The Singapore Dollar is a key currency in Southeast Asia and is widely recognized for its stability and strength. Singapore is a major financial hub, with a robust economy driven by trade, banking, and technology. As a freely floating currency, the SGD’s value is influenced by Singapore’s economic policies, global trade, and foreign investment.

The Monetary Authority of Singapore (MAS) actively manages the exchange rate rather than setting fixed interest rates, making the SGD a managed currency that supports economic growth and stability. The Singapore Dollar is also accepted in Brunei due to a currency agreement between the two countries.