Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Singapore dollar Markets

SGD Currency Update - Our review of Singapore dollar forecasts and news plus charts and historic rates. Check SGD Trends over various time periods.

 

Singapore dollar (SGD) Market Update

The Singapore Dollar (SGD) faces a challenging outlook following the announcement of a 10% tariff on imports from Singapore by U.S. President Donald Trump, part of an escalating trade conflict involving major global economies. This latest development has heightened concerns about a global trade war, adversely impacting regional currencies, including the SGD.

Analysts note that emerging Asian currencies, including the SGD, have experienced declines amid rising fears surrounding trade tensions. Over the past week, other currencies in the region, such as the Thai baht and South Korean won, have each slid around 2%, signaling a broad withdrawal of risk appetite among investors. As central banks across Asia lower interest rates to stimulate economic growth, the positive momentum seen earlier this year has begun to unravel.

Despite these challenges, Singapore’s currency has some mitigating factors. The United States is Singapore’s largest trading partner, accounting for 15% of the city-state’s total trade, which may provide some insulation from the broader trade war impacts compared to other nations. The Monetary Authority of Singapore (MAS) actively manages the SGD’s value against a basket of currencies representing its major trading partners, emphasizing the currency's importance in the domestic economic landscape.

Recent price data for the SGD shows it trading at 0.7775 to the USD, a notable 2.2% above its three-month average of 0.7607, with fluctuations contained within a stable 5.4% range. Conversely, the SGD to EUR is at 0.6807, slightly below its three-month average, while the SGD to GBP recently reached 30-day lows around 0.5736, just 0.6% lower than its three-month average. Additionally, the SGD to JPY has been trading at 110.9, near its three-month average, having remained in a stable range.

Given the unfolding scenario, economic experts advise vigilance for volatility in currency pairs involving the SGD amidst ongoing trade negotiations and potential further policy changes. This environment may necessitate businesses and individuals engaged in international transactions to evaluate their strategies and consider timing to optimize currency exchange rates.

 

Singapore dollar to US dollar - SGD/USD Trend

 
SGD to USD at 0.7775 is 2.2% above its 3-month average of 0.7607, having traded in a quite stable 5.4% range from 0.7388 to 0.7787
|
 
1 SGD =
0.7787We compare provider deals to this wholesale mid-market rate. Read more
USD
 
+0.3%
 
Track Rate

View My Rate Tracker

   
 

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

Loading exchange rates...

   
   
   
   
  

Top SGD Rates


Singapore dollar to US dollar
SGDUSD 90 day chart

SGD to USD at 0.7775 is 2.2% above its 3-month average of 0.7607, having traded in a quite stable 5.4% range from 0.7388 to 0.7787
SGD to USD
0.7787
+0.3%

Singapore dollar to Australian dollar
SGDAUD 90 day chart

SGD to AUD is at 7-day lows near 1.1975, near its 3-month average, having traded in a quite stable 5.3% range from 1.1776 to 1.2403
SGD to AUD
1.1958
-0.2%

Singapore dollar to Malaysian ringgit
SGDMYR 90 day chart

SGD to MYR at 3.3021 is just below its 3-month average, having traded in a very stable 3.3% range from 3.2593 to 3.3654
SGD to MYR
3.2938
+0.3%

Singapore dollar to Indian rupee
SGDINR 90 day chart

SGD to INR is at 90-day highs near 66.80, 2.5% above its 3-month average of 65.19, having traded in a quite stable 5.2% range from 63.51 to 66.80
SGD to INR
66.82
+0.5%
90d-highs

Singapore dollar to Thai baht
SGDTHB 90 day chart

SGD to THB at 25.34 is just below its 3-month average, having traded in a very stable 3.9% range from 24.82 to 25.78
SGD to THB
25.30
+0.1%

Singapore dollar to South Korean won
SGDKRW 90 day chart

SGD to KRW at 1060 is 2.1% below its 3-month average of 1083, having traded in a very stable 3.8% range from 1059 to 1099
SGD to KRW
1,056.2
-0.8%

Singapore dollar to Philippine peso
SGDPHP 90 day chart

SGD to PHP at 43.33 is just 0.8% above its 3-month average of 42.97, having traded in a very stable 2.4% range from 42.39 to 43.40
SGD to PHP
43.30
+0.3%
30d-highs

A-Z


Singapore dollar to Australian dollar
SGDAUD 90 day chart

SGD to AUD is at 7-day lows near 1.1975, near its 3-month average, having traded in a quite stable 5.3% range from 1.1776 to 1.2403
SGD to AUD
1.1958
-0.2%

Singapore dollar to Canadian dollar
SGDCAD 90 day chart

SGD to CAD is at 30-day lows near 1.0634, just below its 3-month average, having traded in a very stable 3.3% range from 1.0506 to 1.0851
SGD to CAD
1.0635
30d-lows

