SGD/XAG: what to know
The SGD/XAG rate shows how much XAG you get for 1 SGD. Right now, 1 SGD buys 0.0121 XAG at the mid-market rate. In the other direction, 1 XAG is worth 82.3323 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while XAG responds to industrial demand and precious-metal trends.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. “XAG” uses silver’s Latin symbol Ag (argentum).
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.