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SGD to CNY - Rate Guide

Singapore Dollar to Chinese Yuan exchange rates aren't all the same.

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

 

1 SGD = 5.0291 CNY

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SGD to CNY - Trading Range (90 Day)
90-DAY LOW (1d)
SGD/CNY at 5.0217 was trading 2% below the 90-day average 5.1226 with a range 5.0145 to 5.186. There are no current rate alerts.
24-FEB 5PM-NY 10PM-LON | 25-Feb 9AM-SYD

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Quick Conversions from Singapore Dollar to Chinese Yuan

SGD

CNY

S$ 1
¥ 5.0291
S$ 5
¥ 25.15
S$ 10
¥ 50.29
S$ 20
¥ 100.58
S$ 50
¥ 251.46
S$ 100
¥ 502.91
S$ 250
¥ 1,257
S$ 500
¥ 2,515
S$ 1,000
¥ 5,029
S$ 2,000
¥ 10,058
S$ 5,000
¥ 25,146
S$ 10,000
¥ 50,291
S$ 50,000
¥ 251,455
S$ 100,000
¥ 502,910
More amounts

SGD

CNY

S$ 0.1988
¥ 1
S$ 0.9940
¥ 5
S$ 1.9880
¥ 10
S$ 3.9760
¥ 20
S$ 9.9400
¥ 50
S$ 19.88
¥ 100
S$ 49.70
¥ 250
S$ 99.40
¥ 500
S$ 198.80
¥ 1,000
S$ 397.60
¥ 2,000
S$ 994.00
¥ 5,000
S$ 1,988
¥ 10,000
S$ 9,940
¥ 50,000
S$ 19,880
¥ 100,000
More amounts

To calculate specific SGD/CNY amounts use our Convert SGD to CNY quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/CNY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to CNY International Money Transfers

  

Foreign Transfer ProvidersReceive CNY(¥)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
50,006 ¥5.0262S$510.61%
OCBC Bank International Money Transfers
OCBC Bank logo
48,464 ¥4.8954S$1003.67%
OFX logo
48,330 ¥4.8330 for BER users (normally $15)3.94%
DBS Bank logo
47,785 ¥4.7871185.02%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
47,615 ¥4.7791185.36%
HSBC logo
47,316 ¥4.7387S$155.95%
Citibank International Money Transfers
Citibank logo
46,895 ¥4.6951126.79%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 
TransferWise logo
TransferWise: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:5.0262 (0.1% from mid-rate)
To Amount (CNY)50,006 ¥
Total Cost:0.61%
Time:1:12 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:4.8954 (2.7% from mid-rate)
To Amount (CNY)48,464 ¥
Total Cost:3.67%
Difference:
¥1,542 CNY less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:4.8330 (3.94% from mid-rate)
To Amount (CNY)48,330 ¥
Total Cost:3.94%
Difference:
¥1,676 CNY less than using TransferWise
Time:
Rate Fetched: Tue Feb 25 2020 00:15:02 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:4.7871 (4.85% from mid-rate)
To Amount (CNY)47,785 ¥
Total Cost:5.02%
Difference:
¥2,221 CNY less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:4.7483 (5.62% from mid-rate)
To Amount (CNY)47,615 ¥
Total Cost:5.36%
Difference:
¥2,391 CNY less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:4.7387 (5.81% from mid-rate)
To Amount (CNY)47,316 ¥
Total Cost:5.95%
Difference:
¥2,690 CNY less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:4.6951 (6.68% from mid-rate)
To Amount (CNY)46,895 ¥
Total Cost:6.79%
Difference:
¥3,111 CNY less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer SGD→CNY
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/25/2020 - View latest rates
 

Country Guides (SGD & CNY)

ChinaChina (CNY)SingaporeSingapore (SGD)

SGD and CNY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs CNY, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Chinese Yuan (CNY)

In early August the offshore yuan surged to a decade high of 7.05 per US dollar, breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Increasingly, the yuan is being used as a barometer for progress made on US-China trade talks.

Trade tensions have ramped up again since May when 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.


How to get Best SGD to CNY Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

What is a good SGD to CNY exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to CNY exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/CNYDate
1 Day+0.1%5.012723 Feb 2020
7 Day-0.1%5.023917 Feb 2020
30 Day-2.2%5.133125 Jan 2020
3 Month-2.6%5.154626 Nov 2019
1 Year+0.9%4.972824 Feb 2019
5 Year+9%4.604325 Feb 2015
10 Year+3.4%4.854926 Feb 2010

*For period to 24-Feb 21UTC when SGD/CNY was 5.0199

When is the best time to exchange SGD to CNY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates