Understanding the Table:
The comparison table above helps you see the total cost of your HSBC currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The HSBC SGD to JPY exchange rate is 107.78. This is -5% compared to the latest SGD-JPY mid-market rate 113.45.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Japanese yen (JPY) rates from different sources before making a conversion.
The above HSBC - Singapore dollar to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest SGD-JPY mid-rate and the possible savings of using various providers.
Looking at the full SGD to JPY - Send Money comparison table the provider with the best SGD to JPY exchange rate is OFX at 112.88, -0.5% from the latest mid-market rate 113.45.
The next best is XE at 112.77, -0.6% from the mid-rate.
Then Wise at 112.77, which is -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 108.46 at -4.4% the OCBC Bank rate is 110.39 at -2.7% and the Maybank rate is 109.48 at -3.5% compared to the mid-rate 113.45.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
