Annual Average Rates of Exchange [2011]
The following are the annual average rates of exchange of some foreign currencies for the year 2011. These rates were computed based on monthly average rates supplied by the Monetary Authority of Singapore. The rates are to be used for purposes of tax assessment where the actual rates of conversion are not furnished.
The average rate of exchange for any particular year is the sum total of the end-of-month rate for the year divided by 12.
Find out more about Average rates of exchange for 2010.
| Foreign Currencies |
S$ Per Currency Unit |
| Australian Dollar |
|
| Canadian Dollar |
1.2700 |
| Chinese Renminbi |
0.1947 |
| Danish Kroner |
0.2355 |
| Euro |
1.7538 |
| Filipino Peso |
0.0290 |
| Hong Kong Dollar |
0.1613 |
| Indian Rupee |
0.0268 |
| Indonesian Rupiah |
0.0001 |
| Japanese Yen |
0.0158 |
| Korean Won |
0.0011 |
| Kuwaiti Dinar |
4.5513 |
| Lebanese Pound |
0.0008 |
| Malaysian Ringgit |
0.4107 |
| New Taiwan Dollar |
0.0427 |
| New Zealand Dollar |
1.0002 |
| Norwegian Kroner |
0.2253 |
| Pound Sterling |
2.0139 |
| Saudi Arabian Riyal |
0.3348 |
| Special Drawing Rights |
1.9854 |
| Swedish Kroner |
0.1945 |
| Swiss Franc |
1.4244 |
| Thai Baht |
0.0410 |
| US Dollar |
1.2556 |