SGDJPY

Singapore Dollar vs Japanese Yen

Forex spot

0.44%

Low - High

81.025 - 81.414

Spread
Swap Long
-2
Swap Short
-3.51
Margin Req.
0.2%
Trading Size
0.01 - 1000
Contract Size
100000
Leverage Up To
3-Day SWAPs
Wednesday

SGD JPY Chart

Commission per lot (single side)

CLASSIC $0  PRO $3  VIP $1.5

Open

Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:59-00:05

JPY to SGD

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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