Trade Australian Dollar / Singapore Dollar

The base currency – AUD. The counter currency – SGD. The AUD/SGD shows how the Australian dollar relates to the Singapore dollar. The official currency of the Commonwealth of Australia, AUD is the fifth most traded one in the world. It is also known as the ‘Aussie’ and uses $ and A$ as a symbol. The Australian dollar is issued and monitored by the Reserve Bank of Australia. The Singapore dollar is the official currency unit of Singapore. Nicknamed as ‘Sing’, SGD uses S$ as the symbol for the currency. In the past, the Singapore dollar was pegged to the British pound sterling and the US dollar. Since 1985, it has floated, and the Monetary Authority of Singapore (MAS) has been issuing the currency and regulating the monetary policy. Learn the AUD/SGD forecast and the currency exchange rate at Capital.com.