View source for Finance:Singapore dollar

{{short description|Official currency of Singapore}}
{{EngvarB|date=July 2014}}
{{Infobox currency
| currency_name_in_local = {{native name|ms|Dolar Singapura|italics=no}}<br />{{native name|zh|新加坡元|italics=no}}<br />{{native name|ta|சிங்கப்பூர் வெள்ளி|italics=no}}
| iso_code = SGD
| date_of_introduction = {{start date and age|df=yes|1967|6|12}}
| replaced_currency = Malaya and British Borneo dollar
| using_countries = {{SIN}}<br />{{BRU}}
| unofficial_users = 
| inflation_rate = 0.6% at January 2017
| pegged_by = [[Finance:Brunei dollar|Brunei dollar]] at par
| subunit_ratio_1 = {{frac|100}}
| subunit_name_1 = [[Finance:Cent (currency)|cent]]
| plural = dollars
| plural_subunit_1 = cents
| symbol_subunit_1 = c
| symbol = $, S$
| nickname = sing-dollar, sing
| frequently_used_coins = 5c, 10c, 20c, 50c, $1
| rarely_used_coins = 1c (discontinued, still legal tender)
| frequently_used_banknotes = $2, $5, $10, $50, $100
| rarely_used_banknotes = $1, $20, $25, $500, $1,000, $10,000 (discontinued, still legal tender) <!-- Do not remove these denominations as they are still legal tender -->
| issuing_authority_title = Monetary authority
| issuing_authority = Monetary Authority of Singapore
| issuing_authority_website = {{URL|www.mas.gov.sg}}
| mint = Singapore Mint
| mint_website = {{URL|www.singaporemint.com}}
}}
{{Infobox Chinese
 | title    = Singapore dollar
 | c        = 新加坡元
 | showflag = cp
 | p        = Xīnjiāpō yuán
 | w        = Hsin<sup>1</sup>-chia<sup>1</sup>-po<sup>1</sup> yüan<sup>3</sup>
 | mi       = {{IPA-cmn|ɕín tɕjá pʰwó ɥɛ̌n|}}
 | msa      = Dolar/Ringgit Singapura
 | tam      = சிங்கப்பூர் வெள்ளி
 | Sinhala  = සිංගප්පුරු ඩොලර් <br>{{transliteration|ta|Ciṅkappūr Veḷḷi}}
}}

The '''Singapore dollar''' (sign: '''S$'''; [[ISO 4217|code]]: '''SGD''') is the official [[Finance:Currency|currency]] of the [[Place:Singapore|Republic of Singapore]]. It is divided into 100 [[Finance:Cent (currency)|cent]]s. It is normally abbreviated with the [[Finance:Dollar sign|dollar sign]] '''$''', or '''S$''' to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore (MAS) issues the banknotes and coins of the Singapore dollar.

As of 2022, the Singapore dollar is the 10th most-traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam).<ref>{{cite web | author= Monetary Authority of Singapore | url = http://www.mas.gov.sg/en/Currency/Currency-Interchangeability-Agreement-with-Brunei.aspx | title= The Currency Interchangeability Agreement | access-date= 23 October 2012 | archive-url = https://web.archive.org/web/20121025000510/http://www.mas.gov.sg/en/Currency/Currency-Interchangeability-Agreement-with-Brunei.aspx | archive-date= 25 October 2012 | url-status= dead }}</ref> Likewise, the [[Finance:Brunei dollar|Brunei dollar]] is also customarily accepted in Singapore.<ref name=":2" />

==History==
[[File:10 dollar note, Oriental Bank Corporation, Singapore, 1885. On display at the British Museum in London.jpg|thumb|left|10 dollar note, Oriental Bank Corporation, Singapore, 1885. On display at the British Museum in London]]
The Spanish-American silver dollar brought over by the [[Engineering:Manila galleon|Manila galleon]]s was in wide circulation in Asia and the Americas from the 16th to 19th centuries. From 1845 to 1939 the Straits Settlements (of which [[Place:Singapore|Singapore]] used to be part) issued its local equivalent, the Straits dollar.<ref name="Currency History">{{cite web | url = http://www.mas.gov.sg/currency/currency_info/Heritage_Collection.html | title = The Currency History of Singapore | access-date = 28 December 2007 | date = 9 April 2007 | publisher = Monetary Authority of Singapore | quote = Official Currencies of The Straits Settlements (1826–1939); Currencies of the Board of Commissioners of Currency, Malaya (1939–1951); Currencies of the Board of Commissioners of Currency, Malaya and British Borneo (1952–1957); Currencies of the Independent Malaya (1957 -1963); On 12 June 1967, the currency union which had been operating for 29 years came to an end, and the three participating countries, Malaysia, Singapore and Brunei each issued its own currency. The currencies of the 3 countries were interchangeable at par value under the Interchangeability Agreement until 8 May 1973 when the Malaysian government decided to terminate it. Brunei and Singapore however continue with the Agreement until the present day. | url-status = dead | archive-url = https://web.archive.org/web/20100202075742/http://www.mas.gov.sg/currency/currency_info/Heritage_Collection.html | archive-date = 2 February 2010 | df = dmy-all }}</ref> This was replaced by the Malayan dollar, and, from 1953, the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of Currency, Malaya and British Borneo.<ref name="Currency History"/> 

Singapore continued to use the common currency upon joining Malaysia in 1963 and after Singapore's independence from Malaysia in 1965,<ref name="Currency History"/> but the formal monetary union between Malaysia, Singapore and Brunei stopped in 1967, and Singapore established the Board of Commissioners of Currency, Singapore (BCCS), on 7 April 1967<ref>{{cite book | author = Low Siang Kok, Director (Quality), Board of Commissioners of Currency, Singapore | title = The Future of Money / Organisation for Economic Co-operation and Development <!-- http://www.oecd.org/bookshop?pub=032002011P1 --> | url = http://www.oecd.org/dataoecd/40/31/35391062.pdf  <!-- backup url = http://213.253.134.43/oecd/pdfs/browseit/0302011E.PDF --> <!-- backup url = http://www.oecdbookshop.org/oecd/get-it.asp?REF=0302011E.PDF&TYPE=browse  --> | format = PDF | access-date = 28 December 2007 | publisher = OECD Publications | location = France | isbn = 92-64-19672-2 <!-- ISBN 9789264196728 --> | pages = 147 | chapter = Chapter 6: Singapore Electronic Legal Tender (SELT) – A Proposed Concept | quote = The Board of Commissioners of Currency, Singapore (BCCS) was established on 7 April 1967 by the enactment of the Currency Act (Chapter 69). It has the sole right to issue currency notes and coins as legal tender in Singapore. | archive-url = https://web.archive.org/web/20080216000244/http://www.oecd.org/dataoecd/40/31/35391062.pdf | archive-date = 16 February 2008 | url-status = live }}</ref> and issued its first coins and notes. Nevertheless, the Singapore dollar was exchangeable at par with the [[Finance:Malaysian ringgit|Malaysian ringgit]] until 8 May 1973 under the Interchangeability Agreement, and interchangeability with the [[Finance:Brunei dollar|Brunei dollar]] is still maintained.<ref name="Currency History" /> 

Initially, the Singapore dollar was pegged to the [[Finance:Pound sterling|pound sterling]] at a rate of two shillings and four pence to the dollar, or £1 = S$60/7 or S$8.57; in turn, £1 = US$2.80 from 1949 to 1967 so that US$1 = S$3.06. This peg to sterling was broken in 1967 when the pound was devalued to US$2.40 but the peg to the U.S. dollar of US$1 = S$3.06 was retained. This peg remained for a short time after the Nixon Shock of the early 1970s. As Singapore's economy grew and its trade links diversified to many other countries and regions, Singapore moved towards pegging its currency against a fixed and undisclosed trade-weighted basket of currencies from 1973 to 1985.

