SGD - Singapore Dollar
Singapore Dollar Basic Information
Category | Details |
|---|---|
Name | Singapore Dollar |
Symbol | $ |
Code | SGD |
Country or Region | Singapore |
Central Bank | Monetary Authority of Singapore |
SGD - Singapore Dollar Denominations & Conversion
The Singapore Dollar (SGD) is the basic unit of currency in Singapore. It is subdivided into 100 cents. This denomination system ensures straightforward calculations and transactions. Notably, the abbreviation "S$" is often used to distinguish it from other dollar-denominated currencies.
Unit | Subunits | Conversion Relationship |
|---|---|---|
Dollar (S$) | Cents | 1 Dollar = 100 Cents |
Coins | 5c, 10c, 20c, 50c, $1 | Each coin is valued at its face value |
Banknotes | $2, $5, $10, $50, $100 | Each banknote is valued at its face value |
SGD - Singapore Dollar History
The Singapore Dollar was introduced on June 12, 1967, shortly after Singapore's independence. Over the years, it has seen several redesigns to improve security features and prevent counterfeiting. These updates reflect significant advancements in maintaining the currency’s integrity and trustworthiness.
Top 5 Cities in Singapore
Singapore (Capital): As the capital city, Singapore encompasses the nation's core in both governance and culture. It's a global hub for finance and culture, characterized by its diverse population and vibrant urban landscape.
Jurong: Jurong is a major industrial estate and residential area, known for its economic contributions to Singapore’s development.
Woodlands: Located in the northern part of Singapore, Woodlands serves as a residential area and a gateway to Malaysia, enhancing cross-border trade and cultural exchanges.
Tampines: Tampines is one of the largest residential areas in Singapore, serving as a critical part of the city-state's urban planning and community development.
Yishun: Yishun, primarily a residential town, offers a mix of housing developments and lifestyle amenities, contributing to the city’s suburban charm.
Travel Tips for Visiting Singapore
Land and Administrative Divisions: Singapore covers an area of about 728.6 sq km, structured into five community development councils.
Climate and Weather: Singapore has a tropical rainforest climate with no distinct seasons, high humidity, and abundant rainfall. Light and breathable clothing is recommended year-round.
Cuisine: Singapore's culinary scene is a rich blend of Chinese, Malay, and Indian influences, famous for dishes like Laksa, Hainanese chicken rice, and Chili crab.
Payment Methods: While cash is accepted, digital payments like PayNow and major credit cards are widely used. ATMs are readily available across the island.
Telecommunications: Top operators include Singtel, StarHub, and M1, providing extensive coverage and services.
Transport: Singapore boasts an efficient public transport system consisting of MRT (Mass Rapid Transit), buses, and taxis. The country is also pedestrian-friendly.
Tourist Attractions: While Singapore has no UNESCO World Heritage Sites, attractions like Marina Bay Sands, Gardens by the Bay, and the Singapore Zoo are globally recognized.
Tipping: Tipping is not customary in Singapore and is generally not expected across services.
