The Singapore Dollar is the official currency of Singapore and is abbreviated as SGD. Its symbol is a combination of the letter “S” and the “$” sign, with two vertical lines drawn through the “S”. The design of the symbol was chosen through a public competition held in 1983, and was officially adopted in 1985.
The “$” sign represents the dollar, while the letter “S” represents Singapore. The two vertical lines through the “S” are said to represent stability and strength, two qualities that are highly valued in Singapore’s economy.
The symbol is widely recognized and used throughout Singapore, and is also accepted in some neighboring countries such as Malaysia and Brunei. It is commonly seen on banknotes, coins, and other official documents.
In summary, the symbol for the Singapore Dollar is a combination of the letter “S” and the “$” sign, with two vertical lines drawn through the “S”. It represents the currency of Singapore and is a widely recognized symbol of stability and strength in the country’s economy.
