Singapore Dollar · SGD
$ symbol · 1 country currently using this currency.
Currency info
Adopted: 1967
Currency family: Dollar
The Singapore Dollar is one of the world's most traded currencies and serves as a major reserve currency in Asia-Pacific financial markets.
- Introduced on June 12, 1967, replacing the Malayan dollar following Singapore's independence from Malaysia
- Initially pegged to the British pound, then to a basket of currencies starting in 1973
- Managed by the Monetary Authority of Singapore (MAS) established in 1971
- Became one of Asia's most traded and stable currencies by the 1980s
- Currently operates on a managed float system against a trade-weighted basket of currencies
Countries currently using this currency
Related
Other Dollar currencies
Historical predecessor
Malayan dollar