SGD/LTC: what to know
The SGD/LTC rate shows how much LTC you get for 1 SGD. Right now, 1 SGD buys 0.0142 LTC at the mid-market rate. In the other direction, 1 LTC is worth 70.1922 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while LTC responds to crypto-market sentiment.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the SGD/LTC rate has ranged between 0.00611904 and 0.0189 — a change of +122.97% 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.