Convert 248 Japanese Yen (JPY) to Singapore Dollar (SGD)
Exchange rates used for currency conversion updated on November 14th 2024 ( 11/14/2024 )
Below you will find the latest exchange rates for exchanging Japanese Yen (JPY) to Singapore Dollar (SGD) , a table containing most common conversions and a chart with the pair's evolution.
The Japanese Yen (JPY) to Singapore Dollar (SGD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Japanese Yen and Singapore Dollar on 11/14/2024 is 1 JPY = 0.0086 SGD - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy and issuance directives of the Bank of Japan the JPY, when measured by value, is the world's third largest reserve currency and fourth most traded currency in open currency markets. It is the official currency of Japan and has shown contrarian resilience against world markets initially in the 1980's and more recently in the 2008 world credit crisis as the Bank of Japan retains there command economic policies while refusing to engage in economic stimulus.
About Singapore Dollar (SGD)
The official currency of Singapore is the Singapore dollar. The dollar is equal to 100 cents and comes in denominations of $2, $5, $10, $50, $100, $1,000 and $10,000. Foreign currency can be exchanged easily in Singapore although different establishments will have different rates for these transactions. Banks can exchange foreign currency as can various exchange booths located conveniently in airports, hotels and at most shopping centers in larger cities.
