S$1 = 1000 KRW: Singapore dollar hits 13-year high against the Korean won

  Asian currencies have broadly declined against the buoyant US dollar, sliding to levels not seen since the Asian financial crisis. Among the worst-hit currencies is the Korean won which extended losses this month, dragged down by the U.S. Federal Reserve’s aggressive monetary tightening. South Korea which is export-dependant also comes under increasing pressure with higher oil prices and a deteriorating trade balance. On the flip side, the Singapore’s dollar has been resilient against the US dollar. To fight inflation



Aussie dollar slides to a historical low of S$1.00 = AUD1.25

Australian dollar dives towards a new low against the Singdollar The Australian dollar has dropped further against the Singapore dollar, pointing towards an all-time low of 1.25, a rate never seen before since September 2001 when it hits 1.18 according to The AUD has plummeted amid ongoing concern regarding the coronavirus pandemic and could sink further as it takes its toll on the economy. The historical rates of the SGD/AUD pair from shows it briefly hits 1.18 in 2001


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Australian dollar hits decade low against the Singdollar: S$1.00 = AUD1.11

The Australian dollar has declined against major currencies The Australian dollar has dropped to its lowest level against the Singapore currency since September 2001. The Singdollar is worth almost 25 per cent lesser than the Australian dollar in 2012 (SGD/AUD = 0.74), but has now climbed above the AUD amid the ongoing Coronavirus situation. A search for the SGD/AUD pair on Google shows that the rate has hit 1.11, a rate making overseas travel in Australia cheaper. The Aussie dollar is weaker