Planning to exchange SGD to Japanese yen? Spoiler alert: The right time is now!

Whether you’re travelling to Japan for sushi, shopping, or just soaking in the sakura vibes, knowing the current SGD to JPY rate, forecasts, and the best ways to exchange currency can save you hundreds of dollars.

As of 21 November 2025, the SGD to JPY rate is approximately 1 SGD = 120.40 JPY, slightly lower than the all-time high of 1 SGD = 120.72 JPY on 20 November. After years of weakness, the yen has recently shown signs of stabilising, offering Singaporean travellers an opportune moment to make the most of their money.

This guide covers everything from live SGD to yen rates, forecasts for 2025, historical highs, and even which multi-currency card gives you the best value when spending in Japan.

📚 Table of Contents

1. TL;DR – SGD to JPY at a Glance
2. Current SGD to Yen Exchange Rate
3. SGD to Yen Historical Trends & All-Time Highs
4. SGD to JPY Forecast 2025
5. Why Is the Japanese Yen Dropping?
6. Best Multi-Currency Cards for Spending in Japan
7. How to Use YouTrip for the Best SGD to JPY Rates
8. FAQ

⚡️ TL;DR – SGD to JPY at a Glance

Highlights	Details
Current Rate	1 SGD ≈ 120.40 JPY (21 Nov 2025)
All-Time High	1 SGD = 120.72 JPY (20 Nov 2025)
Good Rate to Exchange	Anything above 118 JPY per SGD is strong
Why the Yen is Weak	Low interest rates, global economic uncertainty, and currency interventions
Best Way to Exchange	Use a multi-currency card like YouTrip for zero fees and real-time rates

Current SGD to Yen Exchange Rate

As of 21 Nov 2025, the live SGD to JPY rate is:

• 1 SGD = 120.40 JPY
• 100 SGD = 12,040 JPY

💡 Pro tip for Singaporean travellers: Lock in rates using YouTrip or a similar multi-currency card to avoid bank markups and save on every yen spent.

SGD to Yen Historical Trends & All-Time Highs

• All-Time High: 1 SGD = 120.72 JPY (20 Nov 2025)
• 1 Year Ago: 1 SGD ≈ 114.22 JPY
• The yen has been relatively weak since 2021 due to Japan’s prolonged low-interest rate policy.
• Historical chart shows peaks in 2025 as the yen begins to stabilise.

SGD to Japanese Yen Historical Rates Chart:

Year	Approx. 1 SGD to JPY	Trend
2021	82.60	Weakening
2022	99.50	Weakening
2023	109.15	Weakening
2024	114.22	Weakening
2025	120.72	All-Time High

💡 Pro tip: Use a multi-currency card like YouTrip to monitor real-time rates and lock in a good one when you see it! It’s one of the easiest ways to stretch your travel budget further 😉

SGD to JPY Forecast 2025

• Analysts predict moderate strengthening of the yen for the rest of 2025 due to rising global uncertainty and demand for safe-haven currencies.
• 1 SGD to JPY forecast: Expect rates to hover around 117–120 JPY for Singaporeans travelling later in 2025.
• Factors impacting the forecast: US-Japan economic policies, inflation trends, Bank of Japan interest rates, and geopolitical tensions.

Why Is the Japanese Yen Dropping So Much?

Several reasons explain the yen’s prolonged weakness:

1. Ultra-low interest rates: Japan’s central bank keeps rates near zero, reducing yen demand.
2. Global economic uncertainty: Investors tend to favour USD and other high-yield currencies.
3. Trade imbalance: Japan’s import-heavy economy pressures the yen.
4. Quantitative easing & monetary policy interventions

✅ Despite this, recent trends show the yen rebounding slightly as a safe-haven currency.

FAQ Highlights:

• Is the yen expected to get stronger? Likely modest gains in the short term, especially during global market volatility.
• What is a good exchange rate for SGD to JPY? Above 118 JPY per SGD is currently strong.

