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base info Reef

Reef to Singapore Dollar Converter and calculator

Convert 1Reef (REEF) to Singapore Dollar (SGD) equals S$ 0.001653 | Bitget
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Last updated 2025/01/07 03:56:59 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Reef(REEF) to Singapore Dollar(SGD). This is the real-time data. The current conversion shows 1 REEF at a value of 1 REEF for 0.00 SGD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

SGD information

About the Singapore Dollar (SGD)

What Is the Singapore Dollar (SGD)?

The Singapore Dollar (SGD) is the official currency of Singapore, a sovereign city-state and island country in Southeast Asia. It is represented by the symbol S$ to differentiate it from other dollar-denominated currencies. The currency is divided into 100 smaller units known as cents. The Singapore Dollar is the sole legal tender in Singapore, and it is used for all transactions within the country.

The Singapore Dollar (SGD) is issued by the Monetary Authority of Singapore (MAS), which serves as the central bank and the integrated financial regulator of Singapore. The MAS is responsible for the design, production, and issuance of Singapore's currency in the form of both banknotes and coins. Additionally, it oversees various aspects of monetary policy, financial regulation, and currency management in Singapore.

What Is the History of SGD?

Singapore's currency history is as diverse as its cultural fabric. Prior to the SGD, the region saw a variety of currencies, including the Spanish dollar, the Straits dollar, and the Malayan dollar. During the Japanese occupation in World War II, the "military yen" was used. Post-independence in 1965, Singapore continued using the Malaya and British Borneo dollar until the introduction of the SGD in 1967.

Notes and Coins of SGD

The Monetary Authority of Singapore (MAS) issues SGD coins and banknotes. Coins come in denominations of 1, 5, 10, 20, 50 cents, and 1 and 5 dollars. Banknotes are available in $2, $5, $10, $20, $25, $50, $100, $1,000, and $10,000 denominations. However, high-value notes like $1,000 and $10,000 are being phased out to mitigate money laundering risks.

Is SGD Pegged to GBP?

The Singapore Dollar (SGD) is not currently pegged to the British Pound (GBP). It operates on a managed floating exchange rate system, where its value is not fixed to any single currency but is instead managed by the Monetary Authority of Singapore (MAS) against a basket of currencies of its major trading partners and competitors. This basket includes major currencies like the US Dollar, Euro, Japanese Yen, and others.

Historically, however, the SGD was pegged to the British Pound. This arrangement dates back to Singapore's time as part of the British Empire when its currency was linked to the British Pound. Following Singapore's independence in 1965, there was a transition in its currency policy. Over time, Singapore moved away from the British Pound peg and eventually adopted the managed floating exchange rate system.

What Is the Relationship Between SGD and BND ?

The Singapore Dollar (SGD) and the Brunei Dollar (BND) share a distinctive and enduring relationship, underpinned by the Currency Interchangeability Agreement established in 1967. This agreement ensures that both currencies are accepted at par value in each country, allowing them to be used interchangeably for most transactions without any need for currency exchange. While the SGD and BND are mutually accepted in both Singapore and Brunei, the prevalence of each currency varies, with the SGD being widely accepted in Brunei and the BND less commonly used but still accepted in Singapore. Despite this interchangeability, Singapore and Brunei maintain independent control over their respective monetary policies, managed by the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam.

Is SGD a Strong Currency?

The Singapore Dollar (SGD) is recognized as a strong and stable currency in the Asian region, often compared to the Swiss Franc of Switzerland. This strength is evident in its consistent appreciation against the Malaysian Ringgit (MYR) since Singapore's independence in 1965. The SGD's robustness can be attributed to Singapore's resilient financial markets, stable monetary policy managed by the Monetary Authority of Singapore (MAS), and the city-state's reputation as a stable financial hub, which attracts significant investment, especially during times of global volatility. As of now, SGD is one of the most-traded currencies, underscoring Singapore's importance in international finance and trade.

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Bitget crypto-to-fiat exchange data shows that the most popular Reef currency pair is the REEF to SGD, with for Reef's currency code being REEF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SGD.

REEF to SGD conversion rate trend

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Live Reef (REEF) price chart
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In the past 1D, Reef has changed +3.21% to SGD. Based on the trend and price charts, Reef(REEF) has changed +3.21% to SGD while Singapore Dollar(SGD) has changed -3.11% to REEF in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
S$0.001513
0.0200% / 0.0320%vip-iconVIP 7
Binance
S$0.0009384
0.1000% / 0.1000%
Yes
Huobi
S$0.001665
0.1000% / 0.1000%
Yes
Gate.io
S$0.001660
0.1000% / 0.1000%
Yes
KuCoin
S$0.001670
0.1000% / 0.1000%
Yes
Last updated 2025/01/07 00:00:22(UTC+0)

How to buy Reef

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Reef (REEF)
Use a variety of payment options to buy Reef on Bitget. We'll show you how.

