Recent forecasts for the SGD to CNY exchange rate suggest a period of stability, influenced by distinct economic factors in both Singapore and China. As of November 11, 2025, the SGD is trading at 5.4534 CNY, which is only 0.9% below its three-month average of 5.5004 CNY. This indicates a tight trading range, reflecting stability within a 2.6% band.
In Singapore, the Monetary Authority of Singapore (MAS) recently adjusted its monetary policy, easing appreciation of the Singapore dollar to support economic growth amidst global trade uncertainties. The GDP growth forecast was revised to a modest 1.5%-2.5% after a stronger-than-expected expansion of 2.9% in Q3 2025. Analysts note that Singapore has showcased characteristics of a safe-haven currency, particularly during times of financial stress in Asia, enhancing its appeal among investors.
Meanwhile, the Chinese yuan exhibits potential for strengthening, as global investment firms are forecasting a rise beyond the critical 7-yuan-per-dollar mark in 2026. This anticipated appreciation is driven by narrowing interest rate differentials between China and the U.S., improving trade relations, and notable capital inflows. The People's Bank of China is also actively working to stabilize the yuan against excessive fluctuations, pivotal for maintaining confidence amidst ongoing economic challenges.
Experts observe that the yuan's rise could influence trading dynamics with the SGD. The strengthening yuan may lead to shifts in export competitiveness for both countries—a critical factor given Singapore's reliance on trade. With the SGD retaining its safe-haven status and the CNY showing signs of support from government policies, the SGD to CNY exchange rate may remain relatively stable in the short to medium term. Businesses and individuals engaged in international transactions should closely monitor these developments to optimize currency conversion strategies.