20 SGD = 252.01 MXN
21 SGD = 264.61 MXN. 22 SGD = 277.21 MXN. 23 SGD = 289.81 MXN. 24 SGD = 302.41 MXN. 25 SGD = 315.01 MXN. 26 SGD = 327.61 MXN. 27 SGD = 340.21 MXN. 28 SGD = 352.81 MXN. 29 SGD = 365.41 MXN.
30 SGD = 378.01 MXN
31 SGD = 390.61 MXN. 32 SGD = 403.21 MXN. 33 SGD = 415.81 MXN. 34 SGD = 428.41 MXN. 35 SGD = 441.01 MXN. 36 SGD = 453.61 MXN. 37 SGD = 466.21 MXN. 38 SGD = 478.81 MXN. 39 SGD = 491.41 MXN.
40 SGD = 504.02 MXN
41 SGD = 516.62 MXN. 42 SGD = 529.22 MXN. 43 SGD = 541.82 MXN. 44 SGD = 554.42 MXN. 45 SGD = 567.02 MXN. 46 SGD = 579.62 MXN. 47 SGD = 592.22 MXN. 48 SGD = 604.82 MXN. 49 SGD = 617.42 MXN.
50 SGD = 630.02 MXN
51 SGD = 642.62 MXN. 52 SGD = 655.22 MXN. 53 SGD = 667.82 MXN. 54 SGD = 680.42 MXN. 55 SGD = 693.02 MXN. 56 SGD = 705.62 MXN. 57 SGD = 718.22 MXN. 58 SGD = 730.82 MXN. 59 SGD = 743.42 MXN.
60 SGD = 756.02 MXN
61 SGD = 768.62 MXN. 62 SGD = 781.22 MXN. 63 SGD = 793.82 MXN. 64 SGD = 806.42 MXN. 65 SGD = 819.02 MXN. 66 SGD = 831.63 MXN. 67 SGD = 844.23 MXN. 68 SGD = 856.83 MXN. 69 SGD = 869.43 MXN.
70 SGD = 882.03 MXN
71 SGD = 894.63 MXN. 72 SGD = 907.23 MXN. 73 SGD = 919.83 MXN. 74 SGD = 932.43 MXN. 75 SGD = 945.03 MXN. 76 SGD = 957.63 MXN. 77 SGD = 970.23 MXN. 78 SGD = 982.83 MXN. 79 SGD = 995.43 MXN.
80 SGD = 1,008.03 MXN
81 SGD = 1,020.63 MXN. 82 SGD = 1,033.23 MXN. 83 SGD = 1,045.83 MXN. 84 SGD = 1,058.43 MXN. 85 SGD = 1,071.03 MXN. 86 SGD = 1,083.63 MXN. 87 SGD = 1,096.23 MXN. 88 SGD = 1,108.83 MXN. 89 SGD = 1,121.43 MXN.
90 SGD = 1,134.03 MXN
91 SGD = 1,146.63 MXN. 92 SGD = 1,159.24 MXN. 93 SGD = 1,171.84 MXN. 94 SGD = 1,184.44 MXN. 95 SGD = 1,197.04 MXN. 96 SGD = 1,209.64 MXN. 97 SGD = 1,222.24 MXN. 98 SGD = 1,234.84 MXN. 99 SGD = 1,247.44 MXN.
100 SGD = 1,260.04 MXN
110 SGD = 1,386.04 MXN. 120 SGD = 1,512.05 MXN. 130 SGD = 1,638.05 MXN. 140 SGD = 1,764.05 MXN. 150 SGD = 1,890.06 MXN. 160 SGD = 2,016.06 MXN. 170 SGD = 2,142.06 MXN. 180 SGD = 2,268.07 MXN. 190 SGD = 2,394.07 MXN.
200 SGD = 2,520.08 MXN
210 SGD = 2,646.08 MXN. 220 SGD = 2,772.08 MXN. 230 SGD = 2,898.09 MXN. 240 SGD = 3,024.09 MXN. 250 SGD = 3,150.10 MXN. 260 SGD = 3,276.10 MXN. 270 SGD = 3,402.10 MXN. 280 SGD = 3,528.11 MXN. 290 SGD = 3,654.11 MXN.
