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SGD to INR - Exchange Rates

Singapore Dollar to Indian Rupee 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 SGD = 53.74 INR

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SGD to INR 90-Day Trend
ALERT:1-DAY0.9% 🔔|
SGD/INR at 53.72 was trading 2.4% above AVG:52.46 with LO:51.3 and HI:53.76 (90 days). ALERT: Today SGD/INR is UP 0.9%
10-APR 1AM-NY 6AM-LON 1PM-HK 3PM-SYD

Convert SGD to INR More Charts


Quick Conversions from Singapore Dollar to Indian Rupee

SGD INR
S$ 1 53.74
S$ 5 268.70
S$ 10 537.40
S$ 20 1,075
S$ 50 2,687
S$ 100 5,374
S$ 250 13,435
S$ 500 26,870
S$ 1,000 53,740
S$ 2,000 107,480
S$ 5,000 268,700
S$ 10,000 537,400
S$ 50,000 2,687,000
S$ 100,000 5,374,000
More amounts
SGD INR
S$ 0.0186 ₹ 1
S$ 0.0930 ₹ 5
S$ 0.1861 ₹ 10
S$ 0.3721 ₹ 20
S$ 0.9304 ₹ 50
S$ 1.8607 ₹ 100
S$ 4.6518 ₹ 250
S$ 9.3035 ₹ 500
S$ 18.61 ₹ 1,000
S$ 37.21 ₹ 2,000
S$ 93.04 ₹ 5,000
S$ 186.07 ₹ 10,000
S$ 930.35 ₹ 50,000
S$ 1,861 ₹ 100,000
More amounts

To calculate your own SGD/INR amounts use our Convert SGD to INR 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 SGD/INR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to INR International Money Transfers

  

Foreign Transfer Provider Receive INR(₹) Exchange RateFee SGDDeal Links
TransferWise logo
532,769
0.61%
53.55S$51
OFX logo
521,200
2.77%
52.120 for BER users (normally $15)
OCBC Bank International Money Transfers
OCBC Bank logo
516,384
3.67%
52.16S$100
DBS Bank logo
515,271
3.88%
51.6218
Banks - Average Rate
Citibank logo HSBC logo DBS Bank logo OCBC Bank logo
511,895
4.51%
51.3818
HSBC logo
510,234
4.82%
51.1S$15
Citibank International Money Transfers
Citibank logo
505,692
5.66%
50.6312
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
1%
 
TransferWise: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:53.55 (0.1% from mid-rate)
To Amount (INR)532,769
Total Cost:0.61%
Time:1:12 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:52.12 (2.77% from mid-rate)
To Amount (INR)521,200
Total Cost:2.77%
Difference:
₹11,569 INR less than using TransferWise
Time:
Rate Fetched: Thu Apr 09 2020 23:15:01 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:52.16 (2.7% from mid-rate)
To Amount (INR)516,384
Total Cost:3.67%
Difference:
₹16,385 INR less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:51.62 (3.7% from mid-rate)
To Amount (INR)515,271
Total Cost:3.88%
Difference:
₹17,498 INR less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:51.21 (4.47% from mid-rate)
To Amount (INR)511,895
Total Cost:4.51%
Difference:
₹20,874 INR less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:51.1 (4.67% from mid-rate)
To Amount (INR)510,234
Total Cost:4.82%
Difference:
₹22,535 INR less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:50.63 (5.55% from mid-rate)
To Amount (INR)505,692
Total Cost:5.66%
Difference:
₹27,077 INR less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit: Foreign Transfer SGD→INR
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

Country Guides (SGD & INR)

IndiaIndia (INR)SingaporeSingapore (SGD)

SGD and INR in the Markets

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

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.

 

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.


How to get Best SGD to INR 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 SGD to INR 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 SGD to INR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/INRDate
1 Day+0.5%53.299808 Apr 2020
7 Day+0.6%53.244602 Apr 2020
30 Day+1.4%52.841710 Mar 2020
3 Month+1.8%52.647210 Jan 2020
1 Year+4.7%51.150410 Apr 2019
5 Year+17.6%45.559211 Apr 2015
10 Year+67.8%31.932112 Apr 2010

*For period to 09-Apr 21UTC when SGD/INR was 53.5709

When is the best time to exchange SGD to INR?

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 SGD Exchange Rates