About this pair
CNH/SGD: what to know
The CNH/SGD rate shows how much SGD you get for 1 CNH. Right now, 1 CNH buys 0.1889 SGD at the mid-market rate. In the other direction, 1 SGD is worth 5.2952 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while SGD responds to the MAS-managed currency basket.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.