SGD to PKR Forecast & Outlook
28 Mar 2026 • 01:02 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- Expected range: 212.2200 – 216.0000
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend:
Currently, SGD/PKR is trading near 90-day lows around 216, supported by risk-off sentiment and geopolitical tensions. Over the next few sessions, conditions may remain sensitive to risk appetite, which could keep the pair under downward pressure.
💸 Transfer implications
- Expats: sending money to Pakistan might find transfers less favourable than recent levels.
- Travellers: exchanging currency could face less advantageous rates for PKR purchases.
- Businesses: paying PKR invoices with SGD may see higher costs in the near term.
🧭 Key drivers
- Rate gap: The SGD to PKR has a widening yield and policy gap, with SGD holding near its 90-day lows.
- Risk/commodities: Risk-off conditions driven by geopolitical tensions and oil prices support safe-haven currencies.
- Global factors: The prevailing risk sentiment and external geopolitical concerns remain the dominant influence on the pair.
⚠️ What could change it
- Upside risk: Easing geopolitical tensions or a sudden improvement in risk appetite could support a recovery.
- Downside risk: Escalating geopolitical issues or a surge in risk aversion may deepen the pair’s decline.
BER suggests comparing FX providers to help offset less favourable exchange conditions and reduce total transfer costs.