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SGD to JPY - Rate Guide

Singapore Dollar to Japanese Yen 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/JPY update & alerts

1 SGD = 81.8 JPY

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SGD to JPY - Trading Range (90 Day)
90-DAY HIGH (2d)
SGD/JPY at 81.68 is trading 1.9% above the 90-day average 80.19 with a range 77.83 to 81.78. There are no current rate alerts.
19-Jan-2020 16:NY 21:LON 08:SYD+1d

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SGD/JPY Exchange Rates and Providers Compared

This guide to the Singapore Dollar to Japanese Yen exchange rate with 90-day chart & alerts, historic rates, forecasts and SGD to JPY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our SGD/JPY Quick 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/JPY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to JPY International Money Transfers

  

Foreign Transfer ProvidersReceive JPY(¥)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
¥812,73481.69S$510.6%
OFX logo
¥801,40080.140 for BER users (normally $15)1.99%
DBS Bank logo
¥792,27179.37183.11%
OCBC Bank International Money Transfers
OCBC Bank logo
¥787,64479.56S$1003.67%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
¥785,50178.84183.93%
HSBC logo
¥784,52178.57S$154.05%
Citibank International Money Transfers
Citibank logo
¥777,56677.85124.9%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 
TransferWise logo
TransferWise: Foreign Transfer SGD→JPY
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:81.69 (0.09% from mid-rate)
To Amount (JPY) ¥812,734
Total Cost:0.6%
Time:1:10 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer SGD→JPY
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:80.14 (1.99% from mid-rate)
To Amount (JPY) ¥801,400
Total Cost:1.99%
Difference:
¥11,334 JPY less than using TransferWise
Time:
Rate Fetched: Mon Jan 20 2020 00:14:16 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→JPY
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:79.37 (2.93% from mid-rate)
To Amount (JPY) ¥792,271
Total Cost:3.11%
Difference:
¥20,463 JPY less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer SGD→JPY
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:79.56 (2.7% from mid-rate)
To Amount (JPY) ¥787,644
Total Cost:3.67%
Difference:
¥25,090 JPY less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→JPY
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:78.73 (3.71% from mid-rate)
To Amount (JPY) ¥785,501
Total Cost:3.93%
Difference:
¥27,233 JPY less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→JPY
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:78.57 (3.91% from mid-rate)
To Amount (JPY) ¥784,521
Total Cost:4.05%
Difference:
¥28,213 JPY less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→JPY
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:77.85 (4.79% from mid-rate)
To Amount (JPY) ¥777,566
Total Cost:4.9%
Difference:
¥35,168 JPY less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer SGD→JPY
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 01/20/2020 - See full table

SGD and JPY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs JPY, 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.

 

Japanese Yen (JPY)

The threat of proxy war between the US and Iran in Iraq has helped bring on the recent gains in the Japanese yen and US dollar plus currencies pegged to the greenback such as the Hong Kong dollar.

Last year, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.

Why can't I just get the SGD/JPY 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 / JPY 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