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SGD to JPY Forecasts – Singapore dollar to Japanese yen

Latest SGD to JPY forecasts including bank predictions, key market drivers and recent trends for SGD/JPY. See where analysts expect the pair to move and the factors likely to influence it.

 

SGD to JPY Forecast & Outlook

13 Jun 2026 • 01:09 GMT

SGD/JPY 124.8

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 124.8000 – 127.3910
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, SGD/JPY is trading close to 7-day highs around 124.8, supported by risk-off sentiment and safe-haven flows. The pair is holding near recent highs, trading within its recent range, which suggests a constructive bias in the short term. Near-term conditions may remain supported if risk sentiment stays pressured.

💸 Transfer implications

  • Expats: sending money to Japan may find current exchange rates more favourable than recent levels.
  • Travellers: exchanging SGD for JPY could face support for higher JPY prices, making Japanese Yen purchases slightly less advantageous.
  • Businesses: paying overseas JPY invoices with SGD may see conditions remain supportive for conversions.

🧭 Key drivers

  • Rate gap: The SGD remains supported by a narrowing rate differential amid stable policies.
  • Risk/commodities: Risk-off conditions continue to pressure risk-sensitive FX, supporting the yen.
  • Global factors: US CPI inflation trends influence US-Japan risk sentiment, supporting JPY.

⚠️ What could change it

  • Upside risk: If risk sentiment diminishes, SGD could strengthen, reducing the pair’s recent highs.
  • Downside risk: A sudden escalation in risk-off conditions may push the pair even higher, supported by safe-haven flows.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

SGD-JPY Rate Calculator

 
 
   
   
   
   
   
 
 

SGD to JPY Market Data

Singapore dollar (SGD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell SGD   →   Buy JPY
1 SGD =
124.81We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d+0.2%▲
SGD to JPY at 125.0 is just above its 3-month average, having traded in a stable 1.8% range from 123.0 to 125.2
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Compare & Save - Singapore dollar to Japanese yen

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to Japanese yen (JPY) rates from different sources before making a conversion.

Use our SGD to JPY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Singapore dollar to Yen currency rates and the possible savings of using various providers.

 
 

Will the Singapore dollar rise against the Japanese yen?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore dollar vs Japanese yen current value is to look the SGD/JPY historic rate and change over a range of periods.

The following table looks at the change in the SGD to JPY exchange rate over periods from the previous week back to the last 10 years.

DateSGD/JPYChangePeriod
05 Jun 2026
124.16
0.5% ▲2 Week
21 Mar 2026
124.16
0.5% ▲3 Month
19 Jun 2025
112.97
10.5% ▲1 Year
20 Jun 2021
81.94
52.3% ▲5 Year
21 Jun 2016
77.92
60.2% ▲10 Year
24 Jun 2006
72.86
71.3% ▲20 Year
SGD/JPY historic rates & change to 19-Jun-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add SGD/JPY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more