The Singapore Dollar (SGD), introduced in 1967, is a testament to the nation’s rapid economic transformation. Interestingly, Singapore’s currency features the “Portrait Series,” which showcases icons of Singaporean culture and progress, like the first President, Yusof bin Ishak, on the notes, reflecting the nation’s spirit. What makes SGD particularly fascinating is its pegged history; in its early years, it was pegged to the British Pound and later to the US Dollar, before Singapore adopted a managed float regime in 1973 to harness financial stability and flexibility.

Another intriguing fact about the SGD is its status in the global economy. Despite Singapore’s small geographical size, the SGD is one of the world’s most traded currencies, thanks to Singapore’s strategic importance in global finance and trade. This prominence reflects the city-state’s influential role in international commerce, making the SGD a symbol of Singapore’s economic stability and innovation.