1. Exchange Rates
  2. Singapore dollar (SGD)
  3. Japanese yen (JPY)

Convert SGD to JPY at Best Exchange Rates

1 Singapore dollar equals
Japanese yen 1SGD=JPY

There are three simple steps you need to take in order to get a good SGD-JPY exchange rate:

  1. Know the latest SGD to JPY market mid-rate - this is your starting point!
  2. Compare your Bank and licensed FX provider transaction costs, including the exchange rate margins as well as the various types of fees. These margins and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the Singapore dollar and Japanese yen currencies, if available.

1. Market SGD/JPY mid-rate

Right now the SGD/JPY market rate is and represents how many Japanese yen you can get for one Singapore dollar.

Calculate equivalent currency amounts with this SGD to JPY currency converter then select the transaction type to compare the best exchange rates available.

Currency Converter SGD to JPY

1 SGD equals

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
SGD-JPY 3 Month chart
SGD-JPY 3 Month chart

Singapore dollar to Japanese yen (SGD-JPY) - 10 Year History

DateExchange RatePeriodChange
22 May 201882.9136Latest
15 May 201881.97871 Week+1.14%
22 Apr 201881.89081 Month+1.25%
23 Nov 201782.69496 Months+0.26%
22 May 201779.98921 Year+3.66%
22 May 201679.78362 Years+3.92%
23 May 201380.71645 Years+2.72%
24 May 200876.762010 Years+8.01%

The SGD/JPY mid-rate is the rate you will see Quoted on Google 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 SGD / JPY was traded (bought or sold) in the international markets.

The closer your final exchange rate is to the market / midrate the better deal you are getting.

2. Transaction Costs - Margins and Fees for SGD/JPY Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

SGD to JPY Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from SGD to JPY.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending SGD 10,000 to JPY

OFX logo OFX
¥817,000 JPY (1.26%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: ¥817,000 JPY
Exchange Rate: 81.7
Fees: 0
Total Cost : 1.26% (from mid-rate: 82.7423)
This is the amount of money that could be received by your transfer at rate SGD/JPY=81.7 and inclusive of the fee of 0.
Rate timestamp : Tue May 22 2018 23:19:07 GMT+0000 (UTC)
Bank Rates - Average
¥802,453 JPY (3.02%)
This is the average SGD to JPY International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

Price Details
Receive: ¥802,453 JPY
Exchange Rate: 80.39
Fees: SGD 18
Total Cost : 3.02% (from mid-rate: 82.7423)
Receive JPY ¥14,547 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate SGD/JPY=80.39 and inclusive of the fee of SGD 18.
Emirates NBD logo Emirates NBD
¥790,218 JPY (4.5%)
Price Details
Receive: ¥790,218 JPY
Exchange Rate: 79.82
Fees: SGD 100 (1%)
Total Cost : 4.5% (from mid-rate: 82.7423)
This is the amount of money that could be received by your transfer at rate SGD/JPY=79.82 and inclusive of the fee of SGD 100 (1%).

Travel Money SGD to JPY - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Buy Travel Money from Travelex

Our other partners aren't publishing any live SGD/JPY rates right now.

You can calculate with the latest SGD/JPY market rate (Interbank mid-rate).

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 comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same SGD/JPY market rate I see on Google or in the Media?

When you look up the current Singapore dollar to Japanese yen exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great SGD to JPY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our SGD to JPY currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Singapore dollar cross rates and reviews of leading foreign exchange providers versus the Banks.

3. Currency News, Research and Forecasts for Singapore dollar and Japanese yen

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs JPY, you should pay attention to both Singapore dollar and Japanese yen news and forecasts.

Singapore dollar (SGD) - Market news and forecasts

In April, the Monetary Authority of Singapore said for the first time in six years that it would allow the Singapore dollar to appreciate. Unconventionally, the MAS manages monetary policy by managing the value of SGD. By allowing the currency to rise, it will effectively tighten policy in response to robust economic growth – 4.3% in the fourth quarter.

USD/SGD has, for the most part, followed the broader market for dollar pairs in 2018. The pair reached 1.3 in January for the first time since 2014 but since then has rallied. It was back to 1.4 in early May.

In early May, for the first time in nearly two years, the Singapore dollar broke parity with the Australian dollar. When last seen, AUD/SGD was at 0.998.

Based on a global macro model and analyst expectations, the team at TradingEconomics.com is forecasting USD/SGD at 1.37 at the end of April 2019.

Japanese yen (JPY) - Market news and forecasts

By late March 2018, the yen had strengthened to a sixteen-month high against the dollar of 104.21, making it the best performing major currency of the year to that point; however, by late-April, renewed dollar optimism had driven USD/JPY back into the 109s, close to its average over the past six months.

In the weeks leading up to this report, the yen had also weakened against seven of the other nine G10 currencies.

It appears that central bank divergence is back as the principal driver of USD/JPY. Recent events have cemented expectations for four further US rate hikes this year, but the Bank of Japan, by contrast, continues to uphold easy monetary policy and maintain negative interest rates.

Despite interest rate differentials working against it, in a report on April 23rd, Citibank said of the yen that it remains “fundamentally undervalued,” and it predicted USD/JPY falling to 103 within the next 6-12 months.