Singapore Dollar (SGD)

Singapore Dollar (SGD)

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About Singapore Dollar (SGD)

Introduced after independence, in the year 1967, Singapore Dollar is the official currency of Singapore. Also known as ‘Sing’, this currency is often presented with the symbol S$. The banknotes and coins of Singapore are issued by the Monetary Authority of Singapore. The Singapore dollar is the 12th most traded currency in the world, and the 3rd most in Asia, behind the Japanese yen and the Renmimbi. Very recently, just in 2016, the Singapore dollar accounted for 1.8% of the daily trading volume. Research has it that if all of Singapore's notes and coins in circulation are joined together, they can go round the world 5 times!

Some facts that you ought to know about the singapore currency:

  • The short name for Singapore currency is SGD.
  • The nicknames for SGD dollar is NA.
  • The most repetitively used coins are S$1, 5S¢, 10S¢, 20S¢, 50S¢.
  • The coin of S$5, 1S¢ is used the least.
  • The most frequently used banknotes are S$2, S$5, S$10, S$50, S$100, S$1000 and rarely used banknotes are S$20, S$25, S$10000.
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What People are Saying

It was my first trip to Australia, that too for higher education. Being a student, I had my own apprehensions, along with different suggestions from different people. While I was conducting my own research to find out the best rates for forex, I landed upon the Thomas Cook website, which offered me some very convenient student services in addition to my basic requirement of buying Australian dollars. I never had to look back after that. Thank you, Thomas Cook.
Sahil Shah
I had planned a surprise trip for my wife to Australia, for our first wedding anniversary. Buying forex was the only task left after I had made all the other arrangements. During all this while I had a close eye on the Australian dollar rate, considering that generally it is very high, however I couldn’t figure the right time to buy the dollar. Thanks to the Thomas Cook experts team who advised me on the way around, and I ended up buying the currency at the best rates possible.
Chiranjit Hira
I had some basic queries before I could decide of buying AUD, and I must say that the Thomas Cook team was professional enough in handling all of them. So much so that later when I returned from my trip I had no doubts in my mind about selling the spare AUD to Thomas Cook and the service quality was still intact.
Pratish Shaw

Quick Facts About Singapore Dollar (SGD)

Currency Name
Singapore Dollar
Short Name
SGD
Nicknames:
NA
Symbol(s)
S$
Unit
1/100, Cent
Frequently used coins
S$1, 5S¢, 10S¢, 20S¢, 50S¢
Rarely used coins
S$5, 1S¢
Frequently used bank notes
S$2, S$5, S$10, S$50, S$100, S$1000
Rarely used bank notes
S$20, S$25, S$10000
Central Bank, Name & Website
Saudi Monetary Authority of Singapore | www.mas.gov.sg
Nations that unofficially use the Singapore Dollar as a part of their legal tender:
Brunei (similarly Brunei Dollar is accepted in Singapore)
The Saudi Riyal Currency

The Saudi Arabian Monetary Authority (newly named) possesses the rights to issuance and circulation of the Saudi Riyal coins and currencies. The currency is in the subdivision of 100 riyals. The coins in circulation are halals 5, 10, 25, 50, 100; the bank notes in circulation are rials 1, 5, 10, 20, 50, 100, 200, 500. In the year 2016, the country issued a newer series of the currency for halalas 1, 5, 10, 25, and 50 along with bimetallic versions of the 1 and 2 riyal coins.

states that use the US singapore Dollar as a part of their legal tender:
Brunei

How to buy forex online?
To find the latest INR to SGD rates and other exchange rates today, simply visit the Thomas Cook website. Thomas Cook is the best foreign exchange provider in the country, along with customizing exclusive tour packages for travellers.
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Frequently Asked Questions

Are there any currency rules to follow when arriving/departing Saudi Arabia?
You may carry up to SAR60,000 or foreign currency equivalent, in and out of Saudi Arabia. Furthermore, when bringing in currency, the Israeli Sheqel is prohibited. However, in case the amount you are carrying exceeds the given limit, then you must declare the same.
I am traveling to Saudi Arabia for business purposes. I am not finding enough information on the dinar. Could you help me?
If you are looking to buy Saudi Riyal then we suggest you log on to our website to find the best rates for the currency. You may also visit a nearby Thomas Cook centre or call our support team to receive any expert advice in case of any ambiguity.
Where can I buy or sell the riyal?
You may visit the nearest Thomas Cook centre or even log on to Thomas Cook India website as per your convenience to buy or sell the Saudi Riyal.
How much riyal should I buy for my trip to Saudi Arabia if it’s for around a week?
This depends totally on your personal preferences and the nature of your trip. Our experts should be able to advise you based on the itinerary of your trip and eventually assist you with the decision-making of purchasing the total amount of currency.
Can I carry any other currency to Saudi Arabia?
Except the Israeli Sheqel, you can carry other currencies to the country. However, to carry out transactions we suggest you keep the riyal handy. You may also keep the money loaded in a prepaid forex card. Connect with us for more clarity.
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