Singapore The Singapore Dollar (SGD) is the official currency of Singapore, a major financial hub in Southeast Asia. It is issued and regulated by the Monetary Authority of Singapore (MAS). The Singapore Dollar is known for its stability and is widely used in international trade and finance. The currency is available in both coins and banknotes, with advanced security features to prevent counterfeiting. The SGD is often considered one of the strongest and most stable currencies in the world, with Singapore’s economy being highly developed, driven by trade, technology, and finance. It is also commonly used in neighboring Brunei, where it has a 1:1 exchange agreement with the Brunei Dollar (BND).
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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