Australian Dollar versus Singaporean Dollar
According to the exchange rate between Singapore (SGD) and Australian dollars (AUD), one Australian dollar is worth 1.02 Singapore dollars. The rate gradually decreased over the previous decade before rising dramatically in 2021.
The downward trend of the Australian dollar has received considerable attention. 2014 was one of the weakest years for its currency when compared to the currencies of its major competitors. Compared to other major currencies, it performed well in 2017, and it has since recovered. The Australian dollar's value is expected to continue to decline in 2018. Maintaining an eye on the exchange rate between the Australian dollar and the Singapore dollar is essential when investing in Australian real estate.
The downward trend of the Australian dollar has received considerable attention. 2014 was one of the weakest years for its currency when compared to the currencies of its major competitors. Compared to other major currencies, it performed well in 2017, and it has since recovered. The Australian dollar's value is expected to continue to decline in 2018. Maintaining an eye on the exchange rate between the Australian dollar and the Singapore dollar is essential when investing in Australian real estate.
Mar 28, 2022 14:42