Singapore’s rich cultural history is reflected in many aspects of its modern society, one of which is its currency. The intricate design and detailed thought behind Singapore’s notes go beyond mere aesthetic appeal. They serve as a representation of the nation's journey, values, and identity. From the first series of currency notes issued in 1967 to the present-day Portrait Series, each denomination tells a unique story.
Series of Currency Circulation
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1st Series - The Orchid Series Currency Notes (1967 - 1976)
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2nd Series - The Bird Series Currency Notes (1976 - 1984)
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3rd Series - The Ship Series Currency Notes (1984 - 1999)
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4th Series - The Portrait Series Currency Notes (1999- Present)
The Portrait Series (1999-Present)
Launched in 1999, the Portrait Series marks the first time a Singaporean figure has been featured prominently on the country's currency notes. This series pays tribute to Singapore’s first president, Yusof bin Ishak, whose portrait appears on every denomination. The decision to include his portrait serves as a nod to his immense contributions to nation-building during Singapore’s early years.
The Portrait Series is unique not just for its design but also for its advanced security features. The series balances simplicity and sophistication, with the security features being both highly effective and easy to recognize.
Detailed Look at Each Denomination in the Portrait Series
$2 Note: Education
The $2 note’s reverse side highlights Singapore’s emphasis on education. It features Victoria School, the Raffles Institution, and the College of Medicine, institutions that played pivotal roles in the country's educational development. This theme underscores the importance of learning in shaping the nation's future. Yusof bin Ishak himself was an advocate for education, and his portrait fittingly graces the front of the note.
$2 Banknote
$5 Note: Garden City
Singapore’s world-renowned “Garden City” vision is depicted on the $5 note. The reverse side showcases the majestic Tembusu tree, an iconic feature of the Singapore Botanic Gardens, alongside the Vanda Miss Joaquim, Singapore’s national flower. This note reflects the country’s commitment to environmental sustainability and green spaces. Yusof bin Ishak, who once made a living growing orchids, is prominently featured on the obverse, adding personal relevance to this theme.
$5 Banknote
$10 Note: Sports
The $10 note celebrates Singapore’s vibrant sporting culture. Its reverse features images of athletes engaging in various sports such as badminton, soccer, swimming, and sailing, symbolizing the nation’s healthy and active lifestyle. This note also honors Yusof bin Ishak’s own achievements as a sportsman during his youth, making the inclusion of his portrait especially meaningful.
$10 Banknote
$50 Note: Arts
Art and culture are showcased on the $50 note, with the reverse featuring paintings by renowned Singaporean artists Cheong Soo Pieng and Chen Wen Hsi. The instruments depicted, such as the pipa and violin, represent the diverse cultural influences in Singapore. This note reflects the country’s cultural vibrancy and commitment to the arts. As always, Yusof bin Ishak’s portrait is a reminder of the nation’s founding principles.
$50 Banknote
$100 Note: Youth
The $100 note is dedicated to Singapore’s youth, with its reverse highlighting organizations such as the National Police Cadet Corps, the Singapore Scouts, and the St. John’s Ambulance Brigade. The focus is on service, leadership, and community, values that Singapore’s youth continue to uphold today. Yusof bin Ishak’s portrait reinforces the message of national service and dedication to the country.
$100 Banknote
$1,000 and $10,000 Notes: Leadership and Governance
The higher denominations of Singapore’s currency, such as the $1,000 and $10,000 notes, showcase Singapore’s leadership and governance. These notes represent the nation's commitment to economic stability and growth. The obverse features Yusof bin Ishak, whose leadership helped guide Singapore through its early years as an independent nation.
*Monetary Authority of Singapore stopped issuing $1,000 and $10,000 notes since 1 January 2021 and 1 October 2014 respectively.Existing $10,000 and $1,000 notes in circulation remain legal tender in Singapore and can continue to be used as a means of payment for goods and services.*
$20 Banknote: A Symbol of International Relations
The $20 banknote from the 2009–2020 Portrait Series not only reflects Singapore’s heritage but also celebrates its diplomatic ties with Brunei. On the reverse, it features the Sultan Omar Ali Saifuddien Mosque in Brunei and Singapore's Esplanade, symbolizing the Currency Interchangeability Agreement signed between the two nations in 1967. This agreement allows the free interchange of both countries' currencies.
To commemorate the 40th anniversary of this agreement, Singapore and Brunei launched a special set of $20 polymer notes in 2007. Three million Singapore commemorative notes were circulated, marking a milestone in Singapore-Brunei relations. This $20 note is a testament to the strong diplomatic and economic ties between the two nations.
$20 Banknote
Unique Features of Singapore’s Currency
Each Singapore note has been meticulously designed with several security features to protect against counterfeiting. These include a portrait watermark of Yusof bin Ishak, the Singapore Lion symbol, micro-printed letters, and a kinegram (a holographic image that shifts as the note is tilted). These security measures not only make the notes more secure but also add a layer of sophistication to their design.
One of the most interesting features of Singapore’s currency is the inclusion of cowrie shells in the background of the Portrait Series notes. Cowrie shells were once used as a form of currency, symbolizing trade and commerce, and their inclusion serves as a nod to Singapore’s historical roots as a trading port.
A Currency for All Citizens
Singapore’s currency is designed with inclusivity in mind. The notes are printed in various sizes to help the visually impaired distinguish between denominations, and braille patterns are embossed on each note to aid in identification. This thoughtful design ensures that Singapore’s currency is accessible to all citizens, reinforcing the country’s commitment to creating an inclusive society.
Singapore’s currency notes are more than just a means of transaction—they are a reflection of the country’s history, values, and aspirations.
From the natural beauty of the Orchid Series to the leadership depicted in the Portrait Series, every note tells a story of Singapore’s journey from a small island nation to a global financial hub. With each design element carefully selected to represent different aspects of Singaporean life, these notes serve as a tribute to the country's past and a symbol of its future.
As you prepare for your journey to Singapore, we hope you found this guide to Singapore notes both insightful and helpful.
Are you excited to use Singapore notes on your next visit? We’d love to hear how Chrysalis Tours can help you make the most of your adventure!"