Trade Singapore Dollar / Japanese Yen CFD

The base currency – SGD. The counter currency – JPY. The SGD to JPY chart represents the relationship of the Singapore dollar to the Japanese yen. Emitted by the Monetary Authority of Singapore, the Singapore dollar is the 12th most traded currency in the world. Historically, the Singapore dollar served as a speculative investment haven, due to the Singapore’s high interest rates, fewer capital controls, higher growth rates and less developed labour markets. The official currency of Japan, the Japanese yen, is the 3rd most widely-traded currency in the world, after the American dollar (USD) and euro (EUR). It accounts for 23% of daily Forex turnover. To browse the latest Forex SGD to JPY rates, follow Capital.com.