Exchange Rate Calculator

The exchange rate between the Euro (EUR) and the Singapore Dollar (SGD) has exhibited notable fluctuations over the past few months, influenced by various economic factors and market sentiments. This report provides a comprehensive analysis of the recent trends, technical indicators, and future projections for the EUR/SGD currency pair.

Recent Exchange Rate Trends

As of July 2, 2025, the EUR/SGD exchange rate stood at 1.498, reflecting a slight decrease from the previous day's rate of 1.501. (ycharts.com) Over the past month, the exchange rate has experienced a range between 1.4647 and 1.5031, indicating moderate volatility. (poundsterlinglive.com) Notably, the year-to-date high was recorded at 1.5115 on April 11, 2025, while the low was 1.3942 on February 10, 2025. (poundsterlinglive.com)

Technical Analysis

Technical indicators provide insights into the potential future movements of the EUR/SGD exchange rate:

• Relative Strength Index (RSI): The 14-day RSI is at 59.441, suggesting a neutral to slightly bullish momentum. (investing.com)

• Moving Averages: The 50-day simple moving average (SMA) is at 1.4924, and the 200-day SMA is at 1.4845, both indicating a bullish trend as the current exchange rate is above these averages. (investing.com)

• MACD (Moving Average Convergence Divergence): The MACD value is 0.001, which is a positive signal, albeit weak, indicating potential upward momentum. (investing.com)

Overall, the technical analysis presents a cautiously optimistic outlook for the EUR/SGD pair.

Forecasts and Projections

Various financial analysts and institutions have provided forecasts for the EUR/SGD exchange rate:

• Short-Term Forecasts: For the current week, the exchange rate is projected to average around 1.4963, with an estimated trading range between 1.4813 and 1.5113. (midforex.com)

• Medium-Term Forecasts: By the end of 2025, the exchange rate is expected to average 1.5008, with a range between 1.4933 and 1.5083. (midforex.com)

• Long-Term Forecasts: Looking ahead to 2030, projections suggest an average rate of 1.7049, with a range between 1.6879 and 1.7220. (midforex.com)

These forecasts indicate a gradual appreciation of the Euro against the Singapore Dollar over the coming years.

Factors Influencing the Exchange Rate

Several factors contribute to the movements in the EUR/SGD exchange rate:

• Economic Indicators: The Euro's resilience is partly attributed to its negative correlation with the declining US Dollar, which has been affected by trade tariffs and geopolitical tensions. (bestexchangerates.com)

• Monetary Policies: Decisions by the European Central Bank (ECB) and the Monetary Authority of Singapore (MAS) regarding interest rates and monetary policies significantly impact the exchange rate dynamics.

• Global Economic Conditions: Factors such as global trade dynamics, economic growth rates, and geopolitical events play a crucial role in influencing investor sentiment and currency valuations.

Conclusion

The EUR/SGD exchange rate has demonstrated moderate volatility in recent months, with technical indicators suggesting a cautiously optimistic outlook. Forecasts project a gradual appreciation of the Euro against the Singapore Dollar in the medium to long term. However, it is essential to consider the various economic and geopolitical factors that can influence currency movements. Investors and businesses engaged in EUR/SGD transactions should stay informed about these developments to make well-informed decisions.