Historic Taiwan dollar Singapore dollar

Taiwan dollar singapore dollar history for March 2024. The highest quote for this month is 0.042631 (03/03/2024) and the lowest 0.04265 (04/03/2024). The difference between high and low is -0.04.

TWD SGD average rate for March 2024 is 0.0425, the change between 01/03/2024 and 31/03/2024 is +0.43 %.

01 March 20241 TWD = 0.0426 SGD
03 March 20241 TWD = 0.0426 SGD
04 March 20241 TWD = 0.0426 SGD
05 March 20241 TWD = 0.0426 SGD
06 March 20241 TWD = 0.0426 SGD
07 March 20241 TWD = 0.0425 SGD
08 March 20241 TWD = 0.0424 SGD
10 March 20241 TWD = 0.0424 SGD
11 March 20241 TWD = 0.0423 SGD
12 March 20241 TWD = 0.0424 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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

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.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

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.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.