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🇸🇬FX & Reserves

Singapore dollar · A managed float run by the MAS — Asia's boutique hard currency.

At a glance
Score intensity

Darker cells mean a higher score for this topic on that metric.

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Quick answers

What is the Singapore dollar?

Singapore dollar (SGD) is issued or defined under Monetary Authority of Singapore. A managed float run by the MAS — Asia's boutique hard currency.

Who issues Singapore dollar?

Monetary Authority of Singapore sets monetary policy and oversees the unit; physical production involves Singapore Mint.

Is this a live exchange rate?

No. Tool-Lifes /money is a static educational atlas. It explains regimes, history and design without live tickers.

Why does Singapore dollar matter globally?

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.

Where can I see banknotes?

The Design chapter covers major note and coin types; images come from Wikimedia Commons when a free licence is available.

SGD$

Start with this section - FX & Reserves

SGD $

In FX, Singapore dollar is priced against other units. This chapter ranks typical pair importance and reserve uses without quoting live prices.

Vehicle-currency status, local-bond depth and trade invoicing explain why some units punch above their GDP weight.

Key pairs

Relative trading importance among major pairs — educational scores, not live rates.

vs USD

61

USD pair is usually the most liquid venue for Singapore dollar.

vs EUR

44

Euro crosses matter for European and Mediterranean trade.

vs JPY

31

Yen crosses matter for Asian funding and carry trades.

vs CNY

23

Renminbi pairs grow with China trade links.

Regional cross

50

Neighbour-currency crosses serve local trade and travel.

Commodity cross

45

Oil, metals or ags correlate with some EM and commodity currencies.

Reserve role

Official reserves

Relative reserve-weight score 28/100 versus peers in this atlas.

Private balances

Corporates and households hold deposits and securities in this unit offshore.

Safe-asset supply

Depth of government debt in this currency supports reserve use.

Intervention currency

Peers may buy or sell this unit when managing their own pegs.

Capital & trade flows

Trade invoicing

Goods and services priced in Singapore dollar create ongoing FX demand.

Portfolio flows

Bond and equity investors move in and out with global risk appetite.

FDI & tourism

Long-term investment and travel leave lasting FX footprints.

Remittances

Household transfers matter especially for emerging-market units.

Carry & funding

Interest differentials attract or repel short-term capital.

Key numbers

28Reserve score
42Reach score
92Stability score
65Autonomy score

How FX works →

For mechanics of spot, forwards and settlement, see the FX basics pillar.

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