Before 1970, the various monetary functions associated with a central bank were performed by several government departments and agencies. As Singapore progressed, the demands of an increasingly complex banking and monetary environment necessitated streamlining the functions to facilitate the development of a more dynamic and coherent policy on monetary matters. Therefore, the Parliament of Singapore passed the Monetary Authority of Singapore Act in 1970, leading to the formation of MAS on 1 January 1971. The MAS Act gave the MAS the authority to regulate all elements of monetary, banking, and financial aspects of Singapore.  

From 1985 onwards, Singapore adopted a more market-oriented exchange regime, classified as a Monitoring Band, in which the Singapore dollar is allowed to float (within an undisclosed bandwidth of a central parity) but closely monitored by the Monetary Authority of Singapore (MAS) against a concealed basket of currencies of Singapore's major trading partners and competitors. This, in theory, allows the Singaporean government to have more control over imported inflation and to ensure that Singapore's exports remain competitive.

On 1 October 2002, the Board of Commissioners of Currency, Singapore (BCCS) merged with the Monetary Authority of Singapore (MAS), which took over the responsibility of banknote issuance.<ref>{{Cite web|url=http://www.mas.gov.sg/News-and-Publications/Media-Releases/2002/BCCS-Merges-with-MAS-on-1-October--30-September-2002.aspx|title=BCCS Merges with MAS on 1 October 30 September 2002|website=www.mas.gov.sg|language=en|archive-url=https://web.archive.org/web/20180619190149/http://www.mas.gov.sg/News-and-Publications/Media-Releases/2002/BCCS-Merges-with-MAS-on-1-October--30-September-2002.aspx|archive-date=19 June 2018|url-status=dead|access-date=2018-06-19}}</ref>

==Currency in circulation==
As of 2012, the total [[Finance:Circulation (currency)|currency in circulation]] was S$57.278 billion.<ref>{{Cite web |title=Currency in Circulation (2011 to 2020) |url=https://www.mas.gov.sg/-/media/MAS/Statistics/Currency-Statistics/Currency-in-Circulation-2020.pdf}}</ref> All issued Singapore currency in circulation (notes and coins) are fully backed by external assets in its Currency Fund to maintain public confidence.<ref>{{Cite web |url=http://www.mas.gov.sg/currency.aspx |title=Currency |access-date=6 January 2015 |archive-url=https://web.archive.org/web/20141231083119/http://www.mas.gov.sg/currency.aspx |archive-date=31 December 2014 |url-status=dead }}</ref><ref>{{cite web|url=http://intl.econ.cuhk.edu.hk/exchange_rate_regime/index.php?cid=3|title=International Economics – Historical Exchange Rate Regime of Asian Countries|archive-url=https://web.archive.org/web/20080803025821/http://intl.econ.cuhk.edu.hk/exchange_rate_regime/index.php?cid=3|archive-date=3 August 2008|work=The Chinese University of Hong Kong, Copyright 2000|accessdate=15 August 2008}}</ref>  Such external assets consists of all or any of the following:<ref>{{Cite web |url=http://statutes.agc.gov.sg/aol/search/display/view.w3p;page=0;query=DocId%3Ab657047e-066c-4c8a-8e5b-2e96ab706aec%20Depth%3A0;rec=0;resUrl=http%3A%2F%2Fstatutes.agc.gov.sg%2Faol%2Fbrowse%2FtitleResults.w3p%3Bletter%3DC%3BpNum%3D2%3Btype%3DactsAll;whole=yes |title=Singapore Statutes Online – 69 – Currency Act |access-date=6 January 2015 |archive-url=https://web.archive.org/web/20150103152807/http://statutes.agc.gov.sg/aol/search/display/view.w3p;page=0;query=DocId:b657047e-066c-4c8a-8e5b-2e96ab706aec%20Depth:0;rec=0;resUrl=http://statutes.agc.gov.sg/aol/browse/titleResults.w3p;letter=C;pNum=2;type=actsAll;whole=yes |archive-date=3 January 2015 |url-status=live }}</ref> (a) gold and silver in any form; (b) foreign exchange in the form of demand or time deposits; bank balances and money at call; Treasury Bills; notes or coins; (c) securities of or guaranteed by foreign governments or international financial institutions; (d) equities; (e) corporate bonds; (f) currency and financial futures; (g) any other asset which the Authority, with the approval of the President of Singapore, considers suitable for inclusion.

In 2017, the government, in the second reading of the Monetary Authority of Singapore (Amendment) Bill 2017, announced that the Currency Fund will be merged with other funds of the MAS, because the currency in circulation is effectively backed by the full financial strength and assets of MAS, which is much larger than the Currency Fund. As at 31 March 2017, MAS's assets (S$395 billion) were more than seven times larger than the assets of the Currency Fund (S$55 billion). The proposed amendment will merge the Currency Fund with the other funds of MAS and streamline MAS's operations. The Government has said that its support for the currency in circulation, as set out in the Currency Act, remains unchanged.<ref>{{Cite web |url=http://www.mas.gov.sg/News-and-Publications/Speeches-and-Monetary-Policy-Statements/Speeches/2017/Monetary-Authority-of-Singapore-Amendment-Bill.aspx |title=Monetary Authority of Singapore Amendment Bill |access-date=6 July 2017 |archive-url=https://web.archive.org/web/20170704120408/http://www.mas.gov.sg/News-and-Publications/Speeches-and-Monetary-Policy-Statements/Speeches/2017/Monetary-Authority-of-Singapore-Amendment-Bill.aspx |archive-date=4 July 2017 |url-status=dead }}</ref>

Singapore's foreign reserves officially stood at over US$288.2 billion, as of July 2022 according to the MAS.<ref>{{cite web|url=http://www.mas.gov.sg/statistics/reserve-statistics/official-foreign-reserves.aspx|title=Monetary Authority of Singapore – Official Foreign Reserves page|archive-url=https://web.archive.org/web/20220910040820/https://www.mas.gov.sg/statistics/reserve-statistics/official-foreign-reserves.aspx|archive-date=10 September 2022|accessdate=10 September 2022}}</ref>

==Coins==
In 1967, the first series of [[Finance:Coin|coin]]s was introduced in denominations of 1, 5, 10, 20 and 50 cents and 1 dollar. These coins depicted wildlife and other images relating to the island nation and were designed by Stuart Devlin, the same artist credited for the 1966 designs on Australia's decimal coin series. The sizes were the same as those used for the [[Finance:Malaysian ringgit|Malaysian ringgit]] and based directly on the old coinage of the former Malaya and British Borneo dollar. The 1-cent coin was bronze while the other denominations were copper-nickel. Later, in 1976, the 1-cent coin was changed to copper-clad steel. The production of the first series was phased out by 1985.

