USD vs SGD
🇸🇬1 USD = 1.29 SGD
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
USD / SGD| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About USD / SGD
🇺🇸 USD — US Dollar
The United States Dollar is the world's primary reserve currency and the most traded currency in the foreign exchange market. It serves as the standard unit of currency in international markets for commodities such as gold and oil.
🇸🇬 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.
Key Factors Affecting USD/SGD
🇺🇸 USD Drivers
- Federal Reserve interest rate decisions
- US employment and inflation data
- Global risk sentiment and safe-haven demand
- US trade balance and fiscal policy
🇸🇬 SGD Drivers
- MAS exchange rate policy adjustments
- Global trade flows and port activity
- Regional Asian economic conditions
- Financial services sector performance
💡 Did You Know? — USD
About 60% of all foreign exchange reserves held by central banks worldwide are denominated in US dollars.
💡 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.
Economy Overview
🇺🇸 United States
The US has the largest economy in the world by nominal GDP. The Federal Reserve (Fed) manages monetary policy, and its interest rate decisions have a significant impact on the dollar's value globally.
🇸🇬 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.