Saturday 4 April 2009

Currency

Currency

The currency of Singapore is the Singapore dollar, represented by the symbol S$ or the abbreviation SGD. The central bank of Singapore is the Monetary Authority of Singapore, responsible for issuing currency. Singapore established the Board of Commissioners of Currency, Singapore, on 7 April 1967 and issued its first coins and notes. The Singapore dollar was exchangeable at par with the Malaysian ringgit until 1973. Interchangeability with the Brunei dollar is still maintained. Brunei dollar notes are accepted in Singapore.

- Coins in domination of 5 cents, 10 cents, 20 cents, 50 cents, and 1 dollar.

- Notes in domination of 1 dollars(old), 2 dollars, 5 dollars, 10 dollars, 50 dollars, 100 dollars, 1,000 dollars, and 10,000 dollars.


On 27 June 2007, to commemorate 40 years of currency agreement with Brunei, a commemorative S$20 note was launched; the back is identical to the Bruneian $20 note launched concurrently.


-Information courtesy of wikipedia, accurate as of publishing date-

No comments:

Post a Comment