Switch

AUD to SGD Forecasts

Forecasts and predictions for the AUD/SGD exchange rate change all the time, affected by news events and relative sentiment towards the Australian and Singapore economies. This continually updated article has any recent AUD to SGD bank forecasts, recent trends and historic rates for both currencies.

Australian dollar to Singapore dollar in 2020/21

Into 2021 AUD/SGD forecasts are primarily influenced by the perceived relative coronavirus impact on economies and the success of government’s response to the pandemic, both fiscally and in monetary policy.

As we start the the new year AUD/SGD is up over 8 percent since the start of 2020 and an impressive 18 percent since the depths of pandemic despair in March.

This is great news for individuals or businesses sending money to Singapore. However it is less so for any Australian expats living and earning in Singapore and sending money home to pay for an AU dollar mortgage. Also Singaporean students funding their Australian education will also be feeling the pinch of the weaker purchasing power of SGD in Australia.

 

AUDSGD Trend & Alerts

AUDSGD at 1.0255 is 2.9% above its 90-DAY average, range 0.9595-1.0301.
|
Australian Dollar to Singapore Dollar
Invert Rate
SELL SGD / BUY AUD

Overall, it was a poor to mixed 2020 for the Singapore dollar, with a 9 percent drop against the euro and 8 percent versus the Australian dollar, but small gains (2 percent) against the US dollar and steady to the pound.

With the AUD continuing to enjoy higher highs and higher lows, our bias is for the AUD to enjoy further gains into 2021 on the back of USD weakness.  

You can read more about Aussie and Sing dollar forecasts in articles AUD Trends and Forecasts and SGD Trends and Forecasts .

 

AUD to SGD Exchange Rates – Compare and Save

 

What is a good AUD to SGD exchange rate?

Whether the Singapore dollar will rise or drop in the future versus the Australian dollar is a difficult question and the answer really depends on many factors. The best way to consider the current AUD-SGD relative value is to check the change in the exchange over a range of periods to the present day. The below table does this for periods going back 10 years.

AUD/SGDChangePeriod
1.0288
12 Jan 2021
0.6% ▼1 Week
1.0102
20 Dec 2020
1.3% ▲30 Days
0.9629
21 Oct 2020
6.2% ▲90 Days
0.9259
20 Jan 2020
10.5% ▲1 Year
1.0038
21 Jan 2016
1.9% ▲5 Years
1.2703
22 Jan 2011
19.5% ▼10 Years

AUD/SGD 10 year historic rates & change to 19-Jan-2021 : 1.0230

 
Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.