LTC/SGD: what to know
The LTC/SGD rate shows how much SGD you get for 1 LTC. Right now, 1 LTC buys 70.1986 SGD at the mid-market rate. In the other direction, 1 SGD is worth 0.0142 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while SGD responds to the MAS-managed currency basket.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. 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 LTC/SGD rate has ranged between 53.0029 and 163.4244 — a change of -55.15% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.