SGD/BTC: what to know
The SGD/BTC rate shows how much BTC you get for 1 SGD. Right now, 1 SGD buys 0.0000101426 BTC at the mid-market rate. In the other direction, 1 BTC is worth 98,593.70 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while BTC responds to crypto-market sentiment and liquidity.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The supply is capped at 21 million coins.
Over the past 12 months the SGD/BTC rate has ranged between 0.00000619791 and 0.0000131974 — a change of +52.22% 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.