Historic Japanese Yen Singapore dollar

Japanese Yen singapore dollar history for August 2023. The highest quote for this month is 0.009419 (07/08/2023) and the lowest 0.009458 (07/08/2023). The difference between high and low is -0.41.

JPY SGD average rate for August 2023 is 0.00933, the change between 01/08/2023 and 31/08/2023 is +1.12 %.

01 August 20231 JPY = 0.0093 SGD
02 August 20231 JPY = 0.0093 SGD
03 August 20231 JPY = 0.0094 SGD
04 August 20231 JPY = 0.0094 SGD
07 August 20231 JPY = 0.0094 SGD
08 August 20231 JPY = 0.0094 SGD
09 August 20231 JPY = 0.0094 SGD
10 August 20231 JPY = 0.0094 SGD
11 August 20231 JPY = 0.0093 SGD
12 August 20231 JPY = 0.0093 SGD
14 August 20231 JPY = 0.0093 SGD
15 August 20231 JPY = 0.0093 SGD
16 August 20231 JPY = 0.0093 SGD
17 August 20231 JPY = 0.0093 SGD
18 August 20231 JPY = 0.0093 SGD
20 August 20231 JPY = 0.0093 SGD
21 August 20231 JPY = 0.0093 SGD
22 August 20231 JPY = 0.0093 SGD
23 August 20231 JPY = 0.0093 SGD
24 August 20231 JPY = 0.0093 SGD
25 August 20231 JPY = 0.0093 SGD
28 August 20231 JPY = 0.0093 SGD
29 August 20231 JPY = 0.0093 SGD
30 August 20231 JPY = 0.0092 SGD
31 August 20231 JPY = 0.0092 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.