Exchange Rate Calculator

As of June 3, 2025, the exchange rate between the British Pound (GBP) and the Singapore Dollar (SGD) stands at approximately 1.7302. (poundsterlinglive.com) This reflects a modest appreciation of the GBP against the SGD over recent months.

Recent Exchange Rate Performance

Over the past six months, the GBP/SGD exchange rate has exhibited a gradual upward trend. The lowest point during this period was 1.6607 on January 20, 2025, while the highest was 1.7335 on March 24, 2025. (poundsterlinglive.com) This indicates a strengthening of the GBP relative to the SGD, with a notable increase of approximately 4.4% from the January low to the March high.

Technical Analysis

Technical indicators as of March 22, 2025, suggest a mixed outlook for the GBP/SGD pair. The Relative Strength Index (RSI) stood at 43.82, indicating a neutral position. The Moving Average Convergence Divergence (MACD) was slightly negative at -0.001, suggesting potential bearish momentum. However, the Average Directional Index (ADX) at 43.743 pointed to a strong trend, though the direction was not specified. (investing.com)

Moving averages provided a more bearish signal, with both simple and exponential moving averages for periods ranging from 5 to 200 days indicating a 'Sell' action. This suggests that, despite recent gains, the GBP/SGD pair may face downward pressure in the near term. (investing.com)

Forecasts and Predictions

Looking ahead, forecasts for the GBP/SGD exchange rate present varying perspectives. Some analysts predict a gradual appreciation of the GBP against the SGD, with projections indicating an average rate of 1.7361 in April 2025 and 1.7358 in May 2025. (midforex.com) These forecasts suggest a stable to slightly bullish outlook for the GBP/SGD pair in the short term.

Conversely, other analyses anticipate a potential decline, with projections indicating a decrease from 1.732 to 1.689, representing a change of approximately -2.465%. (walletinvestor.com) This bearish outlook suggests that the GBP may weaken against the SGD in the coming months.

Factors Influencing the Exchange Rate

Several factors could influence the GBP/SGD exchange rate in the near future:

• Economic Indicators: Key economic data releases from both the UK and Singapore, such as GDP growth rates, employment figures, and inflation data, can impact investor sentiment and currency valuations.

• Monetary Policy: Decisions by the Bank of England and the Monetary Authority of Singapore regarding interest rates and monetary policy can affect the attractiveness of their respective currencies.

• Global Economic Conditions: Broader economic trends, including trade relations, geopolitical events, and global market sentiment, can influence currency movements.

• Commodity Prices: As both the UK and Singapore are affected by global commodity markets, fluctuations in commodity prices can impact their economies and, consequently, their currencies.

Conclusion

The GBP/SGD exchange rate has experienced a modest upward trend over the past six months, with the GBP strengthening against the SGD. Technical indicators and forecasts present a mixed outlook, suggesting potential volatility in the near term. Investors and businesses engaged in GBP/SGD transactions should monitor economic indicators, monetary policy decisions, and global economic conditions to make informed decisions.