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SGD to INR - Compare Rates

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

 
 

SGD INR live spot rate

1 SGD = 54.37 INR

Sell SGD / Buy INR 


Singapore Dollar to Indian Rupee - Trend & Alerts

SGDINR at 54.37 is a little above its 90-DAY average, range 53.49-54.86.
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1-DAY0.5% (2d)30-DAY-HIGH (2d)
 
 

Comparing SGD INR 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' 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.

 
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Singapore Dollar to Indian Rupee - Quick Conversions

SGD INR
S$ 1 54.37
S$ 5 271.85
S$ 10 543.70
S$ 20 1,087
S$ 50 2,719
S$ 100 5,437
S$ 250 13,593
S$ 500 27,185
S$ 1,000 54,370
S$ 2,000 108,740
S$ 5,000 271,850
S$ 10,000 543,700
S$ 50,000 2,718,500
S$ 100,000 5,437,000
More amounts
SGD INR
S$ 0.0184 ₹ 1
S$ 0.0920 ₹ 5
S$ 0.1839 ₹ 10
S$ 0.3679 ₹ 20
S$ 0.9197 ₹ 50
S$ 1.8394 ₹ 100
S$ 4.5985 ₹ 250
S$ 9.1970 ₹ 500
S$ 18.39 ₹ 1,000
S$ 36.79 ₹ 2,000
S$ 91.97 ₹ 5,000
S$ 183.94 ₹ 10,000
S$ 919.70 ₹ 50,000
S$ 1,839 ₹ 100,000
More amounts

To calculate other SGD/INR FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate SGD to INR .

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)

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.

Migrant workers from Asia’s developing countries, such as India, have been sending home record amounts of money in recent months, defying pandemic expectations and propping up home economies at a critical time.

However, it appears workers are just sending money home in advance of their own return due to a bleak job market, particularly in the Middle East.

The Indian rupee exhibits strong seasonal patterns: the rupee typically falls in value every second-quarter (April-to-June) due to India’s heightened gold demand heading into Akshaya Tritiya – the annual spring time festival of the Hindus and Jains.

Accordingly many currency forecasts point out that rupee strength is to be expected in the second half of a typical year.

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.

 

Will SGD rise or fall against INR?

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
16 Oct 2020 : 54.06690.6% ▲1 Week
23 Sep 2020 : 53.74161.2% ▲30 Days
25 Jul 2020 : 54.04060.6% ▲90 Days
24 Oct 2019 : 52.07114.4% ▲1 Year
25 Oct 2015 : 46.458917% ▲5 Years
26 Oct 2010 : 34.329558.4% ▲10 Years

SGD/INR 10 year historic rates & change to 23-Oct-2020 : 54.3658

 

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