SGD vs CAD
🇨🇦1 SGD = 1.09 CAD
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
SGD / CAD| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About SGD / CAD
🇸🇬 SGD — Singapore Dollar
The Singapore Dollar is the official currency of Singapore, one of Asia's major financial hubs. The Monetary Authority of Singapore (MAS) uniquely manages monetary policy through the exchange rate rather than interest rates.
🇨🇦 CAD — Canadian Dollar
The Canadian Dollar, often called the 'Loonie' after the loon bird on the one-dollar coin, is the fifth most held reserve currency in the world. It is closely tied to commodity prices, especially oil.
Key Factors Affecting SGD/CAD
🇸🇬 SGD Drivers
- MAS exchange rate policy adjustments
- Global trade flows and port activity
- Regional Asian economic conditions
- Financial services sector performance
🇨🇦 CAD Drivers
- Crude oil and commodity prices
- Bank of Canada interest rate decisions
- US-Canada trade relations and USMCA
- Canadian housing market and employment data
💡 Did You Know? — SGD
Singapore manages its monetary policy through the exchange rate rather than interest rates — the MAS adjusts the Singapore dollar's trading band against a basket of currencies.
💡 Did You Know? — CAD
Canada's one-dollar coin features a common loon, which is why the Canadian dollar is nicknamed the 'Loonie.'
Economy Overview
🇸🇬 Singapore
Singapore has a highly developed free-market economy known for its financial services, electronics manufacturing, and port operations. It consistently ranks among the world's most competitive economies.
🇨🇦 Canada
Canada has a resource-rich economy with significant exports of crude oil, natural gas, and minerals. The Bank of Canada sets monetary policy independently from the US despite close economic ties.