The USD/SGD currency pair is based on the value of the US dollar against the Singapore dollar. Its price represents the amount of Singaporean dollars (quote currency) that are required to purchase one US dollar (base currency). SGD is known for being a particularly strong and expensive currency, which serves as a speculative investment haven for many investors. The USD/SGD currency pair can be affected by a number of economic indicators, including interest rate changes, national GDP and economic announcements. As Singapore is also one of the world’s largest trading hubs, the SGD can also be affected by international trade. Spread bet or trade CFDs on this currency pair and view our USD/SGD live chart to get started.
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