Thank You, Ian Cragg, from SEND Payments, for the Market Update. Ian Cragg Thank You, Ian Cragg, from SEND Payments, for the Market Update. Ian Cragg

Thank You, Ian Cragg, from SEND Payments, for the Market Update.

Thank You, Ian Cragg, from SEND Payments, for the Market Update.

The AUD experienced a mixed performance this week, as central banks appear to be approaching the end of their hawkish phase. The coming months will be crucial in determining the direction of central bank policies.

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AUD Currency Update, AUD V SGD, AUD V GBP, AUD V AED, Australian Dollar Update 2023 Ian Cragg AUD Currency Update, AUD V SGD, AUD V GBP, AUD V AED, Australian Dollar Update 2023 Ian Cragg

AUD Currency Update over last 12 months V SGD, GBP, AED

AUD Currency Update over last 12 months V SGD, GBP, AED

AUD V SGD has fallen by -11% since April 2022 and has struggled to reach 0.94c over the past 6 months.

Typically the currency pairing has regularly enjoyed hovering around parity. However, the lows at the moment of 0.89c that we are currently experiencing are a far cry from the $1.05 we witnessed in August 2021.

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