Singapore Dollar

The Singapore Dollar (SGD) is the official currency of Singapore, symbolized as "S$" to distinguish it from other dollar-denominated currencies. It is managed by the Monetary Authority of Singapore and is known for its stability and strength in international markets. The SGD is widely used not only in Singapore but also in neighboring countries for trade. Its value is influenced by Singapore's robust economy, trade activities, and sound monetary policies, making it a reliable currency in Southeast Asia. As a major financial hub, Singapore's currency plays a vital role in global finance and commerce.