CNY vs SGD
πΈπ¬1 CNY = 0.19 SGD
Rates as of 2026-07-22 Β· Source: European Central Bank
Quick Stats
Historical Comparison
CNY / SGD| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About CNY / SGD
π¨π³ CNY β Chinese Yuan
The Chinese Yuan (also known as Renminbi) is the official currency of the People's Republic of China. It has been increasingly used in international trade and was added to the IMF's SDR basket in 2016.
πΈπ¬ SGD β Singapore Dollar
The Singapore Dollar is the official currency of Singapore, one of Asia's major financial hubs. The Monetary Authority of Singapore (MAS) uniquely manages monetary policy through the exchange rate rather than interest rates.
Key Factors Affecting CNY/SGD
π¨π³ CNY Drivers
- PBoC monetary policy and daily fixing rate
- US-China trade relations and tariffs
- Chinese GDP growth and manufacturing data
- Capital flow controls and internationalization policies
πΈπ¬ SGD Drivers
- MAS exchange rate policy adjustments
- Global trade flows and port activity
- Regional Asian economic conditions
- Financial services sector performance
π‘ Did You Know? β CNY
The word 'yuan' literally means 'round' in Chinese, referring to the round shape of coins used in imperial China.
π‘ Did You Know? β SGD
Singapore manages its monetary policy through the exchange rate rather than interest rates β the MAS adjusts the Singapore dollar's trading band against a basket of currencies.
Economy Overview
π¨π³ China
China has the second-largest economy in the world and is the largest global exporter. The People's Bank of China (PBoC) manages the yuan through a managed float exchange rate system.
πΈπ¬ Singapore
Singapore has a highly developed free-market economy known for its financial services, electronics manufacturing, and port operations. It consistently ranks among the world's most competitive economies.