United States dollar singapore dollar history for July 2023. The highest quote for this month is 1.3529 (05/07/2023) and the lowest 1.3486 (05/07/2023). The difference between high and low is 0.32.
USD SGD average rate for July 2023 is 1.33747, the change between 01/07/2023 and 31/07/2023 is +1.33 %.
| 05 July 2023 | 1 USD = 1.349 SGD |
| 25 July 2023 | 1 USD = 1.332 SGD |
| 31 July 2023 | 1 USD = 1.331 SGD |
30/03/2020: SGD in COVID-19 Pandemic
The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.
13/10/2016: Celebrating 50 Years of Currency
Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.
21/07/2003: Currency Interchangeability Agreement with Brunei
The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.
02/01/2001: Floatation of SGD
Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.
01/03/1973: Pegging to a Basket of Currencies
The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.
12/06/1967: Monetary Agreement with Malaysia
Singapore withdrew from the Malaysian dollar and issued its own currency.
12/06/1965: Independence of Singapore
The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.