Maybe Stripe

Tools / Exchange Rate Calculator

Exchange Rate Calculator

Convert between currencies and track historical exchange rates

Amount

SGD

179,600.00 SGD

Exchange Rate

as of July 04, 2025 at 9:49 PM

ETH 1 ETH = SGD 1,796.00 SGD

Market analysis of ETH to SGD currency exchange rates

Analysis as of April 2025

As of July 3, 2025, the exchange rate between Ethereum (ETH) and the Singapore Dollar (SGD) stands at approximately S$3,170.48 per ETH. (coinmarketcap.com) This figure reflects the dynamic nature of cryptocurrency markets, influenced by various factors including global economic conditions, technological advancements, and market sentiment.

Recent Performance

Over the past week, ETH has experienced notable fluctuations against the SGD. On June 26, 2025, the rate was S$3,080.57, and by July 2, 2025, it had risen to S$3,170.16, marking a 2.9% increase. (coinmarketcap.com) This upward trend indicates a positive market sentiment towards Ethereum in the short term.

Historical Context

Looking at the broader picture, the ETH/SGD exchange rate has seen significant volatility throughout 2025. The highest recorded rate was S$5,031.91 on January 6, 2025, while the lowest was S$1,991.41 on April 8, 2025. (exchange-rates.org) This substantial range underscores the inherent volatility in cryptocurrency markets.

Factors Influencing the Exchange Rate

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

  • Global Economic Conditions: Economic policies, inflation rates, and global financial stability can impact investor confidence in cryptocurrencies.

  • Technological Developments: Upgrades to the Ethereum network, such as the transition to Ethereum 2.0, can influence its valuation.

  • Regulatory Environment: Changes in cryptocurrency regulations within Singapore and globally can affect market dynamics.

  • Market Sentiment: News events, partnerships, and broader adoption of Ethereum can lead to shifts in investor sentiment.

Comparative Analysis

When compared to traditional fiat currencies, Ethereum's volatility is more pronounced. For instance, while major fiat currencies like the USD/SGD pair might experience fluctuations within a narrow range over months, ETH/SGD can see percentage changes in double digits within days. This volatility presents both opportunities and risks for investors and traders.

Future Outlook

Predicting the future trajectory of the ETH/SGD exchange rate is challenging due to the multifaceted factors at play. However, continued developments in the Ethereum ecosystem, such as scalability improvements and increased adoption of decentralized applications, could positively influence its value. Conversely, potential regulatory crackdowns or technological setbacks might exert downward pressure.

Conclusion

The ETH/SGD exchange rate has demonstrated significant volatility over the past few months, influenced by a combination of economic, technological, and regulatory factors. While recent trends show a positive movement, stakeholders should remain vigilant and informed, considering the inherent risks and opportunities within the cryptocurrency market.