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Currency Converter Result for 1 SGD to JPY rate.


1 SGD
Singapore Dollar (SGD)
= 116.49378 JPY
Japanese Yen (JPY)
1 SGD = 116.49378 JPY   1 JPY = 0.00858 SGD

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When converting from Singapore Dollar to Yen, it's important to note that exchange rates fluctuate constantly due to various factors such as economic conditions, geopolitical events, and market sentiment. Therefore, the Singapore Dollar rate displayed may vary slightly from moment to moment. Rest assured, we strive to provide you with the most accurate and up-to-date Singapore Dollar exchange rates available. Whether you're converting Singapore Dollar to Yen for a vacation or monitoring currency fluctuations for investment purposes, our tool provides reliable data.

When looking at exchange rates, there will be tools you have to use to make your investment decisions. An integral tool is a currency converter. This currency converter will simply convert currency rates to the value of another. The Singapore Dollar exchange rate used is taken daily from European Central Bank rates.

 

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The Japanese Yen, with currency code JPY, is the official currency of Japan, a country on the continent of Asia. The central bank of Japan is responsible for issuing and regulating the currency.

Bank of Japan is situated in Tokyo and was established in 1882. The main purposes of this bank are to stabilize the price change and maintain the work of the financial systems. BOJ is also in operation to further influence economic growth and stability. As one of the most traded currencies on the FX market, the Yen is seen as a safe-haven currency in times of economic uncertainty. This is supported by the fact that Japan has a large foreign exchange reserve and is stable, and has a stable inflation rate.

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