Talk:Singapore dollar/Archives/2012
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Coins
Is it correct that all the coins show the flower Vanda Miss Joaquim orchid? For me it looks like there are different flowers/plants on the different coins. -Toshi 6 July 2005 09:14 (UTC)
Pegged with
Isnt the Singapore Dollar pegged with a basket of currencies and not the brunei dollar? The brunei dollar might be pegged to the Singapore Dollar, but not otherwise. If there are no objections, I will go and change this —The preceding unsigned comment was added by 155.69.5.234 (talk) 09:31, 9 December 2006 (UTC).
Singapore Dollar is NOT Pegged to any currency other than the earsfbgdtdghtjuy Dollar because we have a full fledged army camp there (TEMBURUNG) so that it's easy for our boys to just use our money. Singapore never amended the official term to DOLLAR, but it's taken for granted, since the currency is still RINGGIT as it's the term in Malay Language (Official Language).
By law, Singapore dollar is actually tagged to gold. Banks must have 1 gram of gold for every $10 issued out PHYSICALLY. Dr R Azrin (talk) 17:09, 24 November 2008 (UTC) ( http://www.azrin.info )
- You're confusing two things here: that means the dollar is backed by gold, but it's not pegged to the value of gold. Jpatokal (talk) 02:38, 25 November 2008 (UTC)
- I'm just stating the facts, it's something to do with the bank licensing which says that they must have $2Billion in Currency and recently MAYBANK is required to cough up in GOLD Equivalent instead of just Dollars or Ringgits. That works to nearly 200,000,000 Grams of gold or about 2Tons which at today's market , the sum of S$ 14 Billion worth. This are part of undisclosed details.
S$1 note pictures
I suggest that the pictures of the S$1 note in this article should have the word 'SPECIMEN' on them. —Preceding unsigned comment added by Exozito (talk • contribs) 12:54, 14 April 2007
I don't think so, the currency pictures of money from other countries don't have 'SPECIMEN' on them, it just distracts the viewer and makes it hard for the viewer to view the picture. (24.87.52.134 05:37, 1 July 2007 (UTC))
The Singapore RC rules only apply if you use it in PRINT,not covering digital uses. In other words, if you place an ad in the papers,leaflets in color, yes you need a board permit to use it in print, otherwise, it's not required. Dr R Azrin (talk) 23:32, 11 December 2008 (UTC) [[1]]
Is 5 cent coins rarely used?
Are you sure that 5 cent coin is rarely used in circulation? I often seen them in bulk on donation boxes. —Preceding unsigned comment added by 121.6.211.128 (talk • contribs) 10:00, 14 May 2007
- It's handed out as change in supermarkets, but practically everything elsewhere is priced in increments of ten cents. Jpatokal 11:57, 1 July 2007 (UTC)
- Until appriopriate sources are provided, this comment has been removed.--Huaiwei 13:39, 1 July 2007 (UTC)
- 5c coins are still LEGAL TENDER and you can use coins of 1,5,10,20 cents up to a value of $2, $10 for 50c and no limit for above 50c(DOLLAR COINS), ref to the currency act; which means you can pay for your bus or MRT fair using 1cent or 5cents coins.
Under the Currency Act (Chapter 69), coins issued by MAS shall be legal tender up to their face value in Singapore as follows: a)in the case of coins of a denomination exceeding 50 cents - for payment of any amount; b)in the case of coins of a denomination of 50 cents - for the payment of an amount not exceeding $10; and c)in the case of coin of a denomination lower than 50 cents - for the payment of an amount not exceeding $2.
Dr R Azrin (talk) 17:51, 24 November 2008 (UTC) Correction to the statements made.
1 cent coin
Is the 1 cent coin still being decurculated and withdrawn? Or is it still being minted and used by the population of Singapore? (24.87.52.134 05:37, 1 July 2007 (UTC))
- It's been decirculated several years ago. Jpatokal 11:57, 1 July 2007 (UTC)
- No new i cent coins are minted since 2003. They are still in circulation thou, and are expected to die a natural death.--Huaiwei 13:40, 1 July 2007 (UTC)
- Let's use exact terms as found in MAS's FAQ: the coins have been discontinued (= new ones are not minted), but not demonetized (= they're still legal tender). Jpatokal 17:06, 1 July 2007 (UTC)
- Thank you. Saying they are "decirculated" may not be giving readers the correct perception. They will remain legal tender, just like the $5 coins.--Huaiwei 14:26, 4 July 2007 (UTC)
Is 5 Cent no longer minted?
I thought only 1 cent coin is no longer minted. Why 5 cents coins are considered no longer minted. 5 Cent is still continue to circulate and minted. —Preceding unsigned comment added by 121.7.65.104 (talk) 10:40, 30 November 2007 (UTC)
Fair use rationale for Image:Singaporetwentydollars.JPG
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Image:Singaporetwentydollars.JPG is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
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BetacommandBot 04:44, 29 September 2007 (UTC)
If you dispute the image uses, Monetary Authority of Singapore allow the use of it's images for free use from it's website. There are other older versions which I will upload later on, specificially bird,ship and orchid series. If you wish to use it on your own site, please place proper credits due. Dr R Azrin (talk) 23:35, 11 December 2008 (UTC) [[2]]
File:20SingaporeDollar.jpg Nominated for speedy Deletion
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Use in Brunei
Is it really correct to say that the Singapore dollar is also used in Brunei? Brunei uses the Brunei dollar. Whilst the two dollars may be pegged together, and of equal value, would Singapore cash be accepted in Brunei and vice versa? Bazonka (talk) 19:42, 17 September 2012 (UTC)
- Yes and yes. [3] And speaking from personal experience, I did (very) occasionally run into Brunei notes in Singapore, maybe once every few years or so. Jpatokal (talk) 23:34, 17 September 2012 (UTC)
- OK, thanks. Bazonka (talk) 17:21, 18 September 2012 (UTC)
- ^ Ref to Currency Act