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Songapore dollar

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Initially, the Singapore dollar was pegged to the pound sterling at a rate of two shillings and four pence to the dollar, or £1 = S$60/7 or S$ ; in turn, £1 = US$ from to so that US$1 = S$  See more Get the latest 1 Singapore Dollar to US Dollar rate for FREE with the original Universal Currency Converter. Set rate alerts for SGD to USD and learn more about Singapore Dollars and US US Dollar = Singapore Dollars We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. The Singapore dollar is the official currency of Singapore. Its symbol is normally shown as $, although S$ is also used to avoid confusion with other dollar currencies. Its currency code is Singapore Dollar to US Dollar Convert SGD to USD at the real exchange rate SGD = USD Mid-market exchange rate at UTC Track the exchange rate Send money ... read more

Archived from the original on 14 July Retrieved 12 July Archived from the original on 3 July Retrieved 22 April Archived from the original on 20 August Retrieved 18 August Archived from the original on 23 June Retrieved 23 June Archived from the original on 30 September Retrieved 11 June Singapore Statutes Online.

Bank for International Settlements. Archived PDF from the original on 7 February Retrieved 16 September Krause, Chester L. Standard Catalog of World Coins : — 18th ed. Krause Publications. Pick, Albert Standard Catalog of World Paper Money : General Issues.

Colin R. Bruce II and Neil Shafer editors 7th ed. Wikimedia Commons has media related to Money of Singapore. Singapore articles. Archaeology Early history pre— Founding of modern Singapore — Straits Settlements — Japanese occupation — British Military Administration — Post-war Singapore — Self-governance of Singapore — Merger with Malaysia — Republic of Singapore — present. Beaches Environmental issues Geology Islands Parks Reservoirs Rivers Urban planning Urban renewal Waterways Wildlife.

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Anthem Coat of arms Flag Flower Lion head Merlion Pledge. Outline Index Bibliography. Currencies named dollar or similar. Australian dollar Bahamian dollar Barbadian dollar Belize dollar Bermudian dollar Brunei dollar Canadian dollar Cayman Islands dollar Cook Islands dollar Eastern Caribbean dollar Fijian dollar Guyanese dollar Hong Kong dollar Jamaican dollar Kiribati dollar Liberian dollar Namibian dollar New Zealand dollar RTGS dollar Samoan tālā Singapore dollar Solomon Islands dollar Surinamese dollar New Taiwan dollar Trinidad and Tobago dollar Tuvaluan dollar United States dollar.

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Portals : Asia Money Numismatics Singapore. Categories : ISO Dollar Currencies of Asia Circulating currencies Currencies of the Commonwealth of Nations Currencies of Singapore Currencies introduced in Fixed exchange rate. Hidden categories: CS1 maint: multiple names: authors list Articles with short description Short description matches Wikidata EngvarB from July Use dmy dates from July Articles containing Malay macrolanguage -language text Articles containing Chinese-language text Articles containing Tamil-language text Commons category link is on Wikidata.

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Dolar Singapura Malay 新加坡元 Chinese சிங்கப்பூர் வெள்ளி Tamil. Malaya and British Borneo dollar. Singapore Brunei. Brunei dollar at par. Transcriptions Standard Mandarin Hanyu Pinyin Xīnjiāpō yuán.

Sāngabō Yùhn. San1gaa3bo1 Jyun4. San 1° ga 3 bo 1° Yuen 4. Sen1ga3bo1 Yun4. Sin-ka-pho Goân. Sin-ka-pho Guân. சிங்கப்பூர் வெள்ளி Ciṅkappūr Veḷḷi. A high-rise public housing block with a fountain in front and clouds in the background.

Cupro-nickel clad steel. For table standards, see the coin specification table. Coat of Arms , "Singapore" in 4 official languages. Value and Vanda 'Miss Joaquim'.

Value and Monstera deliciosa. Value and Jasminum multiflorum. Value and Calliandra surinamensis. Value and Allamanda cathartica. Inscribed " Republic of Singapore " and the lion symbol. Reeded with inscription: " Republic of Singapore " and the lion symbol. Value and Lochnera rosea. Coat of arms of Singapore , "Singapore" in 4 official languages. Value and Public Housing. Value and Changi International Airport. Value, The Merlion and a laser mark micro engraving of the Vanda Miss Joaquim.

Blocks of flats in a housing estate. Lion's head. Supreme Court Building. Government Office at Saint Andrew's Road. The Istana. For table standards, see the banknote specification table.