300 SGD = 3,780.11 MXN
310 SGD = 3,906.12 MXN. 320 SGD = 4,032.12 MXN. 330 SGD = 4,158.13 MXN. 340 SGD = 4,284.13 MXN. 350 SGD = 4,410.13 MXN. 360 SGD = 4,536.14 MXN. 370 SGD = 4,662.14 MXN. 380 SGD = 4,788.14 MXN. 390 SGD = 4,914.15 MXN.
400 SGD = 5,040.15 MXN
410 SGD = 5,166.16 MXN. 420 SGD = 5,292.16 MXN. 430 SGD = 5,418.16 MXN. 440 SGD = 5,544.17 MXN. 450 SGD = 5,670.17 MXN. 460 SGD = 5,796.18 MXN. 470 SGD = 5,922.18 MXN. 480 SGD = 6,048.18 MXN. 490 SGD = 6,174.19 MXN.
500 SGD = 6,300.19 MXN
510 SGD = 6,426.19 MXN. 520 SGD = 6,552.20 MXN. 530 SGD = 6,678.20 MXN. 540 SGD = 6,804.21 MXN. 550 SGD = 6,930.21 MXN. 560 SGD = 7,056.21 MXN. 570 SGD = 7,182.22 MXN. 580 SGD = 7,308.22 MXN. 590 SGD = 7,434.22 MXN.
600 SGD = 7,560.23 MXN
610 SGD = 7,686.23 MXN. 620 SGD = 7,812.24 MXN. 630 SGD = 7,938.24 MXN. 640 SGD = 8,064.24 MXN. 650 SGD = 8,190.25 MXN. 660 SGD = 8,316.25 MXN. 670 SGD = 8,442.26 MXN. 680 SGD = 8,568.26 MXN. 690 SGD = 8,694.26 MXN.
700 SGD = 8,820.27 MXN
710 SGD = 8,946.27 MXN. 720 SGD = 9,072.27 MXN. 730 SGD = 9,198.28 MXN. 740 SGD = 9,324.28 MXN. 750 SGD = 9,450.29 MXN. 760 SGD = 9,576.29 MXN. 770 SGD = 9,702.29 MXN. 780 SGD = 9,828.30 MXN. 790 SGD = 9,954.30 MXN.
800 SGD = 10,080.30 MXN
810 SGD = 10,206.31 MXN. 820 SGD = 10,332.31 MXN. 830 SGD = 10,458.32 MXN. 840 SGD = 10,584.32 MXN. 850 SGD = 10,710.32 MXN. 860 SGD = 10,836.33 MXN. 870 SGD = 10,962.33 MXN. 880 SGD = 11,088.34 MXN. 890 SGD = 11,214.34 MXN.
900 SGD = 11,340.34 MXN
910 SGD = 11,466.35 MXN. 920 SGD = 11,592.35 MXN. 930 SGD = 11,718.35 MXN. 940 SGD = 11,844.36 MXN. 950 SGD = 11,970.36 MXN. 960 SGD = 12,096.37 MXN. 970 SGD = 12,222.37 MXN. 980 SGD = 12,348.37 MXN. 990 SGD = 12,474.38 MXN.
1000 SGD = 12,600.38 MXN
1100 SGD = 13,860.42 MXN. 1200 SGD = 15,120.46 MXN. 1300 SGD = 16,380.50 MXN. 1400 SGD = 17,640.53 MXN. 1500 SGD = 18,900.57 MXN. 1600 SGD = 20,160.61 MXN. 1700 SGD = 21,420.65 MXN. 1800 SGD = 22,680.69 MXN. 1900 SGD = 23,940.72 MXN.
2000 SGD = 25,200.76 MXN
2100 SGD = 26,460.80 MXN. 2200 SGD = 27,720.84 MXN. 2300 SGD = 28,980.88 MXN. 2400 SGD = 30,240.91 MXN. 2500 SGD = 31,500.95 MXN. 2600 SGD = 32,760.99 MXN. 2700 SGD = 34,021.03 MXN. 2800 SGD = 35,281.07 MXN. 2900 SGD = 36,541.10 MXN.
3000 SGD = 37,801.14 MXN
3100 SGD = 39,061.18 MXN. 3200 SGD = 40,321.22 MXN. 3300 SGD = 41,581.26 MXN. 3400 SGD = 42,841.30 MXN. 3500 SGD = 44,101.33 MXN. 3600 SGD = 45,361.37 MXN. 3700 SGD = 46,621.41 MXN. 3800 SGD = 47,881.45 MXN. 3900 SGD = 49,141.49 MXN.
