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    Singapore dollar Exchange Update, Chart & History

    SGD Markets 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) faced a challenging start to May, hitting a five-month low against the US dollar due to the impact of rising US treasury yields and persistent inflation pressures in the US. However, the SGD managed to recover some ground against the USD later in the month, supported by softer US inflation data. The upcoming US inflation releases and statements from the Federal Reserve will likely continue to shape the direction of the SGD/USD pair in the near term.

    Looking ahead to June, the market sentiment for the USDSGD pair appears relatively stable, with FX analysts projecting subdued volatility if US economic indicators remain in line with expectations. The Monetary Authority of Singapore (MAS) is expected to maintain its current monetary policy stance, closely monitoring developments in the US economy before making any adjustments. Despite minor fluctuations, the SGD's value against major currencies has generally held within a narrow range, reflecting the MAS's active management against a basket of trading partners' currencies.

    In the context of Singapore's economic outlook, the MAS is expected to tread cautiously amid uncertainties in the global economic landscape. Singapore's GDP growth forecasts for 2024 remain at 1-3%, with policymakers anticipating headline and core inflation to average between 2.5-3.5% this year. While SGD currency pairs have shown some fluctuations, recent levels suggest a stabilizing trend, with the SGD to JPY hitting 90-day highs and other pairs trading within relatively stable ranges compared to their 3-month averages. As US economic data and the Fed's stance continue to influence market movements, Singapore remains watchful of external developments to navigate its currency's path in the coming months.

     

    Singapore dollar to US dollar - SGD/USD Trend

     
    SGD to USD at 0.7403 is near its 3-month average, having traded in a stable 1.6% range from 0.7324 to 0.7441
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    1 SGD =
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    Top SGD Rates


    Singapore dollar to US dollar

    SGD to USD at 0.7403 is near its 3-month average, having traded in a stable 1.6% range from 0.7324 to 0.7441
    SGD to USD
    0.7387
    +0.0%
    1M

    Singapore dollar to Australian dollar

    SGD to AUD is at 90-day lows near 1.1087, 1.3% below its 3-month average of 1.1241, having traded in a very stable 3.3% range from 1.1087 to 1.1450
    SGD to AUD
    1.1088
    -0.3%
    3M

    Singapore dollar to Malaysian ringgit

    SGD to MYR is at 7-day lows near 3.4840, just below its 3-month average, having traded in a stable 1.7% range from 3.4716 to 3.5305
    SGD to MYR
    3.4766
    -0.2%
    1W

    Singapore dollar to Indian rupee

    SGD to INR at 61.75 is near its 3-month average, having traded in a stable 1.5% range from 61.15 to 62.06
    SGD to INR
    61.78
    +0.1%
    2W

    Singapore dollar to Thai baht

    SGD to THB at 27.15 is just above its 3-month average, having traded in a very stable 2.2% range from 26.68 to 27.26
    SGD to THB
    27.17
    +0.0%
    2W

    Singapore dollar to South Korean won

    SGD to KRW at 1023 is 1.2% above its 3-month average of 1011, having traded in a very stable 3.0% range from 993.8 to 1024
    SGD to KRW
    1027.5
    +0.2%

    Singapore dollar to Philippine peso

    SGD to PHP is at 7-day highs near 43.52, 2.2% above its 3-month average of 42.56, having traded in a quite stable 5.1% range from 41.56 to 43.68
    SGD to PHP
    43.48
    +0.2%
    1W

    A-Z


    Singapore dollar to Australian dollar

    SGD to AUD is at 90-day lows near 1.1087, 1.3% below its 3-month average of 1.1241, having traded in a very stable 3.3% range from 1.1087 to 1.1450
    SGD to AUD
    1.1088
    -0.3%
    3M

    Singapore dollar to Canadian dollar

    SGD to CAD is at 14-day lows near 1.0146, just above its 3-month average, having traded in a stable 1.9% range from 1.0011 to 1.0200
    SGD to CAD
    1.0112
    -0.1%
    2W