{|class="wikitable" style="font-size: 90%"
!colspan="9"|First Series (Marine Series) (1967–1985) [https://web.archive.org/web/20130306034726/http://www.singaporemint.com/fact_coin_marine.php]
|-
!rowspan="2"| Value !!colspan="4"| Technical parameters !!colspan="3"| Description !!rowspan="2"| Date of issue
|-
! Diameter !! Thickness !! Mass !! Composition !! Edge !! Obverse !! Reverse
| rowspan=2|1 cent|| rowspan=2|17.78&nbsp;mm || rowspan=2|1.118&nbsp;mm || 1.940&nbsp;g || [[Chemistry:Bronze|Bronze]] || rowspan=2|Plain|| rowspan=2|A high-rise public housing block with a fountain in front and clouds in the background ||rowspan=2| Value and Year  || 12 June 1967
| 1.744&nbsp;g || Copper-clad steel || 1976 
| rowspan=2|5 cents || rowspan=2|16.26&nbsp;mm || rowspan=2|1.02&nbsp;mm || 1.410&nbsp;g || Cupro-nickel || rowspan=7|Milled ||rowspan=2|A snake-bird sitting in its nest and preening its feathers. || rowspan=7|Value and Year ||rowspan=2| 12 June 1967
| 1.260&nbsp;g || Cupro-nickel clad steel
| 5 cents (FAO) ||  21.23&nbsp;mm || 1.27&nbsp;mm || 1.240&nbsp;g || Aluminium || A fish and the phrases "INCREASE PRODUCTION" and "MORE FOOD FROM THE SEA." || 1971
| 10 cents || 19.41&nbsp;mm || 1.40&nbsp;mm || 2.83&nbsp;g || rowspan=4|Cupro-nickel || A seahorse with a stylised piece of seaweed. || rowspan=4| 12 June 1967
| 20 cents || 23.60&nbsp;mm || 1.78&nbsp;mm || 5.66&nbsp;g || A swordfish against a background symbolising water.
| 50 cents || 27.76&nbsp;mm || 2.03&nbsp;mm || 9.33&nbsp;g || A lionfish from tropical waters.
| $1 || 33.32&nbsp;mm || 2.39&nbsp;mm || 16.85&nbsp;g || A stylised Singapore lion symbol flanked by two stalks of paddy.
|-
|}
In 1985, the second series of coins were introduced in denominations of 1, 5, 10, 20 and 50 cents and 1 dollar. The reverse of these coins were designed by Christopher Ironside. The new series offered smaller coins depicting a floral theme. One-dollar banknotes were discontinued and gradually replaced with an aluminium-bronze coin. The 5-cent coin was also changed to aluminum-bronze while the 10, 20, and 50 cents remained copper-nickel. Limited numbers of commemorative bimetallic 5-dollar coins with scalloped edges were also periodically issued later during this series. This series is still in circulation. The 1 cent coin was taken out of circulation in 2002.

{|class="wikitable" style="font-size: 90%"
!colspan="9"|Second Series (Floral Series) (1985–2013) 
|- 
!rowspan="2" | Value !!colspan="4"| Technical parameters !!colspan="3"| Description !! rowspan="2" | Date of issue
|-
! Diameter !! Thickness !! Mass !! Composition !! Edge !! Obverse !! Reverse
| 1 cent|| 15.90&nbsp;mm || 1.10&nbsp;mm || 1.24&nbsp;g || Copper-plated [[Chemistry:Zinc|zinc]] || Plain || Coat of Arms, "Singapore" in 4 official languages || Value and [[Biology:Vanda 'Miss Joaquim'|''Vanda'' 'Miss Joaquim']] || 28 September 1987
| 5 cents || 16.75&nbsp;mm || 1.22&nbsp;mm || 1.56&nbsp;g || [[Chemistry:Aluminium bronze|Aluminium bronze]] || Reeded || Coat of Arms, "Singapore" in 4 official languages || Value and ''[[Biology:Monstera deliciosa|Monstera deliciosa]]'' || 2 December 1985
| 10 cents || 18.50&nbsp;mm || 1.38&nbsp;mm || 2.60&nbsp;g ||rowspan="4"| [[Chemistry:Cupronickel|Cupronickel]] ||rowspan="3"| Reeded ||rowspan="4"| Coat of Arms, "Singapore" in 4 official languages || Value and ''[[Biology:Jasminum multiflorum|Jasminum multiflorum]]'' ||rowspan="2"| 2 December 1985
| 20 cents || 21.36&nbsp;mm || 1.72&nbsp;mm || 4.50&nbsp;g || Value and ''[[Biology:Calliandra surinamensis|Calliandra surinamensis]]''
| rowspan=2|50 cents ||rowspan="2"| 24.66&nbsp;mm ||rowspan="2"| 2.06&nbsp;mm ||rowspan="2"| 7.29&nbsp;g ||rowspan="2"| Value and ''[[Biology:Allamanda cathartica|Allamanda cathartica]]'' || 2 December 1985
| Inscribed "Republic of Singapore" and the lion symbol || 28 May 1990
| $1 || 22.40&nbsp;mm || 2.40&nbsp;mm || 6.30&nbsp;g || [[Chemistry:Aluminium bronze|Aluminium bronze]] || Reeded with inscription: "Republic of Singapore" and the lion symbol || Coat of Arms, "Singapore" in 4 official languages || Value and ''Lochnera rosea'' || 28 September 1987
|-
|}

On 21 February 2013, the Monetary Authority of Singapore announced a new series of coins in denominations of 5, 10, 20, 50 cents and 1 dollar, which went into circulation on 25 June 2013, featuring Singapore's national icons and landmarks.
The coins are struck on a multi-ply plated-steel planchet used by the Royal Canadian Mint and comes with enhanced features to differentiate from fakes. The coins also feature new designs, the one-dollar, now a [[Chemistry:Bi-metallic coin|bi-metallic coin]] featuring the [[Unsolved:Merlion|Merlion]], the fifty cents coin featuring the Port of Singapore, the twenty-cent coin depicts Changi International Airport, the ten-cent coin featuring public housing and the five-cent coin featuring the Esplanade.<ref>{{cite web|url=http://www.mas.gov.sg/newcoins|title=The new coins of Singapore|archive-url=https://web.archive.org/web/20130224015803/http://www.mas.gov.sg/newcoins|archive-date=24 February 2013|work=Monetary Authority of Singapore (www.mas.gov.sg)|accessdate=21 February 2013}}</ref> The second and third series of Singaporean coins have medallic orientation.

