Singapore dollar in 1973: Float basket
Singapore dollar divides its story at 1973, under “Float basket.” The figure attached to that history is 1967. Do not replace the sentence with the number on a bureau de change board today. Fix the reason it was issued, the picture, and where it was used, to that year. Why does Singapore dollar matter globally?
Singapore dollar (SGD) is issued or defined under Monetary Authority of Singapore. A managed float run by the MAS — Asia's boutique hard currency. Monetary Authority of Singapore sets monetary policy and oversees the unit; physical production involves Singapore Mint. No. Tool-Lifes /money is a static educational atlas. It explains regimes, history and design without live tickers.
Global importance comes from trade invoicing, reserve holdings, financial contracts and migrant remittances — measured here as relative scores, not prices. What does the reserve-weight score mean? It ranks how heavily central banks and global finance rely on this unit compared with others in the atlas — an editorial 0–100 score.
The Design chapter covers major note and coin types; images come from Wikimedia Commons when a free licence is available. The Crises chapter summarises documented stress episodes — devaluations, peg breaks, inflation spikes — with lessons, not trading signals. The Today chapter notes digital-payment rails and CBDC pilots where relevant. Most everyday balances remain cash and bank deposits.
Singapore dollar in 1973 under “Float basket” carries 1967. That figure is not today’s counter price.1973
Figures to keep
- Year of the rule
- 1973
- Figure in the history
- 1967
- Currency
- Singapore dollar
- Line in the record
- Float basket