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.
01/01/2019: Redenomination of the Surinamese dollar
The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).
13/10/2016: Celebrating 50 Years of Currency
Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.
01/01/2011: Introduction of new banknotes
New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.
01/01/2004: Replacement of banknotes
New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.
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.
23/12/1991: Devaluation of the Surinamese dollar
The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.
01/10/1985: Introduction of the Surinamese dollar
The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.
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.
01/01/1962: Introduction of the Surinamese guilder
The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.
31/12/1954: Independence of Suriname
Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official currency.