Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

    Currency outlook SGD/JPY

    SGD to JPY Forecast & Outlook

    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

    01 Aug 2026 • 01:00 GMT

    SGD/JPY 122.6

    Forecast snapshot

    Quick SGD/JPY forecast

    Near-term bias🔴 Mild downside
    Expected range120.4550 – 122.6000
    Dominant driver🌍 Global risk sentiment

    Currently, SGD/JPY is trading close to 90-day lows near 122.6 and well below its 3-month average of 124.8. Risk-off sentiment driven by geopolitical tensions and safe-haven flows keeps the pair under pressure. Over the next few sessions, the pair may remain supported by risk aversion, but the decline might slow if global risk conditions stabilize.

    💸 Transfer implications

    • Expats: sending money to Japan may find current conditions less favourable than recent levels.
    • Travellers: buying Yen cash or loading currency cards could face weaker exchange rates if the pair continues to fall.
    • Businesses: paying Yen invoices with SGD might see higher costs if the pair sustains its downside movement.

    🧭 Key drivers

    • Rate gap: The yield differential favors the Yen, exacerbating the pair’s downward pressure.
    • Risk/commodities: Elevated geopolitical tensions bolster safe-haven demand for Yen.
    • Global factors: Broad risk-off bias is the dominant macro influence presently.

    ⚠️ What could change it

    • Upside risk: A reduction in geopolitical tensions might ease safe-haven flows into Yen.
    • Downside risk: Unexpected escalation in risk sentiment could deepen Yen strength further.

    BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs.

    Compare before you exchange

    Compare SGD to JPY rates

    Check today’s provider offers alongside the market outlook before you make a transfer.

    SGD/JPY exchange-rate comparison Compare rates and typical FX costs

     
     
       

    Rate direction

    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 =
    122.61We compare provider deals to this wholesale mid-market rate. Read more
    JPY
    1D−1.5%▼
    90dLows
    SGD to JPY is at 90-day lows near 122.6, 1.8% below its 3-month average of 124.8, having traded in a very stable 3.6% range from 122.6 to 127.0
    |
    Tracker

    Manage Tracker   

     

    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
    17 Jul 2026
    125.82
    		0.5% ▼2 Week
    02 May 2026
    123.28
    		1.5% ▲3 Month
    31 Jul 2025
    116.19
    		7.7% ▲1 Year
    01 Aug 2021
    80.99
    		54.5% ▲5 Year
    02 Aug 2016
    75.61
    		65.5% ▲10 Year
    05 Aug 2006
    72.98
    		71.5% ▲20 Year
    SGD/JPY historic rates & change to 31-Jul-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.

     
    Track Rate
     

    Manage Tracker