The currency used in Singapore is the Singapore dollar (SGD).
The Singapore dollar is divided into 100 cents and is commonly abbreviated as S$.
The Singapore dollar has been the official currency of Singapore since 1967, when it replaced the Malaysian dollar after Singapore gained independence from Malaysia.
The Singapore dollar is managed by the Monetary Authority of Singapore (MAS), which is the central bank of Singapore.
The Singapore dollar is widely accepted throughout Singapore and can be exchanged at banks, money changers, and airports.
It is also possible to withdraw Singapore dollars from ATMs using international credit or debit cards.
In addition to physical cash, Singapore also has a well-developed electronic payment system, with a variety of payment options available, including credit cards, mobile payments, and internet banking.
As Singapore is a global financial hub, the Singapore dollar is also used in international trade and finance.
The SGD is actively traded on foreign exchange markets and is considered a major currency in the Asia-Pacific region.
In conclusion, the currency used in Singapore is the Singapore dollar (SGD). The SGD has been the official currency of Singapore since 1967 and is managed by the Monetary Authority of Singapore (MAS). The Singapore dollar is widely accepted throughout Singapore and is also used in international trade and finance.
