Currency of Singapore: Singapore Dollar

Who Issues Singapore Dollar in Singapore

The national currency shown for Singapore is the Singapore Dollar (SGD), with Monetary Authority of Singapore responsible for the country's monetary framework. ISO 4217 gives it numeric identifier 702.

In Singapore, Monetary Authority of Singapore manages the monetary framework for the Singapore Dollar in Singapore. SGD is therefore a nationally administered currency rather than an externally issued unit. That makes the rate context explicit.

Exchange Rate for SGD

In the Singapore context, the useful benchmark is a dated SGD observation with its currency pair stated explicitly. A bank, card network or cash desk may apply its own spread or fee to that benchmark. The comparison stays the observation easy to date.

When checking Singapore Dollar values in Singapore, match both the currency pair and the observation date before comparing reference rates. The resulting transaction amount can differ once a provider adds its margin or charges.

Banknotes and Coins