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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
0.22 SGD
Exchange Rate
as of May 20, 2025 at 6:22 PM
1 JPY =
0.01 SGD
Market analysis of JPY to SGD currency exchange rates
Analysis as of April 2025
The exchange rate between the Japanese Yen (JPY) and the Singapore Dollar (SGD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and future projections for the JPY/SGD currency pair.
Recent Exchange Rate Trends
As of May 3, 2025, the JPY/SGD exchange rate stands at approximately 0.0091, meaning 1 Japanese Yen equals 0.0091 Singapore Dollars. Over the past 90 days, the exchange rate has experienced a high of 0.0092 and a low of 0.0083, with an average rate of 0.0088. This represents a 6.78% increase over the period.
Technical Analysis
Technical indicators as of February 12, 2025, suggest a bearish outlook for the JPY/SGD pair:
- Relative Strength Index (RSI 14): 28.857 (Sell)
- Stochastic Oscillator (STOCH 9,6): 31.593 (Sell)
- Moving Average Convergence Divergence (MACD 12,26): -0.003 (Sell)
- Average Directional Index (ADX 14): 45.675 (Sell)
Additionally, moving averages indicate a selling trend:
- Simple Moving Averages (SMA): 5-day at 0.87643 (Buy), 10-day at 0.87639 (Buy), 20-day at 0.87869 (Sell), 50-day at 0.88503 (Sell), 100-day at 0.88832 (Sell), 200-day at 0.88463 (Sell).
These indicators collectively point towards a strong sell signal for the JPY/SGD pair during that period.
Forecasts and Projections
Forecasts for the JPY/SGD exchange rate suggest a potential decrease in the near term:
- 5-Day Prediction: 0.008724
- 1-Month Prediction: 0.008708
- 3-Month Prediction: 0.008831
The sentiment in the JPY/SGD market is currently estimated to be bearish, with a 14-day RSI reading of 42.16, indicating neutral conditions. In the last 30 days, the volatility of the JPY to SGD has been 0.61%.
Historical Data
Historical data from March 24, 2025, shows the JPY/SGD exchange rate at 0.89295, with a high of 0.89460 and a low of 0.89150 on that day. Over the preceding month, the exchange rate fluctuated between 0.88705 and 0.90935, indicating a relatively stable trend with minor fluctuations.
Conclusion
The JPY/SGD exchange rate has shown moderate volatility over the past few months, with technical indicators and forecasts suggesting a bearish trend in the near term. Investors and traders should monitor these trends closely and consider both technical and fundamental factors when making decisions related to this currency pair.