Singapore Dollar (SGD) Exchange Rates on 03rd July 2015 (03/07/2015)

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Exchange rates for Singapore Dollar (SGD)

Updated: 2015-07-03
Convert from Convert to 1 SGD Conversion in currency Conversion
SGD GBP 0.4939 SGD to GBP 2.0249 GBP to SGD
SGD BGN 1.2156 SGD to BGN 0.8227 BGN to SGD
SGD HRK 4.724 SGD to HRK 0.2117 HRK to SGD
SGD CZK 17.1076 SGD to CZK 0.0585 CZK to SGD
SGD DKK 4.613 SGD to DKK 0.2168 DKK to SGD
SGD HUF 194.7289 SGD to HUF 0.0051 HUF to SGD
SGD KZT 145.7542 SGD to KZT 0.0069 KZT to SGD
SGD LVL 0.4354 SGD to LVL 2.2967 LVL to SGD
SGD LTL 2.1399 SGD to LTL 0.4673 LTL to SGD
SGD MKD 38.0471 SGD to MKD 0.0263 MKD to SGD
SGD MDL 11.4516 SGD to MDL 0.0873 MDL to SGD
SGD NOK 5.1102 SGD to NOK 0.1957 NOK to SGD
SGD PLN 2.6012 SGD to PLN 0.3844 PLN to SGD
SGD RON 2.738 SGD to RON 0.3652 RON to SGD
SGD RUB 30.0758 SGD to RUB 0.0332 RUB to SGD
SGD SEK 5.7108 SGD to SEK 0.1751 SEK to SGD
SGD CHF 0.7495 SGD to CHF 1.3341 CHF to SGD
SGD TRY 1.763 SGD to TRY 0.5672 TRY to SGD
SGD UAH 10.3947 SGD to UAH 0.0962 UAH to SGD

Singapore Dollar (SGD)

Sign $ or S$
1 Singapore Dollar is subdivided into 100 cents.

The official currency of Singapore is the Singapore Dollar. The dollar, abbreviated SGD or $ is subdivided into 100 cents. Banknotes are issued in denominations of $2, $5, $10, $50, $100, $1,000 and $10,000. Coins are issued in denominations of 1 cent, 5 cents, 10 cents, 20 cents, 50 cents and 1 dollar. The Singapore dollar is pegged at par with the Brunei dollar and both can be used in either country.

Coins used:
-frequently 5, 10, 20, 50 cents, $1
-rarely 1 cent (not issued anymore but still usable), $5

Banknotes used:
-frequently $2, $5, $10, $50, $100 & $1,000
-rarely $20, $25, $10,000

Central Bank
Monetary Authority of Singapore
There are currency exchange booths located conveniently around virtually all shopping malls. These booths tend to offer lower rates and better operating hours than most banks. Booths are also offered at airports but the rates tend to be a bit steeper. Most department stores will accept foreign currency as payments although they tend to charge a rather large fee for the transaction. Hotels offer foreign currency exchange as well. Those planning to visit Singapore can check with their hotel for official rates to be sure that they are getting the lowest rate. Many hotels also accept major credit cards including American Express, MasterCard and Visa.

ATMs are located next to banks and at most shopping centers as well. ATMs typically accept MasterCard and Visa along with Plus or Cirrus cards. Large department stores will accept foreign currency and some will cash travelerís checks for a fair rate. Most department stores however will not accept travelerís checks but these can be cashed at virtually all exchange booths for a small commission. Money changers also offer foreign currency exchange but most have higher rates than large department stores and banks. Banks are typically open from 9:30 am until 3 pm from Monday through Friday and from 9:30 am until noon on Saturday.

There are currently no restrictions placed on importing and exporting the Singapore dollar or foreign currencies. The US Dollar is accepted widely throughout Singapore and many retailers also take the euro for payment. It is important to note however that these transactions may cost a fee. Be sure that you check rates and foreign currency exchange policies for hotels, restaurants and shopping centers before you pay with foreign currency. Rates for currency exchange from foreign money into the Singapore dollar are typically listed in newspapers and can be found online as well. Check around for the best rate which will likely come from an official bank or any of the various foreign currency exchange offices found around the country.

Other References
Wikipedia article on Singapore DollarLeone Live Currency Converter for SGD

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