Friday, January 20, 2017 1:34 AM
Currencies rates online for Euro (EUR) to Singapore Dollar (SGD).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to Singapore Dollar (SGD) to Euro (EUR).
The currency converter uses the latest Forex exchange rates.
The euro (symbol: €; currency code: EUR) is the official currency of the Eurozone, which comprises 19 member states of the European Union (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain). Since its introduction, the euro has been adopted by several sovereign states that are not part of the European Union and include the Principality of Andorra, the Principality of Monaco, the Republic of San Marino, and the Vatican City, as well as by a number territories, departments and sovereign states of Eurozone countries including the Azores, the Canary Islands, and the Madeira Islands, among others. One (1) euro is equal to one hundred (100) euro cents.
The euro is the second largest reserve currency in the world after the United States dollar. It is also the second most traded currency worldwide, while it is estimated that it has surpassed the U.S. dollar in terms of the combined value of banknotes and coins in circulation. It is estimated that the euro is used by approximately 337 million Europeans on a daily basis.
The euro replaced the European Currency Unit (ECU) as an accounting currency on January 1, 1999, at a ratio of 1:1. The circulation of euro coins and banknotes began on January 1, 2002.
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.
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.