Japanese Yen

Japanese Yen

The yen (Japanese: 円, Hepburn: en, symbol: ¥; code: JPY; also abbreviated as JP¥) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling. The concept of the yen was a component of the Meiji government's modernization program of Japan's economy; which postulated the pursuit of a uniform currency throughout the country modeled after the European decimal currency system. Before the Meiji Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations. The New Currency Act of 1871 did away with these and established the yen, which was defined as 1.5 g (0.048 troy ounces) of gold, or 24.26 g (0.780 troy ounces) of silver, as the new decimal currency. The former han (fiefs) became prefectures and their mints private chartered banks, which initially retained the right to print money. To bring an end to this situation the Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply.Following World War II the yen lost much of its prewar value. To stabilize the Japanese economy the exchange rate of the yen was fixed at ¥360 per $1 as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per $1 in 1973, then underwent periods of depreciation and appreciation due to the 1973 oil crisis, arriving at a value of ¥227 per $1 by 1980. Since 1973, the Japanese government has maintained a policy of currency intervention, and the yen is therefore under a "dirty float" regime. This intervention continues to this day. The Japanese government focuses on a competitive export market, and tries to ensure a low yen value through a trade surplus. The Plaza Accord of 1985 temporarily changed this situation from its average of ¥239 per US$1 in 1985 to ¥128 in 1988 and led to a peak value of ¥80 against the U.S. dollar in 1995, effectively increasing the value of Japan’s GDP to almost that of the United States. Since that time, however, the yen has greatly decreased in value. The Bank of Japan maintains a policy of zero to near-zero interest rates and the Japanese government has an extreme anti-inflation policy.

Singapore Dollar

Singapore Dollar

The Singapore dollar (sign: S$; code: SGD) is the official currency of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore issues the banknotes and coins of the Singapore dollar. As of 2016, the Singapore dollar is the twelfth-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore.

15 Japanese Yen to Singapore Dollar exchange rates chart

15 Japanese Yen to Singapore Dollar exchange rates graph
15 JPY to SGD exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

15 Japanese Yen to Singapore Dollar exchange rates FAQs

What is 15 JPY to SGD?

The meaning of 15 JPY to SGD is to exchange 15 Japanese Yen to Singapore Dollar by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 15 JPY to SGD on the chart below.

Who can exchange 15 JPY to SGD?

Anyone with 15 Japanese Yen can find a local bank or a bureau de change to convert into Japanese Yen. However, if neither JPY nor SGD is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 15 JPY to SGD?

Due to the nature of the forex market, the exchange rates for 15 JPY to SGD is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 15 JPY to SGD?

Most likely you are traveling and want to get some Singapore Dollar cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 15 Japanese Yen to Singapore Dollar. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 15 JPY to SGD?

Usually you can find a local bank, post office or bureau de change to exchange 15 JPY to SGD. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Singapore Dollar you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 15 JPY to SGD?

Use the tool we provided here to find the best exchange rates for 15 Japanese Yen to Singapore Dollar. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 15 JPY in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

15 Japanese Yen to Singapore Dollar exchange rates table

Exchange JPY to SGD
15 Japanese Yen = 0.188 Singapore Dollar
30 Japanese Yen = 0.376 Singapore Dollar
75 Japanese Yen = 0.939 Singapore Dollar
150 Japanese Yen = 1.879 Singapore Dollar
Exchange Japanese Yen to Singapore Dollar
15 Japanese Yen to Singapore Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

15 Japanese Yen to Singapore Dollar at POSB

15 JPY to SGD exchange rates at POSB
15 Japanese Yen = 0.186 Singapore Dollar
POSB
POSB

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15 Japanese Yen to Singapore Dollar news tweets

