SGD to TWD Forecast & Outlook
02 May 2026 • 01:14 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- Expected range: 24.6510 – 25.0900
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend: ⚪ Range-bound
Currently, SGD/TWD is trading near 14-day highs close to its 3-month average, supported by risk-off sentiment and geopolitical tensions. Over the next few sessions, the pair may remain supported but could face pressure if risk sentiment improves, leading to a weaker Singapore Dollar.
💸 Transfer implications
- Expats: sending money to Taiwan may find current levels relatively favourable but could see less support if the pair declines.
- Travellers: buying New Taiwan Dollar cash might benefit from current support but should watch for potential strengthening.
- Businesses: paying Taiwan invoices in SGD may experience less advantageous exchange rates if the pair weakens further.
🧭 Key drivers
- Rate gap: The policy and yield gap between Singapore and Taiwan remain narrow, with Singapore’s monetary policy supporting stability.
- Risk/commodities: Risk-off conditions favor safe-haven assets, pressuring risk-sensitive currencies like SGD.
- Global factors: Geopolitical tensions continue to influence safe-haven flows and market sentiment.
⚠️ What could change it
- Upside risk: A decrease in geopolitical tensions or risk sentiment improvement could strengthen the Singapore Dollar.
- Downside risk: Rising safe-haven demand or sharp risk-off shifts could deepen SGD weakness in the short term.
BER suggests comparing FX providers as current market conditions may be less favourable for conversions. Finding providers with lower margins can help reduce overall transfer costs.