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USDSGD

USDSGD (US Dollar vs Singapore Dollar). Exchange rate and online charts.

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Currency converter

US Dollar vs Singapore Dollar
1.3458
22 Nov 2024 23:59
Price Change (% chg)
-0.0002
(-0.01%)
Prev Close
Prev Close

Closing price, the previous day.
1.346
Open
Open

Opening price.
1.3425
Day's High
Day's High

The highest price over the last trading day.
1.3506
Day's Low
Day's Low

The lowest price over the last trading day
1.3436
Week High
Week High

Price range high in the last week
1.3506
Week Low
Week Low

Price range low in the last week
1.3411
Download archive
Buy
1.3458
Sell
1.3458
Open the chart in full screen view
Buy
1.3458
Sell
1.3458
Download archive
Open the chart in full screen view

USD/SGD (United States Dollar vs Singapore Dollar)

USD/SGD is involved in active trading on Forex. This currency pair is also called exotic. Rate fluctuations of this trading instrument are not significant. The Singapore dollar is one of the most stable currencies around the world. The economic situation in the country is characterized by very low inflation, robust exports, and huge foreign exchange reserves in the economy.

Singapore is a developed nation with high living standards. Advantageously located at the crossroads of major shipping routes, Singapore has managed to reach such level of development demonstrating an active trading with world's largest economies. At the moment, the country sells abroad home electronics and information technology products, shipbuilding products and financial services. Thus, country's economy and national currency both hinge upon export significantly.

Singapore is listed among the group of so-called "Asian tigers" thanks to the rapid development of its economy. In such a way, the country is approaching to the major Western economies such as the USA, Germany, France, Great Britain, etc.

If you trade USD/SGD, you should pay attention to the dynamics of EUR/USD, GBP/USD, and USD/JPY. These trading instruments are indicators of USD/SGD price movements since they greatly influence the rate of the national currency of Singapore.

If you trade USD/SGD, you should focus on economic indicators of Singapore as well as the global prices for oil and other minerals required to support the Singaporean economy.

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