
Singaporean Dollar
SGD
- Convertible: Yes
- Transferable: Yes
- Exchange rate regime: Floating
Available Currency Pairs

EURSGD
View EUR
USDSGD
View USD
GBPSGD
View GBP
CHFSGD
View CHF
AUDSGD
View AUD
CADSGD
View CAD
NZDSGD
View NZD
SGDAED
View AED
SGDCNY
View CNH/CNY
SGDCZK
View CZK
SGDDKK
View DKK
SGDHKD
View HKD
SGDHUF
View HUF
SGDILS
View ILS
SGDJPY
View JPY
SGDMXN
View MXN
SGDNOK
View NOK
SGDRON
View RON
SGDSEK
View SEK
SGDTHB
View THB
SGDZAR
View ZAR
SGDPLN
View PLNTransaction Types
FX SPOT
Delivery date: T+1; T+2
Liquidity: high
FX FORWARD
Maximum maturity: 24 months
Liquidity: high
Did You Know?
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.
Features and highlights
- Singapore’s currency is one of the only freely convertible and transferable Asian currencies.
Expert opinion
- As Singapore is an outward-looking economy, MAS tends to intervene to limit the excessive appreciations of SGD.
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 Mar
Vesak Day 29 May
National Day 9 Aug
Deepvali 18 Oct
Lunar New Year 16 - 17 Feb
Labour Day 1 May
Hari Raya Puasa 15 Jun
Hari Raya Haji 22 Aug
Christmas Day 25 Dec
When a holiday falls on a weekend, the next business day becomes a holiday
Useful Links
Currency Reference Guide
Get the full currency reference guide, updated by the iBanFirst currency market experts
Reference guide