SGD/JPY
Market Open
15 Jun, 10:28
¥
124. 90
+0.069
+0.0553%
¥
42,633 Volume
¥ 124.835
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SGDJPY Overview
SGDJPY (SGDJPY) denotes the exchange rate between the Singapore Dollar and the Japanese Yen, showing how many yen are required to purchase one Singapore dollar. It is a direct measure of the relative value of Singapore’s currency against Japan’s and is quoted in the FX market accordingly.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore and the wider Singapore financial and commercial sector in Southeast Asia. The Monetary Authority of Singapore (MAS) issues and manages the currency, operating a managed float exchange rate regime alongside macroprudential oversight of the banking system.
The Japanese Yen (JPY) is Japan’s official currency and one of the world’s most actively traded and held reserve currencies. Issued by the Bank of Japan (BoJ), the yen plays a central role in global finance and often functions as a funding currency in international capital flows and carry trades.
Movements in the SGDJPY rate are driven by supply and demand dynamics, interest rate differentials, inflation trends, and central bank policy decisions. Economic releases, capital flows, and geopolitical developments also influence sentiment and volatility in the pair.
Market participants monitor SGDJPY for trade-related exposures, hedging needs between Singapore and Japan, and speculative opportunities tied to monetary policy divergences and regional economic conditions.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore and the wider Singapore financial and commercial sector in Southeast Asia. The Monetary Authority of Singapore (MAS) issues and manages the currency, operating a managed float exchange rate regime alongside macroprudential oversight of the banking system.
The Japanese Yen (JPY) is Japan’s official currency and one of the world’s most actively traded and held reserve currencies. Issued by the Bank of Japan (BoJ), the yen plays a central role in global finance and often functions as a funding currency in international capital flows and carry trades.
Movements in the SGDJPY rate are driven by supply and demand dynamics, interest rate differentials, inflation trends, and central bank policy decisions. Economic releases, capital flows, and geopolitical developments also influence sentiment and volatility in the pair.
Market participants monitor SGDJPY for trade-related exposures, hedging needs between Singapore and Japan, and speculative opportunities tied to monetary policy divergences and regional economic conditions.
SGDJPY Chart
SGDJPY FAQ
What is the current SGD/JPY price?
The current rate is ¥124.904000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/JPY rate changed today?
The rate has changed by +0.069 (+0.0553%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥124.835000, 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/JPY moving up or down?
Movements in SGD/JPY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.0553%) is based on the difference between the current rate and the previous closing rate.
Is SGD/JPY trending up or down right now?
If the current rate (¥124.904000) is above the previous close (¥124.835000), 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/JPY directly on this page.
