Singapore dollar (SGD) market outlook and exchange rates

SGD Market Update

13 Aug 2026 • 00:29 GMT

SGD/USD 0.7813

The Singapore dollar (SGD) remains relatively steady against the US dollar, currently at around 0.7813. This level is only about half a percent above its three-month average of 0.7774, reflecting cautious stability amid a volatile USD environment.

US dollar strength is supported by expectations of Federal Reserve tightening and ongoing risk-off sentiment affecting global markets. The USD continues to hold near resistance levels, with potential for further gains if US inflation data and Fed signals reinforce hawkish policy views.

In contrast, the SGD has shown resilience despite external pressures. The pair remains range-bound, with minor upward moves depending on US economic developments. External factors, including US inflation figures and potential MAS policy decisions later this year, will influence future moves.

Meanwhile, the SGD has traded near 14-day highs against the euro and touched 90-day highs versus the Swiss franc, suggesting some regional strength. The currency remains stable against other major pairs, reflecting Singapore’s steady economic outlook. Overall, the SGD is likely to stay within its recent range unless significant US or global developments shift market sentiment.