SGD/CNY
Market Open
15 Jun, 10:28
¥
5. 286333
+0.005573
+0.1055%
¥
700 Volume
¥ 5.28076
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SGDCNY Overview
SGDCNY denotes the exchange rate between the Singapore Dollar and the Chinese Yuan, expressing how many Chinese yuan one unit of Singapore dollar can purchase. It tracks bilateral price movements between SGD and CNY in the foreign-exchange market.
Singapore’s currency, the Singapore Dollar (SGD), is the official legal tender of the Republic of Singapore. Managed by the Monetary Authority of Singapore (MAS), SGD is widely used in domestic transactions and is actively traded in regional FX markets.
The Chinese currency commonly quoted as CNY refers to the yuan, the primary unit of the renminbi issued by the People’s Bank of China (PBOC). As mainland China’s official currency, the yuan plays a central role in trade settlement and capital flows involving the Chinese economy.
Movements in the SGDCNY rate are determined by supply and demand dynamics, differences in interest rates, inflation outlooks, monetary policy actions by MAS and PBOC, and broader geopolitical or trade developments. Market sentiment and capital flows between Singapore and China also influence short-term volatility.
SGDCNY matters to exporters, importers, investors and currency traders who need to manage cross-border payment risk, hedge exposure, or speculate on relative economic performance between Singapore and China.
Singapore’s currency, the Singapore Dollar (SGD), is the official legal tender of the Republic of Singapore. Managed by the Monetary Authority of Singapore (MAS), SGD is widely used in domestic transactions and is actively traded in regional FX markets.
The Chinese currency commonly quoted as CNY refers to the yuan, the primary unit of the renminbi issued by the People’s Bank of China (PBOC). As mainland China’s official currency, the yuan plays a central role in trade settlement and capital flows involving the Chinese economy.
Movements in the SGDCNY rate are determined by supply and demand dynamics, differences in interest rates, inflation outlooks, monetary policy actions by MAS and PBOC, and broader geopolitical or trade developments. Market sentiment and capital flows between Singapore and China also influence short-term volatility.
SGDCNY matters to exporters, importers, investors and currency traders who need to manage cross-border payment risk, hedge exposure, or speculate on relative economic performance between Singapore and China.
SGDCNY Chart
SGDCNY FAQ
What is the current SGD/CNY price?
The current rate is ¥5.286333, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/CNY rate changed today?
The rate has changed by +0.005573 (+0.1055%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥5.280760, 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 SGD/CNY moving up or down?
Movements in SGD/CNY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.1055%) is based on the difference between the current rate and the previous closing rate.
Is SGD/CNY trending up or down right now?
If the current rate (¥5.286333) is above the previous close (¥5.280760), 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 SGD/CNY directly on this page.
