SGD/XPT: what to know
The SGD/XPT rate shows how much XPT you get for 1 SGD. Right now, 1 SGD buys 0.000440878 XPT at the mid-market rate. In the other direction, 1 XPT is worth 2,268.20 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while XPT responds to industrial (auto) demand and supply.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. Platinum is rarer than gold and vital for catalytic converters.
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.