Singapore dollar japanese yen exchange rate history (SGD JPY) December 2023

Singapore dollar japanese yen history for December 2023. The highest quote for this month is 110.81 (01/12/2023) and the lowest 110.11 (03/12/2023). The difference between high and low is 0.63.

SGD JPY average rate for December 2023 is 108.17167, the change between 01/12/2023 and 31/12/2023 is +3.2 %.

01 December 2023	1 SGD = 110.7 JPY
03 December 2023	1 SGD = 110.0 JPY
04 December 2023	1 SGD = 109.9 JPY
05 December 2023	1 SGD = 110.1 JPY
06 December 2023	1 SGD = 109.8 JPY
07 December 2023	1 SGD = 109.7 JPY
08 December 2023	1 SGD = 107.7 JPY
10 December 2023	1 SGD = 108.1 JPY
11 December 2023	1 SGD = 108.1 JPY
12 December 2023	1 SGD = 108.7 JPY
13 December 2023	1 SGD = 108.3 JPY
14 December 2023	1 SGD = 107.1 JPY
15 December 2023	1 SGD = 107.1 JPY
17 December 2023	1 SGD = 106.6 JPY
18 December 2023	1 SGD = 106.7 JPY
19 December 2023	1 SGD = 107.1 JPY
20 December 2023	1 SGD = 108.3 JPY
21 December 2023	1 SGD = 107.8 JPY
22 December 2023	1 SGD = 107.1 JPY
25 December 2023	1 SGD = 107.7 JPY
26 December 2023	1 SGD = 107.4 JPY
27 December 2023	1 SGD = 107.7 JPY
28 December 2023	1 SGD = 107.2 JPY
29 December 2023	1 SGD = 107.2 JPY

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: 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.

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.

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.

Historic Singapore dollar Japanese Yen