In an increasingly interconnected global economy, fluctuations in foreign exchange markets have drawn significant attention. For frequent travelers, traders, or investors, understanding the exchange rate between the Singapore Dollar (SGD) and US Dollar (USD) is crucial. This article provides a detailed examination of the current exchange rate and its historical trends.
As of August 10, 2025, the exchange rate stands at 1 SGD = 0.778353 USD , meaning 50 Singapore Dollars convert to approximately 38.92 US Dollars. This rate serves as an important benchmark in recent statistical data and reflects the economic relationship between Singapore and the United States.
Current Exchange Rate Conversions
Based on the current exchange rate, here are some common conversions:
- 1 SGD = 0.778353 USD
- 5 SGD = 3.89 USD
- 10 SGD = 7.78 USD
- 25 SGD = 19.46 USD
- 50 SGD = 38.92 USD
- 100 SGD = 77.84 USD
- 500 SGD = 389.18 USD
- 1,000 SGD = 778.35 USD
- 5,000 SGD = 3,891.76 USD
- 10,000 SGD = 7,783.53 USD
Historical Exchange Rate Trends
Recent statistical data reveals notable fluctuations in the SGD/USD exchange rate across different time periods:
- Last 7 days: Highest rate reached 0.77968, while the lowest was 0.77558
- Last 30 days: Range between 0.78343 (high) and 0.77053 (low)
- Last 90 days: Fluctuated between 0.78687 and 0.76593
These historical trends are particularly valuable for investors and economic policymakers, as they directly impact investment returns and monetary policy decisions.
Factors Influencing Exchange Rate Movements
Several key factors contribute to the volatility between SGD and USD:
As a major Asian economy, Singapore's monetary policy and its relationship with the US dollar are influenced by multiple variables. International market conditions, economic data releases, and geopolitical events all play significant roles. For instance, strong US economic performance typically leads to dollar appreciation, subsequently affecting the Singapore dollar's exchange rate.
Additionally, investor expectations, market sentiment, and policy changes can trigger exchange rate adjustments. The Monetary Authority of Singapore's managed float system, where the SGD is managed against a basket of currencies, also contributes to the currency's stability and valuation against the USD.
A thorough understanding of SGD-USD exchange rate dynamics serves as a fundamental requirement for international market participation and financial decision-making. Continuous monitoring of these fluctuations enables timely and informed economic choices.