Exchange Rate Calculator

The exchange rate between the Chinese Yuan Renminbi (CNY) and the Singapore Dollar (SGD) has experienced notable fluctuations over the past few months. This report provides an analysis of the CNY/SGD exchange rate trends from January to June 2025, highlighting key movements and potential influencing factors.

Overview of CNY/SGD Exchange Rate Movements

From January to June 2025, the CNY/SGD exchange rate exhibited a downward trend. The highest exchange rate during this period was 1 CNY to 0.1889 SGD on February 3, 2025, while the lowest was 1 CNY to 0.1767 SGD on May 6, 2025. The average exchange rate over these six months was approximately 0.1826 SGD per CNY. (exchange-rates.org)

Monthly Breakdown

January 2025:
- High: 1 CNY = 0.1889 SGD on January 31
- Low: 1 CNY = 0.1849 SGD on January 21
- Average: 0.1867 SGD per CNY

In January, the exchange rate remained relatively stable, with minor fluctuations. The rate peaked at the end of the month, indicating a strengthening of the Yuan against the Singapore Dollar. (exchangerates.org.uk)

February 2025:
- High: 1 CNY = 0.1889 SGD on February 3
- Low: 1 CNY = 0.1837 SGD on February 20
- Average: 0.1851 SGD per CNY

Early February saw the highest exchange rate of the six-month period. However, the rate declined steadily throughout the month, reaching its lowest point on February 20. (exchangerates.org.uk)

March 2025:
- High: 1 CNY = 0.1855 SGD on March 1
- Low: 1 CNY = 0.1836 SGD on March 5
- Average: 0.1843 SGD per CNY

March experienced minimal volatility, with the exchange rate fluctuating within a narrow range. The month began with a slight decline, followed by stabilization around the average rate. (exchangerates.org.uk)

April 2025:
- High: 1 CNY = 0.1857 SGD on April 2
- Low: 1 CNY = 0.1789 SGD on April 21
- Average: 0.1813 SGD per CNY

April marked a more pronounced decline in the exchange rate, with the Yuan weakening against the Singapore Dollar. The rate reached its lowest point on April 21. (exchangerates.org.uk)

May 2025:
- High: 1 CNY = 0.1813 SGD on May 12
- Low: 1 CNY = 0.1767 SGD on May 6
- Average: 0.1793 SGD per CNY

May exhibited significant volatility, with the exchange rate hitting its lowest point of the six-month period on May 6. A brief recovery occurred mid-month, but the rate remained below the six-month average. (exchangerates.org.uk)

June 2025:
- High: 1 CNY = 0.1799 SGD on June 23
- Low: 1 CNY = 0.1777 SGD on June 26
- Average: 0.1786 SGD per CNY

June continued the downward trend, with the exchange rate fluctuating around the 0.1780 SGD per CNY mark. The month ended with the Yuan maintaining a weaker position against the Singapore Dollar. (currencystats247.com)

Factors Influencing the Exchange Rate

Several factors may have contributed to the observed fluctuations in the CNY/SGD exchange rate:

1. Economic Indicators: Differences in economic performance between China and Singapore, such as GDP growth rates, inflation, and trade balances, can impact currency valuations.

2. Monetary Policies: Actions by the People's Bank of China and the Monetary Authority of Singapore, including interest rate adjustments and monetary policy changes, influence investor confidence and currency demand.

3. Global Market Sentiment: External factors, such as geopolitical events, trade tensions, and global economic conditions, can affect investor behavior and currency exchange rates.

4. Supply and Demand Dynamics: Variations in trade volumes and capital flows between the two countries can lead to changes in currency demand, impacting the exchange rate.

Conclusion

The CNY/SGD exchange rate from January to June 2025 demonstrated a general weakening of the Chinese Yuan against the Singapore Dollar, with notable fluctuations influenced by various economic and external factors. Monitoring these trends is essential for businesses and investors engaged in activities involving both currencies, as exchange rate movements can significantly impact financial outcomes.