Convert Singapore Dollar to New Taiwan Dollar
Please provide values below to convert Singapore Dollar [SGD] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Singapore Dollar.
How to Convert Singapore Dollar to New Taiwan Dollar
1 SGD = 0.0435790907542993 TWD
Example: convert 15 SGD to TWD:
15 SGD = 15 × 0.0435790907542993 TWD = 0.65368636131449 TWD
Singapore Dollar to New Taiwan Dollar Conversion Table
| Singapore Dollar | New Taiwan Dollar |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.