Convert Singapore Dollar to Dominican Peso
Please provide values below to convert Singapore Dollar [SGD] to Dominican Peso [DOP], or Convert Dominican Peso to Singapore Dollar.
How to Convert Singapore Dollar to Dominican Peso
1 SGD = 0.0212042882470879 DOP
Example: convert 15 SGD to DOP:
15 SGD = 15 × 0.0212042882470879 DOP = 0.318064323706318 DOP
Singapore Dollar to Dominican Peso Conversion Table
| Singapore Dollar | Dominican Peso |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.