Everything about Singapore Dollar totally explained
The
dollar (
currency code SGD) is the
currency of
Singapore. It is normally abbreviated with the
dollar sign $, or alternatively S$ to distinguish it from other
dollar-denominated currencies. It is divided into 100
cents.
History
Between
1845 and
1939, Singapore used the
Straits dollar.
This was replaced by the
Malayan dollar,
and issued its first coins and notes.
Coins
In 1967, the first series of coins was introduced in denominations of 1, 5, 10, 20 and 50 cents and 1 dollar. Except for the bronze 1 cent, these coins were struck in cupro-nickel. In 1985, a second series of coins was introduced in the same denominations. The sizes of the coins were reduced (most substantially for the larger denominations) and the 5 cents was struck in aluminium-bronze. In 1987, the 1 dollar coin was further reduced in size and switched to being struck in aluminium-bronze.
First Series (1967 - 1985) (External Link ) |
| Value |
Technical parameters |
Description |
Date of issue |
| Diameter |
Thickness |
Mass |
Composition |
Edge |
Obverse |
Reverse |
| 1 cent |
17.780 mm |
1.118 mm |
1.940 g |
Bronze |
Plain |
Value and Year |
A high - rise public housing block with a fountain in front and clouds in the background |
June 12, 1967 |
| 1 cent |
1.240 g |
Copper-clad steel |
1976 |
| 5 cents |
16.26 mm |
1.02 mm |
1.410 g |
Cupro-nickel |
Milled |
Value and Year |
A snake-bird sitting in its nest and preening its feathers. |
June 12, 1967 |
| 5 cents |
1.260 g |
Cupro-nickel clad steel |
| 5 cents (FAO) |
21.23 mm |
1.27 mm |
1.240 g |
Aluminium |
A fish and the phrases "INCREASE PRODUCTION" and "MORE FOOD FROM THE SEA." |
1971 |
| 10 cents |
19.41 mm |
1.40 mm |
2.83 g |
Cupro-nickel |
A seahorse with a stylized piece of seaweed. |
June 12, 1967 |
| 20 cents |
23.60 mm |
1.78 mm |
5.66 g |
A swordfish against a background symbolizing water. |
| 50 cents |
27.76 mm |
2.03 mm |
9.33 g |
A lionfish from tropical waters. |
| $1 |
33.32 mm |
2.39 mm |
16.85g |
A stylized Singapore lion symbol flanked by two stalks of paddy. |
|
The current series of
coins feature the
Coat of Arms of Singapore on the obverse, and a floral theme on the reverse.
| Second Series (1985 - present) (External Link) |
| Value |
Technical parameters |
Description |
Date of issue |
| Diameter |
Thickness |
Mass |
Composition |
Edge |
Obverse |
Reverse |
| 1 cent |
15.9 mm |
1.1 mm |
1.24 g |
Copper-plated zinc |
Plain |
Coat of Arms, "Singapore" in 4 official languages |
Value, Vanda Miss Joaquim |
September 28, 1987 |
| 5 cents |
16.75 mm |
1.22 mm |
1.56 g |
Aluminium bronze |
Reeded |
Coat of Arms, "Singapore" in 4 official languages |
Value, Monstera deliciosa |
December 2, 1985 |
| 10 cents |
18.5 mm |
1.38 mm |
2.6 g |
Cupronickel |
Reeded |
Coat of Arms, "Singapore" in 4 official languages |
Value, Jasminum multiflorum |
December 2, 1985 |
| 20 cents |
21.36 mm |
1.72 mm |
4.5 g |
Value, Calliandra surinamensis |
| 50 cents |
24.66 mm |
2.06 mm |
7.29 g |
Reeded |
Value, Allamanda Cathartica |
December 2, 1985 |
| 50 cents |
Inscribed "REPUBLIC OF SINGAPORE" and the lion symbol |
May 28, 1990 |
| $1 |
22.40 mm |
2.4 mm |
6.3 g |
Aluminium bronze |
Inscribed "REPUBLIC OF SINGAPORE" and the lion symbol |
Coat of Arms, "Singapore" in 4 official languages |
Value, Lochnera rosea |
September 28, 1987 |
|
Note:
- 6.81 million 1 cent coins are in circulation as at 1 December 2006, but are no longer issued since 2003.
- 5.86 million 5 cent coins are still in circulation as at 1 December 2006, but are no longer issued.
Banknotes
On
June 12,
1967, the first series of notes, known as the
Orchid series, was introduced in denominations of 1, 5, 10,50, 100 and 1000 dollars. 25 and 500 dollar notes were introduced in 1972, followed by 10,000 dollars in 1973. Between 1976 and 1980, the
Bird series was introduced, including a 20 dollar note introduced in 1979. This series didn't include a 25 dollar note. The
Ship series was introduced between 1985 and 1989 in the same denominations except for the absence of a 20 dollar note. Notes for 2 dollars were introduced in 1990.
The current Portrait series was introduced in 1999, with the 1 and 500 dollar denominations omitted. These notes feature the face of
Yusof bin Ishak, the first president of the Republic of Singapore, on the obverse, and the reverse depicts a feature of civic virtue. There are both paper and polymer notes in circulation. The designs of the polymer notes are very similar to the corresponding paper note except for the slightly slippery feel and a small transparent window design in the corner of the banknote. Polymer notes are progressively replacing the paper banknotes in circulation.
On
27 June 2007, to commemorate 40 years of currency agreement with Brunei, the $20 note was launched; the back is identical to the Bruneian $20 note launched concurrently. A circulation version of the $20 note can be exchanged at banks in Singapore beginning
July 16,
2007, limited to two pieces per transaction.
Further Information
Get more info on 'Singapore Dollar'.
|
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