Singaporean Dollar

SGD

  • Convertible: Yes
  • Transferable: Yes
  • Exchange rate regime: Floating
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Available Currency Pairs

EURSGD

Ansehen EUR

USDSGD

Ansehen USD

GBPSGD

Ansehen GBP

CHFSGD

Ansehen CHF

AUDSGD

Ansehen AUD

CADSGD

Ansehen CAD

NZDSGD

Ansehen NZD

SGDAED

Ansehen AED

SGDCZK

Ansehen CZK

SGDDKK

Ansehen DKK

SGDHKD

Ansehen HKD

SGDHUF

Ansehen HUF

SGDILS

Ansehen ILS

SGDJPY

Ansehen JPY

SGDMXN

Ansehen MXN

SGDNOK

Ansehen NOK

SGDRON

Ansehen RON

SGDSEK

Ansehen SEK

SGDTHB

Ansehen THB

SGDZAR

Ansehen ZAR

SGDPLN

Ansehen PLN

Transaction Types

FX SPOT
Delivery date: T+1; T+2
Liquidity: high
FX FORWARD
Maximum maturity: 24 months
Liquidity: high

Did You Know?

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Monetary policy

  • The Monetary Authority of Singapore (MAS) serves as a central bank and has the function of ensuring the non-inflationary growth of the Singaporean economy.
  • Price setting method: the exchange rate is described as “supervised”. MAS still controls the evolution of the SGD against a basket of international currencies, whose composition is not public.
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Features and highlights

  • Singapore’s currency is one of the only freely convertible and transferable Asian currencies.
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Expert opinion

  • As Singapore is an outward-looking economy, MAS tends to intervene to limit the excessive appreciations of SGD.
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Regulations

There are no particular restrictions on the purchase and sale of SGD.

Important Information

PAYMENTS IN SGD TO SINGAPORE

The IBAN format is used in Singapore. Payment instructions must contain:

  • The BIC Code of the beneficiary bank
  • The full name, address and account number of the beneficiary.

Keep In Mind

PUBLIC HOLIDAYS

New Year's Day 1 Jan
Good Friday 30 Mär
Vesak Day 29 Mai
National Day 9 Aug
Deepvali 18 Okt
Lunar New Year 16 - 17 Feb
Labour Day 1 Mai
Hari Raya Puasa 15 Jun
Hari Raya Haji 22 Aug
Christmas Day 25 Dez

When a holiday falls on a weekend, the next business day becomes a holiday

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Currency Reference Guide

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Reference guide

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