Convert Singapore Dollar to Chinese Yuan
SGD to CNY Exchange Rate Calculator
1 Singapore Dollar (SGD) = 5.2944 Chinese Yuan (CNY) at the live mid-market rate. That means $100 SGD converts to roughly 529.44 CNY, and $1,000 SGD converts to about 5,294.40 CNY. The SGD/CNY rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day SGD/CNY context
Over the past 90 days, SGD/CNY has traded between 5.2944 and 5.4128. The current rate of 5.2944 sits roughly 0% through that range — near the lower end, meaning Chinese Yuan has been stronger than typical against Singapore Dollar recently. Versus the rate 90 days ago, Singapore Dollar has weakened by 2.19% against Chinese Yuan.
SGD/CNY Price History
Interactive SGD/CNY exchange rate chart with 7-day, 30-day, and 90-day views.
About Singapore Dollar (SGD)
The Singapore Dollar (SGD) is the official currency of Singapore, managed by the Monetary Authority of Singapore (MAS) under a unique exchange-rate-based monetary policy framework. Instead of setting interest rates, MAS steers SGD against an undisclosed trade-weighted basket (the S$NEER), making SGD one of the most carefully managed floats in the world.
- •MAS uses the S$NEER (Nominal Effective Exchange Rate) as its primary policy tool, not interest rates
- •Singapore is the world's third-largest forex trading hub
- •Singapore has run a current-account surplus every year since 1988
- •MAS announces policy twice a year (April and October)
- •The S$NEER basket composition is not published but is estimated to heavily weight USD, CNY, and MYR
About Chinese Yuan (CNY)
The Chinese Yuan (CNY), officially the Renminbi (RMB), is the currency of the People's Republic of China and increasingly central to global trade settlement. CNY trades onshore at a rate closely managed by the People's Bank of China (PBOC), while CNH trades offshore (mainly Hong Kong) with more market-driven pricing.
- •Fifth-most-used currency for global payments (SWIFT)
- •Included in the IMF Special Drawing Rights basket since October 2016
- •PBOC sets a daily USD/CNY reference rate and tolerates a ±2% trading band
- •China holds the world's largest FX reserves (~$3.2 trillion)
- •CIPS (China's cross-border payment system) handled over $14.7 trillion in 2025
Frequently Asked Questions
When is SGD/CNY most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when SGD markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for SGD/CNY?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move SGD/CNY the most?
The biggest scheduled catalysts are MAS semi-annual policy statements (April/October) and PBOC daily fix, Chinese PMIs, and trade-balance prints. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert SGD to CNY at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market SGD/CNY than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the SGD/CNY rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market SGD/CNY rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Rate history
- USD/CNY historyUSD/CNY is the most policy-managed major currency pair — the People's Bank of China sets a daily reference rate ("the fix") and allows trading within a ±2% band around it
- USD/SGD historyUSD/SGD is unique among major-currency pairs — Singapore manages SGD against a trade-weighted basket of currencies (S$NEER), not against a single peg or a free float
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Exchange rates refresh hourly · Sourced from institutional-grade data providers