The Singapore Dollar (SGD)

The Singapore Dollar is managed by the Monetary Authority of Singapore (MAS), which acts as the country’s central bank. MAS is responsible for issuing money, keeping inflation low, and supporting a strong and stable economy.

The Singapore Dollar was introduced in 1967, two years after Singapore became an independent country. It replaced the Malaysian Dollar. As of 2025, the currency is 58 years old.

The Singapore Dollar is known for its clean, colorful, and modern design. It features famous people like Singapore’s first president, Yusof bin Ishak, along with important buildings and themes such as education and technology. The currency is also made of durable polymer, making it long-lasting and secure. Singapore and Brunei have a special agreement where their currencies can be used interchangeably in both countries at equal value.

The symbol used for the Singapore Dollar is 'S$' to clearly show it’s different from other dollar currencies like the US or Australian Dollar. In financial markets, the code 'SGD' is used to identify it. The 'S' stands for Singapore, and the dollar sign shows its value as a major currency in the region.