Black-naped Tern. National Day Parade. Red-whiskered Bulbul. Cable cars and aerial view of the harbour. White-collared Kingfisher. Garden city with high rise public housing in background. Singapore Changi International Airport with the Concorde in the foreground. White-rumped Shama. School band on parade. Blue-throated Bee-eater.

Dancers of various ethnic groups. Black-naped Oriole. Container terminal. White-bellied sea-eagle. Sentosa Satellite Earth Station. Different ethnic groups participating in Chingay procession. View of the Port of Singapore Authority Container terminal. View of Public Housing. Bird's-eye view of Benjamin Sheares Bridge. Bird's-eye view of Singapore Changi International Airport and a Singapore Airlines B President Yusof bin Ishak — , Money Cowrie.

President Yusof bin Ishak , Gold-Ringed Cowrie. President Yusof bin Ishak , Wandering Cowrie. President Yusof bin Ishak , Cylindrical Cowrie. President Yusof bin Ishak , Swallow Cowrie. President Yusof bin Ishak , Beautiful Cowrie. President Yusof bin Ishak , Onyx Cowrie. Optically variable device shows President Yusof bin Ishak , Singapore Harbour in , four blossoms of the "Vanda Miss Joaquim" orchid , Tanjong Pagar container port and some prominent office buildings.

Monetary Authority of Singapore Building set against a view of Singapore's financial district and scene of the SIMEX trading floor. The Esplanade , skyline of Singapore's financial district and the Omar Ali Saifuddien Mosque with the Royal Barge and the water village shown. President Yusof bin Ishak, Prime Minister Lee Kuan Yew and a group of children of different races and gender. First National Day Parade and the Punggol New Town. President Yusof bin Ishak, the "Vanda Miss Joaquim" orchid, the "Simpur" flower and the window security feature showing Brunei Darussalam's Istana Nurul Iman and Singapore's Istana.

Military personnel from the Royal Brunei Armed Forces and the Singapore Armed Forces , students from both countries, Brunei Darussalam's Ulu Temburong National Park and Singapore Botanic Gardens. President Yusof bin Ishak, National Gallery Singapore former Supreme Court and City Hall. Eight pioneering individuals, namely Munshi Abdullah , Henry Nicholas Ridley , Tan Kah Kee , P. Govindasamy Pillai, Teresa Hsu Chih , Alice Pennefather , Adnan Saidi and Ruth Wong Hie King, portrayed against a backdrop of the Singapore River.

These images are to scale at 0. AUD CAD CHF CNY EUR GBP HKD JPY USD MYR NZD INR. United States dollar. Japanese yen. Australian dollar. Canadian dollar. Swiss franc. Currencies of Singapore Prior to Colonization As early as the 8th century AD, Chinese merchants introduced the first documented currency of the Malay Peninsula. Since there was no official currency at the time, Singapore's merchants usually used Spanish and Mexican Dollars.

Paper money began to appear in the peninsula in the 18th and 19th centuries, issued by private banks such as the Asiatic Banking Corporation, the Chartered Mercantile Bank of India, and The Shanghai Banking Corporation. Singapore's Currency as a Colony As a British colony, Singapore began using the Straits Dollar in The Straits Dollar was the colony's official currency for nearly a century until it was replaced by the Malayan Dollar in , with a brief discontinuation during the Japanese occupation.

In , the Malayan Dollar was replaced by the Malaya and British Borneo Dollar. Currency of Independent Singapore Singapore became an independent nation known as the Republic of Singapore in The new country established the Board of Commissioners of Currency, which introduced the Singapore Dollar, with the first banknote series issued in These notes were known as 'Orchid' notes and were exchangeable with the Malaysian Dollar at par until The currency was initially pegged to the British Pound at a rate of 60 SGD to 7 GBP.

The currency re-pegged to the US Dollar and then to a weighted basket of currencies. In , the Singapore Dollar adopted a market oriented approach and was allowed to float, although it was still closely monitored.

It is divided into cents. The Monetary Authority of Singapore MAS issues the banknotes and coins of the Singapore dollar. As of , the Singapore dollar is the 13th-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.

The Spanish-American silver dollar brought over by the Manila galleons was in wide circulation in Asia and the Americas from the 16th to 19th centuries. From to the Straits Settlements of which Singapore used to be part of issued its local equivalent, the Straits dollar.

Singapore continued to use the common currency upon joining Malaysia in , [3] but only two years after Singapore's expulsion and independence from Malaysia in , the monetary union between Malaysia, Singapore and Brunei broke down. This peg remained for a short time after the Nixon Shock of the early s. As Singapore's economy grew and its trade links diversified to many other countries and regions, Singapore moved towards pegging its currency against a fixed and undisclosed trade-weighted basket of currencies from to Before , the various monetary functions associated with a central bank were performed by several government departments and agencies.

