Currency.Wiki
Updated 41 seconds ago
 SGD =
    MXN
 Singapore Dollar =  Mexican Pesos
Trending: S$ exchange rates for the last 24 hours
  • SGD/USD 0.734789 -0.04048959
  • SGD/EUR 0.707062 0.01047388
  • SGD/JPY 115.557319 3.35978428
  • SGD/GBP 0.586594 0.00429757
  • SGD/CHF 0.661809 0.00218106
  • SGD/MXN 14.801368 -0.43425138
  • SGD/INR 62.578374 -2.30496166
  • SGD/BRL 4.550364 0.30563597
  • SGD/CNY 5.360653 -0.09211376

SGD/MXN exchange rate analysis over the past 90 days

Singapore Dollar to Mexican Peso exchange rate: Over the last 90 days, the Singapore Dollar weakened by -2.93% against the Mexican Peso, declining from MX$15.2356 to MX$14.8014 per Singapore Dollar. This trend reflects the evolving economic dynamics between the Singapore and the Mexico. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Singapore and Mexico.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Singapore and Mexico.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Singapore or Mexico.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Singapore relative to the Mexico.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

S$

Singapore Dollar Currency

Country: Singapore

Symbol: S$

ISO Code: SGD

Bank: Monetary Authority of Singapore

Interesting fact about Singapore Dollar

The Singapore Dollar (SGD) has been the official currency of Singapore since 1967, when it replaced the Malaysian Dollar. It is managed by the Monetary Authority of Singapore to maintain price stability and economic growth. The SGD is widely accepted in the country, reflecting Singapore's status as a major financial hub and trade center in Southeast Asia.

MX$

Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Singapore Dollar to Mexican Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 SGD to MXN is MX$14.8.
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Yes, our site provides historical charts that show the trends and fluctuations in the Singapore Dollar to Mexican Peso exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.