Compare today's SGD to PKR (Singapore Dollar to Pakistani Rupee) exchange rates
📈 Singapore to Pakistan Money Transfer Snapshot Today
- Best SGD to PKR exchange rate today: PKR 219.7198, offered by Regency FX
- Number of money transfer providers compared: 13
- Exchange rate range: PKR 203.8108 to PKR 219.7198
- Potential savings on SGD 1000: PKR 15,909.00
- Number of deals and promo codes: 3
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SGD to PKR exchange rate before providers add their margin or fees. exchange rate: 1 SGD = PKR 219.4274 (Updated about an hour ago)
See detailed Singapore to Pakistan money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 B2B transfers only
📢 Special exchange rate applied for first transfer
📢 B2B transfers only
📢 Special exchange rate applied for first transfer
📢 New! Cash pickup available
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's SGD-PKR exchange rates mean for you
Compare today's SGD-PKR exchange rates and send money from Singapore to Pakistan after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 13 providers that you can rely on for Singapore to Pakistan money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Singapore to Pakistan Providers
🥇 Regency FX with 1 SGD = 219.7198 PKR (best SGD to PKR exchange rate today).
🥈 Key Currency offering 1 SGD = 219.7198 PKR.
🥉 Currencyflow & Verto are also providing good FX rate today.
The exchange rate provided by these 13 providers ranges from PKR 203.8108 to PKR 219.7198. For a SGD 1000 money transfer from Singapore to Pakistan, that could mean up to PKR 15,909.00 saved on FX alone.
SGD-PKR exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final PKR payout that your recipient gets in Pakistan.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Singapore to Pakistan remittances.
🔄 Looking for the reverse corridor? Send money from Pakistan to Singapore instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Singapore.
👇 We also suggest looking beyond today's SGD-PKR exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst SGD-PKR exchange rate is crucial, historical data shows that transfer fees, SGD amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Singapore to Pakistan historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your PKR payout.
Data-driven cost insights for Singapore to Pakistan money transfers
When you send money internationally from Singapore to Pakistan, the key factors that will influence the overall cost of your transaction are:
- SGD-PKR exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum PKR payout for your overseas recipient in Pakistan.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Singapore to Pakistan, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Singapore to Pakistan money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 232 actual Singapore to Pakistan money transfers handled by 7 providers over the last 5 years (for a SGD 260 remittance benchmark).
This data-driven approach using real SGD-PKR transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Singapore to Pakistan money transfers
- Average total cost: 4.07% (range -3.43% to 12.59%, spread 16.02 percentage points)
- Potential payout difference: On a SGD 260 transfer, the above variation can save you up to SGD 41.65.
- Average FX markup: 2.52% (range -3.43%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 11.71%, spread 15.14 percentage points) - Average transfer fee: SGD 4.01 (range SGD 0.00 to SGD 11.79)
- Cheapest payment/delivery method combo: Bank Account Transfer → Cash Pickup (1.02% avg cost); most expensive is Cash → Cash Pickup (6.64%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 5.62% (SGD 14.61 on SGD 260 transfer).
- Market coverage: ~7 providers on average (competition level: moderate)
- Average speed: About 12 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Singapore to Pakistan money transfers.
📈 SGD to PKR exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Singapore to Pakistan money transfers is usually the single biggest factor that will determine your overall SGD cost and your recipient's PKR payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a SGD 260 money transfer benchmark, we see the following FX markup ranges for Singapore Dollar to Pakistan transfers:
- Average markup: 2.52%
- Median markup: 1.25%
- Lowest markup: -3.43%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 11.71%
That is a spread of 15.14 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a SGD 260 transfer, the above markup range is equivalent to roughly PKR 39.36 purely from differences in the exchange rate. That incremental saving increases to PKR 97.65 for a SGD 645 transfer.
🛠️ How to use this insight: When comparing providers for Singapore to Pakistan remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
SGD to PKR exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Singapore to Pakistan remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Singapore Dollar reaches your recipient in Pakistan.
Based on data from last 5 years, we notice the below about Singapore Dollar to Pakistan money transfer fees:
- Average fee: SGD 4.01
- Median fee: SGD 3.00
- Lowest fee: SGD 0.00
- Highest fee: SGD 11.79
The average fee amount of SGD 4.01 noted above represents 1.54% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by SGD 11.79.
🛠️ How to use this insight: For your next money transfer from Singapore to Pakistani Rupee, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for SGD-PKR remittances
Based on our detailed analysis of historical Singapore to Pakistan data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Pakistan from Singapore:
- Bank Account Transfer: 1.20%
- Debit Card: 3.27%
- Credit Card: 4.42%
- Cash: 6.64%
That is a total spread of 5.43 percentage points.
This means that on a SGD 260 transfer, you could save up to SGD 14.13 simply by choosing the best priced payment method.
These savings will only multiply for higher SGD amounts.
Here is the average cost of popular delivery methods used to send money from Singapore to Pakistan:
- Mobile Wallet: 1.58%
- Bank Deposit: 2.36%
- Cash Pickup: 5.20%
The cost difference between the above delivery methods is 3.62 percentage points.
