Exchange Rate Calculator

The exchange rate between the Singapore Dollar (SGD) and the Australian Dollar (AUD) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, key influencing factors, and potential future outlooks for the SGD/AUD currency pair.

Recent Exchange Rate Trends

In 2025, the SGD/AUD exchange rate has shown a general upward trend, indicating a strengthening of the Singapore Dollar relative to the Australian Dollar. The highest exchange rate recorded was 1.1952 AUD per SGD on March 21, 2025, while the lowest was 1.1712 AUD per SGD on February 20, 2025. The average exchange rate during this period was approximately 1.1816 AUD per SGD. (exchange-rates.org)

Comparatively, in 2024, the exchange rate ranged from a low of 1.0977 AUD per SGD on July 5 to a high of 1.1849 AUD per SGD on December 27, with an average rate of 1.1345 AUD per SGD. (exchange-rates.org) This indicates a strengthening trend of the SGD against the AUD over the past year.

Factors Influencing the Exchange Rate

Several factors have contributed to the observed movements in the SGD/AUD exchange rate:

1. Economic Indicators: Singapore's robust economic performance, characterized by steady GDP growth and low inflation rates, has bolstered investor confidence in the SGD. Conversely, Australia's economy has faced challenges, including fluctuating commodity prices and trade tensions, which have impacted the AUD.

2. Interest Rate Differentials: The monetary policies of the Monetary Authority of Singapore (MAS) and the Reserve Bank of Australia (RBA) play a crucial role. Any divergence in interest rates between the two countries can influence capital flows and, consequently, the exchange rate.

3. Trade Relations: Singapore's position as a global trade hub and its diversified economy provide resilience against external shocks. Australia's reliance on commodity exports makes the AUD susceptible to global commodity price fluctuations.

4. Global Economic Conditions: External factors, such as global economic growth, geopolitical events, and market sentiment, also impact the SGD/AUD exchange rate.

Future Outlook

Looking ahead, the SGD/AUD exchange rate is likely to be influenced by the following:

• Monetary Policy Decisions: Any changes in interest rates or monetary policy stances by the MAS or RBA will affect the exchange rate dynamics.

• Economic Performance: Continued economic growth in Singapore and any recovery in Australia's economy will play significant roles.

• Global Market Trends: Developments in global trade, commodity prices, and geopolitical events will continue to impact both currencies.

Investors and businesses engaged in SGD/AUD transactions should monitor these factors closely to make informed decisions.