15 JPY to SGD added 1 tweet
2019-11-19 03:42:40 UTC
RT @ifsmagazine: Nobunari Oda has filed a lawsuit against Japanese coach Mie Hamada for 11 million yen claiming her harassment force… https://t.co/jHKiybk9i1
15 JPY to SGD added 1 tweet
2019-11-19 03:35:43 UTC
RT @ifsmagazine: Nobunari Oda has filed a lawsuit against Japanese coach Mie Hamada for 11 million yen claiming her harassment force… https://t.co/jHKiybk9i1
15 JPY to SGD added 1 tweet
2019-11-19 03:25:37 UTC
RT @ifsmagazine: Nobunari Oda has filed a lawsuit against Japanese coach Mie Hamada for 11 million yen claiming her harassment force… https://t.co/jHKiybk9i1
15 JPY to SGD added 1 tweet
2019-11-19 03:19:51 UTC
Shinzo Abe Supporters Association violates the Public Office Election Law. Voters were invited to a first-class ho… https://t.co/VDZXNXmUvw
15 JPY to SGD added 1 tweet
2019-11-19 03:16:15 UTC
RT @ifsmagazine: Nobunari Oda has filed a lawsuit against Japanese coach Mie Hamada for 11 million yen claiming her harassment force… https://t.co/jHKiybk9i1
15 JPY to SGD added 1 tweet
2019-11-16 08:19:10 UTC
RT @sejoalzir: SEA Games costs (today's dollar rate): Myanmar (2013): $241 M Singapore (2015): $178 M Malaysia (2017): $108 M… https://t.co/fj1it0n3u4
15 JPY to SGD added 1 tweet
2019-11-16 08:16:27 UTC
RT @EphraimMajani: @MwangP01 @DavidNdii Singapore developed from a third world to a first world economy with balanced budgets (no debt… https://t.co/9ddEhT2het
15 JPY to SGD added 1 tweet
2019-11-16 08:01:21 UTC
"US Dollar May Stage a Reversal Against SGD, Will IDR Follow?" The US Dollar may be preparing to stage a reversal a… https://t.co/5gCVCFvHoX
15 JPY to SGD added 1 tweet
2019-11-16 07:20:42 UTC
RT @sejoalzir: SEA Games costs (today's dollar rate): Myanmar (2013): $241 M Singapore (2015): $178 M Malaysia (2017): $108 M… https://t.co/fj1it0n3u4
15 JPY to SGD added 1 tweet
2019-11-16 06:57:23 UTC
RT @sejoalzir: SEA Games costs (today's dollar rate): Myanmar (2013): $241 M Singapore (2015): $178 M Malaysia (2017): $108 M… https://t.co/fj1it0n3u4

15 Japanese Yen to Singapore Dollar news videos

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This is what $20 can get you in a hawker center in Singapore. In Australia you'll be lucky to get half the amount for $20 ...
New Nepali Song Video 2018/2075 "Khissa Hasne Chhoro" By Roshan Gaire & Asha KC only on Music Nepal official YouTube channel ...

15 Japanese Yen to Singapore Dollar news texts

Stocks stumble to more records on conflicting trade reports
Stocks stumble to more records on conflicting trade reports

In the stock market, it's all about trade now.

11 days indicative negative

15 Japanese Yen to Singapore Dollar currency converter

15 Japanese Yen to Singapore Dollar exchange rates

100 TMT to EUR
Hailsham, United Kingdom of Great Britain and Northern Ireland.
100 EUR to RUB
Moscow, Russian Federation.
40000000 IDR to GBP
Stockport, United Kingdom of Great Britain and Northern Ireland.
1 USD to BZD
Santa Monica, United States.
100 PHP to USD
Malmö, Kingdom of Sweden.
1 CAD to CLP
Toronto, Canada.
1 EUR to INR
Kirkland, United States.
100 USD to PEN
Houston, United States.
1 CAD to TRY
Brampton, Canada.
100 USD to HUF
Canoga Park, United States.
1 USD to BRL
Denver, United States.
50 MYR to EUR
Miri, Malaysia.
100000 IDR to INR
Chennai, Republic of India.
100 USD to PHP
Las Vegas, United States.
5 RUB to USD
Ahmedabad, Republic of India.
220000 ZAR to TWD
Johannesburg, Republic of South Africa.
100 AUD to IDR
Aspley, Commonwealth of Australia.