USD/SGD Exchange Rate Today — Live Chart and Analysis

USD/SGD is an exchange rate that specifies how many SGD (Singaporean Dollars) can be converted into one USD (US Dollar), therefore the base currency is USD and the price currency is SGD. If this rate declines, it means that SGD appreciates relative to USD and if this rate increases it means that the SGD depreciates against the USD. There are many macroeconomic factors/events (fundamentals) that affect USD/SGD exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. Regarding the trade relationship between United States and Singapore, the latter imports 12% of United States' total exports, whereas United States imports 7.2% of Singapore's total exports. The largest component of United States' exports is vehicles and machinery whereas Singapore's largest export components is electrical and electronic equipment. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.