Best SGD to INR Exchange Rates - Compare Providers & Save

In this Singapore dollar to Indian rupee guide:

1 SGD = INR

Sell SGD → Buy INR

90-DAY▲HIGH

SGD to INR at 55.71 has risen 1.6% above its 90-day average, range 54.28-55.74.

19-OCT 2AM-NY 7AM-LON 2PM-HK 5PM-SYD

1 INR =

⚇

SGD/INR was	Change	Period
54.95 04 Oct 2021	1.5% ▲	2 Weeks
54.54 20 Jul 2021	2.2% ▲	90 Days
54.08 18 Oct 2020	3.1% ▲	1 Year
48.09 19 Oct 2016	15.9% ▲	5 Years
39.19 21 Oct 2011	42.3% ▲	10 Years
26.32 23 Oct 2001	111.8% ▲	20 Years

SGD/INR change over periods to 18-Oct-2021

The Indian rupee has dropped to its lowest level against a range of currencies since April as the Reserve Bank of India kept its monetary policy unchanged.

Most Asian currencies have weakened against the dollar on fears that surging energy prices could spur inflation and interest rate hikes.

India imports most of its oil requirements and higher crude prices tend to push up domestic inflation.

INR Outlook

We can expect a volatile outlook for SGD against major currencies in October as Singapore’s Central Bank, the MAS, is expected to release their policy statement with views on the trajectory of the SGD.

SGD could trade against the USD between 1.35 – 1.39 SGD for the month of October.

SGD Outlook

90-DAY▲HIGH

SGD to INR - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

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Provider	Amounts	Rate	Cost

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest SGD to INR Exchange Rate (shown above) or a transaction fee and often both!

How to get a good SGD to INR Exchange Rate

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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 the Singapore dollar rise against the Indian rupee?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add SGD/INR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

View My Rates

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.