SGD

DEFINITION of 'SGD'

In currencies, this is the abbreviation for the Singapore Dollar.

BREAKING DOWN 'SGD'

The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.

RELATED TERMS
  1. SGD (Singapore Dollar)

    The currency abbreviation for the Singapore dollar (SGD), the ...
  2. NZD

    In the currency market, this is the abbreviation for the New ...
  3. MXN

    In the currency market, this is the abbreviation for the Mexican ...
  4. NAD

    In currencies, this is the abbreviation for the Namibia Dollar. ...
  5. PHP

    In currencies, this is the abbreviation for the Philippine Peso.
  6. SEK

    In currencies, this is the abbreviation for the Swedish Krona. ...
Related Articles
  1. ETFs & Mutual Funds

    EWS: iShares MSCI Singapore ETF

    Learn more about BlackRock Advisor's iShares Singapore MSCI exchange-traded fund, which looks to mirror the holdings and yield from Singapore markets.
  2. ETFs & Mutual Funds

    Top 2 ETFs For Investing in Singapore (EWS, EWSS)

    Discover information about the two primary exchange-traded funds, or ETFs, that offer investors exposure to the emerging market economy of Singapore.
  3. Markets

    Singapore GDP Accelerates in Q1 on Manufacturing

    Singapore’s GDP expanded 1.8% year-over-year in Q1 2016. On a quarterly basis, it grew by an annualized 0.2%.
  4. Markets

    Singapore Surprises by Easing Monetary Policy

    The Monetary Authority of Singapore (MAS) eased its exchange-rate-based monetary policy, stating that the economy had not grown as expected.
  5. Investing

    MAS Includes the Yuan in Official Foreign Reserves

    Renminbi financial investments will be included in Singapore’s Official Foreign Reserves (OFR) from June 2016 onwards.
  6. Investing

    Apple Pay Now In Singapore, a Digital Pay Haven

    Apple Pay is now available in Singapore, initially linked with the American Express card.
  7. Trading

    Forex Tutorial: Reading a Forex Quote and Understanding the Jargon

    One of the biggest sources of confusion for those new to the currency market is the standard for quoting currencies. In this section, we'll go over currency quotations and how they work in currency ...
  8. Markets

    Forex Currencies: Conclusion

    By Brian Perry Conclusion The currency markets are the largest and most actively traded financial markets in the world with daily trading volume of more than $3 trillion (Triennial Central ...
  9. Investing

    Moody’s Cuts Singapore Banking Outlook to Negative

    Moody’s Investors Services cut the outlook for Singapore’s Banking industry to negative citing high exposure to energy-related assets
  10. Trading

    Why These Currencies are the Safest in the World

    The safest currency in the world may surprise you.
RELATED FAQS
  1. Why is Singapore considered a tax haven?

    Discover why Singapore is considered a tax haven, and learn about corporate tax rates and incentives that make this city-state ... Read Answer >>
  2. How can I invest in a foreign exchange market?

    The foreign exchange market, also called the currency market or forex (FX), is the world's largest financial market, accounting ... Read Answer >>
  3. How are international exchange rates set?

    International currency exchange rates display how much one unit of a currency can be exchanged for another currency. Currency ... Read Answer >>
  4. What's the most expensive city in the world to live in?

    Find out which cities are the world's most expensive to live in, and learn how the Economist's yearly cost of living index ... Read Answer >>
  5. What is foreign exchange?

    Foreign exchange, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's ... Read Answer >>
  6. Why is the U.S. dollar shown on the top of some currency pairs and on the bottom ...

    All currencies are traded in pairs. The first currency in the pair is called the base currency while the second is called ... Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center