4000 SGD = 50,401.52 MXN
4100 SGD = 51,661.56 MXN. 4200 SGD = 52,921.60 MXN. 4300 SGD = 54,181.64 MXN. 4400 SGD = 55,441.68 MXN. 4500 SGD = 56,701.71 MXN. 4600 SGD = 57,961.75 MXN. 4700 SGD = 59,221.79 MXN. 4800 SGD = 60,481.83 MXN. 4900 SGD = 61,741.87 MXN.
5000 SGD = 63,001.91 MXN
5100 SGD = 64,261.94 MXN. 5200 SGD = 65,521.98 MXN. 5300 SGD = 66,782.02 MXN. 5400 SGD = 68,042.06 MXN. 5500 SGD = 69,302.10 MXN. 5600 SGD = 70,562.13 MXN. 5700 SGD = 71,822.17 MXN. 5800 SGD = 73,082.21 MXN. 5900 SGD = 74,342.25 MXN.
6000 SGD = 75,602.29 MXN
6100 SGD = 76,862.32 MXN. 6200 SGD = 78,122.36 MXN. 6300 SGD = 79,382.40 MXN. 6400 SGD = 80,642.44 MXN. 6500 SGD = 81,902.48 MXN. 6600 SGD = 83,162.51 MXN. 6700 SGD = 84,422.55 MXN. 6800 SGD = 85,682.59 MXN. 6900 SGD = 86,942.63 MXN.
7000 SGD = 88,202.67 MXN
7100 SGD = 89,462.71 MXN. 7200 SGD = 90,722.74 MXN. 7300 SGD = 91,982.78 MXN. 7400 SGD = 93,242.82 MXN. 7500 SGD = 94,502.86 MXN. 7600 SGD = 95,762.90 MXN. 7700 SGD = 97,022.93 MXN. 7800 SGD = 98,282.97 MXN. 7900 SGD = 99,543.01 MXN.
8000 SGD = 100,803.05 MXN
8100 SGD = 102,063.09 MXN. 8200 SGD = 103,323.12 MXN. 8300 SGD = 104,583.16 MXN. 8400 SGD = 105,843.20 MXN. 8500 SGD = 107,103.24 MXN. 8600 SGD = 108,363.28 MXN. 8700 SGD = 109,623.31 MXN. 8800 SGD = 110,883.35 MXN. 8900 SGD = 112,143.39 MXN.
9000 SGD = 113,403.43 MXN
9100 SGD = 114,663.47 MXN. 9200 SGD = 115,923.51 MXN. 9300 SGD = 117,183.54 MXN. 9400 SGD = 118,443.58 MXN. 9500 SGD = 119,703.62 MXN. 9600 SGD = 120,963.66 MXN. 9700 SGD = 122,223.70 MXN. 9800 SGD = 123,483.73 MXN. 9900 SGD = 124,743.77 MXN.
10000 SGD = 126,003.81 MXN
10100 SGD = 127,263.85 MXN. 10200 SGD = 128,523.89 MXN. 10300 SGD = 129,783.92 MXN. 10400 SGD = 131,043.96 MXN. 10500 SGD = 132,304.00 MXN. 10600 SGD = 133,564.04 MXN. 10700 SGD = 134,824.08 MXN. 10800 SGD = 136,084.11 MXN. 10900 SGD = 137,344.15 MXN.
11000 SGD = 138,604.19 MXN
11100 SGD = 139,864.23 MXN. 11200 SGD = 141,124.27 MXN. 11300 SGD = 142,384.31 MXN. 11400 SGD = 143,644.34 MXN. 11500 SGD = 144,904.38 MXN. 11600 SGD = 146,164.42 MXN. 11700 SGD = 147,424.46 MXN. 11800 SGD = 148,684.50 MXN. 11900 SGD = 149,944.53 MXN.
12000 SGD = 151,204.57 MXN
12100 SGD = 152,464.61 MXN. 12200 SGD = 153,724.65 MXN. 12300 SGD = 154,984.69 MXN. 12400 SGD = 156,244.72 MXN. 12500 SGD = 157,504.76 MXN. 12600 SGD = 158,764.80 MXN. 12700 SGD = 160,024.84 MXN. 12800 SGD = 161,284.88 MXN. 12900 SGD = 162,544.92 MXN.