Once again, this means that you could save up to SGD 9.41 on a SGD 260 transfer to Pakistan by choosing Mobile Wallet versus Cash Pickup.
As you can imagine, the possible combinations of Singapore payment methods and Pakistan delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Singapore to PKR money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Bank Account Transfer | Cash Pickup | 1.02 |
| Bank Account Transfer | Bank Deposit | 1.19 |
| Bank Account Transfer | Mobile Wallet | 1.58 |
| Credit Card | Mobile Wallet | 1.58 |
| Debit Card | Mobile Wallet | 1.58 |
| Debit Card | Bank Deposit | 2.08 |
| Credit Card | Bank Deposit | 3.59 |
| Debit Card | Cash Pickup | 4.17 |
| Credit Card | Cash Pickup | 5.15 |
| Cash | Cash Pickup | 6.64 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these SGD-PKR payment and delivery options is significant. Here are some observations:
- Bank Account Transfer → Cash Pickup has the lowest average cost at 1.02%.
- Cash → Cash Pickup has the highest average cost at 6.64%.
- Bank Account Transfer → Cash Pickup average cost is 5.62 percentage points lower than that of Cash → Cash Pickup.
- This means that on a SGD 260 money transfer, you could save up to SGD 17.25 simply by choosing the best payment and delivery method combo.
- Further, on a SGD 645 money transfer, the savings increase to SGD 42.80.
Here is a quick summary of the average historical cost of various payment and delivery methods for SGD to Pakistan money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Bank Account Transfer averaged 1.20%, compared to 6.64% for Cash, a difference of 5.43 percentage points.
- Cheapest delivery method: Mobile Wallet averaged 1.58%, compared to 5.20% for Cash Pickup (3.62 percentage points higher).
- Cheapest combo: Bank Account Transfer → Cash Pickup averaged 1.02%, which is 5.62 percentage points lower than Cash → Cash Pickup (6.64%).
🛠️ How to use this insight: As you compare money transfer providers for your next Singapore to Pakistan international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Singapore to Pakistan remittances by carefully choosing the most economical payment and delivery methods.
📊 Does sending more money reduce the cost of SGD-PKR money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending SGD 260 vs SGD 645 from Singapore to Pakistan.
We found that sending a higher amount (SGD 645) tends to be cheaper - average cost drops from 4.07% to 3.62%, a reduction of 0.44 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Singapore Dollar amounts to Pakistan, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Singapore to Pakistan remittance market?
Based on data from the last 5 years, SGD-PKR money transfers are provided on an average by 7 remittance companies. With around 7 providers serving this market, we consider the level of competition to be moderate.
The good news is that you can currently compare 13 providers on RemitFinder for SGD-PKR transfers. This is a higher number of money transfer companies to choose from as compared to prior years.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Singapore to Pakistan remittances.
⏱️ How fast are SGD-PKR money transfers?
If your recipient in Pakistan needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Singapore to Pakistan transfers when it comes to processing time:
- Average transfer time: About 12 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 144 hours (~6.0 days).
- Average speed at SGD 260: About 12 hours.
- Average speed at SGD 645: About 12 hours.
🛠️ How to use this insight: If you need to send money from Singapore to Pakistan in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Pakistan.
Singapore to Pakistan transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Singapore to Pakistan money transfers
These FAQs use data from RemitFinder's historical analysis of Singapore to Pakistan money transfers over several years.
What factors affect the total cost of sending money from Singapore to Pakistan?
The total cost of your SGD-PKR money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Singapore to Pakistan transfers?
Historical SGD to PKR exchange rate markup ranges from -3.43% to 11.71%, a spread of 15.14 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can SGD-PKR exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative SGD-PKR exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Singapore to Pakistan transfers?
Exchange rate markup ranges from -3.43% to 11.71% (a spread of 15.14 percentage points).
Transfer fees range from SGD 0.00 to SGD 11.79, which equals roughly 4.53% on a SGD 260.00 transfer.
At both SGD 260.00 and SGD 645.00, the exchange rate markup shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Singapore to Pakistan transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger SGD amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most PKR for your SGD.
How much can Singapore to Pakistan transfer costs vary between providers?
Historical transfer cost ranges from -3.43% to 12.59% for SGD transfers to Pakistan. That is a spread of 16.02 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -3.43% to 11.71% (a spread of 15.14 percentage points). Thus, even small differences in FX margin can have a big impact on the final PKR payout.
Why do various money transfer providers price SGD to Pakistan transfers differently?
If you send the same Singapore Dollar amount to Pakistan via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final PKR payout in Pakistan in a big way.
How stable are transfer costs in the Singapore to Pakistan corridor?
When we analyzed the historical total cost for SGD-PKR transfers, we observed a range from -3.43% to 12.59% (16.02 percentage points difference), along with a variability (standard deviation) of 3.24%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -3.43% to 11.71% (15.14 percentage points difference), with a standard deviation of 3.22%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your SGD-PKR transfers.