Best Multi-Currency Cards for Spending in Japan

Here’s how Singaporean travellers can save using multi-currency cards compared to standard bank rates:

Card	Lock-in Rate	FX Fees	SGD to JPY Rate	Approx. SGD charged for 10,000 JPY
YouTrip	✅ Yes	No fees	S$1 =120.40 JPY	~S$83.05 👑
Revolut	✅ Yes	1% fee on weekends	S$1 = 120.32	~S$83.11
Wise	✅ Yes	From 0.26%  *Fee varies by currency	S$1 = 120.33	~S$83.10
DBS Credit Card	❌ No	Up to 3.25%	S$1 = 119.35	~S$83.78

💡 Tip: Over big trips or multiple purchases, a multi-currency card can save hundreds in hidden fees.

📖 For a more detailed multi-currency card comparison, click here

How to Use YouTrip to Lock in the Best Japanese Yen Rates

1. Top up your SGD balance in the YouTrip app.
2. Select Japanese Yen and convert using Smart Exchange™.
3. Monitor SGD to JPY live rates and lock in the rate whenever it peaks.
4. Spend anywhere in Japan without additional foreign transaction fees.

FAQ: SGD to Yen

Q1: What is the all-time high for SGD to JPY?
A1: 1 SGD = 120.72 JPY (20 November 2025).

Q2: Why is the JPY falling so much?
A2: Ultra-low interest rates, trade imbalances, and global currency trends are key factors.

Q3: Is the yen expected to get stronger?
A3: Analysts predict moderate strengthening, with short-term fluctuations likely.

Q4: What is a good exchange rate for SGD to yen?
A4: Anything above 118 JPY per SGD is considered favourable.

Q5: How can I get the best SGD to JPY rate?
A5: Use a multi-currency card like YouTrip to lock in live rates and avoid hidden fees.

Q6: Can I track SGD to JPY live?
A6: Yes, YouTrip and Google provide real-time rates.

Q7: What is the SGD to JPY forecast for 2025?
A7: Rates are expected to hover around 117–120 JPY per SGD.

SGD To Yen: Secure The Best Exchange Rates In Japan With YouTrip!

And just like that, you’ve locked in the best JPY exchange rates! Head over to your YouTrip app and make the switch from SGD to Yen now! The same Wholesale Exchange Rates will be utilised when you exchange currency in-app. Moreover, exchanging currencies in over 150+ countries on YouTrip also comes with zero fees and markup!

As Singapore’s favourite multi-currency wallet, we aim to get those pesky fees out of the way and help you save on your travels. With the best foreign exchange rates, no longer will you have to deal with those long queues at money changers! So if you’re looking for a go-to travel card, sign up for your complimentary YouTrip card today with <YTBLOG5> and get FREE S$5 in your account!

Stay safe, and happy travels!

🇯🇵 More On Japan:

🤓 Pre-Planning Guides:

• Japan ATM Withdrawal Guide: Fees, Locations, Exchange Rates 2025
• Suica Card Japan Guide
• Welcome Suica Mobile App Guide
• Best Time To Visit Japan in 2025-2026
• Japan Rail Pass (JR Pass) 2025: Prices, Calculator, Map & Full Guide
• Autumn in Japan 2025: Fall Foliage Forecast & Best Viewing Spots
• Japan Power Plug & Socket Guide

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• 35 Best Things To Do In Tokyo: Local Picks, Iconic Spots
• 27 Best Things To Do In Kyoto: Temples, Hidden Gems & Day Trips
• 40 Best Things To Do In Osaka: Attractions, Activities, Day Trips
• Best Things To Do In Nagoya City, Japan
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• Okinawa, Japan Travel Guide
• Sapporo, Hokkaido, Japan Winter Wonderland Guide
• 10 Best Day Trips From Tokyo
• The Ultimate Universal Studios Japan (USJ) Guide
• Tokyo DisneySea Guide: Rides, Tickets, Tips & What’s New
• 10 Must-Buy Items At Don Quijote In Japan

🤑 More Currency Exchange Guides!

• How to get the best SGD to NZD rates 🇳🇿
• How to get the best SGD to MYR rates 🇲🇾
• How to get the best SGD to KRW rates 🇰🇷
• How to get the best SGD to CNY rates 🇨🇳
• How to get the best SGD to THB rates 🇹🇭
• How to get the best SGD to USD rates 🇺🇸

_{*All currency conversion rates are accurate to the nearest 10 cents on 9 April 2025. Bank card prices are calculated based on 3.25% foreign currency transaction fee.}