    Singapore dollar to Swiss franc

    SGD to CHF is at 90-day lows near 0.6544, 2.1% below its 3-month average of 0.6688, having traded in a very stable 3.7% range from 0.6544 to 0.6786
    SGD to CHF
    0.6579
    +0.0%
    3M

    Singapore dollar to Chinese yuan

    SGD to CNY is at 14-day highs near 5.3732, just 0.8% above its 3-month average of 5.3291, having traded in a very stable 2.8% range from 5.2322 to 5.3795
    SGD to CNY
    5.3630
    +0.1%
    2W

    Singapore dollar to Euro

    SGD to EUR at 0.6889 is just above its 3-month average, having traded in a stable 1.5% range from 0.6806 to 0.6911
    SGD to EUR
    0.6895
    -0.0%
    1M

    Singapore dollar to Pound Sterling

    SGD to GBP at 0.5819 is just 0.7% below its 3-month average of 0.586, having traded in a very stable 2.5% range from 0.5799 to 0.5945
    SGD to GBP
    0.5827
    -0.1%
    2W

    Singapore dollar to Hong Kong dollar

    SGD to HKD at 5.7790 is near its 3-month average, having traded in a stable 1.6% range from 5.7305 to 5.8229
    SGD to HKD
    5.7649
    +0.0%
    1M

    Singapore dollar to Indonesian rupiah

    SGD to IDR at 12140 is 1.9% above its 3-month average of 11908, having traded in a quite stable 4.2% range from 11696 to 12188
    SGD to IDR
    12183.3
    +0.2%

    Singapore dollar to Indian rupee

    SGD to INR at 61.75 is near its 3-month average, having traded in a stable 1.5% range from 61.15 to 62.06
    SGD to INR
    61.78
    +0.1%
    2W

    Singapore dollar to Japanese yen

    SGD to JPY at 116.9 is 2.0% above its 3-month average of 114.6, having traded in a quite stable 4.4% range from 112.1 to 117.0
    SGD to JPY
    117.29
    +0.1%
    3M

    Singapore dollar to Malaysian ringgit

    SGD to MYR is at 7-day lows near 3.4840, just below its 3-month average, having traded in a stable 1.7% range from 3.4716 to 3.5305
    SGD to MYR
    3.4766
    -0.2%
    1W

    Singapore dollar to Philippine peso

    SGD to PHP is at 7-day highs near 43.52, 2.2% above its 3-month average of 42.56, having traded in a quite stable 5.1% range from 41.56 to 43.68
    SGD to PHP
    43.48
    +0.2%
    1W

    Singapore dollar to Pakistani rupee

    SGD to PKR at 206.2 is just above its 3-month average, having traded in a stable 1.7% range from 203.7 to 207.1
    SGD to PKR
    205.81
    +0.0%

    Singapore dollar to Qatari rial

    SGD to QAR at 2.6962 is near its 3-month average, having traded in a stable 1.9% range from 2.6679 to 2.7182
    SGD to QAR
    2.6891
    +0.0%
    1M

    Singapore dollar to Saudi riyal

    SGD to SAR at 2.7773 is near its 3-month average, having traded in a stable 1.6% range from 2.7470 to 2.7907
    SGD to SAR
    2.7713
    +0.0%
    1M

    Singapore dollar to Thai baht

    SGD to THB at 27.15 is just above its 3-month average, having traded in a very stable 2.2% range from 26.68 to 27.26
    SGD to THB
    27.17
    +0.0%
    2W

    Singapore dollar to New Taiwan dollar

    SGD to TWD at 23.96 is just above its 3-month average, having traded in a stable 1.6% range from 23.65 to 24.04
    SGD to TWD
    23.93
    +0.0%
    2W

    Singapore dollar to US dollar

    SGD to USD at 0.7403 is near its 3-month average, having traded in a stable 1.6% range from 0.7324 to 0.7441
    SGD to USD
    0.7387
    +0.0%
    1M

    Singapore dollar to Vietnamese dong

    SGD to VND at 18841 is just 0.8% above its 3-month average of 18690, having traded in a very stable 3.2% range from 18341 to 18919
    SGD to VND
    18802.9
    +0.0%