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CNY/SGD - Live Converters & Chart

Chinese Yuan to Singapore Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

CNY to SGD interbank exchange rate = 0.1997

This calculator converts amounts at the latest SGD/CNY mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

CNY / SGD converter & margin calculator

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Mid-rates:
 
 

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Sending CNY->SGD we recommend:

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Chinese Yuan

Singapore Dollar

1 CNY 0.1997 SGD
5 CNY 0.9985 SGD
10 CNY 1.9970 SGD
20 CNY 3.9940 SGD
50 CNY 9.9850 SGD
100 CNY 19.97 SGD
250 CNY 49.93 SGD
500 CNY 99.85 SGD
1,000 CNY 199.70 SGD
2,000 CNY 399.40 SGD
5,000 CNY 998.50 SGD
10,000 CNY 1,997.00 SGD
50,000 CNY 9,985.00 SGD
100,000 CNY 19,970.00 SGD
See more

Chinese Yuan

Singapore Dollar

5.0076 CNY 1 SGD
25.04 CNY 5 SGD
50.08 CNY 10 SGD
100.15 CNY 20 SGD
250.38 CNY 50 SGD
500.76 CNY 100 SGD
1,251.90 CNY 250 SGD
2,503.80 CNY 500 SGD
5,007.60 CNY 1,000 SGD
10,015.20 CNY 2,000 SGD
25,038.00 CNY 5,000 SGD
50,076.00 CNY 10,000 SGD
250,380.00 CNY 50,000 SGD
500,760.00 CNY 100,000 SGD
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CNY/SGD - Historical Trends

This table shows historic rates and trends of Chinese Yuan to Singapore Dollar over periods upto 10 years.

PeriodCNY/SGDDate
1 Day0.199118 May 2019
1 Week0.199912 May 2019
1 Month0.202119 Apr 2019
6 Months0.198020 Nov 2018
1 Year0.210519 May 2018
5 Years0.201220 May 2014
10 Years0.213621 May 2009

You can use our CNY interactive charts to check CNYSGD historic trends.

Outlook and forecasts for CNY and SGD

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the CNY vs SGD, you should pay attention to the forecasts and trends for both Chinese Yuan and Singapore Dollar:

 

Chinese Yuan (CNY) outlook

Increasingly, the yuan is being used as a barometer for progress made on US-China trade talks. For that reason, it fell sharply in the weeks leading up to this report (May-17).

Trade tensions were ramped up in May after President Trump announced higher tariffs on Chinese goods, after China retaliated with tariffs of its own, and then after Trump placed Huawei on the "entity list," thereby making it impossible for the tech giant to do business with US firms.

Between May-6 and May-17, the yuan weakened in the offshore market by 3 percent (a considerable amount for a government-controlled currency) to a 5-month low of 6.95 per USD. Onshore yuan, which is more easily controlled by the PBOC, reached towards 6.92.

All eyes now are on the 7.0 exchange rate. Will the PBOC allow the yuan beyond that? An RBC strategist believes that’s unlikely in the short term because a weaker yuan would create more friction between China and the US. Trump often alleges that China purposefully weakens its currency to gain a trade advantage.

“A rapid conclusion to the US–China trade deal and … complete rollback of tariffs ... would be an effective catalyst to drive RMB higher,” Citibank said.

 

Singapore Dollar (SGD) outlook

A big-picture view shows SGD trading sideways against the pound since late 2016, now at S$1.763. SGD reached a 17-month high against the Malaysian ringgit in April, at RM3.073.

With core inflation at a 9-month low in the lead-up to this report and quarterly economic growth at a 2-year low, it’s likely that the Monetary Authority of Singapore will keep monetary policy unchanged when it next meets in October.

According to TradingEconomics.com, the Singapore dollar is likely to be worth S$1.37 per US dollar in 12 months’ time (April 2020).

Read the full article Singapore Dollar Forecasts.

Why can't I just get the CNY/SGD market rate I see online or in the media?

The CNY/SGD mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the CNY / SGD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

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