SGD to TWD Forecast & Outlook
14 Mar 2026 • 01:07 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- 3-month trend: 🟢 Uptrend
- Expected range: 24.6510 – 25.0900
- Dominant driver: 🌍 Global risk sentiment
In the near term, SGD/TWD is trading close to 90-day highs near 25.09, well above its 3-month average of 24.68. The pair is supported by risk-off conditions and regional safe-haven flows, with the Singapore dollar under safe-haven demand. Current conditions suggest the pair may face downward pressure if risk sentiment improves, but the overall trend remains cautious.
💸 Transfer implications
- Expats: sending money to Taiwan may find conversions less favourable than recent levels.
- Travellers: buying TWD with SGD could face lower exchange rates.
- Businesses: paying TWD invoices with SGD may see costs reduced slightly but could face pressure if the pair weakens.
🧭 Key drivers
- Rate gap: SGD is supported by central bank efforts and yield considerations, maintaining a firm approximate position.
- Risk/commodities: Safe-haven flows driven by regional tensions and oil prices continue to support the SGD.
- Global factors: Global risk-off sentiment and stability in regional safe-havens drive the pair.
⚠️ What could change it
- Upside risk: Improvement in regional risk sentiment or stability could weaken safe-haven demand for SGD.
- Downside risk: Persistent risk aversion or global turbulence might keep SGD supported and pressure TWD.
BER suggests comparing FX providers to help offset less favourable exchange conditions and reduce transfer costs.
