Switch

SGD to INR - Exchange Rate Review

Singapore Dollar to Indian Rupee exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

Latest SGD/INR exchange rate (wholesale):

1 SGD = 54.48 INR

Sell SGD / Buy INR 

 
SGD to INR chart and trends
30-DAY-HIGH (3d)
SGD to INR at 54.51 was trading 1% above AVG:53.96 with LO:52.99 and HI:54.8 (90 days). There are no current rate alerts.
 

Singapore Dollar to Indian Rupee - Quick Conversions

SGD INR
S$ 1 54.48
S$ 5 272.40
S$ 10 544.80
S$ 20 1,090
S$ 50 2,724
S$ 100 5,448
S$ 250 13,620
S$ 500 27,240
S$ 1,000 54,480
S$ 2,000 108,960
S$ 5,000 272,400
S$ 10,000 544,800
S$ 50,000 2,724,000
S$ 100,000 5,448,000
More amounts
SGD INR
S$ 0.0184 ₹ 1
S$ 0.0918 ₹ 5
S$ 0.1835 ₹ 10
S$ 0.3671 ₹ 20
S$ 0.9177 ₹ 50
S$ 1.8354 ₹ 100
S$ 4.5885 ₹ 250
S$ 9.1770 ₹ 500
S$ 18.35 ₹ 1,000
S$ 36.71 ₹ 2,000
S$ 91.77 ₹ 5,000
S$ 183.54 ₹ 10,000
S$ 917.70 ₹ 50,000
S$ 1,835 ₹ 100,000
More amounts

To calculate other SGD/INR amounts try our home-page Convert SGD to INR quick converter.

Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
Loading
 
Loading
 

Country Guides - Indian Rupee

 
IndiaIndia (INR)
   

Singapore Dollar - Indian Rupee Forecasting

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)

Indian rupee is up around 5% against the US dollar for 2020 (in August) and is gaining favour from bank commentators such as HSBC due to the attraction of the carry trade - the ability to earn higher interest when holding INR versus other major currencies.

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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore Dollar vs Indian Rupee current value is to look the SGD/INR historic rate and change over a range of periods.

The following table looks at the change in the SGD to INR exchange rate over periods from the previous week back to the last 10 years.

SGD/INR rateChangePeriod
03 Aug 2020 : 54.60690.1% ▼1 Week
11 Jul 2020 : 54.05470.9% ▲30 Days
12 May 2020 : 53.10802.7% ▲90 Days
11 Aug 2019 : 51.19666.5% ▲1 Year
12 Aug 2015 : 46.304617.8% ▲5 Years
13 Aug 2010 : 34.273859.1% ▲10 Years
SGD/INR 10 year historic rates & changes to 10-Aug-2020 : 54.5301
 

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