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SGD to INR - Compare Exchange Rates

Singapore Dollar to Indian Rupee - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare SGD/INR Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from SGD to INR. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive INR(₹)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
523,700 INR52.3700.4%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
523,118 INR52.58$510.51%Bank Transfers - Online1-2 days
 
OFX logo
512,800 INR51.2802.47%Bank Transfers - Online & Phone1-2 days
DBS Bank logo
507,086 INR50.8183.56%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
506,484 INR51.16$1003.67%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
503,305 INR50.52184.28%Online, Branch, Bank Transfers2-3 days
HSBC logo
502,046 INR50.28$154.52%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
497,602 INR49.82125.36%Online, Branch, Bank Transfers2-3 days
 
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
WorldFirst: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:
Exchange Rate:52.37 (0.4% from mid-rate)
INR amount:523,700 INR
Total Cost:0.4%
Time:1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
TransferWise: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:$51 SGD (0.5% + $1)
Exchange Rate:52.58 undefined
INR amount:523,118 INR
Total Cost:0.51%
Difference:
582 INR less than using WorldFirst
Time:1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:51.28 (2.47% from mid-rate)
INR amount:512,800 INR
Total Cost:2.47%
Difference:
10,900 INR less than using WorldFirst
Time:
Rate Fetched: Sat Feb 23 2019 00:14:47 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
DBS Bank: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:50.8 (3.39% from mid-rate)
INR amount:507,086 INR
Total Cost:3.56%
Difference:
16,614 INR less than using WorldFirst
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
OCBC Bank: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:51.16 (2.7% from mid-rate)
INR amount:506,484 INR
Total Cost:3.67%
Difference:
17,216 INR less than using WorldFirst
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo

Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:50.39 (4.17% from mid-rate)
INR amount:503,305 INR
Total Cost:4.28%
Difference:
20,395 INR less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
HSBC: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:50.28 (4.37% from mid-rate)
INR amount:502,046 INR
Total Cost:4.52%
Difference:
21,654 INR less than using WorldFirst
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Citibank: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:49.82 (5.25% from mid-rate)
INR amount:497,602 INR
Total Cost:5.36%
Difference:
26,098 INR less than using WorldFirst
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
WorldRemit: Foreign Transfer SGD→INR
SGD amount:$10,000 SGD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

SGD to INR mid-rate = 52.576

Right now the SGD/INR market mid-rate is 52.576 and represents ideally how many Indian Rupee you can get for one Singapore Dollar.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

This SGD/INR Converter calculates equivalent Singapore Dollar to Indian Rupee amounts at the market mid-rate:

SGD / INR mid-rate converter


$SGD


₹INR
1 Singapore Dollar equals
52.576 Indian Rupee

Compare how much you can save on
SGD/INR exchange rates for:

Foreign Transfers

 
 
1 Week SGD to INR Chart
Loading SGD/INR rates

Singapore Dollar

Indian Rupee

1 SGD 52.58 INR
5 SGD 262.88 INR
10 SGD 525.76 INR
20 SGD 1,051.52 INR
50 SGD 2,628.80 INR
100 SGD 5,257.60 INR
250 SGD 13,144.00 INR
500 SGD 26,288.00 INR
1,000 SGD 52,576.00 INR
2,000 SGD 105,152.00 INR
5,000 SGD 262,880.00 INR
10,000 SGD 525,760.00 INR
50,000 SGD 2,628,800.00 INR
100,000 SGD 5,257,600.00 INR
See more

Singapore Dollar

Indian Rupee

0.0190 SGD 1 INR
0.0951 SGD 5 INR
0.1902 SGD 10 INR
0.3804 SGD 20 INR
0.9510 SGD 50 INR
1.9020 SGD 100 INR
4.7550 SGD 250 INR
9.5100 SGD 500 INR
19.02 SGD 1,000 INR
38.04 SGD 2,000 INR
95.10 SGD 5,000 INR
190.20 SGD 10,000 INR
951.00 SGD 50,000 INR
1,902.00 SGD 100,000 INR
See more

INR Country Guides
IndiaIndia

Singapore Dollar to Indian Rupee (SGD-INR) - 10 Year History

The below table shows the historic variation in the SGD/INR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of SGD versus other currencies : SGD historical charts.

DateExchange RatePeriodChange
22 Feb 201952.6159Latest
15 Feb 201952.57591 Week+0.08%
23 Jan 201952.39101 Month+0.43%
26 Aug 201851.13986 Months+2.89%
22 Feb 201849.23411 Year+6.87%
22 Feb 201747.31552 Years+11.2%
23 Feb 201448.91915 Years+7.56%
24 Feb 200932.630610 Years+61.25%

Why can't I just get the SGD/INR market rate I see on Google or in the Media?

The SGD/INR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the SGD / INR was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however 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.

The closer your final exchange rate is to the market SGD/INR midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good SGD to INR exchange rate

  1. Know the latest SGD/INR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Singapore Dollar and Indian Rupee

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs INR, you should pay attention to both Singapore Dollar and Indian Rupee news and forecasts.

Singapore Dollar (SGD) - Market news and forecasts

22-February-2019: 2018 was a steady year for the Singapore dollar: on balance it gained value, but it did lose out slightly against the world’s reserve currency, the US dollar.

2019 has begun reasonably well. Entering the final week of February, SGD was a percent higher year-to-date versus USD, but at US$0.74 was in line with its 2018 average rate. SGD was 2 percent higher year-to-date against EUR at a 9-month closing high of €0.653 — 4 percent higher than 2018’s average.

Against AUD, in February, SGD was unchanged year-to-date but was 4.5 percent higher than last year's average, at A$1.038. During a flash crash on January 3rd, SGD/AUD briefly traded at a 10-year high of A$1.088.

With Singapore being a small, trade-dependent country, prime risks to SGD for 2019 include the re-emergence of trade tensions between China and the US, and/or a serious global economic slowdown.

Traders, though, were happy to bet against the above risks and on SGD appreciation at the time of this report: a Reuters survey in February showed “long” SGD positions among bank traders rising to the highest level in 10 months.

Indian Rupee (INR) - Market news and forecasts

6-January-2019: Like other emerging market currencies, the Indian rupee was under significant pressure in 2018, during which it made an all-time low of ₹74.5 to the dollar and fell to a 4-1/2-year low versus the euro, at ₹86.15.

Following a solid fourth quarter, the rupee had risen by early January 2019 to a 4-month high versus the dollar of ₹69.36 — appreciation worth 7 percent from October’s low — and had recovered similarly versus the euro, to ₹79.29.

Among major problems for the rupee last year was the high price of oil, which raised India’s import bill substantially, but as luck would have it, the oil market experienced a complete reversal in Q4. A $30 per barrel (40 percent) plunge in the oil price was a blessing.

Political uncertainty (never good for a currency’s valuation) is likely to emerge in 2019; expectations are for a tough electoral battle for current Indian prime minister Narendra Modi.

Fitch predicted in January a 2019 year-end exchange rate of ₹75 to the dollar on the basis of further current account deterioration and tighter financing conditions.

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets