GBP/SGD: what to know
The GBP/SGD rate shows how much SGD you get for 1 GBP. Right now, 1 GBP buys 1.7131 SGD at the mid-market rate. In the other direction, 1 SGD is worth 0.5837 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while SGD responds to the MAS-managed currency basket.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the GBP/SGD rate has ranged between 1.6976 and 1.7464 — a change of -1.75% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.