USD
SGD
What USD/SGD is
USD/SGD (often written usdsgd) is the US dollar priced in Singapore dollars. The base currency is the first one, USD. The quote currency is the second one, SGD. The price tells you how many Singapore dollars one US dollar buys.
- When the price rises, the US dollar is getting stronger against the Singapore dollar.
- When the price falls, the Singapore dollar is getting stronger against the US dollar.
Brokers usually group USD/SGD with exotic or less-traded pairs, not with the majors. See majors, minors and exotics for how these groups differ.
How to read the quote
A broker shows two prices:
- Bid: the price at which you can sell.
- Ask: the price at which you can buy.
The gap between them is the spread. It is a trading cost that you pay every time you open a position.
A pip is the standard unit of price change for a currency pair. For USD/SGD, the pip is the same type as for most non-yen pairs. Check the number of digits shown in your platform, because many platforms also display a fractional pip.
Pip value per lot
Profit and loss on USD/SGD are worked out in SGD first, because SGD is the quote currency.
The steps are:
- Multiply the pip size by the number of units in your position. This gives the pip value in SGD.
- If your account is in USD, divide that result by the current USD/SGD price to get the pip value in USD.
- If your account is in another currency, convert again at the relevant rate.
At Exness the minimum position is 0.01 lot on most instruments. On a Standard Cent account, 1 cent lot = 1,000 USD = 0.01 standard lot. The pip value changes as the USD/SGD price moves, so use the calculator rather than a fixed figure.
Fill in the empty fields to see the result.
Margin and leverage
Margin is the money the broker sets aside to keep a position open. Leverage sets how large a position you can open with that margin. Higher leverage means less margin is needed, but each pip has the same money value. Losses therefore grow just as fast as gains.
Fill in the empty fields to see the result.
Leveraged forex and CFD trading can lose money fast. Read risk management before you size a position.
What tends to move USD/SGD
There is no usdsgd forecast on this page. These are the factors traders usually watch.
US dollar side
- Fed policy: the Federal Reserve's interest rate decisions and statements. The dot plot shows where Fed officials expect rates to go, and changes in it can move the dollar.
- US jobs (NFP): the monthly non-farm payrolls report.
- US CPI: consumer inflation data, which shapes expectations about Fed rates.
- Treasury yields: higher US yields often support the dollar.
- Global risk appetite: in stressed markets, money often moves into the US dollar.
Singapore dollar side
- MAS policy band: the Monetary Authority of Singapore does not manage policy through an interest rate. It manages the trade-weighted Singapore dollar, called the S$NEER, inside an undisclosed band. MAS can change the slope of the band, its mid-point or its width. These decisions can move USD/SGD sharply.
- Asian trade cycle: Singapore is a trade hub. Regional exports, demand from China and electronics cycles affect the SGD.
Because MAS manages the SGD against a basket of currencies, USD/SGD often tracks broad US dollar moves more closely than local news. For more on reading these drivers, see fundamental analysis.
Liquidity by session and spread behaviour
- Asian session: Singapore is open, so local flows are active and MAS news lands in these hours.
- London session: liquidity usually improves.
- London–New York overlap: often the deepest liquidity, and US data releases fall in this window.
- Late New York and daily rollover: liquidity thins and spreads often widen.
Pairs like this generally have wider spreads and higher swaps than the majors. Spreads can widen further around news releases.
There is also weekend gap risk. The price on Monday can open far from Friday's close, and stop orders may fill at a worse price than you set.
Is USD/SGD on Exness, and on what terms?
Our sourced facts do not confirm that USD/SGD is listed at Exness, and they do not list its specification. Open the symbol list in your MetaTrader or Exness platform and check the contract specification there: spread, swap, digits, margin and trading hours.
If the pair is offered, these general Exness forex conditions are relevant:
- Orders opened from 15 minutes before to 90 seconds after high-impact news are subject to higher margin requirements. For forex during these periods, leverage is 1:200 (0.5%).
- Clients registered from Pakistan are on the Islamic swap-free list (Algeria, Azerbaijan, Bahrain, Bangladesh, Brunei, Chad, Comoros, Côte d'Ivoire, Djibouti, Egypt, Indonesia, Iraq, Jordan, Kazakhstan, Kyrgyzstan, Kuwait, Lebanon, Libya, Maldives, Mauritania, Morocco, Niger, Oman, Pakistan, Qatar, Saudi Arabia, Senegal, Tajikistan, Tunisia, Turkiye, Turkmenistan, United Arab Emirates, Uzbekistan). Confirm the swap status for this pair in your Personal Area. See swap fees and Islamic finance.
- Account spreads start from 0.2 pips on Standard and from 0.1 pips on Pro. These are minimums across instruments, not figures for USD/SGD.
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Legal point for readers in Pakistan
Per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse. Read law and regulators before you open an account.
Related pairs: USD/HKD, USD/CNH, USD/THB, and the full currency pairs list.
Frequent questions
What does the USD/SGD price mean?
It is how many Singapore dollars one US dollar buys. A rising price means the US dollar is strengthening against the Singapore dollar.
Is USD/SGD a major pair?
No. It is usually classed as exotic or less-traded. That often means wider spreads and higher swaps than the majors.
Why does MAS matter more than Singapore interest rates?
MAS runs policy through the exchange rate band on the S$NEER. Changes to that band are the main Singapore-side driver of the pair.
How do I find the pip value?
Use the pip calculator on this page. Pip value is worked out in SGD first, then converted into your account currency.
Where is the Exness specification for USD/SGD?
In the trading platform's symbol specification. We have not confirmed the listing or its terms from sourced facts.
Do you give a usdsgd forecast or signals?
No. This page explains what moves the pair. It does not suggest buying or selling.