Buy REEF (or USDT) for SGD (Singapore Dollar) offers

Bitget P2P trading does not currently support direct buying of REEF with SGD. However, you can buy USDT in Bitget P2P trading first, and then buy REEF with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell REEF (or USDT) for SGD (Singapore Dollar) offers

Bitget P2P trading currently does not support direct selling of REEF to SGD. However, you can first exchange REEF for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Reef to Singapore Dollar?

Reef to Singapore Dollar is rising this week.
Reef's current market price is S$ 0.001653 per REEF, with a total market cap of S$ 37,729,343.33 SGD based on a circulating supply of 22,821,409,000 REEF. The trading volume of Reef has changed by +43.42% (S$ 1,142,326.63 SGD) in the last 24 hours. Last trading day, REEF's trading volume was S$ 2,630,725.15.
Market cap
$27.66M
24h volume
$2.77M
Circulating supply
22.82B REEF

Conversion tables

The exchange rate of Reef is decreasing.
1 REEF is currently valued at S$ 0.001653 SGD , which means buying 5 REEF will cost S$ 0.008266 SGD . Similarly, S$1 SGD can be traded for 604.87 REEF, and S$50 SGD can be converted to 30,243.58 REEF, excluding any platform or gas fees.
The exchange rate of 1 REEF to Singapore Dollar has changed by +19.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.21%, reaching a high of 0.001677 SGD and a low of 0.001581 SGD . One month ago, the value of 1 REEF was S$ 0.002665 SGD , which represents a -37.99% change from its current value. Over the last year, Reef has changed by
-S$
0.0002509SGD
, resulting in a change of -13.18% in its value.

REEF to SGD

Amount
03:56 am today
0.5 REEF
S$0.0008266
1 REEF
S$0.001653
5 REEF
S$0.008266
10 REEF
S$0.01653
50 REEF
S$0.08266
100 REEF
S$0.1653
500 REEF
S$0.8266
1000 REEF
S$1.65

SGD to REEF

Amount03:56 am today
0.5SGD302.44  REEF
1SGD604.87  REEF
5SGD3,024.36  REEF
10SGD6,048.72  REEF
50SGD30,243.58  REEF
100SGD60,487.17  REEF
500SGD302,435.83  REEF
1000SGD604,871.65  REEF

Today vs. 24 hours ago

Amount03:56 am today24 hours ago24h change
0.5 REEF$0.0006060$0.0005872
+3.21%
1 REEF$0.001212$0.001174
+3.21%
5 REEF$0.006060$0.005872
+3.21%
10 REEF$0.01212$0.01174
+3.21%
50 REEF$0.06060$0.05872
+3.21%
100 REEF$0.1212$0.1174
+3.21%
500 REEF$0.6060$0.5872
+3.21%
1000 REEF$1.21$1.17
+3.21%

Today vs. 1 month ago

Amount03:56 am today1 month ago1M change
0.5 REEF$0.0006060$0.0009770
-37.99%
1 REEF$0.001212$0.001954
-37.99%
5 REEF$0.006060$0.009770
-37.99%
10 REEF$0.01212$0.01954
-37.99%
50 REEF$0.06060$0.09770
-37.99%
100 REEF$0.1212$0.1954
-37.99%
500 REEF$0.6060$0.9770
-37.99%
1000 REEF$1.21$1.95
-37.99%

Today vs. 1 year ago

Amount03:56 am today1 year ago1Y change
0.5 REEF$0.0006060$0.0006980
-13.18%
1 REEF$0.001212$0.001396
-13.18%
5 REEF$0.006060$0.006980
-13.18%
10 REEF$0.01212$0.01396
-13.18%
50 REEF$0.06060$0.06980
-13.18%
100 REEF$0.1212$0.1396
-13.18%
500 REEF$0.6060$0.6980
-13.18%
1000 REEF$1.21$1.4
-13.18%

Reef price prediction

What will the price of REEF be in 2026?

Based on REEF's historical price performance prediction model, the price of REEF is projected to reach $0.001014 in 2026.

What will the price of REEF be in 2031?

In 2031, the REEF price is expected to change by -2.00%. By the end of 2031, the REEF price is projected to reach $0.001517, with a cumulative ROI of +25.01%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.