Exchange Rate Calculator

The exchange rate between the Singapore Dollar (SGD) and Ethereum (ETH) has exhibited significant fluctuations over the past few months, reflecting the inherent volatility of the cryptocurrency market. Understanding these trends is crucial for investors and traders navigating the dynamic landscape of digital assets.

Recent Exchange Rate Trends

Between December 9, 2024, and June 6, 2025, the SGD/ETH exchange rate experienced notable variations:

• Highest Rate: On April 8, 2025, 1 SGD was equivalent to 0.0005022 ETH.

• Lowest Rate: On December 16, 2024, the rate dropped to 0.0001858 ETH per SGD.

• Average Rate: Over this period, the average exchange rate was approximately 0.0003144 ETH per SGD.

This data indicates a substantial increase of approximately 55.50% in the SGD/ETH rate over the six-month period, suggesting a strengthening of the Singapore Dollar relative to Ethereum. (exchange-rates.org)

Factors Influencing the Exchange Rate

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

1. Ethereum Market Dynamics: Ethereum's price is influenced by various factors, including technological developments, regulatory news, and market sentiment. Significant events, such as network upgrades or changes in regulatory frameworks, can lead to rapid price changes.

2. Singapore Dollar Stability: The SGD is known for its relative stability, managed by the Monetary Authority of Singapore. However, external economic factors, such as global trade dynamics and regional economic performance, can impact its value.

3. Global Economic Events: Macroeconomic events, including changes in interest rates, inflation, and geopolitical developments, can affect both traditional currencies and cryptocurrencies, leading to shifts in exchange rates.

Historical Context

To provide a broader perspective, examining the SGD/ETH exchange rate over previous years reveals additional insights:

• 2023: The exchange rate in October 2023 ranged from 0.000406 to 0.000475 ETH per SGD, indicating relative stability during that month. (freecurrencyrates.com)

• 2022: In October 2022, the rate fluctuated between 0.000447 and 0.000547 ETH per SGD, reflecting moderate volatility. (freecurrencyrates.com)

• 2021: October 2021 saw the exchange rate vary from 0.000173 to 0.000236 ETH per SGD, highlighting more significant fluctuations during that period. (freecurrencyrates.com)

These historical trends underscore the volatility inherent in the SGD/ETH exchange rate, influenced by both cryptocurrency market dynamics and traditional economic factors.

Implications for Investors

For investors considering transactions between SGD and ETH, it's essential to account for the following:

• Market Volatility: Cryptocurrencies like Ethereum are subject to rapid price changes. Investors should be prepared for potential short-term losses and gains.

• Risk Management: Diversifying investments and employing risk management strategies can help mitigate potential losses due to market volatility.

• Stay Informed: Keeping abreast of both cryptocurrency market developments and macroeconomic indicators can provide valuable insights for making informed investment decisions.

In conclusion, the SGD/ETH exchange rate has demonstrated significant variability over recent months, influenced by a complex interplay of factors. Investors should approach transactions between these currencies with caution, ensuring they are well-informed and prepared for the inherent risks associated with cryptocurrency investments.