As Singapore progressed, the demands of an increasingly complex banking and monetary environment necessitated streamlining the functions to facilitate the development of a more dynamic and coherent policy on monetary matters.

Therefore, the Parliament of Singapore passed the Monetary Authority of Singapore Act in , leading to the formation of MAS on 1 January The MAS Act gave the MAS the authority to regulate all elements of monetary, banking, and financial aspects of Singapore.

From onwards, Singapore adopted a more market-oriented exchange regime, classified as a Monitoring Band, in which the Singapore dollar is allowed to float within an undisclosed bandwidth of a central parity but closely monitored by the Monetary Authority of Singapore MAS against a concealed basket of currencies of Singapore's major trading partners and competitors.

This, in theory, allows the Singaporean government to have more control over imported inflation and to ensure that Singapore's exports remain competitive. On 1 October , the Board of Commissioners of Currency Singapore BCCS merged with the Monetary Authority of Singapore MAS , which took over the responsibility of banknote issuance.

In , the government, in the second reading of the Monetary Authority of Singapore Amendment Bill , announced that the Currency Fund will be merged with other funds of the MAS, because the currency in circulation is effectively backed by the full financial strength and assets of MAS, which is much larger than the Currency Fund. The proposed amendment will merge the Currency Fund with the other funds of MAS and streamline MAS's operations.

The Government has said that its support for the currency in circulation, as set out in the Currency Act, remains unchanged. In , the first series of coins was introduced in denominations of 1, 5, 10, 20 and 50 cents and 1 dollar. These coins depicted wildlife and other images relating to the island nation and were designed by Stuart Devlin , the same artist credited for the designs on Australia's decimal coin series.

The sizes were the same as those used for the Malaysian ringgit and based directly off the old coinage of the former Malaya and British Borneo dollar. The 1-cent coin was bronze while the other denominations were copper-nickel. Later, in , the 1-cent coin was changed to copper-clad steel. The production of the first series was phased out by In , the second series of coins were introduced in denominations of 1, 5, 10, 20 and 50 cents and 1 dollar.

The reverse of these coins were designed by Christopher Ironside. The new series offered smaller coins depicting a floral theme. One-dollar banknotes were discontinued and gradually replaced with an aluminium-bronze coin.

The 5-cent coin was also changed to aluminum-bronze while the 10, 20, and 50 cents remained copper-nickel. Limited numbers of commemorative bimetallic 5-dollar coins with scalloped edges were also periodically issued later during this series. This series is still in circulation.

The 1 cent coin was taken out of circulation in On 21 February , the Monetary Authority of Singapore announced a new series of coins in denominations of 5, 10, 20, 50 cents and 1 dollar, which went into circulation on 25 June , featuring Singapore's national icons and landmarks. The coins are struck on a multi-ply plated-steel planchet used by the Royal Canadian Mint and comes with enhanced features to differentiate from fakes.

The coins also feature new designs, the one-dollar, now a bi-metallic coin featuring the Merlion , the fifty cents coin featuring the Port of Singapore , the twenty-cent coin depicts Changi International Airport , the ten-cent coin featuring public housing and the five-cent coin featuring the Esplanade.

The Orchid Series of currency notes is the earliest to be in for circulation in Singapore. Each note has an orchid design in the centre of the note's front, the orchid being the national flower of Singapore. A scene of Singapore is depicted on the back, which varies across denominations. Standard on each note, is the Coat of Arms , a lion head watermark, and the signature of the Minister for Finance and chairman of the board of Commissioners of Currency, Singapore, on the front of the note.

The Bird Series of currency notes is the second set of notes to be issued for circulation in Singapore. Each note features a bird on the left side of the note's front, a theme selected to represent a young Singapore "ever ready to take flight to greater heights". The Ship Series of currency notes is the third set of notes to be issued for circulation in Singapore. A maritime theme to reflect Singapore's maritime heritage was adopted, and progressively shows across the various denominations, the different kinds of ships which have plied Singapore's waters as the country developed.

These vignettes are located on the front of the note. On the back, various scenes depicting Singapore's achievements are shown, as well as an orchid , to symbolise the country's national flower. As an added security feature, all notes have a vertically embedded security thread. The current Portrait series was introduced in , with the one- and dollar denominations omitted. These notes feature the face of Yusof bin Ishak , the first president of the Republic of Singapore, on the obverse, and the reverse depicts a feature of civic virtue.

There are both paper and polymer notes in circulation. The designs of the polymer notes are very similar to the corresponding paper note except for the slightly slippery feel and a small transparent window design in the corner of the banknote.

