Trade SGDJPY with us

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Change 0.17% Raw spread
Low 82.262 High 82.508
Swap Long -3.89 Swap Short -11.69
Min. Contract Size, Lots 0.01 Max. Contract Size, Lots 50
Commission per lot (single side)
CLASSIC $0  PRO $3  VIP $1.5
Leverage up to 1:500
3-day SWAPs Wednesday Margin requirement 0.2%
Forex trading hours and server time
Open Monday 00:03   Close Friday 23:59 GMT+2
Instruments Bid Ask Change
EURUSD SELL BUY 0.24%
GBPUSD SELL BUY 0.21%
USDJPY SELL BUY -0.10%
GBPJPY SELL BUY 0.06%
XAUUSD SELL BUY 0.35%
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About

SGDJPY

The SGDJPY is the Forex quote for the Singapore dollar versus the Japanese Yen. Singapore has a highly developed and successful free-market economy. It has one of the most competitive economies in the world. The Singapore dollar is allowed to fluctuate within an undisclosed policy band which is monitored by the Monetary Authority of Singapore. The economy relies largely on the export of consumer electronics, information technology products, pharmaceuticals, and financial services. Japan, on the other hand, has a slower economic growth. It keeps interest rates at near-zero (lower-yielding currency), making JPY a popular carry trade currency against other higher-yielding currencies. The currency pair offers a contrast between the two economies it represents.

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