The Straits Dollar was the colony's official currency for nearly a century until it was replaced by the Malayan Dollar in 1939, with a brief discontinuation during the Japanese occupation. In 2002, the Board of Commissioners of Currency was disbanded, and the functions of the board were given to the Monetary Authority of Singapore. The currency re-pegged to the US Dollar and then to a weighted basket of currencies. Compare money transfer services, compare exchange rates and commissions for sending money from Singapore to Indonesia. However, if you are also looking for the best Singapore dollar rates and great convenience, you can opt for a trusted currency exchange marketplace. Find today's best rates for buying & selling Singapore Dollar in cities across India. US Dollar - Singapore Exchange Rate - Historical Chart. In his keynote speech at ASIFMA Virtual Event: Singapore IBOR Transition, Mr Leong Sing Chiong, MAS’ Deputy Managing Director, outlined key priorities in the transition to Singapore Overnight Rate … Money Supply M2 in Singapore averaged 200925.01 SGD Million from 1974 until 2020, reaching an all time high of 715980.80 SGD Million in December of 2020 and a record low of 6182.30 SGD Million in February of 1974. Historical Exchange Rates For Singapore Dollar to Indian Rupee 54.0 54.3 54.6 54.9 55.2 55.5 Oct 11 Oct 26 Nov 10 Nov 25 Dec 10 Dec 25 Jan 09 Jan 24 120-day exchange rate history for SGD to INR Quick Conversions from Singapore Dollar to Indian Rupee : 1 SGD = 54.64027 INR Exchange Rates Updated: Feb 07,2021 22:05 UTC. Below, you'll find Singapore Dollar rates and a currency converter. The symbol for SGD can be written S$, and SGD$. The Singapore currency is the Singapore Dollar (SGD). Thin Margin Private Limited is regulated by the Monetary Authority of Singapore (MAS) and licensed under the Payment Services Act 2019 to carry on a business of providing money-changing services. Money Market Rate for Singapore from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. Exchange Rate Singapore Dollar to US Dollar Converter. The new country established the Board of Commissioners of Currency, which introduced the Singapore Dollar, with the first banknote series issued in 1967. To print the list of exchange rates, please select “Download” to retrieve the file for printing. Interest Rate in Singapore averaged 1.65 percent from 1988 until 2020, reaching an all time high of 20 percent in January of 1990 and a record low of -0.75 percent in October of 1993. Convert Singapore Dollars to Indonesian Rupiahs with a conversion calculator, or Singapore Dollars to Rupiahs conversion tables. These notes were known as 'Orchid' notes and were exchangeable with the Malaysian Dollar at par until 1973. The exchange rate for the Singapore Dollar was last updated on February 3, 2021 from The International Monetary Fund. Singapore Dollar exchange rates and currency conversion. The Singapore dollar is fairly easy to trade currency and has very few restrictions on sending money to/from Singapore. Find today's best rates for buying & selling Singapore Dollar in cities across India. Today Gold Price in Singapore = $77.827 SGD per Gram. Fast, low-cost, and secure online money transfers from the United States to Singapore. Exchange SGD currency or buy forex card online easily. Go to: Navigation Content Footer. Currency of Independent Singapore (2) This website contains a link to the IMF exchange rate website with related information and services which are not maintained by MAS. The benchmark interest rate in Singapore was last recorded at 0.18 percent. 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