Convert Mexican Peso to Singapore Dollar
MXN to SGD Exchange Rate Calculator
1 Mexican Peso (MXN) = 0.0740 Singapore Dollar (SGD) at the live mid-market rate. That means $100 MXN converts to roughly 7.40 SGD, and $1,000 MXN converts to about 73.97 SGD. The MXN/SGD rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day MXN/SGD context
Over the past 90 days, MXN/SGD has traded between 0.0713 and 0.0740. The current rate of 0.0740 sits roughly 97% through that range — near the upper end, meaning Singapore Dollar has been weaker than typical against Mexican Peso recently. Versus the rate 90 days ago, Mexican Peso has strengthened by 1.86% against Singapore Dollar.
MXN/SGD Price History
Interactive MXN/SGD exchange rate chart with 7-day, 30-day, and 90-day views.
About Mexican Peso (MXN)
The Mexican Peso (MXN) is the official currency of Mexico and the most-traded currency in Latin America. Nicknamed "the Mex" among FX traders, MXN benefits from high real yields and deep onshore liquidity, making it a perennial favourite in emerging-market carry trade strategies.
- •Most-traded emerging-market currency in the Americas
- •Banxico (Bank of Mexico) targets 3% CPI inflation (±1%)
- •Remittances from the US to Mexico exceeded $63 billion in 2024
- •USMCA (formerly NAFTA) links Mexico deeply to US trade
- •The "$" symbol originated with the Spanish peso before being adopted by the US Dollar
About Singapore Dollar (SGD)
The Singapore Dollar (SGD) is the official currency of Singapore, managed by the Monetary Authority of Singapore (MAS) under a unique exchange-rate-based monetary policy framework. Instead of setting interest rates, MAS steers SGD against an undisclosed trade-weighted basket (the S$NEER), making SGD one of the most carefully managed floats in the world.
- •MAS uses the S$NEER (Nominal Effective Exchange Rate) as its primary policy tool, not interest rates
- •Singapore is the world's third-largest forex trading hub
- •Singapore has run a current-account surplus every year since 1988
- •MAS announces policy twice a year (April and October)
- •The S$NEER basket composition is not published but is estimated to heavily weight USD, CNY, and MYR
Frequently Asked Questions
When is MXN/SGD most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when SGD markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for MXN/SGD?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move MXN/SGD the most?
The biggest scheduled catalysts are Banxico decisions and US-Mexico trade headlines and MAS semi-annual policy statements (April/October). Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert MXN to SGD at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market MXN/SGD than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the MXN/SGD rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market MXN/SGD rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Rate history
- USD/MXN historyUSD/MXN is the world's most-traded emerging-market currency pair, dominated by the US-Mexico economic relationship — over 80% of Mexican exports go to the US under USMCA
- USD/SGD historyUSD/SGD is unique among major-currency pairs — Singapore manages SGD against a trade-weighted basket of currencies (S$NEER), not against a single peg or a free float
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Exchange rates refresh hourly · Sourced from institutional-grade data providers