13000 SGD = 163,804.95 MXN
13100 SGD = 165,064.99 MXN. 13200 SGD = 166,325.03 MXN. 13300 SGD = 167,585.07 MXN. 13400 SGD = 168,845.11 MXN. 13500 SGD = 170,105.14 MXN. 13600 SGD = 171,365.18 MXN. 13700 SGD = 172,625.22 MXN. 13800 SGD = 173,885.26 MXN. 13900 SGD = 175,145.30 MXN.
14000 SGD = 176,405.33 MXN
14100 SGD = 177,665.37 MXN. 14200 SGD = 178,925.41 MXN. 14300 SGD = 180,185.45 MXN. 14400 SGD = 181,445.49 MXN. 14500 SGD = 182,705.52 MXN. 14600 SGD = 183,965.56 MXN. 14700 SGD = 185,225.60 MXN. 14800 SGD = 186,485.64 MXN. 14900 SGD = 187,745.68 MXN.
15000 SGD = 189,005.72 MXN
Currency graphs have been hyperactive with high jumps and low dips lately. This fluctuation is normal and is governed by supply and demand.
Currency exchange involves the buying and selling of the world's monies vis-à-vis any other commodity. If the need for a particular country's currency is high, the high demand leads to a higher forex rate, and vice versa.
Just like the demand and supply of oil is influenced by the number of vehicles on the road or the technological efficiency in the production of that oil, money has similar determinants.
They range from monetary policies to politics and other factors that affect the economy.
Inflation rates are direct indicators of the purchasing power of a country's currency. If the inflation rate is high in your country, you might need more money to buy a cup of coffee now than you did last year. If it is low, the same cup of coffee will cost surprisingly lower.
High inflation rates indicate a weakening economy, while low inflation rates denote a strengthening economy. Currency values rise when the inflation rate is lower, and the economy is stronger. They fall when inflation rises.
Economy and politics are tied at the hip. Bad political temperatures can lead to the weakening of a country's currency and cause it to trade for less in the forex market. That is why you find that 1 USD can be worth thousands in countries with unstable politics from Venezuela to Zimbabwe. When politics is bad, it destroys the business environment and productivity, leading to a weaker economy.
Politically sound countries, on the other hand, have an encouraging environment for investors and innovators. Their economy gets stronger, and the demand for their currencies increases. However, even politically stable countries can have rapid changes in exchange rates when nearing an election.
Higher interest rate is another investor magnet. Let's say country A has a higher interest rate than country B. Lenders get high rates and investors are guaranteed a higher return on their investments in country A. This country will, therefore, attract more business from the outside and entrepreneurship from the inside than country B which has lower interest’s rates. The economy of country A will outperform that of country B, and it will see its currency value appreciate significantly.
International trade affects the balance of trade between country A and B. It shows interest, dividend, and earnings made from the exchange of goods between those two countries. Country A would have a deficit of its buying more of country B's products.
This country would spend more currency than it receives from trading with country B. The excess demand for country B's currency drives up its value because it starts to become scarce. On the other hand, country A's currency value will start to decline because the world is oversupplied with it.
Countries that operate on a deficit budget spend more than they make (collect in taxes). These countries often turn to internal or international borrowing to fill the gap in their finances and stimulate the economy.
However, that can lead to a massive public debt that discourages foreign investors and domestic entrepreneurs because large public debt drives up inflation and minimize returns on investment. The economy of such a country takes on a downturn. That eventuality leads to a weaker currency and a lower exchange rate.
Much of the whipsawing currently happening in the Forex market is linked to the coronavirus. Health disasters like these wreak havoc to a country's economy and make it impossible to work. A lot of resources are directed towards the health issue, while other areas of the economy suffer.
When it comes to ailments like influenza, malaria, and HIV AIDs, developed countries, have created better response strategies and lowered their infection rates. These countries boast of better economies as a result, and higher exchange rates in the Forex market.
But for a new epidemic that is affecting all parts of the world equally, exchange rates are dropping and rising based on individual country's response measures, death tolls, and progress in developing a cure vaccine.
Countless factors affect the demand and supply of a country's currency and in turn, the exchange rate. It all boils down to economic productivity and stability. Countries with stronger or strengthening economies will have a higher exchange rate (you will buy more foreign currency with their money) compared to countries with weaker or weakening economies.
Exchange Rates Tomorrow (ERT)