Singapore Dollar (SGD)

Channel News Asia  Oct 14  Comment 
Analysts expect the Sing dollar to weaken further and possibly hit 1.40 against the US dollar by the end of the year.
The Economic Times  Oct 13  Comment 
The Singapore dollar lost 0.2 per cent to 1.3866 per US dollar, its weakest since March 10, and then pared much of that decline.
The Economic Times  Oct 7  Comment 
The Singapore dollar hovered around its lowest point in three and a half months on central bank's plans to announce semiannual policy statement on October 14  Aug 1  Comment 
SINGAPUR (dpa-AFX) - The Singapore dollar strengthened against the U.S. dollar in the late Asian session on Monday. Against the U.S. dollar, the Singapore dollar rose to more than a 1-month high of 1.3372 from an early low of 1.3430. At...  Jul 7  Comment 
SINGAPUR (dpa-AFX) - The Singapore dollar strengthened against the U.S. dollar in the pre-European session on Thursday. Against the greenback, the Singapore dollar rose to a 2-day high of 1.3479 from an early low of 1.3515. At yesterday's...
Mondo Visione  Jul 1  Comment 
The Tokyo Stock Exchange has been calculating and publishing the TOPIX Total Return Hedged Index(Euro, GBP, US Dollar) and will begin calculating the TOPIX Total Return Index hedged into Singapore Dollar on July 1. [Overview of the TOPIX...
Channel News Asia  Jun 24  Comment 
The Sterling's decline to multi-year lows against the Singapore dollar in the wake of Britain's decision to leave the European Union has presented big questions for companies, individuals, and investors. Channel NewsAsia assesses who might stand...
Channel News Asia  Jun 1  Comment 
At the end of trading on Wednesday, the Sing dollar rose by 0.58 per cent against the ringgit.  May 23  Comment 
SINGAPUR (dpa-AFX) - The Singapore dollar strengthened against the U.S. dollar in the Asian session on Monday. Against the greenback, the Singapore dollar rose to a 5-day high of 1.3765 from Friday's closing value of 1.3812. If the...


The Singapore Dollar is the currency used in Singapore and replaced the Malaya and British Borneo dollar upon its independence from Malaysia. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

The $10000 note is one of the world's largest single notes in terms of real value.

Initially, the Singapore dollar was pegged to the British pound sterling at a rate of S$60 = £7. This peg lasted until the demise of the Sterling Area in the early 1970s, after which the Singapore dollar was linked to the US dollar for a short period of time. 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 1973 to 1985. From 1985 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. All issued Singapore dollar currency in circulation is fully backed by international assets to maintain public confidence.[1] The foreign reserves officially stand at over US$230 billion - as of May 2011.

The chart at left shows the USD/SGD currency pair; the number of Singapore Dollars equivalent to 1 U.S. Dollar (USD).

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