Singapore dollar facts for kids
Quick facts for kidsSingapore dollar
|ISO 4217 Code||SGD|
Brunei (alongside the Brunei dollar)
|Inflation||0.6 % at January 2017|
|Pegged by||Brunei dollar at par|
|Symbol||S$ or $|
|Freq. used||5, 10, 20, 50 cents, $1|
|Rarely used||1 cent, $5, $10|
|Freq. used||$2, $5, $10, $50, $100, $1,000|
|Rarely used||$1, $20, $25, $500, $10,000|
The Singapore Dollar is the official currency or money of Singapore. The symbol of the Singapore Dollar when written is ($). 1 Singapore Dollar is divided into 100 cents. There are 2, 5, 10, 50, 100, 1000 and 10,000 dollars notes and 5c, 10c, 20c, 50c, and $1 coins in use.
Ways of writing
- $1 - means one dollar
- S$ 1 - means one Singapore dollar
- SGD 1 - means one Singapore dollar without the dollar sign (used most in foreign exchanges)
The Singapore Dollar can be used in Brunei due to the agreement between the Singapore government and the Brunei government. Both the Singapore Dollar (SGD) and the Brunei Dollar (BND) are accepted in stores of Singapore and Brunei.
Images for kids
Singapore dollar Facts for Kids. Kiddle Encyclopedia.