{|class="wikitable" style="font-size: 90%"
!colspan="9"|Third Series (Iconic series) (2013–present) [http://www.mas.gov.sg/newcoins]
|-
!rowspan="2"| Value !!colspan="4"| Technical parameters !!colspan="3"| Description !!rowspan="2"| Date of issue
|-
! Diameter !! Thickness !! Mass !! Composition !! Edge !! Obverse !! Reverse
| 5 cents || 16.75&nbsp;mm || 1.22&nbsp;mm || 1.70&nbsp;g || Multi-ply brass-plated steel || Plain || Coat of arms of Singapore, "Singapore" in 4 official languages ||Value and The Esplanade || 25 June 2013
| 10 cents || 18.50&nbsp;mm || 1.38&nbsp;mm || 2.36&nbsp;g || rowspan="3"| Multi-ply nickel-plated steel || Alternating plain and reeded || rowspan="3"|Coat of arms of Singapore, "Singapore" in 4 official languages || Value and Public Housing || rowspan="3"|25 June 2013
| 20 cents || 21.00&nbsp;mm || 1.72&nbsp;mm || 3.85&nbsp;g || Reeded || Value and Changi International Airport
| 50 cents || 23.00&nbsp;mm || 2.45&nbsp;mm || 6.56&nbsp;g || Micro scalloped || Value and Port of Singapore
| 1 dollar || 24.65&nbsp;mm || 2.50&nbsp;mm || 7.62&nbsp;g || Bi-metallic plating consisting of a brass-plated ring with a nickel-plated centre plug || Reeded ||Coat of arms of Singapore, "Singapore" in 4 official languages || Value, The [[Unsolved:Merlion|Merlion]] and a laser mark micro engraving of the [[Biology:Vanda 'Miss Joaquim'|Vanda Miss Joaquim]] || 25 June 2013
|-
|}

==Banknotes==

===Orchid series===

The Orchid Series of currency notes is the earliest to be in for circulation in Singapore. Issued in the years 1967 to 1976, it has nine denominations: $1, $5, $10, $25, $50, $100, $500, $1,000, and $10,000.

Each note has an [[Biology:Orchid|orchid]] design in the centre of the note's front, the orchid being the national flower of Singapore. A scene of Singapore is depicted on the back, which varies across denominations. Standard on each note, is the Coat of Arms, a lion head watermark, and the signature of the Minister for Finance and chairman of the BCCS, on the front of the note. As an added security feature, all notes have at least one vertically embedded security thread, while the $10,000 note has two.

{|class="wikitable" style="font-size: 90%"
!colspan="12"| 1st Series – Orchid Series (1967–1976) [https://web.archive.org/web/20120530033701/http://www.mas.gov.sg/currency/currency_info/notes/orchid_series/Singapore_Circulation_Notes_Orchid_Series.html]
|-
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Colour !!colspan="3"| Description !!rowspan="2"| Date of issue !!rowspan="2"| Issue suspended !!rowspan="2"| Date of withdrawal !!rowspan="2"| Printer
|-
! Obverse !! Reverse !! Obverse !! Reverse !! Watermark
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/1_frontOrchidBigRe.jpg?h=130&w=249]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/1_backOrchidBigRe.jpg?h=130&w=247]
| $1
| 121&nbsp;mm × 64&nbsp;mm
| Dark blue
| Vanda Janet Kaneali
| Blocks of flats in a housing estate
|rowspan="9"| Lion's head
|rowspan="3"| 12 June 1967
|rowspan="3"| 6 August 1976
|rowspan="9"| Limited
|rowspan="2"| BWC
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/5_frontOrchidBigRe.jpg?h=128&w=227]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/5_backOrchidBigRe.jpg?h=130&w=231]
| $5
| 127&nbsp;mm × 71&nbsp;mm
| Green
| Vanda T.M.A.
| A busy scene on the Singapore River
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/10_frontOrchidBigRe.jpg?h=130&w=216]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/10_backOrchidBigRe.jpg?h=130&w=212]
| $10
| 133&nbsp;mm × 79&nbsp;mm
| Red
| Dendrobium Marjorie Ho "Tony Pek"
| 4 clasped hands on a background of a map of Singapore
|rowspan="3"| TDLR
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/25_frontOrchidBigRe.jpg?h=130&w=229]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/25_backOrchidBigRe.jpg?h=130&w=229]
| $25
| 140&nbsp;mm × 79&nbsp;mm
| Brown
| Renanthopsis Aurora
| Supreme Court Building
| 7 August 1972
| 6 August 1979
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/50_frontOrchidBigRe.jpg?h=130&w=217]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/50_backOrchidBigRe.jpg?h=130&w=216]
| $50
| 146&nbsp;mm × 87&nbsp;mm
| Blue
| Vanda Rothscildiana "Teo Choo Hong"
| Clifford Pier
|rowspan="2"| 12 June 1967
| 6 August 1976
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/100_frontOrchidBigRe.jpg?h=130&w=218]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/100_backOrchidBigRe.jpg?h=153&w=221]
| $100
| 159&nbsp;mm × 95&nbsp;mm
| Mid-blue and mauve
| Cattleya 
| A peaceful scene along the Singapore Waterfront 
|rowspan="2"| 1 February 1977
| BWC
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/500_frontOrchidBigRe.jpg?h=130&w=216]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/500_backOrchidBigRe.jpg?h=129&w=213]
| $500
| 160&nbsp;mm × 96&nbsp;mm
| Green
| Dendrobium Shangri-La   
| Government Office at Saint Andrew's Road 
| 7 August 1972
|rowspan="3"| TDLR
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/1000_frontOrchidBigRe.jpg?h=130&w=216]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/1000_backOrchidBigRe.jpg?h=130&w=216]
| $1,000
| 159&nbsp;mm × 95&nbsp;mm
| Mauve and dark grey
| Dendrobium Kimiyo Kondo "Chay"    
| Victoria Theatre & Empress Place
| 12 June 1967
| 7 August 1978
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/10000_frontOrchidBigRe.jpg?h=130&w=196]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Orchid%20series/10000_backOrchidBigRe.jpg?h=130&w=199]
| $10,000
| 203&nbsp;mm × 133&nbsp;mm
| Green
| Aranda Majulah    
| The Istana
| 29 January 1973
| 1 February 1980
|-
|}

===Bird series===

The Bird Series of currency notes is the second set of notes to be issued for circulation in Singapore. Issued in the years 1976 to 1984, it has nine denominations, the same number as in the Orchid Series, albeit the $25 note was replaced by the $20 note.

Each note features a bird on the left side of the note's front, a theme selected to represent a young Singapore "ever ready to take flight to greater heights". Standard on each note, is the Coat of Arms, a lion head watermark, and the signature of the Minister for Finance and chairman of the BCCS, on the front of the note. As an added security feature, all notes have a vertically embedded security thread, while the $1,000 and $10,000 notes have two.

