7 Currencies at 5 years low against SGD

 

Planning for a holiday?

Over the past year, SGD has been strengthening against other countries. So much so, it makes it more attractive to plan your holidays. If you are going for a trip, these countries would be the best choice as it gives you the biggest bang for your buck.

Here are 7 currencies that are at or near the all-time low against SGD

Korean Won

Korean Won is at an all-time low against SGD. Two years ago, it was at 800. Today, it is reaching close to 1000. It means it is 20% cheaper to go for a holiday in Korea than 2 years ago.

Japanese Yen

Source: Google

The Japanese Yen hit an all-time low at 102.7 a week ago. It is back down to 100.27. Nonetheless, it was at 75 back in 2020. This means it is 33% cheaper to head to Japan now

Malaysian Ringgit

Source: Google

The ringgit has always been an obsession with Singaporeans. At 3.2, it is near the all-time high. Interestingly, it is less than 10% stronger compared to the low at 2.95 back in 2018.

Thai Baht

Source: Google

Another favourite with locals is the Thai Baht. Since Thailand had removed most Covid restrictions for travellers, many eyes are on the Thai Baht. At 26.23, it is almost 20% higher than the low in 2019.

New Zealand Dollar

Source: Google

Want to travel further? 

New Zealand could be your next destination. At 1.22, it is much higher than the 1.04 recorded a year ago.

Euro

Source: Google

There has never been a better time to travel to Europe. At 0.72, it is much lower than the 0.61 recorded in 2018. Time to stock up the LV, Hermes and Chanel.

Pound Sterling

Source: Google

Pack your bags. it is time to visit your favourite football club. The Pound had dropped from 0.53 to 0.64 in less than a year. This would be music to those football fanatics.

With all these attractive currency rates, which country would you choose?

If you like our work, you can buy us a coffee. Your support will help keep us going!