1.431 SGD
+0.00 (+0.07%)

EURSGD Key Statistics

Open price
1.43043
High today
1.43252
Low today
1.42715
52 Week high
1.46904
52 Week low
1.42333
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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EURSGD
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About EURSGD

The EURSGD currency pair tells about the Eurozone and Singapore Dollar exchange rate. In this pair, Euro is the base currency, and SGD is the counter or quote currency.

What is EURSGD?

The EURSGD is a minor currency pair, not actively traded as major currency pairs. However, it is still a vital pair for traders interested in trading the Euro against emerging markets currencies or taking advantage of opportunities in the Singaporean economy.

Singapore is Asia's trading hub and has offices of many multinational corporations. Its economy is highly dependent on chemicals, pharmaceuticals, and electronics exports. In comparison, the Eurozone economy is one of the world's largest economies because of high levels of global trade, a diversified economy, and a stable political environment is essential to understand how to trade EURSGD.

How does EURSGD work?

It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn how to invest in EURSGD start without risking their real assets. If Singapore's export is disturbed due for any reason, it causes the currency to depreciate against EURO. As a result, the EURSGD value goes high. It's because more SGDs will be required to purchase one EURO. Besides the economy, central bank policies, political events, and market sentiment are also critical factors that lead to fluctuations in the EURSGD exchange rate.

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