{|class="wikitable" style="font-size: 90%"
!colspan="12"| 2nd Series – Bird Series (1976–1984) [https://web.archive.org/web/20120427144005/http://www.mas.gov.sg/currency/currency_info/notes/bird_series/Singapore_Circulation_Notes_Bird_Series.html]
|-
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Colour !!colspan="3"| Description !!rowspan="2"| Date of issue !!rowspan="2"| Issue suspended !!rowspan="2"| Date of withdrawal 
|-
! Obverse !! Reverse !! Obverse !! Reverse !! Watermark
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/1_frontBirdBigRe.jpg?h=130&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/1_backBirdBigRe.jpg?h=130&w=260]
| $1
| 125&nbsp;mm × 63&nbsp;mm
| Blue
| Black-naped Tern
| National Day Parade
|rowspan="9"| Lion's head
|rowspan="3"| 6 August 1976
| 12 January 1987
|rowspan="9"| Limited
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/5_frontBirdBigRe.jpg?h=130&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/5_backBirdBigRe.jpg?h=130&w=260]
| $5
| 133&nbsp;mm × 66&nbsp;mm
| Green
| Red-whiskered Bulbul
| [[Engineering:Aerial lift|Cable cars]] and aerial view of the harbour
| 21 August 1989
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/10_frontBirdBigRe.jpg?h=127&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/10_backBirdBigRe.jpg?h=126&w=260]
| $10
| 141&nbsp;mm × 69&nbsp;mm
| Red
| White-collared Kingfisher
| Garden city with high rise public housing in background
| 1 March 1988
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/20_frontBirdBigRe.jpg?h=124&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/20_backBirdBigRe.jpg?h=124&w=259]
| $20
| 149&nbsp;mm × 72&nbsp;mm
| Brown
| [[Biology:Olive-backed sunbird|Yellow-breasted Sunbird]]
| Singapore Changi International Airport with the [[Engineering:Concorde|Concorde]] in the foreground
| 6 August 1979
| 1 January 1991
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/50_frontBirdBigRe.jpg?h=122&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/50_backBirdBigRe.jpg?h=122&w=260]
| $50
| 157&nbsp;mm × 75&nbsp;mm
| Blue
| White-rumped Shama
| School band on parade
| 6 August 1976
| 9 March 1987
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/100_frontBirdBigRe.jpg?h=120&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/100_backBirdBigRe.jpg?h=120&w=260]
| $100
| 165&nbsp;mm × 78&nbsp;mm
| Blue
| Blue-throated Bee-eater
| Dancers of various ethnic groups
| rowspan=2| 1 February 1977
| 1 August 1985
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/500_frontBirdBigRe.jpg?h=120&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/500_backBirdBigRe.jpg?h=117&w=260]
| $500
| 181&nbsp;mm × 84&nbsp;mm
| Green
| Black-naped Oriole  
| Oil Refinery
| 1 March 1988
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/1000_frontBirdBigRe.jpg?h=118&w=260]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/1000_backBirdBigRe.jpg?h=118&w=260]
| $1,000
| 197&nbsp;mm × 90&nbsp;mm
| Purple
| Brahminy Kite  
| Container terminal
| 7 August 1978
| 22 October 1984
|-
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/10000_frontBirdBigRe.jpg?h=130&w=200]
|align="center"| [http://www.mas.gov.sg/~/media/Specimen%20Notes%20Bird/Bird%20series/10000_backBirdBigRe.jpg?h=130&w=198]
| $10,000
| 203&nbsp;mm × 133&nbsp;mm
| Green
| White-bellied sea-eagle
| 2 scenes of the Singapore River
| 1 February 1980
| 21 August 1989
|-
|}

===Ship series===

[[File:singaporeonedollarnote1.jpg|thumb|An example of a Singapore $1 note printed with The Ship Series|right]]

[[File:singaporeonedollarnote2.jpg|thumb|Singapore $1 note showing a picture of a satellite station on the reverse side|right]]

The Ship Series of currency notes is the third set of notes to be issued for circulation in Singapore. Issued in the years 1984 to 1999, it retains the number of denominations as was in the previous two series of notes, but switches the $20 note for the $2 one.

A maritime theme to reflect Singapore's maritime heritage was adopted, and progressively shows across the various denominations, the different kinds of ships which have plied Singapore's waters as the country developed. These vignettes are located on the front of the note. On the back, various scenes depicting Singapore's achievements are shown, as well as an [[Biology:Orchid|orchid]], to symbolise the country's national flower.

Standard on each note, is the Coat of Arms, a lion head watermark, and the signature of the Minister for Finance and chairman of the BCCS, on the front of the note. As an added security feature, all notes have a vertically embedded security thread.

{|class="wikitable" style="font-size: 90%"
!colspan="12"| 3rd Series – Ship Series (1984–1999) [https://web.archive.org/web/20120530041952/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series.html]
|-
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Colour !!colspan="3"| Description !!rowspan="2"| Date of issue !!rowspan="2"| Issue suspended !!rowspan="2"| Date of withdrawal
|-
! Obverse !! Reverse !! Obverse !! Reverse !! Watermark
|-
|align="center"| [https://web.archive.org/web/20120315060325/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__1.html]
|align="center"| [https://web.archive.org/web/20120315060325/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__1.html]
| $1
| 125&nbsp;mm × 63&nbsp;mm
| Blue
| "Sha Chuan"
| Sentosa Satellite Earth Station
|rowspan="10"| Lion's head
| 12 January 1987
|rowspan="10"| 9 September 1999
|rowspan="10"| Limited
|-
|align="center"| [https://web.archive.org/web/20120306070018/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__2.html]
|align="center"| [https://web.archive.org/web/20120306070018/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__2.html]
| $2
| rowspan=2|133&nbsp;mm × 63&nbsp;mm
| Red
| rowspan=2|"[[Engineering:Tongkang|Tongkang]]"
| rowspan=2|Different ethnic groups participating in Chingay procession.
| 28 January 1991
|-
|align="center"| [https://web.archive.org/web/20120306070018/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__2.html]
|align="center"| [https://web.archive.org/web/20120306070018/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__2.html]
| $2
| Purple
| 16 December 1991
|-
|align="center"| [https://web.archive.org/web/20120320101732/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__5.html]
|align="center"| [https://web.archive.org/web/20120320101732/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__5.html]
| $5
| 133&nbsp;mm x 66&nbsp;mm
| Green
| "Twakow"
| View of the Port of Singapore Authority Container terminal
| 21 August 1989
|-
|align="center"| [https://web.archive.org/web/20120320101744/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__10.html]
|align="center"| [https://web.archive.org/web/20120320101744/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__10.html]
| $10
| 141&nbsp;mm × 69&nbsp;mm
| Red
| Barter trading vessel "Palari"
| View of Public Housing
| 1 March 1988
|-
|align="center"| [https://web.archive.org/web/20070607095416/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__50.html]
|align="center"| [https://web.archive.org/web/20070607095416/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__50.html]
| $50
| 156&nbsp;mm × 74&nbsp;mm
| Blue
| Coaster vessel "Perak"
| Bird's-eye view of Benjamin Sheares Bridge
| 9 March 1987
|-
|align="center"| [https://web.archive.org/web/20120315060334/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__100.html]
|align="center"| [https://web.archive.org/web/20120315060334/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__100.html]
| $100
| 165&nbsp;mm × 78&nbsp;mm
| Brown
| Passenger liner ''Chusan''
| Bird's-eye view of Singapore Changi International Airport and a Singapore Airlines [[Engineering:Boeing 747|Boeing 747]]
| 1 August 1985
|-
|align="center"| [https://web.archive.org/web/20120315060349/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__500.html]
|align="center"| [https://web.archive.org/web/20120315060349/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__500.html]
| $500
| 175&nbsp;mm × 83&nbsp;mm
| Green
| General cargo vessel "Neptune Sardonyx" 
| Group of men and women from the 3 services of the armed forces and the Civil Defence Force  with the outline map of Singapore in the background
| 1 March 1988
|-
|align="center"| [https://web.archive.org/web/20120530043259/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__1000.html]
|align="center"| [https://web.archive.org/web/20120530043259/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__1000.html]
| $1,000
| 185&nbsp;mm × 88&nbsp;mm
| Purple
| Container ship "Neptune Garnet" and two container quay cranes
| Bird's-eye view of a shipyard
| 22 October 1984
|-
|align="center"| [https://web.archive.org/web/20120530040912/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__10000.html]
|align="center"| [https://web.archive.org/web/20120530040912/http://www.mas.gov.sg/currency/currency_info/notes/ship_series/Singapore_Circulation_Notes_Ship_Series__10000.html]
| $10,000
| 195&nbsp;mm × 93&nbsp;mm
| Red
| General bulk carrier "Neptune Canopus"
| 1987 National Day Parade
| 21 August 1989
|-
|}

