Singapore Dollar Weakens Against US Dollar Amid Global Volatility

This article analyzes the exchange rate fluctuations of the Singapore Dollar (SGD) against the US Dollar (USD), indicating that 100 SGD can be converted to approximately 77.82 USD, reflecting an upward trend of the SGD over the past year. Additionally, it discusses recent exchange rate volatility and future market trends, emphasizing the importance of understanding exchange rate changes for investments and travel.
Singapore Dollar Weakens Against US Dollar Amid Global Volatility

In the global economic arena, currency exchange rate movements continue to draw significant attention from investors and travelers alike. The relationship between the Singapore dollar (SGD) and US dollar (USD) serves as a notable indicator of the two nations' contrasting economic landscapes.

Current market data reveals that 100 SGD converts to approximately 77.82 USD , with an exchange rate of 1 SGD to 0.778244 USD. These figures remain dynamic, subject to continuous shifts based on market conditions. Over the past year, the SGD has demonstrated a 3.21% appreciation against the USD, with the current inverse rate standing at 1 USD to 1.28494 SGD.

Recent volatility patterns show that in the last 30 days, the SGD/USD exchange rate fluctuated between 0.77558 and 0.77968 . The 90-day window reveals broader movements, ranging from 0.76593 to 0.78687 , indicating heightened market sensitivity during this extended period.

Analytical data presents the 30-day and 90-day average exchange rates at 0.77713 and 0.77801 respectively. Market stability metrics show relatively low volatility, with 30-day and 90-day fluctuation rates recorded at 0.14% and 0.24% respectively.

As global economic conditions evolve and market supply-demand dynamics shift, the SGD-USD exchange relationship will likely continue experiencing adjustments. For individuals and institutions considering currency conversion, continuous monitoring of exchange rate trends remains crucial for identifying optimal transaction windows and potential wealth preservation opportunities in an interconnected global economy.