Historic Singapore dollar Japanese Yen

Singapore dollar japanese yen history for January 2024. The highest quote for this month is 110.73 (19/01/2024) and the lowest 110.55 (28/01/2024). The difference between high and low is 0.16.

SGD JPY average rate for January 2024 is 109.3504, the change between 01/01/2024 and 31/01/2024 is -2.97 %.

01 January 20241 SGD = 106.9 JPY
02 January 20241 SGD = 107.0 JPY
03 January 20241 SGD = 107.2 JPY
04 January 20241 SGD = 107.7 JPY
05 January 20241 SGD = 108.9 JPY
08 January 20241 SGD = 108.8 JPY
09 January 20241 SGD = 108.6 JPY
10 January 20241 SGD = 108.5 JPY
11 January 20241 SGD = 109.5 JPY
12 January 20241 SGD = 109.1 JPY
15 January 20241 SGD = 109.0 JPY
16 January 20241 SGD = 109.3 JPY
17 January 20241 SGD = 109.7 JPY
18 January 20241 SGD = 110.2 JPY
19 January 20241 SGD = 110.2 JPY
22 January 20241 SGD = 110.5 JPY
23 January 20241 SGD = 110.4 JPY
24 January 20241 SGD = 110.6 JPY
25 January 20241 SGD = 110.2 JPY
26 January 20241 SGD = 110.2 JPY
27 January 20241 SGD = 110.5 JPY
28 January 20241 SGD = 110.5 JPY
29 January 20241 SGD = 110.4 JPY
30 January 20241 SGD = 110.1 JPY
31 January 20241 SGD = 110.0 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.