Which payment method is cheapest for Singapore to Pakistan remittances?
Bank Account Transfer is the cheapest payment method in Singapore based on its average cost at 1.20% (compared to Cash at 6.64%, a difference of 5.43 percentage points).
Based on this, we recommend paying for your SGD transfer with Bank Account Transfer, and avoiding Cash if possible.
Is Debit Card cheaper than Credit Card for Singapore to Pakistan transfers?
Debit Card is cheaper on average when sending money to Pakistan from Singapore since it costs 3.27% (compared to 4.42% for Credit Card payments, a difference of 1.15 percentage points).
As a result, we recommend that you avoid paying for your transfer to Pakistan with a Credit Card.
Which delivery method is cheapest for SGD-PKR money transfers?
Mobile Wallet is the cheapest delivery method in Pakistan as it costs 1.58% (compared to Cash Pickup at 5.20%, a spread of 3.62 percentage points).
If your recipient in Pakistan can accept Mobile Wallet, we recommend choosing it as your preferred delivery option for SGD-PKR transfers.
Is Bank Deposit cheaper than Cash Pickup for Singapore to Pakistan transfers?
Bank Deposit is cheaper for transfers to Pakistan given its 2.36% average cost (versus 5.20% for Cash Pickup, a difference of 2.83 percentage points).
To save more, consider choosing the cheapest delivery option for Pakistan.
What is the cheapest way to send money from Singapore to Pakistan?
We evaluated 10 payment and delivery method combinations for Singapore to Pakistan remittances.
Based on historical data, Bank Account Transfer → Cash Pickup is the cheapest combination with 1.01% cost.
At the other end of the spectrum, Cash → Cash Pickup is the most expensive combination at 6.64% cost. That is a difference of 5.62 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Singapore to Pakistan remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your SGD-PKR transfers.
Does sending more money reduce the cost for Singapore to Pakistan transfers?
Larger SGD-PKR transfers are cheaper on average.
The cost of a SGD 260 transfer averages 4.07% as compared to 3.62% for a SGD 645 transfer, a difference of 0.44 percentage points.
How long does it take to send money from Singapore to Pakistan?
Based on our analysis, the average transfer time for SGD-PKR transfers is 12 hours, with the fastest transfers completing in less than one hour and the slowest in 144 hours (~6.0 days).
Are instant transfers available from Singapore to Pakistan?
Yes, historical data shows that some transfers to Pakistan from Singapore can complete in less than one hour.
Note that the actual speed of your SGD-PKR transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
How competitive is the Singapore to Pakistan remittance market?
Based on historical data, the competition level in Singapore to Pakistan is considered moderate with 7 active providers.
Do I risk overpaying if I do not compare providers for Singapore to Pakistan?
Historically, total SGD-PKR transfer cost has varied by 16.02 percentage points. On a SGD 260 transfer, that can translate to SGD 41.65 in savings.
SGD-PKR exchange rate markup also varies across providers. The average markup spread has been about 15.14 percentage points. On a SGD 260 transfer, that could be SGD 39.36 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about SGD 11.79 across providers.
That is why comparing providers can materially change how much of the SGD you send does your recipient receive in Pakistan in Pakistan.
Latest SGD to PKR Conversion Rates
Here are some latest SGD to PKR (Singapore Dollar to Pakistani Rupee) exchange rates for popular conversion amounts*.
| 1 SGD | 219.43 PKR |
| 5 SGD | 1,097.14 PKR |
| 10 SGD | 2,194.27 PKR |
| 25 SGD | 5,485.69 PKR |
| 50 SGD | 10,971.37 PKR |
| 100 SGD | 21,942.74 PKR |
| 150 SGD | 32,914.11 PKR |
| 200 SGD | 43,885.48 PKR |
| 250 SGD | 54,856.85 PKR |
| 300 SGD | 65,828.22 PKR |
| 400 SGD | 87,770.96 PKR |
| 500 SGD | 109,713.70 PKR |
| 600 SGD | 131,656.44 PKR |
| 700 SGD | 153,599.18 PKR |
| 800 SGD | 175,541.92 PKR |
| 1000 SGD | 219,427.40 PKR |
| 1500 SGD | 329,141.10 PKR |
| 2000 SGD | 438,854.80 PKR |
| 2500 SGD | 548,568.50 PKR |
| 3000 SGD | 658,282.20 PKR |
| 4000 SGD | 877,709.60 PKR |
| 5000 SGD | 1,097,137.00 PKR |
| 10000 SGD | 2,194,274.00 PKR |
| 15000 SGD | 3,291,411.00 PKR |
| 20000 SGD | 4,388,548.00 PKR |
| 30000 SGD | 6,582,822.00 PKR |
| 40000 SGD | 8,777,096.00 PKR |
| 50000 SGD | 10,971,370.00 PKR |
| 100000 SGD | 21,942,740.00 PKR |
*Based on the Mid-market Exchange Rate
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1 Based on 232 pricing observations across 7 firms over the last 5 years for a SGD 260 money transfer from Singapore to Pakistan. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Singapore to Pakistan remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.