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FX Rate to USD (Average) rose 1.06% yoy to 1.35 per USD in Singapore in 2Q2024

FX Rate to USD (Average) (per USD), 2Q2024
Economy | Singapore | September 1, 2024
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Average FX rate to USD rose 1.06% yoy to 1.35 per USD in Singapore in 2Q2024, according to the National Statistical Office. This is 0.985% more than in the previous quarter.

Historically, Average FX rate to USD in Singapore reached an all time high of 3.06 per USD in 1Q1957 and an all time low of 1.22 per USD in 4Q2012. When compared to Singapore's main peers, Average FX rate to USD in Indonesia amounted to 16,171 per USD, 4.73 per USD in Malaysia, 57.8 per USD in Philippines and 36.7 per USD in Thailand in 2Q2024.

Singapore has been ranked 107th within the group of 141 countries we follow in terms of Average FX rate to USD, 23 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Australia per USD 1.46 1.50 1.53 1.54 1.52
Cambodia per USD 4,084 4,105 4,134 4,119 4,072
China per USD 6.84 7.02 7.25 7.23 7.19
Indonesia per USD 15,241 14,870 15,213 15,624 15,660
Laos per USD 16,248 16,980 18,253 19,275 19,422 ...
Malaysia per USD 4.39 4.53 4.63 4.70 4.72
Myanmar per USD 2,100 2,100 2,100 2,100 2,100 ... ...
Philippines per USD 54.9 55.6 56.0 56.1 56.0
Singapore per USD 1.33 1.34 1.35 1.35 1.34
Taiwan per USD 30.4 30.7 31.7 31.8 31.4
Thailand per USD 33.9 34.5 35.2 35.7 35.7
Vietnam per USD 23,619 23,681 23,894 23,955 23,985