Singapore dollar
Singapore dollar (SGD) is the basic unit of legal tender in Singapore, marked as Singapore dollar. One yuan RMB is subdivided into 100 cents, which is issued by the Singapore Monetary Board. Known as the new currency of Taiwan Province Province.
Singapore dollar can be divided into paper money and coins. Since 2004, plastic banknotes from 2 yuan, 5 yuan and 10 yuan have been issued.
Singapore broke away from Malaysia in 1965 and declared its independence. On February 22nd, 1965, the Republic of Malaysia was founded. On June 1967, Singapore began to issue its own paper currency "Singapore Dollar", and * * * issued four sets.
1967, 12 In June, the former Joint Monetary Fund Committee stopped issuing Malaysian dollars, and the Singapore government issued its own Singapore dollar to replace Malaysian dollars. In the same year 165438+ 10/8, the pound depreciated, and on June 19, Singapore announced that the gold content of the Singapore dollar would remain unchanged. 197 1 year 65438+February 18 USD depreciated, but the gold content of Singapore dollar remained unchanged.
1after the pound floated on June 23, 972, the Singapore dollar was pegged to the dollar instead of the pound. 1973 On June 20th, Singapore implemented a floating real exchange rate system.
From 1973 to 1985, the Singapore dollar exchange rate began to change with a basket of currencies. After 1985, the Singapore dollar adopted a floating exchange rate system. However, monetary authority of singapore sometimes controls its currency to stabilize its domestic economy. The issuer of Singapore dollar was originally issued by Singapore Monetary Committee, and later issued by monetary authority of singapore on June 65438+1October 65438+1October 2002.
20 14,101On the morning of 27 October, it was revealed at the 1 1 meeting of the China-Singapore Joint Committee on Bilateral Cooperation held in Suzhou that the direct trading of RMB against Singapore dollar would be officially launched in the foreign exchange markets of China and Singapore. At the meeting, China and Singapore also discussed the third Sino-Singapore intergovernmental cooperation project in western China.
The issuer of the Singapore dollar was originally issued by the Monetary Committee of Singapore, and was later issued by monetary authority of singapore on June 65438+ 10/day, 2002.