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High <% currencies.converter.data.Current.high %>
Low <% currencies.converter.data.Current.low %>
Change
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Convert
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Into
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SGD to AUD conversion rates
SGD
AUD
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SGD to AUD charts
SGD/AUD Live Chart
SGD/AUD Historical Chart
What impacts the SGD/AUD exchange rate
The SGD/AUD symbol represents the currency pair which trades the Singapore dollar against the Australian dollar - an exciting pair that offers significant volatility for experienced forex traders to earn several pips, when traded with care. The SGD is one of the most important among Asian currencies and is a key indicator of the overall health of Asian markets. This is because Singapore is a key gateway to international trade in and out of Asia - when markets are healthy and trade is good, the SGD strengthens and vice versa.On the other hand, the AUD is one of the most popular commodity currencies, as Australia is a key exporter of important commodities, including gold and iron ore. As a result, any changes in the price of these commodities can influence the value of the Australian dollar and cause fluctuations in the exchange rate of SGD/AUD. For instance, when the price of gold moves higher, the AUD also strengthens, turning this pair bearish, and vice versa.The SGD/AUD is an interesting forex pair to trade, especially during a risk-on mood in global markets. A risk-on sentiment drives ample price action in both SGD as well as AUD, generating considerable volatility for forex traders to take advantage of.
SGD to AUD exchange rate - FAQ
What key economic events influence the exchange rate of SGD/AUD?

The SGD/AUD forex pair experiences significant volatility on the release of key economic data from Singapore and Australia, including GDP, inflation, employment rate, trade balance, industrial production, retail sales and PPI.

How do central bank decisions affect the SGD/AUD currency rate?

Both SGD and AUD experience fluctuations whenever the Monetary Authority of Singapore (MAS) and the Reserve Bank of Australia (RBA) announce any changes to the monetary policy and interest rates. For instance, if the RBA cuts interest rates or turns dovish in its monetary policy, the AUD turns weaker, causing SGD/AUD to trade bullish, and vice versa.

What was the highest value of SGD/AUD in 2020?

SGD/AUD soared to a high of 1.2529 on 19 March 2020. This was the strongest level this currency pair traded at in the year 2020.