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

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

11 Apr 2026 • 01:01 GMT

SGD/JPY 125.0

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 122.9110 – 125.1000
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🔴 Downtrend

Currently, SGD/JPY is trading close to its recent highs, supported by risk-off sentiment and geopolitical tensions. The pair is holding near the 3-month average but remains within a narrow range. Over the next few sessions, the pair may face pressure if risk appetite improves and safe-haven flows diminish.

💸 Transfer implications

  • Expats: sending money to Japan may find conditions less favourable than recent levels if the pair declines.
  • Travellers: buying JPY may encounter higher costs if the pair holds near the recent high.
  • Businesses: paying JPY invoices using SGD could see conversions becoming less advantageous if the pair softens.

🧭 Key drivers

  • Rate gap: The Bank of Japan maintains a hawkish stance amid inflation concerns, but no significant yield gap favors the Yen at this time.
  • Risk/commodities: Elevated oil prices and geopolitical tensions support safe-haven flows into JPY and CHF.
  • Global factors: Rising oil prices and geopolitical tensions continue pressuring JPY and fostering risk-off conditions.

⚠️ What could change it

  • Upside risk: A decline in oil prices or easing geopolitical tensions could weaken safe-haven demand.
  • Downside risk: Improved risk sentiment or a shift in monetary policy outlook from the BOJ could support a JPY recovery.

Finding providers with lower margins may help offset less favourable exchange conditions.

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 =
125.04We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d+0.1%▲
SGD to JPY at 125.0 is 1.5% above its 3-month average of 123.2, having traded in a very stable 3.6% range from 120.8 to 125.1
|
Tracker

Manage Tracker   

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
27 Mar 2026
123.99
0.7% ▲2 Week
10 Jan 2026
122.68
1.8% ▲3 Month
10 Apr 2025
108.16
15.5% ▲1 Year
11 Apr 2021
81.79
52.7% ▲5 Year
12 Apr 2016
80.72
54.7% ▲10 Year
15 Apr 2006
73.71
69.4% ▲20 Year
SGD/JPY historic rates & change to 10-Apr-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   

 

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