Convert Australian Dollar to Singapore Dollar

100 Australian Dollar (AUD) = 107.5 Singapore Dollar (SGD)

Saturday, February 25, 2017 9:05 AM

100 AUD =
107.5 SGD

AUDSGD graph

Currencies rates online for Australian Dollar (AUD) to Singapore Dollar (SGD).

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In order to convert currencies, please go to Singapore Dollar (SGD) to Australian Dollar (AUD).

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AUD – Australian dollar

The Australian dollar (symbol: $; currency code: AUD) is the official currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands, and Norfolk Island, and several independent Pacific Island states. To distinguish between it and other dollar-denominated currencies, the Australian dollar sometimes appears as A$. One (1) Australian dollar is equal to one hundred (100) cents.

The Australian dollar is often referred to by traders as the “Aussie dollar”. It is the fifth most traded currency in the forex market, behind the U.S. dollar, the euro, the Japanese yen and the British pound. Its popularity in foreign exchange is largely due to the relative stability of the country’s economy and the relatively high interest rates in Australia.

Background
The Australian dollar was preceded by the Australian pound, which was introduced in 1910 and differed in value from the pound sterling. The dollar was introduced on February 14, 1966.


SGD – Singapore dollar

The Singapore dollar (symbol: $; currency code: SGD) is the official currency of Singapore. It is sometimes abbreviated as S$, so as to distinguish between it and other dollar-denominated currencies. One (1) Singapore dollar is equal to one hundred (100) cents.

Background
As a British colony, Singapore used the Straits dollar from 1845 until 1939, when it was replaced by the Malayan dollar. The latter was replaced by the Malaya and British Borneo dollar in 1953. After becoming an independent nation in 1965, Singapore introduced the Singapore dollar, with the first banknotes issued in 1967.