SGD/KRW
Market Open
15 Jun, 10:28
₩
1,181. 85
+3.690966
+0.3133%
₩
739 Volume
₩ 1,178.157354
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SGDKRW Overview
SGDKRW denotes the exchange rate of the Singapore Dollar quoted in South Korean Won, indicating how many KRW are required to purchase one SGD. It reflects the relative value between Singapore’s currency and South Korea’s currency in the foreign exchange market.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore and serves as the primary medium of exchange in the city-state. Banknotes and coins are regulated and issued by the Monetary Authority of Singapore (MAS), which also oversees monetary policy and financial stability.
The South Korean Won (KRW) is the legal tender of the Republic of Korea and is used throughout the country’s domestic economy. Issuance and monetary policy for the won are managed by the Bank of Korea (BOK), the nation’s central bank responsible for price stability and financial market functioning.
Movements in the SGDKRW rate are driven by supply and demand in FX markets and influenced by interest rate differentials, inflation trends, central bank actions, and broader geopolitical developments. Capital flows, trade balances and market sentiment also contribute to short- and long-term swings.
For market participants, SGDKRW matters for trade settlement, corporate hedging of currency exposure and speculative strategies. It is relevant to exporters, importers and investors monitoring regional economic linkages.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore and serves as the primary medium of exchange in the city-state. Banknotes and coins are regulated and issued by the Monetary Authority of Singapore (MAS), which also oversees monetary policy and financial stability.
The South Korean Won (KRW) is the legal tender of the Republic of Korea and is used throughout the country’s domestic economy. Issuance and monetary policy for the won are managed by the Bank of Korea (BOK), the nation’s central bank responsible for price stability and financial market functioning.
Movements in the SGDKRW rate are driven by supply and demand in FX markets and influenced by interest rate differentials, inflation trends, central bank actions, and broader geopolitical developments. Capital flows, trade balances and market sentiment also contribute to short- and long-term swings.
For market participants, SGDKRW matters for trade settlement, corporate hedging of currency exposure and speculative strategies. It is relevant to exporters, importers and investors monitoring regional economic linkages.
SGDKRW Chart
SGDKRW FAQ
What is the current SGD/KRW price?
The current rate is ₩1,181.848320, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/KRW rate changed today?
The rate has changed by +3.690966 (+0.3133%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₩1,178.157354, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is SGD/KRW moving up or down?
Movements in SGD/KRW are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.3133%) is based on the difference between the current rate and the previous closing rate.
Is SGD/KRW trending up or down right now?
If the current rate (₩1,181.848320) is above the previous close (₩1,178.157354), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for SGD/KRW directly on this page.