===Portrait series===

The current Portrait series was introduced in 1999, with the one- and 500-dollar denominations omitted. These notes feature the face of Yusof bin Ishak, the first president of the Republic of Singapore, on the obverse, and the reverse depicts a feature of civic virtue. There are both paper and polymer notes in circulation. The designs of the polymer notes are very similar to the corresponding paper note except for the slightly slippery feel and a small transparent window design in the corner of the banknote. Polymer notes are progressively replacing the paper banknotes in circulation. The notes also have Braille patterns at the top right-hand corner of the front design.

{|class="wikitable" style="font-size: 90%"
!colspan="12"|4th Series – Portrait Series (1999–present) [http://www.mas.gov.sg/Currency/Circulation-Currency/Notes.aspx]
|-
|-
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Colour !!colspan="2"| Description !!rowspan="2"| Date of issue !!rowspan="2"| Issue suspended !!rowspan="2"| Date of withdrawal !!rowspan="2"|Material
|-
! Obverse !! Reverse !! Obverse !! Reverse
|-
|align="center" bgcolor="#000000"|
|align="center" bgcolor="#000000"|
|rowspan="2"| $2 
|rowspan="2"| 126 × 63&nbsp;mm 
|rowspan="2"| Violet 
|rowspan="2"| President Yusof bin Ishak (1910–1970), Money [[Biology:Cowry|Cowrie]] 
|rowspan="2"| '''Education'''
| 9 September 1999
| 12 January 2006
|rowspan="9"| Current
| Paper
|-
|align="center" bgcolor="#000000"|<!-- [[File:SGD 2 Polymer f.jpg|97px|$2]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 2 Polymer b.jpg|97px|$2]] -->
| 12 January 2006
| Current
| Polymer
|-
|align="center" bgcolor="#000000"|
|align="center" bgcolor="#000000"|
|rowspan="2"| $5
|rowspan="2"| 133 × 66&nbsp;mm 
|rowspan="2"| Green 
|rowspan="2"| President Yusof bin Ishak, Gold-Ringed Cowrie 
|rowspan="2"| '''Garden City'''
| 9 September 1999
| 18 May 2007
| Paper
|-
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 5 Polymer f.jpg|97px|$5]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 5 Polymer b.jpg|97px|$5]] -->
| 18 May 2007
| Current
| Polymer
|-
|align="center" bgcolor="#000000"|
|align="center" bgcolor="#000000"|
|rowspan="2"| $10
|rowspan="2"| 141 × 69&nbsp;mm
|rowspan="2"| Red 
|rowspan="2"| President Yusof bin Ishak, Wandering Cowrie 
|rowspan="2"| '''Sports'''
| 9 September 1999
| 4 May 2004
| Paper
|-
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 10 Polymer f.jpg|97px|$10]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 10 Polymer b.jpg|97px|$10]] -->
| 4 May 2004
| rowspan="3"| Current
| Polymer
|-
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 50 Paper f.jpg|97px|$50]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 50 Paper b.jpg|97px|$50]] -->
| $50
| 156 × 74&nbsp;mm
|Blue
| President Yusof bin Ishak, Cylindrical Cowrie
| '''Arts'''
|rowspan="4"| 9 September 1999
| Paper
|-
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 100 Paper f.jpg|97px|$100]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 100 Paper b.jpg|97px|$100]] -->
| $100
| 162 × 77&nbsp;mm
|Orange 
| President Yusof bin Ishak, Swallow Cowrie
| ''' Youth '''
| Paper
|-
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 1000 Paper f.jpg|97px|$1000]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 1000 Paper b.jpg|97px|$1000]] -->
| $1,000
| 170 × 83&nbsp;mm
| Purple 
| President Yusof bin Ishak, Beautiful Cowrie
| '''Government'''
| 1 January 2021
| Paper
|-
|align="center" bgcolor="#000000"|<!-- [[File:SGD 10000 Paper f.jpg|97px|$10000]] -->
|align="center" bgcolor="#000000"|<!-- Deleted image removed:  [[File:SGD 10000 Paper b.jpg|97px|$10000]] -->
| $10,000
| 180 × 90&nbsp;mm
| Golden
| President Yusof bin Ishak, Onyx Cowrie
| '''Economics'''
| 1 October 2014
| Gradually withdrawn from circulation
| Paper
|}

