Foreign exchange rates constantly fluctuate in the global forex markets. If converting Singapore dollars (SGD), it can be beneficial to determine how many other currencies, such as USD, EUR, INR, PKR, RUB, or BDT, can be exchanged for 1 SGD. Below you can observe the latest exchange rates for 1 SGD compared to these currencies, and some context for what influences those fluctuations, as well as the best time to convert the currency.
Based on data from X-Rates and Exchange-Rates.org (updated Oct 7, 2025) (X-Rates)
| Base | Target | Rate (1 SGD = X target) |
| USD | US Dollar | 0.7739 USD (X-Rates) |
| EUR | Euro | 0.6623 EUR (X-Rates) |
| INR | Indian Rupee | 68.6753 INR (X-Rates) |
| PKR | Pakistani Rupee | 218.5501 PKR (X-Rates) |
| RUB | Russian Ruble | 63.9680 RUB (X-Rates) |
| BDT | Bangladeshi Taka | 94.0084 BDT (Xe) |
Note: These are mid-market / indicative rates. The rate you get at a bank or money exchange will include fees or a spread.
1. Monetary Policy & Interest Rates
When changes to interest rates occur, the capital flows will shift, and the SGD’s relative value, determined by supply and demand for the currency, will change accordingly.
2. Trade Flows & Demand to Export/Import
Singapore is a trade-dependent economy. An increase in exports or a trade surplus will tend to support the SGD’s value. Conversely, increased imports will decrease the SGD’s value.
3. Global Market Sentiment & Risk Appetite
In uncertain global conditions, increases in demand for risk-off or haven currencies such as USD will likely weaken the SGD against the USD.
4. Inflation Differentials
If one economy has higher inflation than another, its currency will generally weaken over time compared to the currency that has lower inflation.
Practical Implications & Tips
If you are remitting or transferring money, simply compare the mid-market rate to what the bank or provider offers; the difference is their margin (profit).
Convert with purpose and strategy: If you expect the SGD to strengthen or the target currency to weaken, it might be worth waiting on the transfer — and vice versa.
Use tools that are real-time: For example, using OANDA’s currency converter that shows real-time bid/ask spreads, comparing them historically.
Be aware of central bank announcements and macro data (like GDP and inflation numbers) — and big surprises usually have bigger moves in the short run, especially when considering movements on 06 October 2025 in Singapore.
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