Loading...

Home pages - full list (A-Z)

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 transactions as shown below.

 

SGD/CNY update & alerts

1 SGD = 5.1915 CNY

ALERT: 90-DAY HIGH |
SGD/CNY was trading well above the average 5.1224 with period LOW 5.0096 and HIGH 5.1917 for the last 90 days. ALERT: Today SGD/CNY has risen to a 90-DAY HIGH. 13:16-AEDT 03:16-BST 22:16-EDT
 

More Charts

SGD/CNY Exchange Rates and Providers Compared

This guide to the Singapore Dollar to Chinese Yuan exchange rate with 90-day chart & alerts, historic rates, forecasts and SGD to CNY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the SGD/CNY Calculator.

Exchange rates can 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
¥51,5985.1863S$510.61%
OCBC Bank International Money Transfers
OCBC Bank logo
¥50,0085.0513S$1003.67%
OFX logo
¥49,7734.97730 for BER users (normally $15)4.13%
DBS Bank logo
¥49,2114.93185.21%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
¥49,0614.9242185.5%
HSBC logo
¥48,7284.8801S$156.14%
Citibank International Money Transfers
Citibank logo
¥48,2954.8353126.97%
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:5.1863 (0.1% from mid-rate)
To Amount (CNY) ¥51,598
Total Cost:0.61%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
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:5.0513 (2.7% from mid-rate)
To Amount (CNY) ¥50,008
Total Cost:3.67%
Difference:
¥1,590 CNY less than using TransferWise
Time:1:09 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:4.9773 (4.13% from mid-rate)
To Amount (CNY) ¥49,773
Total Cost:4.13%
Difference:
¥1,825 CNY less than using TransferWise
Time:
Rate Fetched: Sat Oct 19 2019 00:14:41 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:4.9300 (5.04% from mid-rate)
To Amount (CNY) ¥49,211
Total Cost:5.21%
Difference:
¥2,387 CNY less than using TransferWise
Time:1:09 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:4.8901 (5.81% from mid-rate)
To Amount (CNY) ¥49,061
Total Cost:5.5%
Difference:
¥2,537 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:4.8801 (6% from mid-rate)
To Amount (CNY) ¥48,728
Total Cost:6.14%
Difference:
¥2,870 CNY less than using TransferWise
Time:1:09 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:4.8353 (6.86% from mid-rate)
To Amount (CNY) ¥48,295
Total Cost:6.97%
Difference:
¥3,303 CNY less than using TransferWise
Time:1:09 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 10/19/2019 - See full table

SGD / CNY converter & margin calculator

S$SGD
¥CNY
mid-rates

Compare how much you can save on SGD/CNY exchange rates for:

Foreign Transfers

Foreign Transfers Travel Money

Singapore Dollar

Chinese Yuan

1 SGD 5.1915 CNY
5 SGD 25.96 CNY
10 SGD 51.92 CNY
20 SGD 103.83 CNY
50 SGD 259.58 CNY
100 SGD 519.15 CNY
250 SGD 1,297.88 CNY
500 SGD 2,595.75 CNY
1,000 SGD 5,191.50 CNY
2,000 SGD 10,383.00 CNY
5,000 SGD 25,957.50 CNY
10,000 SGD 51,915.00 CNY
50,000 SGD 259,575.00 CNY
100,000 SGD 519,150.00 CNY
See more

Singapore Dollar

Chinese Yuan

0.1926 SGD 1 CNY
0.9630 SGD 5 CNY
1.9260 SGD 10 CNY
3.8520 SGD 20 CNY
9.6300 SGD 50 CNY
19.26 SGD 100 CNY
48.15 SGD 250 CNY
96.30 SGD 500 CNY
192.60 SGD 1,000 CNY
385.20 SGD 2,000 CNY
963.00 SGD 5,000 CNY
1,926.00 SGD 10,000 CNY
9,630.00 SGD 50,000 CNY
19,260.00 SGD 100,000 CNY
See more
Country Guides (SGD & CNY)
ChinaChina (CNY)SingaporeSingapore (SGD)

SGD/CNY - Historical Trends

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

PeriodChange*SGD/CNYDate
1 Day+0.1%5.185617 Oct 2019
7 Day+0.5%5.165711 Oct 2019
30 Day+0.8%5.148318 Sep 2019
3 Month+2.6%5.058420 Jul 2019
1 Year+3.4%5.022018 Oct 2018
5 Year+7.9%4.809919 Oct 2014
10 Year+5.9%4.900020 Oct 2009

*For period to 18-Oct 21UTC when SGD/CNY was 5.1915

You can use our SGD interactive charts to check SGDCNY historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

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.

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

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the SGD / CNY was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

 

View all SGD Exchange Rates