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Open <% currencies.converter.data.Current.closerate %>
High <% currencies.converter.data.Current.high %>
Low <% currencies.converter.data.Current.low %>
Change
<% currencies.converter.data.Current.absolute|toFixed:5 %> (<% currencies.converter.data.Current.percentage %>%)
Convert
<% 1 %> GBP = <% 1 * currencies.converter.rate |toFixed: 4 %> SGD
Into
<% 1 %> SGD = <% 1 / currencies.converter.rate |toFixed: 4 %> GBP
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GBP to SGD conversion rates
GBP
SGD
<% amount %> GBP
<% amount * currencies.converter.rate |toFixed: 4 %> SGD
SGD
GBP
<% amount %> SGD
<% amount / currencies.converter.rate |toFixed: 4 %> GBP
GBP to SGD charts
GBP/SGD Live Chart
GBP/SGD Historical Chart
What impacts the GBP/SGD exchange rate
The GBP/SGD symbol denotes the trading of the British Pound Sterling against the Singapore dollar in the forex market. The Pound Sterling is the official currency used in the UK, British Overseas Territories and some other parts of the world and is the oldest currency in the world that is still recognized as legal tender. The GBP is also one of the most popularly traded currencies globally, making it one of the four major currencies in the forex market which enjoys high trading volume and liquidity.The Singapore dollar is the official currency of Singapore and is among the top 20 traded currencies worldwide. The SGD is a good indicator of the health of the global as well as Asian economies as Singapore is one of the most competitive economies worldwide and is considered a gateway to international trade into and out of Asia. It is also a business-friendly market that attracts high foreign investments, causing the SGD's value to be greatly influenced by the market sentiment. A risk-on sentiment boosts investor confidence and attracts higher foreign investments into Singapore, strengthening the value of the SGD and driving the GBP/SGD currency pair to trade bearish, and vice versa.
GBP to SGD exchange rate - FAQ
How do economic events impact the exchange rate of GBP/SGD?

The GBP/SGD currency pair experiences considerable volatility on the release of important economic events from the UK and Singapore, including GDP, employment, inflation, trade balance, business confidence, industrial production, PPI, exports and retail sales.

How do central bank decisions influence the currency rate of GBP/SGD?

Both the GBP and the SGD see changes in their value whenever the Bank of England (BOE) and the Monetary Authority of Singapore (MAS) announce any changes to their monetary policies or interest rates. For instance, a decision to hike interest rates or a tightening of the monetary policy by the BOE causes the GBP to strengthen, turning this forex pair bullish, and vice versa.

What is a good time to trade GBP/SGD?

The GBP/SGD currency pair sees maximum volatility during the Asian and European trading sessions, when most of the market moving news from Singapore and the UK release. Forex traders should consider entering into trades in this pair between 11:00 PM and 04:00 PM GMT.

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