Exchange Rate Calculator

The exchange rate between the Singapore Dollar (SGD) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past few months. This report provides an in-depth analysis of the recent trends, technical indicators, and future projections for the SGD/CAD currency pair.

Recent Exchange Rate Trends

Between January 3, 2025, and June 30, 2025, the SGD/CAD exchange rate experienced a range of movements:

• Highest Rate: 1.0842 CAD per SGD on March 11, 2025.
• Lowest Rate: 1.0485 CAD per SGD on January 15, 2025.
• Average Rate: Approximately 1.0649 CAD per SGD over this period.

These figures indicate a moderate level of volatility, with the exchange rate fluctuating within a band of approximately 3.5% from its lowest to highest points. (exchangerates.org.uk)

Technical Analysis

As of May 27, 2025, technical indicators for the SGD/CAD pair presented a mixed outlook:

• Relative Strength Index (RSI): At 49.642, suggesting a neutral market sentiment.
• Moving Average Convergence Divergence (MACD): Indicated a sell signal.
• Average Directional Index (ADX): At 35.989, signaling a buy trend.

Moving averages also provided varied signals:

• Short-Term (5-day and 10-day): Both simple and exponential moving averages indicated buy signals.
• Medium to Long-Term (20-day to 200-day): Predominantly showed sell signals.

This combination of indicators suggests a cautious approach, as short-term bullish signals contrast with longer-term bearish trends. (investing.com)

Forecasts and Projections

Various forecasting models provide insights into the potential future movements of the SGD/CAD exchange rate:

• Short-Term Forecasts:

  • Current Week: Projected average rate of approximately 1.0711 CAD per SGD, with a range between 1.0604 and 1.0818.
  • Next Week: Expected to average around 1.0720 CAD per SGD, ranging from 1.0612 to 1.0827.
  • Next Month: Anticipated average rate of 1.0737 CAD per SGD, with fluctuations between 1.0629 and 1.0844.

• Long-Term Forecasts:

  • Next Year: Estimated average rate of 1.0866 CAD per SGD, within a range of 1.0758 to 1.0975.
  • Five-Year Projection: Average rate projected at 1.1509 CAD per SGD, ranging from 1.1393 to 1.1624.
  • Ten-Year Projection: Forecasted average rate of 1.2204 CAD per SGD, with a range between 1.2082 and 1.2326.

These projections suggest a gradual appreciation of the SGD against the CAD over the coming years. (midforex.com)

Factors Influencing the Exchange Rate

Several factors contribute to the dynamics of the SGD/CAD exchange rate:

• Economic Indicators: Differences in GDP growth rates, employment figures, and trade balances between Singapore and Canada can influence currency valuations.
• Monetary Policies: Decisions by the Monetary Authority of Singapore and the Bank of Canada regarding interest rates and monetary policy can impact the exchange rate.
• Commodity Prices: Canada's economy is significantly influenced by commodity exports, particularly oil. Fluctuations in global commodity prices can affect the CAD's strength relative to the SGD.
• Global Economic Conditions: Events such as geopolitical tensions, trade agreements, and global financial crises can lead to shifts in investor sentiment, affecting currency exchange rates.

Conclusion

The SGD/CAD exchange rate has shown moderate volatility over the past few months, with technical indicators providing mixed signals. Short-term forecasts suggest slight appreciation, while long-term projections indicate a more pronounced strengthening of the SGD against the CAD. Investors and businesses engaged in SGD/CAD transactions should monitor economic indicators, central bank policies, and global economic developments to make informed decisions.