Comparing INR to SGD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale INR/SGD rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for INR to SGD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Indian Rupee to Singapore Dollar - Quick Conversions
|
INR |
SGD |
| ₹ 55.17 |
S$ 1 |
| ₹ 275.85 |
S$ 5 |
| ₹ 551.70 |
S$ 10 |
| ₹ 1,103 |
S$ 20 |
| ₹ 2,759 |
S$ 50 |
| ₹ 5,517 |
S$ 100 |
| ₹ 13,793 |
S$ 250 |
| ₹ 27,585 |
S$ 500 |
| ₹ 55,170 |
S$ 1,000 |
| ₹ 110,340 |
S$ 2,000 |
| ₹ 275,850 |
S$ 5,000 |
| ₹ 551,700 |
S$ 10,000 |
| ₹ 2,758,500 |
S$ 50,000 |
| ₹ 5,517,000 |
S$ 100,000 |
| More amounts |
Calculate other INR/SGD amounts (from or to) at mid-market with our
INR to SGD Calculator .
Indian Rupee and Singapore Dollar - Market News
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)
INR gained more than 2% in 3Q, despite having an economy ravaged by 6.6 million coronavirus infections. The support for the Indian rupee comes from a rare current account surplus, and billions of dollars in inflows.
Get more details in the article Indian Rupee Forecasts.
Singapore Dollar (SGD)
Singapore’s trade-reliant economy is teetering on the brink of a recession as the coronavirus pandemic weakens global trade and consumer spending.
There’s increased chance that the Monetary Authority of Singapore (MAS) could start to push the Singapore dollar lower via direct market interventions (ie the central bank actively buying and selling the Singapore dollar).
Get more details in the article Singapore Dollar Forecasts.
Country Guides - Singapore Dollar
How to get Best INR to SGD Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Indian Rupee vs Singapore Dollar current value is to look the INR/SGD historic rate and change over a range of periods.
The following table looks at the change in the INR to SGD exchange rate over periods from the previous week back to the last 10 years.
| INR/SGD | Period |
|---|
| 0.0181 24 Nov 2020 | 1 Week |
| 0.0183 01 Nov 2020 | 30 Days |
| 0.0186 02 Sep 2020 | 90 Days |
| 0.0191 02 Dec 2019 | 1 Year |
| 0.0210 03 Dec 2015 | 5 Years |
| 0.0289 04 Dec 2010 | 10 Years |
INR/SGD 10 year historic rates
Will the Indian Rupee rise against the Singapore Dollar?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add INR/SGD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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View My Alerts
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.