The S$10,000 and [[Finance:Brunei dollar|B$]]10,000 note are the world's most valuable banknotes (that are officially in circulation).<ref name="shequality">{{cite web|url=http://www.shequality.org/11.%20%2019-20%20Sep%202006%20%20Singapore.doc|title=PARITY DEMOCRACY and MONEY: Annual Meetings Paper 11|archive-url=https://web.archive.org/web/20120220085818/http://www.shequality.org/11.%20%2019-20%20Sep%202006%20%20Singapore.doc|archive-date=20 February 2012|work=COUNCIL for PARITY DEMOCRACY|accessdate=18 November 2012}}</ref> As of August 2011, it is worth over seven times as much as the next most valuable, the 1,000-Swiss franc note. On 2 July 2014, the Monetary Authority of Singapore announced that it would stop printing $10,000 notes starting from 1 October 2014 to reduce the risk of money laundering, with all banks instructed to exchange the notes with MAS and not recirculate them.<ref>{{cite web |last1=Low |first1=Aaron |title=Singapore to stop issuing $10,000 notes to combat money laundering |url=https://www.straitstimes.com/business/singapore-to-stop-issuing-10000-notes-to-combat-money-laundering |access-date=7 June 2019 |website=The Straits Times |date=2 July 2014}}</ref> This is a trend in many countries like European Central Bank's discontinuation of the 500-[[Finance:Euro|euro]] banknote in 2016 and AMBD's announcement to stop the production and issuance of the B$10,000 (the largest banknote) in 2020 amid the COVID-19 pandemic.<ref>{{Cite web|url=https://www.ecb.europa.eu/press/pr/date/2016/html/pr160504.en.html|title=ECB ends production and issuance of €500 banknote|website=European Central Bank|access-date=7 July 2016|archive-url=https://web.archive.org/web/20160713190859/http://www.ecb.europa.eu/press/pr/date/2016/html/pr160504.en.html|archive-date=13 July 2016|url-status=dead}}</ref> MAS would also stop producing the S$1,000 banknote as well from 1 January 2021 onwards, but banks would be allowed to recirculate existing notes with customers.<ref name=":1">{{Cite web|title=Singapore to stop issuing S$1,000 note to reduce money laundering risk|url=https://www.channelnewsasia.com/news/singapore/singapore-stop-issuing-1000-note-money-laundering-mas-13449184|access-date=2020-11-09|website=CNA|language=en}}</ref> The MAS said that the higher denomination notes (beyond $100) will continue to remain legal tender.<ref>{{cite web |url=http://therealsingapore.com/content/mas-we-will-stop-issuing-10000-note-october-1st |title=MAS: We will stop issuing the $10,000 note from October 1st &#124; the Real Singapore |access-date=2014-07-12 |url-status=dead |archive-url=https://web.archive.org/web/20140714171150/http://therealsingapore.com/content/mas-we-will-stop-issuing-10000-note-october-1st |archive-date=14 July 2014 |df=dmy-all }}</ref><ref name=":1" />

===Commemorative banknotes===

Commemorative banknotes are also released, usually in limited quantities. The first commemorative banknote was released on 24 July 1990 to celebrate the 25th anniversary of Singapore's independence. Of the 5.1 million $50 polymer banknotes issued, 300,000 came with an overprint of the anniversary date "9 August 1990". This $50 note was the first commemorative note issued by the BCCS and was also the first polymer banknote in the history of Singapore's currency. In addition, the $50 note was the first note designed in Singapore by a Singapore artist.

On 8 December 1999, to celebrate the coming 2000 millennium, three million $2 millennium notes were circulated. The note is similar to the $2 portrait series, except that the prefix of the serial number is replaced with a Millennium 2000 logo. These millennium notes are printed on paper as polymer notes were not introduced yet then.


On 27 June 2007, to commemorate 40 years of currency agreement with Brunei, a commemorative S$20 note was launched; the back is identical to the Bruneian $20 note launched simultaneously.<ref name="Currency Interchangeability Agreement">{{cite press release |url=http://www.mas.gov.sg/news_room/press_releases/2007/Joint_Press_Release_by_the_MOF_Brunei_Darussalam_and_MAS.html |title=Commemorating the 40th Anniversary the Currency Interchangeability Agreement |access-date=22 April 2010 |date=27 June 2007 |publisher=Monetary Authority of Singapore |url-status=dead |archive-url=https://web.archive.org/web/20070703111408/http://www.mas.gov.sg/news_room/press_releases/2007/Joint_Press_Release_by_the_MOF_Brunei_Darussalam_and_MAS.html |archive-date=3 July 2007 |df=dmy-all }}</ref> A circulation version of the $20 note can be exchanged at banks in Singapore beginning 16 July 2007, limited to two pieces per transaction.

On 18 August 2015, to commemorate Singapore's 50 years of nation-building, the Monetary Authority of Singapore launched a set of six commemorative notes. These commemorative notes comprise five S$10 polymer notes and a S$50 note. The note design's draw inspiration from significant milestones and achievements in Singapore's history, the multiracialism that defines the nation and the values and aspirations that underpin Singapore's progress. The front of both the $50 and $10 notes feature a portrait of Yusof Ishak, Singapore's first president, as in the current Portrait series notes.<ref name=":0" /> The $50 note highlights Singapore's history, transformation and future. It shows the late Prime Minister of Singapore, Lee Kuan Yew, shouting "Merdeka!"—the rallying cry of Singapore's independence struggle. The note makes distinctive use of the colour gold, reflecting Singapore's Golden Jubilee. The five $10 notes have a common front design and varying back designs depicting the theme 'Vibrant Nation, Endearing Home'. Each note reflects a value or aspiration that defines the theme: 'Caring Community, Active Citizenry', 'Opportunities for All', 'Safe and Secure', 'Strong Families' and '...regardless of race, language or religion...'.<ref name=":0">{{cite web|url=http://www.mas.gov.sg/News-and-Publications/Media-Releases/2015/Commemorative-Notes-to-Celebrate-SG50.aspx|title=Commemorative Notes to Celebrate SG50|archive-url=https://web.archive.org/web/20150820220711/http://www.mas.gov.sg/News-and-Publications/Media-Releases/2015/Commemorative-Notes-to-Celebrate-SG50.aspx |archive-date=20 August 2015|work=Monetary Authority of Singapore (www.mas.gov.sg)|accessdate=2015-08-18}}</ref>

In 2017, to commemorate the 50th anniversary of its Currency Interchangeability Agreement between Brunei and [[Place:Singapore|Singapore]], both the Monetary Authority of Brunei Darussalam and the Monetary Authority of Singapore issued $50 polymer banknotes to commemorate that event.<ref name=":2">{{cite web|url=http://www.mas.gov.sg/Currency/Currency-Interchangeability-Agreement-between-Brunei-Darussalam-and-Singapore.aspx|title=Currency Interchangeability Agreement between Brunei Darussalam and Singapore|archive-url=https://web.archive.org/web/20170705110215/http://www.mas.gov.sg/Currency/Currency-Interchangeability-Agreement-between-Brunei-Darussalam-and-Singapore.aspx|archive-date=5 July 2017|work=Monetary Authority of Singapore (www.mas.gov.sg)|accessdate=2017-07-06|url-status=live}}</ref>

On 5 June 2019, a $20 note commemorating the Singapore Bicentennial was issued.<ref>{{cite web |title=About the Singapore Bicentennial Commemorative Note |url=https://www.mas.gov.sg/currency/singapore-bicentennial-commemorative-note |website=Monetary Authority of Singapore |access-date=23 June 2019 |archive-url=https://web.archive.org/web/20190623141624/https://www.mas.gov.sg/currency/singapore-bicentennial-commemorative-note |archive-date=23 June 2019 |url-status=live }}</ref>

