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Exchange Rate Calculator

Convert between currencies and track historical exchange rates

Amount

SGD

1.18 SGD

Exchange Rate

as of July 05, 2025 at 3:34 AM

BRL 1 BRL = SGD 0.24 SGD

Market analysis of BRL to SGD currency exchange rates

Analysis as of April 2025

The exchange rate between the Brazilian Real (BRL) and the Singapore Dollar (SGD) has experienced notable fluctuations over the past few months. Understanding these movements requires an examination of recent trends, underlying economic factors, and future projections.

Recent Exchange Rate Trends

In 2025, the BRL/SGD exchange rate has shown significant variability:

  • Highest Rate: On April 2, 2025, the exchange rate peaked at 0.2382 SGD per BRL.

  • Lowest Rate: The lowest point was recorded on March 4, 2025, at 0.2145 SGD per BRL.

  • Average Rate: Over this period, the average exchange rate was approximately 0.2298 SGD per BRL.

This data indicates a general appreciation of the Brazilian Real against the Singapore Dollar, with an overall increase of about 7.37% in 2025. (exchange-rates.org)

Factors Influencing the Exchange Rate

Several factors have contributed to the observed fluctuations in the BRL/SGD exchange rate:

  1. Economic Indicators: Key metrics such as GDP growth, inflation rates, and interest rates in both Brazil and Singapore play a crucial role. For instance, higher interest rates in Brazil can attract foreign investment, increasing demand for the Real and strengthening its value against the Singapore Dollar.

  2. Geopolitical Events: Political stability, trade agreements, and international relations can influence investor confidence and currency valuations.

  3. Central Bank Policies: Decisions by the central banks of both countries, including changes in monetary policy and foreign exchange interventions, directly impact exchange rates.

Historical Context

Looking back, the BRL/SGD exchange rate has experienced notable changes:

  • 2024: The exchange rate declined by approximately 18.74%, with the highest rate at 0.2745 SGD per BRL on January 12, 2024, and the lowest at 0.2018 SGD per BRL on December 25, 2024. (exchange-rates.org)

  • 2023: The highest exchange rate was 0.2838 SGD per BRL, and the lowest was 0.2455 SGD per BRL, with an average of 0.2691 SGD per BRL. (exchangerates.org.uk)

These historical trends highlight the volatility of the BRL/SGD exchange rate, influenced by various economic and geopolitical factors.

Future Projections

Forecasts for the BRL/SGD exchange rate suggest a potential decline:

  • Short-Term Forecast: Some analyses predict a decrease to around 0.227 SGD per BRL within the next year, indicating a possible depreciation of the Brazilian Real against the Singapore Dollar. (walletinvestor.com)

  • Monthly Forecasts: Projections for the next two years indicate slight fluctuations, with average rates ranging from 0.2261 to 0.2302 SGD per BRL, suggesting relative stability with minor variations. (midforex.com)

Conclusion

The BRL/SGD exchange rate has exhibited significant fluctuations over recent years, influenced by a complex interplay of economic indicators, geopolitical events, and central bank policies. While recent trends show an appreciation of the Brazilian Real against the Singapore Dollar, future projections suggest potential stabilization with minor fluctuations. Investors and businesses engaged in transactions involving these currencies should closely monitor these factors to make informed decisions.