About this pair
XPT/SGD: what to know
The XPT/SGD rate shows how much SGD you get for 1 XPT. Right now, 1 XPT buys 2,292.51 SGD at the mid-market rate. In the other direction, 1 SGD is worth 0.000436203 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while SGD responds to the MAS-managed currency basket.
Platinum is rarer than gold and vital for catalytic converters. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
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.