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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
105,000.00 SGD
Exchange Rate
as of July 05, 2025 at 5:51 AM
1 BTC =
21,000.00 SGD
Market analysis of BTC to SGD currency exchange rates
Analysis as of April 2025
As of July 3, 2025, the exchange rate between Bitcoin (BTC) and the Singapore Dollar (SGD) stands at approximately S$136,673 per BTC. (coingecko.com) This figure reflects the dynamic nature of cryptocurrency markets, influenced by various factors including global economic trends, regulatory developments, and market sentiment.
Recent Exchange Rate Trends
Over the past week, the BTC/SGD exchange rate has exhibited notable fluctuations:
- July 2, 2025: S$136,673 per BTC, an increase of S$1,285.71 (0.9%) from the previous day.
- July 1, 2025: S$136,155 per BTC, a decrease of S$2,134.62 (1.5%) from June 30.
- June 30, 2025: S$138,290 per BTC, an increase of S$1,334.70 (1.0%) from June 29.
These daily movements underscore the volatility inherent in the cryptocurrency market, where prices can shift significantly within short timeframes.
Monthly Performance
Examining the monthly performance, the BTC/SGD exchange rate has experienced the following changes:
- June 2025: The exchange rate ranged from a low of S$134,728.95 to a high of S$138,473.81, reflecting a relatively stable period with minor fluctuations.
- May 2025: The rate reached its highest point of the year at S$144,412 on May 22, 2025. (exchange-rates.org)
- April 2025: The lowest exchange rate of the year was recorded at S$103,252 on April 8, 2025. (exchange-rates.org)
This data indicates a significant appreciation of Bitcoin against the Singapore Dollar from April to May, followed by a period of relative stability in June.
Year-to-Date Analysis
From January 1 to July 3, 2025, the BTC/SGD exchange rate has shown an overall upward trend:
- January 1, 2025: S$128,919 per BTC.
- July 3, 2025: S$136,673 per BTC.
This represents an approximate increase of 6% over the six-month period. (exchange-rates.org)
Historical Context
To provide context, the BTC/SGD exchange rate has experienced substantial growth over the past decade:
- 2015: The exchange rate was around S$461.80 per BTC on October 31. (freecurrencyrates.com)
- 2017: By October 31, the rate had risen to S$8,786.55 per BTC. (exchange-rates.org)
- 2021: On October 31, the exchange rate reached S$82,348.43 per BTC. (freecurrencyrates.com)
This historical data highlights the exponential growth of Bitcoin's value against the Singapore Dollar over the years, despite periods of volatility.
Factors Influencing BTC/SGD Exchange Rate
Several factors contribute to the fluctuations in the BTC/SGD exchange rate:
Global Cryptocurrency Market Trends: Bitcoin's value is heavily influenced by global demand and supply dynamics, technological advancements, and adoption rates.
Regulatory Developments: Changes in cryptocurrency regulations, both globally and within Singapore, can impact investor confidence and market behavior.
Economic Indicators: Macroeconomic factors such as inflation rates, interest rates, and economic growth can affect currency values and, consequently, exchange rates.
Market Sentiment: News events, media coverage, and public perception can lead to rapid changes in investor behavior, influencing Bitcoin's price.
Conclusion
The BTC/SGD exchange rate has demonstrated significant growth and volatility over the years, reflecting the dynamic nature of the cryptocurrency market. Investors should remain vigilant, staying informed about market trends, regulatory changes, and economic indicators that may influence Bitcoin's value against the Singapore Dollar.