1. What currency is S? S$ is the symbol of Singapore dollar. Singapore Dollar (SGD) is the basic unit of legal tender in Singapore, marked with S$. One yuan is subdivided into 1 cents, which is issued by the Singapore Currency Board. Known as the new currency in Taiwan Province. 2. Singapore dollar Singapore dollar is the legal tender of Singapore, marked with S$. A dollar can be subdivided into 1 cents (also called "gross") or 1 cents (cent). Singapore dollar can be divided into banknotes and coins. Since 24, plastic banknotes from 2 yuan, 5 yuan and 1 yuan have been issued. On August 9, 1965, Singapore was forced to withdraw from the Federation of Malaysia and declared its independence. [1] On December 22, it established the Republic of Malaysia, but it still used Malaya and British Borneo dollars. In 1967, the pound depreciated, and the former Malayan and British Borneo Monetary Committee stopped issuing Malayan and British Borneo dollars. In the same year, Singapore began to issue its own banknotes, Singapore Dollar, and * * * issued four sets of banknotes. 3. Which way is more suitable for remittance from Singapore to China? To sum up, there are the following remittance channels: 1. There are many remittance companies in Chinatown, a Chinese cultural gathering area in Singapore. The exchange rate is considerable, but there are many people, long queues and expensive handling fees. 2, the bank remittance exchange rate is general, the handling fee is expensive, but generally speaking, the security is high. 3. Private remittance centers Private remittance companies lack protection or even no protection, and accounts are often frozen due to certain operations. 4, the high exchange rate remittance way is high exchange rate, niche, without any qualifications, through the introduction of others, generally only one remittance can be completed. IV. Development History of Singapore Dollar From 1845 to 1939, Singapore used the "Straits dollar" issued by the Straits Colony as the currency in circulation. After 194, Singapore followed Malaya to use the Malayan Dollar. During World War II, Singapore used Japanese military handbills commonly known as "Banana money" issued by the Japanese military government. After the war, it resumed using Malaya Dollar until 1953, when it was changed to Malaya Dollar and British Borneo Dollar issued by "Board of Commissioners of Currency, Malaya and British Borneo", and the exchange rate was 1: 1. On August 9, 1965, Singapore was forced to become independent, and on December 22, the Republic of China was established, but Malaya and British Borneo dollars were still used. At that time, the legal exchange rate was 6 Ma, which was 7 pounds. In 1967, the pound depreciated, and the former Malayan and British currency committee stopped issuing Malayan and British currency. The Singapore government issued its own Singapore dollar, which replaced Malayan and British currency. At that time, the currencies issued at the same time included Singapore dollar, Malaysian ringgit and Brunei dollar, and the currencies of the three countries were equivalent. In June 1967, Singapore signed the "Currency Interchangeability Agreement". Brunei currency and Singapore currency can be used equally in both countries. All Singapore banks must accept Brunei banknotes and coins deposited by customers. Anyone who receives Brunei currency can take it to the bank and deposit it in a bank account with the same value as the new currency. From 1973 to 1985, the Singapore dollar began to change with a basket of currencies. After 1985, the Singapore dollar adopted a floating exchange rate system. On the morning of October 27th, 214, at the 11th meeting of the China-Singapore Joint Commission on Bilateral Cooperation, it was revealed that the foreign exchange markets of China and Singapore will officially launch direct RMB-Singapore dollar transactions.