SGD/GBP: what to know
The SGD/GBP rate shows how much GBP you get for 1 SGD. Right now, 1 SGD buys 0.5836 GBP at the mid-market rate. In the other direction, 1 GBP is worth 1.7134 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while GBP responds to Bank of England policy and the UK economy.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the SGD/GBP rate has ranged between 0.5726 and 0.5891 — a change of +1.78% 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.