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.
20/12/2017: Devaluation of Algerian Dinar
The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.
13/10/2016: Celebrating 50 Years of Currency
Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.
29/06/2014: 50th Anniversary of Algerian Dinar
Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.
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.
21/12/1999: Introduction of Euro-Dinar Exchange Rate
The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.
17/09/1994: Introduction of New Dinar
A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.
10/11/1973: Devaluation of Algerian Dinar
The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.
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.
07/05/1971: Algerian Dinar Pegged to French Franc
The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.
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.
01/10/1964: Introduction of Algerian Dinar
The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.