Convert 1 Singapore Dollar (SGD) to Chinese Yuan (CNY)
Exchange rates used for currency conversion updated on 21st July 2019 ( 21/07/2019 )
Below you will find the latest exchange rate for exchanging Singapore Dollar (SGD) to Chinese Yuan (CNY) , a table containing most common conversions and a chart with the pair's evolution.
The Singapore Dollar (SGD) to Chinese Yuan (CNY) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Singapore is the Singapore dollar. The dollar is equal to 100 cents and comes in denominations of $2, $5, $10, $50, $100, $1,000 and $10,000. Foreign currency can be exchanged easily in Singapore although different establishments will have different rates for these transactions. Banks can exchange foreign currency as can various exchange booths located conveniently in airports, hotels and at most shopping centers in larger cities.
About Chinese Yuan (CNY)
CNY represents the Peoples Republic of China (PRC), Chinese peoples currency known as the renminbi and denominated in yuan. It is controlled by the Monetary Policy Authority within the PRC and has until recently not been allowed to be circulated outside of mainland China. Recent developments and gradual changed in PRC policies toward more open markets and less central planning are slowly distributing the yuan for use worldwide. This is a clear plan setting the stage for the PRC target of the CNY overtaking all currencies worldwide in the future.