USDSGD PROFILE
SGD is the abbreviation for the Singapore dollar, which is the official currency of the island state of Singapore. The Singapore dollar is made up of 100 cents and is often presented with the symbol S$ to set it apart from other dollar-based currencies. It is also known as the “Sing.”
- SGD is the abbreviation for the Singapore dollar, which is the official currency of the island state of Singapore.
- The Singapore dollar, nicknamed the “sing,” is made up of 100 cents and is often presented with the symbol S$ to set it apart from other dollar-based currencies.
- Since 1985, Singapore has allowed its dollar, which is a deliverable currency with a spot rate of T+2, to float within an undisclosed range monitored by the Monetary Authority of Singapore (MAS).