Singapore currency
| Singapore dollar | |
|---|---|
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Singapore dollar (English) Dolar Singapura (Malay) 新加坡元 (Chinese (Singapore)) சிங்கப்பூர் வெள்ளி (Tamil) |
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SG50 SGD 10
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| ISO 4217 | |
| Code | SGD |
| Number | 702 |
| Exponent | 2 |
| Denominations | |
| Subunit | |
| 1/100 | cent |
| Symbol | S$ or $ |
| Nickname | Sing-dollar, S-dollar |
| Banknotes | |
| Freq. used | S$2, S$5, S$10, S$50, S$100, S$1,000 |
| Rarely used | S$20, S$10,000 |
| Coins | |
| Freq. used | 5, 10, 20, 50 cents, S$1 |
| Rarely used | 1 cent |
| Demographics | |
| Official user(s) |
 Singapore Brunei (alongside the Brunei dollar) |
| Unofficial user(s) |
 Indonesia Laos Malaysia Thailand Zimbabwe
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| Issuance | |
| Monetary authority | Monetary Authority of Singapore |
| Website | www |
| Mint | Singapore Mint |
| Website | www |
| Valuation | |
| Inflation | 0.6 % at January 2017 |
| Pegged by | Brunei dollar at par |
| Singapore dollar | |||||||||||||||||||||
| Chinese name | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chinese | 新加坡元 | ||||||||||||||||||||
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| Malay name | |||||||||||||||||||||
| Malay | Dolar/Ringgit Singapura | ||||||||||||||||||||
| Tamil name | |||||||||||||||||||||
| Tamil | சிங்கப்பூர் வெள்ளி | ||||||||||||||||||||
The Singapore dollar (sign: S$; 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.
Between 1845 and 1939, Singapore used the Straits dollar. This was replaced by the Malayan dollar, and, from 1953, the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of Currency, Malaya and British Borneo.
Singapore continued to use the common currency upon joining Malaysia in 1963, but only two years after Singapore's expulsion and independence from Malaysia in 1965, the monetary union between Malaysia, Singapore and Brunei broke down. Singapore established the Board of Commissioners of Currency, Singapore, on 7 April 1967 and issued its first coins and notes. Nevertheless, the Singapore dollar was exchangeable at par with the Malaysian ringgit until 1973, and interchangeability with the Brunei dollar is still maintained.
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