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Facts about the Singapore Dollar
Singapore Dollar, abbreviated as SGD, is the national currency of the island state of Singapore. It is subdivided into 100 cents and is presented by the S$ symbol, which looks similar to the US dollar ($) but with another S to differentiate these two currencies. SGD was first pegged to British Pound Sterling (GBP), then to US Dollar (USD), but since 1985 Singapore's national currency is pegged against an undisclosed basket of currencies. Although SGD has features of a fluctuating currency, it is strongly regulated by the Monetary Authority of Singapore (MAS).
FAQ
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Singapore Dollar Stats
Name
SGD
Symbol
$/S$
Minor unit
1/100 cents
Minor unit symbol
cents
Bank notes
2, 5, 10, 20, 50, 100, 1000, 10000
Forex Investing
Singapore Dollar Exchanges Rates
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