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Prices for SGDAUD Singapore Dollar Australian Dollar including live quotes, historical charts and news. SGDAUD Singapore Dollar Australian Dollar was last updated by Trading Economics this March 26 of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Forex: Monthly Avg: Singapore Dollars to Australian Dollar data was reported at 99.670 SGD/100 AUD in Nov 2018. This records an increase from the previous number of 98.045 SGD/100 AUD for Oct 2018. Forex: Monthly Avg: Singapore Dollars to Australian Dollar data is updated monthly, averaging 118.660 SGD/100 AUD from Mar 1983 (Median) to Nov 2018, with 429 observations. The data reached an all-time high of 199.220 SGD/100 AUD in Feb 1984 and a record low of 1.442 SGD/100 AUD in Dec 1987. Forex: Monthly Avg: Singapore Dollars to Australian Dollar data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M006: Foreign Exchange Rate.
A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to 150, whereas analysts suspected it should be around 90 given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at 5.25 percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Prices for SGDAUD Singapore Dollar Australian Dollar including live quotes, historical charts and news. SGDAUD Singapore Dollar Australian Dollar was last updated by Trading Economics this March 26 of 2025.