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DBS Exchange Rate |
DBS exchange rate is the rate on which the buying and selling between Singapore dollars and other foreign currencies is carried out. DBS provides the exchange rates of about 16 foreign currencies and these include most of major currencies like US dollars, euro, sterling pound, Australian dollars, Canadian dollars, Chinese Reminbi, Japanese Yen, New Zealand dollars, Danish Kroner, Hong Kong dollars, Indonesian Rupiah, Malaysian Ringgit, Norwegian Kroner, Swedish Kroner, Swiss Franc and Thai Baht. However the Indonesian Rupiah is available only for the telegraphic transfer (TT).
One can avail the detailed information of the exchange rate whether for buy or selling TT or OD through the website of the bank as they make it online. On the other hand, the rate information can also be obtained via phone at 1800-111 1111. If you want to see the foreign exchange rate online, you can visit the following link.
http://www.dbs.com/ratesonline/Pages/fxbra.aspx
DBS Exchange Rate Calculator
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DBS provides foreign currency fixed deposit calculator which allows the customers to calculate the total amount to be obtained at the end of the certain period depending on the principal that have placed into the account. Basically, the calculation is based on the prevailing exchange rate and they also provide the option to choose the currencies of your choice. The deposits can be made in any of the 11 foreign currencies which include US Dollar, Sterling Pound, Japanese Yen, Hong Kong Dollar, New Zealand Dollar, Australian Dollar, Canadian Dollar, Swiss Franc, Euro, Thai Baht and Indonesian Rupiah.
Moreover, this calculator or converter provides the information of the total amount of your FCFD account both in the Singapore dollar as well as the currency that you have made your place. For instance if you made a placement of USD 10,000 with the interest rate at 0.1450% for a period of 12 months and the total amount including the principal and interest would be 10,014.50 in USD or 12,709.94 in SGD. Therefore, this calculator helps in calculating such kind of calculation in any one of the currencies mentioned above. If you want to calculate your FCFD, you can use the calculator available on the following link.
http://www.dbs.com/sg/personal/webapp/calculator?type=fcfd
For further information about the DBS exchange rate history, you can refer the website of the bank.
Website: http://www.dbs.com/ratesonline
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