SGD/MXN
Market Open
15 Jun, 10:28
MX$
13. 41
+0.016859
+0.1258%
MX$
78,696 Volume
MX$ 13.397931
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SGDMXN Overview
SGDMXN denotes the exchange rate between the Singapore Dollar and the Mexican Peso, expressing how many pesos are required to purchase one Singapore Dollar. It tracks cross-border value changes between Singapore’s currency and Mexico’s currency and is quoted in the usual base/quote format.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore, used across the city-state and its financial centers. Monetary authority and currency issuance responsibilities rest with the Monetary Authority of Singapore (MAS), which also oversees monetary policy and financial stability.
The Mexican Peso (MXN) is Mexico’s national currency and one of the principal currencies in Latin America. It is issued and regulated by Banco de México (the Bank of Mexico), which conducts monetary policy, manages inflation targets, and maintains currency stability.
Movements in SGDMXN are shaped by supply and demand dynamics in FX markets, relative interest rate differentials, inflation trends, and central bank policy decisions from MAS and Banco de México. Geopolitical events, commodity price shifts, and capital flows also influence the pair’s volatility and trend direction.
Traders, importers, exporters, and investors monitor SGDMXN for hedging exposure, pricing cross-border transactions, and seeking speculative opportunities driven by macroeconomic divergences between the two economies.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore, used across the city-state and its financial centers. Monetary authority and currency issuance responsibilities rest with the Monetary Authority of Singapore (MAS), which also oversees monetary policy and financial stability.
The Mexican Peso (MXN) is Mexico’s national currency and one of the principal currencies in Latin America. It is issued and regulated by Banco de México (the Bank of Mexico), which conducts monetary policy, manages inflation targets, and maintains currency stability.
Movements in SGDMXN are shaped by supply and demand dynamics in FX markets, relative interest rate differentials, inflation trends, and central bank policy decisions from MAS and Banco de México. Geopolitical events, commodity price shifts, and capital flows also influence the pair’s volatility and trend direction.
Traders, importers, exporters, and investors monitor SGDMXN for hedging exposure, pricing cross-border transactions, and seeking speculative opportunities driven by macroeconomic divergences between the two economies.
SGDMXN Chart
SGDMXN FAQ
What is the current SGD/MXN price?
The current rate is MX$13.414790, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/MXN rate changed today?
The rate has changed by +0.016859 (+0.1258%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was MX$13.397931, 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/MXN moving up or down?
Movements in SGD/MXN are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.1258%) is based on the difference between the current rate and the previous closing rate.
Is SGD/MXN trending up or down right now?
If the current rate (MX$13.414790) is above the previous close (MX$13.397931), 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/MXN directly on this page.
