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INR to SGD - Exchange Rates

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.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 INR = 0.018611 SGD

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INR to SGD 90-Day Trend
ALERTS:1-DAY0.9% 🔔| 90-DAY LOWS 🔔 |
INR/SGD at 0.018608 was trading 2.4% below AVG:0.019067 with LO:0.018603 and HI:0.019495 (90 days). ALERTS: Today INR/SGD was DOWN 0.9% and also dropped to 90-DAY LOWS.
10-APR 2AM-NY 7AM-LON 2PM-HK 4PM-SYD

Convert INR to SGD More Charts


Quick Conversions from Indian Rupee to Singapore Dollar

INR SGD
₹ 1 S$ 0.0186
₹ 5 S$ 0.0931
₹ 10 S$ 0.1861
₹ 20 S$ 0.3722
₹ 50 S$ 0.9306
₹ 100 S$ 1.8611
₹ 250 S$ 4.6528
₹ 500 S$ 9.3055
₹ 1,000 S$ 18.61
₹ 2,000 S$ 37.22
₹ 5,000 S$ 93.06
₹ 10,000 S$ 186.11
₹ 50,000 S$ 930.55
₹ 100,000 S$ 1,861
More amounts
INR SGD
53.73 S$ 1
268.65 S$ 5
537.30 S$ 10
1,075 S$ 20
2,687 S$ 50
5,373 S$ 100
13,433 S$ 250
26,865 S$ 500
53,730 S$ 1,000
107,460 S$ 2,000
268,650 S$ 5,000
537,300 S$ 10,000
2,686,500 S$ 50,000
5,373,000 S$ 100,000
More amounts

To calculate your own INR/SGD amounts use our Convert INR to SGD quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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.

 
  

INR to SGD International Money Transfers

  

Foreign Transfer Provider Receive SGD(S$) Exchange RateFee INRDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
S$178.06
4.57%
0.017986₹100
Banks - Average Rate
Indian Bank logo ICICI Bank logo
S$177.6
4.81%
0.01793915
Indian Bank International Money Transfers
Indian Bank logo
S$177.14
5.06%
0.017893₹100
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→SGD
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.017986 (3.6% from mid-rate)
To Amount (SGD) S$178.06
Total Cost:4.57%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→SGD
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.017539 (6% from mid-rate)
To Amount (SGD) S$177.6
Total Cost:4.81%
Difference:
S$0.46 SGD less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→SGD
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.017893 (4.1% from mid-rate)
To Amount (SGD) S$177.14
Total Cost:5.06%
Difference:
S$0.92 SGD less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

Country Guides (INR & SGD)

IndiaIndia (INR)SingaporeSingapore (SGD)

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)

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

In 2019 the rupee did remarkably well despite a 35 percent rise in the oil price last year (oil is India's largest import).

In early May 2019, 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 2018.

Read more in the article INR Forecasts.

 

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

Overall, it was 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.

Read more in the article SGD Forecasts.


How to get Best INR to SGD Exchange Rates

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).

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.

What is a good INR to SGD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the INR to SGD exchange rate to the present day for periods going back upto 10 years.

PeriodINR/SGDDate
1 Day0.018930 Mar 2020
7 Day0.019024 Mar 2020
30 Day0.019301 Mar 2020
3 Month0.018901 Jan 2020
1 Year0.019601 Apr 2019
5 Year0.021902 Apr 2015
10 Year0.031203 Apr 2010

When is the best time to exchange INR to SGD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all INR Exchange Rates