Convert Singapore Dollar to United States Dollar
Please provide values below to convert Singapore Dollar [SGD] to United States Dollar [USD], or Convert United States Dollar to Singapore Dollar.
How to Convert Singapore Dollar to United States Dollar
1 SGD = 1.2797 USD
Example: convert 15 SGD to USD:
15 SGD = 15 × 1.2797 USD = 19.1955 USD
Singapore Dollar to United States Dollar Conversion Table
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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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.