Wondering when’s a good time to make a currency exchange from SGD to USD on your YouTrip app? Let this be your sign!

As of 15 August 2024, at the time of writing, the SGD to USD exchange rate is 1 SGD to 0.76 USD on Google and 1 SGD to 0.7590 USD on YouTrip! For context, the last time the USD rates were this good was last year in 2023.

Image Credits: Google

So, if you ever thought of making a trip down to the U.S., the time is now! Soak in the iconic skyline of New York City, bathe in the sun-soaked beaches of California, or explore the Grand Canyon! The world is your oyster and this is your sign.

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1 SGD to USD: How’s It Going?

Fig A:

Image credits: Trading Economics

Fig B:

Image credits: Monetary Authority of Singapore

First of all, let’s break down both Fig A and Fig B. Fig A describes the general journey of the USD across the last year, up to August 2024 — showing that as of 15 Aug 2024, 1 USD is exchangeable for 1.31723 SGD.

Similarly, in Fig B, you’re looking at the monthly average of 100 units of USD per SGD. While August’s monthly average is yet to be released, it is evident from Fig B that the USD has been slowly declining against the SGD since February 2024 (1.3446).

This leads us to our current rate at the time of writing — 1 SGD to 0.76 USD on Google and 1 SGD to 7590 USD on YouTrip.

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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 10 major currencies available for real-time currency exchange and conversion, but you can go ahead and pick out USD

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

1 SGD To USD: How To Capitalise On The USD Exchange Rate Now — YouTrip supports payments in over 150 currencies worldwide! Click here to view other supported currencies.

Secure The Best USD Rates With YouTrip!

And just like that, you’ve locked in the best USD exchange rates! Head over to your YouTrip app and make the switch from SGD to USD now! The same Wholesale Exchange Rates will be utilised when you exchange currency in-app. Moreover, exchanging currencies in over 150+ countries on YouTrip also comes with zero fees and markup!

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! So if you’re 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! For more great tips and articles like this, join our Telegram (@YouTripSG) and subscribe to our free weekly newsletter here or down below.  

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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_{*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.}