Polymer notes are progressively replacing the paper banknotes in circulation. The notes also have Braille patterns at the top right-hand corner of the front design. Commemorative banknotes are also released, usually in limited quantities. The first commemorative banknote was released on 24 July to celebrate the 25th anniversary of Singapore's independence. Of the 5. These millennium notes are printed on paper as polymer notes were not introduced yet then. On 18 August , to commemorate Singapore's 50 years of nation-building, the Monetary Authority of Singapore launched a set of six commemorative notes.

The note design's draw inspiration from significant milestones and achievements in Singapore's history, the multiracialism that defines the nation and the values and aspirations that underpin Singapore's progress. It shows the late Prime Minister of Singapore, Lee Kuan Yew, shouting "Merdeka! The note makes distinctive use of the colour gold, reflecting Singapore's Golden Jubilee. Each note reflects a value or aspiration that defines the theme: 'Caring Community, Active Citizenry', 'Opportunities for All', 'Safe and Secure', 'Strong Families' and ' regardless of race, language or religion From Wikipedia, the free encyclopedia.

Official currency of Singapore. For other uses, see SGD disambiguation. Main article: Singapore Portrait Series currency notes. Wikinews has related news: Singapore and Brunei issue joint banknote.

The percentages above are the percent of trades involving that currency regardless of whether it is bought or sold, e. the U. Archived from the original on 25 October Retrieved 23 October Monetary Authority of Singapore www. Archived from the original on 5 July Retrieved 6 July Monetary Authority of Singapore.

Archived from the original on 2 February Retrieved 28 December Official Currencies of The Straits Settlements — ; Currencies of the Board of Commissioners of Currency, Malaya — ; Currencies of the Board of Commissioners of Currency, Malaya and British Borneo — ; Currencies of the Independent Malaya ; On 12 June , the currency union which had been operating for 29 years came to an end, and the three participating countries, Malaysia, Singapore and Brunei each issued its own currency.

The currencies of the 3 countries were interchangeable at par value under the Interchangeability Agreement until 8 May when the Malaysian government decided to terminate it.

Brunei and Singapore however continue with the Agreement until the present day. France: OECD Publications. ISBN Archived PDF from the original on 16 February The Board of Commissioners of Currency, Singapore BCCS was established on 7 April by the enactment of the Currency Act Chapter It has the sole right to issue currency notes and coins as legal tender in Singapore.

Archived from the original on 19 June Retrieved 19 June Archived from the original on 31 December Retrieved 6 January The Chinese University of Hong Kong, Copyright Archived from the original on 3 August Retrieved 15 August Archived from the original on 3 January Archived from the original on 4 July Archived from the original on 24 August Archived from the original on 24 February Retrieved 21 February COUNCIL for PARITY DEMOCRACY.

Convert from United States Dollar (USD) to Singapore Dollar (SGD),North America

01/09/ · 1 Dollar = cents Symbol S$ Two years after Singapore's independence from Malaysia in , the monetary union between Malaysia, Singapore and Brunei broke down. 02/09/ · The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a Singapore Dollar to US Dollar Convert SGD to USD at the real exchange rate SGD = USD Mid-market exchange rate at UTC Track the exchange rate Send money Initially, the Singapore dollar was pegged to the pound sterling at a rate of two shillings and four pence to the dollar, or £1 = S$60/7 or S$ ; in turn, £1 = US$ from to so that US$1 = S$  See more Get the latest 1 Singapore Dollar to US Dollar rate for FREE with the original Universal Currency Converter. Set rate alerts for SGD to USD and learn more about Singapore Dollars and US 01/09/ · Singapore’s dollar is emerging as the top bet for Wall Street’s biggest banks as wagers the central bank will extend policy tightening bolsters demand for Southeast Asia’s top ... read more

In , the Singapore Dollar adopted a market oriented approach and was allowed to float, although it was still closely monitored. New Zealand dollar. Black-naped Tern. As Singapore progressed, the demands of an increasingly complex banking and monetary environment necessitated streamlining the functions to facilitate the development of a more dynamic and coherent policy on monetary matters. Retrieved 23 June Malaya and British Borneo dollar.

Retrieved 18 November Blocks of flats songapore dollar a housing estate. Inthe Singapore Dollar adopted a market oriented approach and was allowed to float, although it was still closely monitored. President Yusof bin IshakGold-Ringed Cowrie. Xe International Money Transfer. Archived from the original on 20 February Eight pioneering individuals, songapore dollar, namely Munshi AbdullahHenry Nicholas RidleyTan Kah KeeP.

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