Loading...

Home pages - full list (A-Z)

INR/SGD - Rate Guide

Indian Rupee to Singapore Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

INR/SGD Exchange Rates and Providers Compared

This guide to the Indian Rupee to Singapore Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and INR to SGD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the INR/SGD Calculator.

My Watchlist

INR/SGD - 90 Day Rate Alerts

1 INR = 0.019458 SGD

NO ALERTS for INR/SGD
INR/SGD over the last 90 days

View INR/SGD - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for INR/SGD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive SGD(S$)Exchange RateFee INRTotal CostDeal Links
Instarem logo
191.89 SGD0.01918900.75%
ICICI Bank International Money Transfers
ICICI Bank logo
184.52 SGD0.018638₹1004.56%
Banks - Average Rate
Indian Bank logo ICICI Bank logo
184.04 SGD0.018590154.81%
Indian Bank International Money Transfers
Indian Bank logo
183.56 SGD0.018541₹1005.06%
 

Instarem logo

Instarem: Foreign Transfer INR→SGD
From Amount:10,000 INR
Fee:0
Exchange Rate:0.019189 (0.75% from mid-rate)
To Amount:191.89 SGD
Total Cost:0.75%
Time:1:04 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
 

ICICI Bank logo

ICICI Bank: Foreign Transfer INR→SGD
From Amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018638 (3.6% from mid-rate)
To Amount:184.52 SGD
Total Cost:4.56%
Difference:
7.37 SGD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer INR→SGD
From Amount:10,000 INR
Fee:15
Exchange Rate:0.018174 (6% from mid-rate)
To Amount:184.04 SGD
Total Cost:4.81%
Difference:
7.85 SGD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Indian Bank logo

Indian Bank: Foreign Transfer INR→SGD
From Amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018541 (4.1% from mid-rate)
To Amount:183.56 SGD
Total Cost:5.06%
Difference:
8.33 SGD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

INR / SGD converter & margin calculator

₹INR
S$SGD
mid-rates

Compare how much you can save on INR/SGD exchange rates for:

Foreign Transfers

Foreign Transfers Travel Money

Indian Rupee

Singapore Dollar

1 INR 0.0195 SGD
5 INR 0.0973 SGD
10 INR 0.1946 SGD
20 INR 0.3892 SGD
50 INR 0.9729 SGD
100 INR 1.9458 SGD
250 INR 4.8645 SGD
500 INR 9.7290 SGD
1,000 INR 19.46 SGD
2,000 INR 38.92 SGD
5,000 INR 97.29 SGD
10,000 INR 194.58 SGD
50,000 INR 972.90 SGD
100,000 INR 1,945.80 SGD
See more

Indian Rupee

Singapore Dollar

51.39 INR 1 SGD
256.96 INR 5 SGD
513.92 INR 10 SGD
1,027.85 INR 20 SGD
2,569.62 INR 50 SGD
5,139.23 INR 100 SGD
12,848.08 INR 250 SGD
25,696.15 INR 500 SGD
51,392.30 INR 1,000 SGD
102,784.60 INR 2,000 SGD
256,961.50 INR 5,000 SGD
513,923.00 INR 10,000 SGD
2,569,615.00 INR 50,000 SGD
5,139,230.00 INR 100,000 SGD
See more
Country Guides (INR & SGD)
IndiaIndia (INR)SingaporeSingapore (SGD)

INR/SGD - Historical Trends

This table shows historic rates and trends of Indian Rupee to Singapore Dollar over periods upto 10 years.

PeriodINR/SGDDate
1 Day0.019415 Sep 2019
7 Day0.019209 Sep 2019
30 Day0.019517 Aug 2019
3 Month0.019718 Jun 2019
1 Year0.019116 Sep 2018
5 Year0.020817 Sep 2014
10 Year0.029418 Sep 2009

You can use our INR interactive charts to check INRSGD historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

INR and SGD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the INR vs SGD, you should pay attention to the recent market trends for both currencies.

 

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR Forecasts.

 

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

Why can't I just get the INR/SGD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the INR / SGD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all INR Exchange Rates