{|class="wikitable" style="font-size: 90%"
!colspan="11"|'''Singapore commemorative banknotes'''<ref>{{cite web |title=Past Commemorative Notes |url=http://www.mas.gov.sg/Currency/Numismatic-Currency/Past-Commemorative-Notes.aspx |website=Monetary Authority of Singapore |access-date=11 June 2019 |archive-url=https://web.archive.org/web/20180930025110/http://www.mas.gov.sg/currency/numismatic-currency/past-commemorative-notes.aspx |archive-date=30 September 2018 |url-status=dead }}</ref>
|-
!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Colour !!rowspan="2"| Occasion !!colspan="2"| Description !!rowspan="2"| Date of issue !!rowspan="2"|Material !!rowspan="2"|Ref.
|-
! Obverse !! Reverse
|-
| $50
| 156 × 74&nbsp;mm
| Red
| 25th Anniversary of the Independence of Singapore
| Optically variable device shows President Yusof bin Ishak, Singapore Harbour in 1861, four blossoms of the [[Biology:Papilionanthe Miss Joaquim|"Vanda Miss Joaquim" orchid]], Tanjong Pagar container port and some prominent office buildings
| 1st Parliament of Singapore held on 8 December 1965 and group of multi-racial Singaporeans in jubilant celebration
| 24 July 1990
| Polymer
| <ref>{{cite web |title=Currency Notes and Coins (Consolidation) Notification – Singapore Statutes Online |url = https://sso.agc.gov.sg/SL/69-N1?DocDate=19920325 |website=Singapore Statutes Online |access-date=11 June 2019 |language=en}}</ref>
|-
| $25
| 141 × 79&nbsp;mm
| Brown
| 25th Anniversary of the Monetary Authority of Singapore
| Monetary Authority of Singapore Building set against a view of Singapore's financial district and scene of the SIMEX trading floor
| Singapore's financial sector skyline
| 10 May 1996
| Paper
| <ref>{{cite web |title=Currency Notes and Coins (Consolidation) Notification – Singapore Statutes Online |url = https://sso.agc.gov.sg/SL/69-N7?DocDate=19970615 |website=Singapore Statutes Online |access-date=11 June 2019 |language=en }}</ref>
|-
| $20
| 149 × 72&nbsp;mm
| Orange
| 40 Years of the Currency Interchangeability Agreement
| President Yusof bin Ishak and the "Dendrobium Puan Noor Aishah" orchid
| The Esplanade, skyline of Singapore's financial district and the Omar Ali Saifuddien Mosque with the Royal Barge and the water village shown
| 27 June 2007
| Polymer
| <ref>{{cite web |title=Denomination and Characteristics of the Currency Note – Singapore Statutes Online |url=https://sso.agc.gov.sg/SL/CA1967-S303-2007?DocDate=20070627 |website=Singapore Statutes Online |access-date=11 June 2019 |language=en}}</ref>
|-
| $50
| 156 × 74&nbsp;mm
| Gold
| rowspan="6"| SG50: Celebrating Singapore's 50 years of nation-building
| President Yusof bin Ishak, Prime Minister Lee Kuan Yew and a group of children of different races and gender
| First National Day Parade 1966 and the Punggol New Town
| 11 August 2015
| Polymer
| <ref name="sso_sg50">{{cite web |title=Currency (Denominations and Characteristics of Currency Notes) Notification 2015 – Singapore Statutes Online |url = https://sso.agc.gov.sg/SL/CA1967-S494-2015?DocDate=20150818 |website=Singapore Statutes Online |access-date=11 June 2019 |language=en}}</ref>
|-
| $10
| 141 × 69&nbsp;mm
| Red 
| rowspan="5"| President Yusof bin Ishak and the "Vanda Miss Joaquim" orchid
| "…regardless of race, language or religion…"
| 11 August 2015
| Polymer
| <ref name="sso_sg50" />
|-
| $10
| 141 × 69&nbsp;mm
| Red
| "Opportunities for All"
| 11 August 2015
| Polymer
| <ref name="sso_sg50" />
|-
| $10
| 141 × 69&nbsp;mm
| Red 
| "Safe and Secure"
| 11 August 2015
| Polymer
| <ref name="sso_sg50" />
|-
| $10
| 141 × 69&nbsp;mm
| Red 
| "Strong Families"
| 11 August 2015
| Polymer
| <ref name="sso_sg50"/>
|-
| $10
| 141 × 69&nbsp;mm
| Red 
| "Caring Community, Active Citizenry"
| 11 August 2015
| Polymer
| <ref name="sso_sg50"/>
|-
| $50
| 158 × 75&nbsp;mm
| Gold
| 50 Years of the Currency Interchangeability Agreement
| President Yusof bin Ishak, the "Vanda Miss Joaquim" orchid, the "Simpur" flower and the window security feature showing Brunei Darussalam's Istana Nurul Iman and Singapore's Istana
| Military personnel from the Royal Brunei Armed Forces and the Singapore Armed Forces, students from both countries, Brunei Darussalam's Ulu Temburong National Park and Singapore Botanic Gardens
| 5 July 2017
| Polymer
| <ref>{{cite web |title=Currency (Denomination and Characteristics of Currency Note) Notification 2017 – Singapore Statutes Online |url=https://sso.agc.gov.sg/SL/CA1967-S379-2017?DocDate=20170707 |website=Singapore Statutes Online |access-date=11 June 2019 |language=en}}</ref>
|-
| $20
| 162 × 77&nbsp;mm
| Beige-Peach
| Singapore Bicentennial
| President Yusof bin Ishak, National Gallery Singapore (former Supreme Court and City Hall)
| Eight pioneering individuals, namely Munshi Abdullah, Henry Nicholas Ridley, Tan Kah Kee, P. Govindasamy Pillai, Teresa Hsu Chih, Alice Pennefather, Adnan Saidi and Ruth Wong Hie King, portrayed against a backdrop of the Singapore River
| 5 June 2019
| Polymer
| <ref>{{cite web |title = Currency (Denomination and Characteristics of Currency Note) Notification 2019 – Singapore Statutes Online |url = https://sso.agc.gov.sg/SL/CA1967-S424-2019?DocDate=20190606 |website=Singapore Statutes Online |access-date=11 June 2019 |language=en}}</ref>
|-
|}

== Exchange rates ==

===Current exchange rates===
{{Exchange rate|SGD|IDR|MYR}}<!--BND not included because it is at par.-->

{{Most traded currencies}}

===Exchange rates charts===
[[File:JPY-SGD 1989-.svg|300px|thumb|left|JPY/SGD exchange rate since 2013]]
[[File:SGD-EUR 1999-.svg|300px|thumb|left|SGD/EUR exchange rate since 2013]]
{{clear}}

== See also ==
* Economy of Singapore

== Notes ==
{{NoteFoot}}

== References ==

=== Citations ===
{{Reflist}}

=== Sources ===
{{refbegin}}
{{refend}}

== External links ==
* [http://www.mas.gov.sg/Currency/Circulation-Currency/Notes.aspx Images of the four note series]

{{-}}


[[Category:Circulating currencies]]
[[Category:Fixed exchange rate]]

{{Sourceattribution|Singapore dollar}}