currency of singapore dollar
The Singapore dollar, symbol $ or S$, code SGD, is the official currency of the Republic of Singapore. Like the US dollar, the Singapore dollar is subdivided into 100 cents.The Singapore dollar is also unofficially used in Brunei. The Monetary Authority of Singapore manages the dollar currency in Singapore.Strait dollars were originally in use in Singapore, replaced with the Malayan dollar in the year 1939.he Malayan dollar was in use until Singapore gained independence from Malaysia in 1965, officially issuing its own currency in 1967.The Singapore dollar was initially pegged to the pound sterling at a rate of 60 SGD equal to 7 GBP, and was then briefly tied to the US dollar.