Currency pair AUDSGD belongs to the group of exotic trading instruments and shows a ratio of the Australian dollar to Singapore dollar. In this trading instrument the Australian dollar acts as the base currency, and Singapore dollar — quoted. The rate of AUDSGD specifies how many national currency units of Singapore it is necessary to pay for the acquisition of one Australian dollar.
Thanks to economic stability, a low rate of inflation, a vigorous trading activity and rich gold and exchange inventories of Singapore, the national currency of this country differs in balanced nature and isn't characterized by chaotic jumps.
High level of living and activity of the industrial sector as Singapore and Australia gives notable support to the AUDSGD trading instrument, making it an excellent choice for long-term investments. Forecasting movement of AUDSGD it is necessary to pay attention to the level of export and to the fundamental data from the main partner countries of Singapore and Australia.