Singapore dollar to Swiss franc
SGDCHF 90 day chart

SGD to CHF is at 30-day lows near 0.6357, 1.0% below its 3-month average of 0.6424, having traded in a relatively stable 7.4% range from 0.6176 to 0.6635
SGD to CHF
0.6378
-0.5%
30d-lows

Singapore dollar to Chinese yuan
SGDCNY 90 day chart

SGD to CNY at 5.5865 is 1.3% above its 3-month average of 5.516, having traded in a quite stable 4.9% range from 5.3966 to 5.6630
SGD to CNY
5.5895
+0.2%
14d-highs

Singapore dollar to Euro
SGDEUR 90 day chart

SGD to EUR at 0.6807 is just below its 3-month average, having traded in a quite stable 4.5% range from 0.6659 to 0.6956
SGD to EUR
0.6814
-0.2%
30d-lows

Singapore dollar to British pound
SGDGBP 90 day chart

SGD to GBP is at 30-day lows near 0.5736, just 0.6% below its 3-month average of 0.5771, having traded in a very stable 2.5% range from 0.5685 to 0.5829
SGD to GBP
0.5736
30d-lows

Singapore dollar to Hong Kong dollar
SGDHKD 90 day chart

SGD to HKD at 6.0990 is 3.0% above its 3-month average of 5.9219, having traded in a relatively stable 6.3% range from 5.7414 to 6.1035
SGD to HKD
6.1102
+0.3%
90d-highs

Singapore dollar to Indonesian rupiah
SGDIDR 90 day chart

SGD to IDR at 12671 is just 0.6% above its 3-month average of 12595, having traded in a quite stable 5.7% range from 12208 to 12898
SGD to IDR
12,664
14d-highs

Singapore dollar to Indian rupee
SGDINR 90 day chart

SGD to INR is at 90-day highs near 66.80, 2.5% above its 3-month average of 65.19, having traded in a quite stable 5.2% range from 63.51 to 66.80
SGD to INR
66.82
+0.5%
90d-highs

Singapore dollar to Japanese yen
SGDJPY 90 day chart

SGD to JPY is at 7-day lows near 110.9, near its 3-month average, having traded in a quite stable 5.3% range from 108.0 to 113.7
SGD to JPY
111.42
-0.7%

Singapore dollar to Malaysian ringgit
SGDMYR 90 day chart

SGD to MYR at 3.3021 is just below its 3-month average, having traded in a very stable 3.3% range from 3.2593 to 3.3654
SGD to MYR
3.2938
+0.3%

Singapore dollar to Philippine peso
SGDPHP 90 day chart

SGD to PHP at 43.33 is just 0.8% above its 3-month average of 42.97, having traded in a very stable 2.4% range from 42.39 to 43.40
SGD to PHP
43.30
+0.3%
30d-highs

Singapore dollar to Pakistani rupee
SGD to PKR at 219.3 is 2.6% above its 3-month average of 213.7, having traded in a relatively stable 6.2% range from 206.7 to 219.6
SGD to PKR
219.58
-0.1%
90d-highs

Singapore dollar to Qatari rial
SGD to QAR at 2.8337 is 2.2% above its 3-month average of 2.7719, having traded in a quite stable 5.5% range from 2.6944 to 2.8419
SGD to QAR
2.8378
+0.2%
90d-highs

Singapore dollar to Saudi riyal
SGDSAR 90 day chart

SGD to SAR at 2.9161 is 2.2% above its 3-month average of 2.8534, having traded in a quite stable 5.3% range from 2.7735 to 2.9205
SGD to SAR
2.9205
+0.3%
90d-highs

Singapore dollar to Thai baht
SGDTHB 90 day chart

SGD to THB at 25.34 is just below its 3-month average, having traded in a very stable 3.9% range from 24.82 to 25.78
SGD to THB
25.30
+0.1%

Singapore dollar to New Taiwan dollar
SGDTWD 90 day chart

SGD to TWD at 23.29 is 3.6% below its 3-month average of 24.15, having traded in a fairly volatile 10.0% range from 22.62 to 24.88
SGD to TWD
23.29
+0.1%
14d-highs

Singapore dollar to US dollar
SGDUSD 90 day chart

SGD to USD at 0.7775 is 2.2% above its 3-month average of 0.7607, having traded in a quite stable 5.4% range from 0.7388 to 0.7787
SGD to USD
0.7787
+0.3%

Singapore dollar to Vietnamese dong
SGD to VND is at 90-day highs near 20281, 3.2% above its 3-month average of 19648, having traded in a relatively stable 6.6% range from 19033 to 20281
SGD to VND
20,304
+0.4%
90d-highs