1. Singapore Dollar is the legal tender of Singapore since 1967. It replaced the Malaya and British Borneo Dollar.
2. Its symbol is $. However, people also use S$ to differentiate it from the other Dollar currencies.
3. Other than Singapore, Brunei also unofficially uses Singapore Dollar banknotes.
4. Its code is SGD, which is used when trading on the forex market.
5. The currency's subunit is cent and mils. Here 1 Dollar subdivides into 100 cents, and 1 cent further divides into 100 mils.
6. Singapore Dollar also has a nickname that is Sing or Sing-Dollar. This is prominently used by its locals, and internationally people use its official name only.
7. It is pegged by Brunei Dollar at 1 BND = 1 SGD.
8. With a spot rate of T + 2, the Singaporean Government allowed its deliverable currency to float. However, monitored by the MAS (Monetary Authority of Singapore), this rate is within an unknown range.
What is the interbank exchange rate for the Singapore Dollar ?
1 GBP = 1.708820 SGD
Last update date : 04-10-2024 11:33:46
Last updated on 04-10-2024 11:33:46
The below table shows the exchange rate and inverse exchange rate
Last updated on 04-10-2024 11:33:46
Currency |
Exchange Rate |
Inverse Rate |
---|---|---|