The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
JPY to SGD Market Data
Japanese yen (JPY) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the JPY to SGD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Japanese yen against the Singapore dollar is to review how the JPY/SGD rate has changed over time.
The table below shows the percentage change in the JPY to SGD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
FX analysts report that the SGD is under pressure, trading at 111.3 JPY, 2.2% below its three-month average. Trade tensions and mixed economic data weigh on the SGD, while the JPY strengthens on BoJ’s interest rate hike. Expect further volatility in SGD/JPY. 10-Mar
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different JPY amounts at today’s rate * :
The standard OFX JPY-SGD rate is 0.00884754, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Japanese yen (JPY) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above
Yen to Singapore dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest JPY-SGD mid-rate and the possible savings of using various providers.
How do JPY-SGD rates compare between providers?
Looking at the
full comparison table
the best JPY to SGD exchange rate is 0.0089 from OFX, -0.61% from the mid-market rate 0.008955. The next best rate is 0.0089 from XE, -0.61% from the mid-rate. Then Wise with 0.0089 is -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.