Current Forecast of Singapore Dollar to US Dollar

Units: SGD per USD, Average of Month.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for Singapore Dollar to US Dollar

DateForecast
Oct-171.3595
Nov-171.383
Dec-171.384
Jan-181.388
Feb-181.377
Mar-181.365
Apr-181.351

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.

The Singapore Dollar

The Singapore dollar, or dollar or sgd, is the official currency of Singapore and is also accepted in Brunei.  The Singapore dollar is the 15th most traded currency in the world.