – 3% per cash withdrawal
• ✅ Use major bank ATMs (e.g. Bank of America, Chase, Wells Fargo, Citibank) for lower fees and better rates
• ✅ Avoid standalone, independent ATMs in gas stations, bars, casinos, and convenience stores – these ATMs tend to charge higher fees
• ✅ Withdraw larger amounts at once to minimize per-transaction fees
• ✅ Withdraw cash with a multi-currency card like YouTrip for favourable rates!

💡 Pro tip: Enjoy free* ATM withdrawals of up to S$400 in foreign currency per calendar month with your YouTrip card! 🆓 A 2% fee will be imposed thereafter.

Secure the best USD rates with YouTrip!

We hope this guide helps you prepare for your trip to the US! By understanding the SGD to USD exchange rate, knowing where to get the best rates for exchanging your US Dollars, and choosing the right payment methods, you’re set for a smooth and hassle-free trip.

As Singapore’s favourite multi-currency wallet, we aim to get those pesky fees out of the way and help you save on your travels. With the best foreign exchange rates, no longer will you have to deal with those long queues at money changers ✨ Head over to your YouTrip app and make the switch from SGD to USD with zero fees and no markups!

💜 Looking for a go-to travel card? Sign up for your complimentary YouTrip card today with <YTBLOG5> and get FREE S$5 in your account!

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And while you’re at it, why not join the conversation with thousands of #YouTroopers in our very own Community Telegram Group @YouTripSquad? Get tips and tricks to everything YouTrip including exclusive invites to exciting events and experiences, & be part of the #YouTripSquad! 💜

Stay safe, and happy travels!

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• How to send money to the USA from Singapore
• Tourist traps & scams in the US to watch out for
• Best beginner-friendly national parks in the US

More currency exchange guides! 🤑

• How to get the best SGD to MYR rates 🇲🇾
• How to get the best SGD to KRW rates 🇰🇷
• How to get the best SGD to CNY rates 🇨🇳
• How to get the best SGD to THB rates 🇹🇭
• How to get the best SGD to JPY rates 🇯🇵
• How to get the best SGD to AUD rates 🇦🇺
• How to get the best SGD to NZD rates 🇳🇿

_{*All currency conversion rates are accurate to the nearest 10 cents on 12 July 2022 SGT 3.10 PM. Bank card prices are calculated based on 3.25% foreign currency transaction fee.}