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SGD/INR - Rate Guide

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. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

SGD/INR Exchange Rates and Providers Compared

This guide to the Singapore Dollar to Indian Rupee exchange rate with 90-day chart & alerts, historic rates, forecasts and SGD to INR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the SGD/INR Calculator.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that it is more difficult (but not impossible) to purchase the currency before departure and may 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

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SGD/INR - 90 Day Rate Alerts

1 SGD = 51.7763 INR

NO ALERTS for SGD/INR
SGD/INR over the last 90 days

View SGD/INR - Interactive Chart

Exchange rates can 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.

 
Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
513,667 INR51.63S$510.6%
OFX logo
501,900 INR50.190 for BER users (normally $15)2.88%
OCBC Bank International Money Transfers
OCBC Bank logo
497,772 INR50.28S$1003.68%
DBS Bank logo
496,305 INR49.72183.96%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
493,114 INR49.49184.58%
HSBC logo
491,362 INR49.21S$154.92%
Citibank International Money Transfers
Citibank logo
487,015 INR48.76125.76%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 

TransferWise logo

TransferWise: Foreign Transfer SGD→INR
From Amount:10,000 SGD
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:51.63 (0.09% from mid-rate)
To Amount:513,667 INR
Total Cost:0.6%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer SGD→INR
From Amount:10,000 SGD
Fee:0 for BER users (normally $15)
Exchange Rate:50.19 (2.88% from mid-rate)
To Amount:501,900 INR
Total Cost:2.88%
Difference:
11,767 INR less than using TransferWise
Time:
Rate Fetched: Thu Sep 19 2019 00:15:07 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:10,000 SGD
Fee:S$100 SGD (1%)
Exchange Rate:50.28 (2.71% from mid-rate)
To Amount:497,772 INR
Total Cost:3.68%
Difference:
15,895 INR less than using TransferWise
Time:1:09 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:10,000 SGD
Fee:18
Exchange Rate:49.72 (3.79% from mid-rate)
To Amount:496,305 INR
Total Cost:3.96%
Difference:
17,362 INR less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer SGD→INR
From Amount:10,000 SGD
Fee:18
Exchange Rate:49.31 (4.58% from mid-rate)
To Amount:493,114 INR
Total Cost:4.58%
Difference:
20,553 INR less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logo

HSBC: Foreign Transfer SGD→INR
From Amount:10,000 SGD
Fee:S$15 SGD (.15%)
Exchange Rate:49.21 (4.78% from mid-rate)
To Amount:491,362 INR
Total Cost:4.92%
Difference:
22,305 INR less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer SGD→INR
From Amount:10,000 SGD
Fee:12
Exchange Rate:48.76 (5.65% from mid-rate)
To Amount:487,015 INR
Total Cost:5.76%
Difference:
26,652 INR less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

WorldRemit logo

WorldRemit: Foreign Transfer SGD→INR
From Amount:10,000 SGD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 09/19/2019 - See full table

SGD / INR converter & margin calculator

S$SGD
₹INR
mid-rates

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

Foreign Transfers

Foreign Transfers Travel Money

Singapore Dollar

Indian Rupee

1 SGD 51.78 INR
5 SGD 258.88 INR
10 SGD 517.76 INR
20 SGD 1,035.53 INR
50 SGD 2,588.82 INR
100 SGD 5,177.63 INR
250 SGD 12,944.08 INR
500 SGD 25,888.15 INR
1,000 SGD 51,776.30 INR
2,000 SGD 103,552.60 INR
5,000 SGD 258,881.50 INR
10,000 SGD 517,763.00 INR
50,000 SGD 2,588,815.00 INR
100,000 SGD 5,177,630.00 INR
See more

Singapore Dollar

Indian Rupee

0.0193 SGD 1 INR
0.0966 SGD 5 INR
0.1931 SGD 10 INR
0.3863 SGD 20 INR
0.9657 SGD 50 INR
1.9314 SGD 100 INR
4.8285 SGD 250 INR
9.6570 SGD 500 INR
19.31 SGD 1,000 INR
38.63 SGD 2,000 INR
96.57 SGD 5,000 INR
193.14 SGD 10,000 INR
965.70 SGD 50,000 INR
1,931.40 SGD 100,000 INR
See more
Country Guides (SGD & INR)
IndiaIndia (INR)SingaporeSingapore (SGD)

SGD/INR - Historical Trends

This table shows historic rates and trends of Singapore Dollar to Indian Rupee over periods upto 10 years.

PeriodChange*SGD/INRDate
1 Day-0.9%52.205617 Sep 2019
7 Day-0.4%51.947311 Sep 2019
30 Day0%51.731219 Aug 2019
3 Month+1%51.264720 Jun 2019
1 Year-2.7%53.179918 Sep 2018
5 Year+7.7%48.056919 Sep 2014
10 Year+52.1%34.035020 Sep 2009

*For period to 18-Sep 21UTC when SGD/INR was 51.7537

You can use our SGD interactive charts to check SGDINR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

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)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been 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.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, 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 last year.

Read more in the article INR Forecasts.

Why can't I just get the SGD/INR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the SGD / INR was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

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

We help you Compare & Save Money on Exchange Rates.

 

View all SGD Exchange Rates