CNY to SGD interbank exchange rate = 0.1997
This calculator converts amounts at the latest SGD/CNY mid-rate orto check the exchange rate you are being offered or already charged.
CNY / SGD converter & margin calculator
|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|
|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|
|SGD Country Guides|
CNY/SGD - Historical Trends
This table shows historic rates and trends of Chinese Yuan to Singapore Dollar over periods upto 10 years.
|1 Day||0.1991||18 May 2019|
|1 Week||0.1999||12 May 2019|
|1 Month||0.2021||19 Apr 2019|
|6 Months||0.1980||20 Nov 2018|
|1 Year||0.2105||19 May 2018|
|5 Years||0.2012||20 May 2014|
|10 Years||0.2136||21 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.
We help you Compare & Save Money on Exchange Rates.
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