SGD to TWD Forecast & Outlook
20 Jun 2026 • 01:03 GMT
📊 Forecast snapshot
- Near-term bias: ⚪ Range-bound
- Expected range: 24.4600 – 24.8880
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend: ⚪ Range-bound
Currently, SGD/TWD is trading near 24.53, holding close to its 90-day average and within a very stable range. The dominant driver is risk sentiment, supported by the risk-on tone in global markets. Over the next few sessions, the pair may remain supported by stable risk conditions, but fluctuations could occur if risk appetite shifts.
💸 Transfer implications
- Expats: sending money to Taiwan may find current conditions more favourable than recent levels.
- Travellers: exchanging TWD could face stable or slightly supportive exchange rates.
- Businesses: paying TWD invoices from Singapore may see exchange conditions hold broadly steady.
🧭 Key drivers
- Rate gap: The policy rate gap remains limited, with the MAS maintaining a steady stance while TWD policy remains stable.
- Risk/commodities: Risk sentiment remains positive, supported by global risk-on conditions.
- Global factors: Safe-haven demand influences USD/SGD and TWD movements, supporting risk sentiment.
⚠️ What could change it
- Upside risk: A setback in risk appetite or a shift toward risk-off could pressure the pair lower.
- Downside risk: A sudden increase in risk appetite or stronger risk-on signals could support SGD/TWD.
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