CNY/SGD
Market Open
9 Jun, 18:41
S$
0. 189995
-0.000431
-0.2266%
S$
251,050 Volume
S$ 0.190427
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CNYSGD Overview
CNYSGD denotes the exchange rate between the Chinese Yuan (CNY) and the Singapore Dollar (SGD), expressing how many Singapore dollars one unit of Chinese yuan will buy. As a base/quote currency pair, it tracks price movements and relative value changes between the two currencies.
The Chinese Yuan (CNY), also referred to as the renminbi (RMB) unit, is the official currency of the People’s Republic of China. It is issued and regulated by the People’s Bank of China, which influences liquidity and policy settings affecting the currency.
Singapore Dollar (SGD) is the sovereign currency of the Republic of Singapore and is administered by the Monetary Authority of Singapore. The SGD functions as the nation’s primary medium of exchange and is managed with a focus on exchange rate policy and monetary stability.
Movements in CNYSGD are driven by supply and demand in foreign exchange markets and shaped by interest rate differentials, inflation trends, central bank actions, trade flows, capital movements and geopolitical developments. Market sentiment and macroeconomic data also contribute to short-term volatility.
For market participants, CNYSGD is relevant for cross-border trade settlement, corporate hedging, portfolio allocation and speculative trading, offering a mechanism to manage exposure between China’s and Singapore’s economies.
The Chinese Yuan (CNY), also referred to as the renminbi (RMB) unit, is the official currency of the People’s Republic of China. It is issued and regulated by the People’s Bank of China, which influences liquidity and policy settings affecting the currency.
Singapore Dollar (SGD) is the sovereign currency of the Republic of Singapore and is administered by the Monetary Authority of Singapore. The SGD functions as the nation’s primary medium of exchange and is managed with a focus on exchange rate policy and monetary stability.
Movements in CNYSGD are driven by supply and demand in foreign exchange markets and shaped by interest rate differentials, inflation trends, central bank actions, trade flows, capital movements and geopolitical developments. Market sentiment and macroeconomic data also contribute to short-term volatility.
For market participants, CNYSGD is relevant for cross-border trade settlement, corporate hedging, portfolio allocation and speculative trading, offering a mechanism to manage exposure between China’s and Singapore’s economies.
CNYSGD Chart
CNYSGD FAQ
What is the current CNY/SGD price?
The current rate is S$0.189995, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the CNY/SGD rate changed today?
The rate has changed by -0.000431 (-0.2266%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was S$0.190427, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is CNY/SGD moving up or down?
Movements in CNY/SGD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.2266%) is based on the difference between the current rate and the previous closing rate.
Is CNY/SGD trending up or down right now?
If the current rate (S$0.189995) is below the previous close (S$0.190427), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for CNY/SGD directly on this page.
