Exchange Rate Calculator

The exchange rate between the Australian Dollar (AUD) and the Singapore Dollar (SGD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and future projections for the AUD/SGD currency pair.

Recent Exchange Rate Trends

As of May 3, 2025, the AUD/SGD exchange rate stands at approximately 0.8382, indicating that one Australian Dollar is equivalent to 0.8382 Singapore Dollars.

Over the past 30 days, the exchange rate has experienced a high of 0.8538 and a low of 0.8369, with an average rate of 0.8431. This represents a 1.83% decrease over the month.

In the 90-day period, the rate reached a high of 0.8538 and a low of 0.8369, averaging 0.8463, which corresponds to a 1.11% decline.

Technical Analysis

Technical indicators provide insights into the potential future movements of the AUD/SGD exchange rate. As of March 24, 2025, the Relative Strength Index (RSI) stood at 56.664, suggesting a buy signal. The Stochastic Oscillator (9,6) was at 67.268, also indicating a buy. However, the Moving Average Convergence Divergence (MACD) was at 0, signaling a sell. The Average Directional Index (ADX) at 41.759 pointed to a buy signal.

Moving averages presented a mixed outlook. The 5-day, 10-day, and 20-day simple moving averages were below the current exchange rate, suggesting a buy signal. Conversely, the 50-day, 100-day, and 200-day simple moving averages were above the current rate, indicating a sell signal.

Forecasts and Projections

Short-term forecasts predict a slight decrease in the AUD/SGD exchange rate. For instance, projections for April 15, 2025, estimated the rate to be around 0.8386, with a range between 0.8369 and 0.8403.

Long-term projections suggest a gradual increase in the exchange rate. By the end of 2025, the average rate is expected to be approximately 0.8436, with a range between 0.8394 and 0.8479. By 2030, the average rate is projected to reach 0.9560, with a range between 0.9465 and 0.9656.

Factors Influencing the Exchange Rate

Several factors influence the AUD/SGD exchange rate:

• Economic Indicators: Differences in economic growth rates, inflation, and employment figures between Australia and Singapore can impact the exchange rate.

• Monetary Policies: Decisions by the Reserve Bank of Australia and the Monetary Authority of Singapore regarding interest rates and monetary policies affect currency valuations.

• Trade Relations: The trade balance between the two countries influences demand for each other's currencies.

• Global Market Sentiment: Investor sentiment and global economic conditions can lead to fluctuations in the exchange rate.

Conclusion

The AUD/SGD exchange rate has shown a slight downward trend in the short term but is projected to increase over the long term. Technical indicators provide mixed signals, reflecting the complex interplay of factors affecting the currency pair. Investors and businesses engaged in AUD/SGD transactions should monitor economic indicators, central bank policies, and global market conditions to make informed decisions.