SGD vs MXN
🇲🇽1 SGD = 13.49 MXN
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
SGD / MXN| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About SGD / MXN
🇸🇬 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.
🇲🇽 MXN — Mexican Peso
The Mexican Peso is the most traded currency in Latin America and among the most traded emerging market currencies globally. It is the eighth most traded currency in the world by daily turnover.
Key Factors Affecting SGD/MXN
🇸🇬 SGD Drivers
- MAS exchange rate policy adjustments
- Global trade flows and port activity
- Regional Asian economic conditions
- Financial services sector performance
🇲🇽 MXN Drivers
- Banxico (Bank of Mexico) interest rate decisions
- US-Mexico trade relations and USMCA
- Oil prices and Pemex production data
- Remittance flows from the US to Mexico
💡 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? — MXN
The Mexican peso was the first currency in the world to use the '$' sign, which was later adopted by the United States dollar.
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.
🇲🇽 Mexico
Mexico has a large, diversified economy closely linked to the United States through trade and manufacturing. It is a major exporter of vehicles, electronics, and oil.