RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.2152 SGD (Singapore Dollar). It is the official currency of Singapore. The currency SCR (Singapore Dollar) is also denoted by the symbol S$. 1 SGD (Singapore Dollar) is sub-divided into100 Cents. The issue of the currency is controlled by the central bank, the Monetary Authority of Singapore. The SGD (Singapore Dollar) is pegged to none. Brunei Dollar (BND) is pegged to Singapore Dollar at par. All issued Singapore Dollars in circulation are fully backed by Singapore’s foreign reserves to maintain public confidence.