SGD to TWD Forecast & Outlook
28 Mar 2026 • 01:03 GMT
📊 Forecast snapshot
- Near-term bias: 🟠 Range-bound, downside bias
- Expected range: 24.3300 – 24.7900
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend:
Currently, SGD/TWD is trading near its 14-day lows around 24.79, close to the 3-month average. The pair remains within a narrow range, supported by cautious risk sentiment. Over the next few sessions, market conditions may remain sensitive to risk-off flows, keeping the pair consolidating within its recent range.
💸 Transfer implications
- Expats: sending money to Taiwan may find the current exchange rate less favourable than recent levels.
- Travellers: exchanging currency could face slightly higher costs for TWD in the near term.
- Businesses: paying overseas TWD invoices might encounter less advantageous conversion rates.
🧭 Key drivers
- Rate gap: The Singapore Dollar's yield and policy stance remain stable, with no significant shifts expected.
- Risk/commodities: The market is influenced by risk-off sentiment, supported by cautious global risk appetite.
- Global factors: Broader risk aversion continues to support safe-haven currencies, pressuring risk-sensitive FX.
⚠️ What could change it
- Upside risk: A shift toward risk appetite could push SGD higher, improving the pair.
- Downside risk: Escalating global risk sentiment may deepen risk-off flow, pressuring SGD further.
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