So, if you’re asking whether you can pay for your coffee with the commemorative silver coin with a face value of $5, the answer is yes.
Otherwise, they would have to accept payment in all currency notes and coins up to the legal tender limit set out in the CA. Of course, vendors can choose not to accept certain payments, but they must do so via a written notice to customer before a transaction. This means they are legally recognised as valid payment and the vendor is obligated to accept the currency.
Spore coin series#
Under the Currency Act (CA), commemorative coins such as the newly released Hawker Culture in Singapore series are deemed as legal tender in Singapore. #1 Face Value Does Not Add Up To Purchase Value Likewise, the commemorative silver coin may be purchase at SGD 138, and it has a face value of $5.īefore you try to use these coins to pay for your purchases, here’s what you need to know about notes and coins that are legal tender in Singapore. The coins feature local hawker dishes such as Hokkien Mee, Nasi Lemak, Roti Prata and Kaya Toast, and they were designed to encapsulate the four hawkers from diverse cultural background.Īnd while you may purchase the commemorative nickel-plated zinc coin for SGD 25, it has a face value of $2.
Commemorative coins on Hawker Culture in Singapore were recently launched by the Monetary Authority of Singapore (MAS) and sold by The Singapore Mint.