1 Singapore Dollar is Equal to How Many Cents?
If you're planning a trip to Singapore or dealing with Singaporean currency, it's essential to understand the conversion rates between the Singapore dollar (SGD) and its subunit, the cent. In this article, we'll explore the answer to the question: 1 Singapore dollar is equal to how many cents?
What is the Singapore Dollar?
The Singapore dollar (SGD) is the official currency of Singapore, a sovereign city-state in Southeast Asia. It is issued by the Monetary Authority of Singapore, the country's central bank. The Singapore dollar is divided into 100 subunits called cents.
How Many Cents in 1 Singapore Dollar?
One Singapore dollar is equal to 100 cents. This means that if you have 1 SGD, you can exchange it for 100 cents.
Conversion Rates: SGD to Cents
Here's a simple conversion rate to remember:
- 1 SGD = 100 cents
- 50 cents = 0.50 SGD
- 20 cents = 0.20 SGD
- 10 cents = 0.10 SGD
- 5 cents = 0.05 SGD
- 1 cent = 0.01 SGD
Conclusion
In conclusion, 1 Singapore dollar is equal to 100 cents. Understanding this conversion rate is crucial when dealing with Singaporean currency, whether you're traveling to Singapore or conducting business transactions. Remember, 100 cents make up 1 Singapore dollar!
