Best SGD to INR Exchange Rates - Compare & Save

In this Singapore dollar to Indian rupee guide:

1 SGD = INR

SGD to INR at 56.76 is 1.2% above its 90-day average 56.06 with range 55.21-56.98.

01-JUL 1AM-NY 6AM-LON 1PM-HK 3PM-SYD

Sell SGD → Buy INR

Track Rate

1-DAY▲+0.6%

90-DAY▲HIGH2d

The Indian rupee has weakened (like most Asian currencies) against the US 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

Singapore dollar has risen against most currencies in 2022 (except the strong USD) as Monetary Authority of Singapore (MAS) re-centered the currency band higher in April, to combat the rapidly raising rate of inflation in the island state.

Due to the city-state’s reliance on trade, unlike most central banks, the MAS uses currency intervention as its main economic management tool.

SGD Outlook

Date	SGD/INR	Change	Period
16 Jun 2022	56.37	0.7% ▲	2 Week
01 Apr 2022	55.98	1.4% ▲	3 Month
30 Jun 2021	55.29	2.7% ▲	1 Year
01 Jul 2017	46.94	21% ▲	5 Year
02 Jul 2012	43.75	29.8% ▲	10 Year
05 Jul 2002	27.63	105.5% ▲	20 Year

SGD/INR change over periods to 30-Jun-2022

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.

Compare Transfer Rates : Send S$10,000 SGD → Receive INR

Provider	Receive INR	SGD/INR Rate	Cost
Instarem Fast, safe and cost effective cross border transfers for individuals and business. See details	10,000 SGD = 564,300 INR Up to 31,340 INR more 0.64% See details	56.43	0.64%	Visit Instarem Best Value Special offer: Zero transfer fees on first transfer of $200 and above.
OFX Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals. See details	10,000 SGD = 562,300 INR Get ₹2,000 less 0.99% See details	56.23	0.99%	Visit OFXCompare Rate No fees on all your OFX transfers
WorldRemit Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies. See details	10,000 SGD = 562,300 INR Get ₹2,000 less 0.99% See details	56.23	0.99%	Visit WorldRemitCompare Rate
ICICI Bank See details	10,000 SGD = 561,700 INR Get ₹2,600 less 1.1% See details	56.17	1.1%	Compare Rate
DBS Bank See details	10,000 SGD = 561,194 INR Get ₹3,106 less 1.19% See details	56.26	1.19%	Compare Rate
HSBC See details	10,000 SGD = 552,593 INR Get ₹11,707 less 2.7% See details	55.37	2.7%	Compare Rate
SHOW ALL	10,000 SGD = 547,926 INR Get ₹16,374 less 3.53%	54.92	3.53%	Average Bank Rate
OCBC Bank See details	10,000 SGD = 547,074 INR Get ₹17,226 less 3.67% See details	55.26	3.67%	Compare Rate
Standard Chartered See details	10,000 SGD = 540,800 INR Get ₹23,500 less 4.78% See details	54.08	4.78%	Compare Rate
CIMB Bank See details	10,000 SGD = 539,160 INR Get ₹25,140 less 5.07% See details	53.97	5.07%	Compare Rate
Citibank See details	10,000 SGD = 532,960 INR Get ₹31,340 less 6.16% See details	53.36	6.16%	Compare Rate
Wise Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies. See details	Amount above recommended Wise maximum - 5,000 USD 0.61% See details	Visit WiseCompare Rate

Cost % is Provider Rate Margin vs Mid-rate + Fees

SGD/INR=56.7946

1-DAY▲+0.6%

90-DAY▲HIGH2d

My Rates

Transfers - Singapore to India

SGD to INR - Travel & Spend

SGD/INR Mid-rate Calculator

* This table compares FX rates & fees of selected FX specialists and banks for SGD to INR International Money Transfers. Providers must be well established, reputable and regulated as financial payment services. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.

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!

Country Guides - Singapore dollar & Indian rupee

India (INR)

Singapore (SGD)

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

Generally speaking, if you are buying Indian rupee with Singapore dollar, then it's good for the SGD/INR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to India.

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.

Manage 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.

Related exchange rates

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Provider	Instarem
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹564,300
Exchange Rate	1SGD = 56.43 INR
Rate Margin	0.64%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	0.64%
Transfer Speed	1-2 days
BER Rating	3.9/5.0
Rate Retrieved	04:03 Local - BER

Provider	OFX
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹562,300
Exchange Rate	1SGD = 56.23 INR
Rate Margin	0.99%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	0.99%
Difference	Get ₹2,000 INR less than withInstarem
Transfer Speed	1-2 days
Rate Retrieved	04:03 Local - BER

Provider	WorldRemit
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹562,300
Exchange Rate	1SGD = 56.23 INR
Rate Margin	0.99%
Other Fees	S$
Total Cost (Rate Margin + Fees)	0.99%
Difference	Get ₹2,000 INR less than withInstarem
Transfer Speed	1-2 days
Rate Retrieved	04:03 Local - BER

Provider	ICICI Bank
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹561,700
Exchange Rate	1SGD = 56.17 INR
Rate Margin	1.1%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	1.1%
Difference	Get ₹2,600 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	04:03 Local - BER

Provider	DBS Bank
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹561,194
Exchange Rate	1SGD = 56.26 INR
Rate Margin	0.94%
Other Fees	S$25
Total Cost (Rate Margin + Fees)	1.19%
Difference	Get ₹3,106 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	2022-07-01T04:00:05+0000

Provider	HSBC
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹552,593
Exchange Rate	1SGD = 55.37 INR
Rate Margin	2.51%
Other Fees	S$20
Total Cost (Rate Margin + Fees)	2.7%
Difference	Get ₹11,707 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	04:03 Local - BER

Provider	Comparison Rate
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹547,926
Exchange Rate	1SGD = 54.46 INR
Rate Margin	4.11%
Total Cost (Rate Margin + Fees)	3.53%
Difference	Get ₹16,374 INR less than withInstarem

Provider	OCBC Bank
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹547,074
Exchange Rate	1SGD = 55.26 INR
Rate Margin	2.7%
Other Fees	S$100.00 SGD (1%)
Total Cost (Rate Margin + Fees)	3.67%
Difference	Get ₹17,226 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	04:03 Local - BER

Provider	Standard Chartered
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹540,800
Exchange Rate	1SGD = 54.08 INR
Rate Margin	4.78%
Other Fees	S$
Total Cost (Rate Margin + Fees)	4.78%
Difference	Get ₹23,500 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	04:03 Local - BER

Provider	CIMB Bank
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹539,160
Exchange Rate	1SGD = 53.97 INR
Rate Margin	4.97%
Other Fees	S$10
Total Cost (Rate Margin + Fees)	5.07%
Difference	Get ₹25,140 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	04:03 Local - BER

Provider	Citibank
FX Type	Foreign Transfer SGD→INR
From Amount (SGD)	S$10,000
To Amount (INR)	₹532,960
Exchange Rate	1SGD = 53.36 INR
Rate Margin	6.05%
Other Fees	S$12
Total Cost (Rate Margin + Fees)	6.16%
Difference	Get ₹31,340 INR less than withInstarem
Transfer Speed	2-3 days
Rate Retrieved	04:03 Local - BER

Provider	Wise
FX Type	Foreign Transfer SGD→INR
MIN/MAX:	Amount above recommended Wise maximum - 5,000 USD
Exchange Rate	1SGD = 56.74 INR
Rate Margin	0.1%
Total Cost (Rate Margin + Fees)	0.61%
Transfer Speed	1-2 days
Rate Retrieved	04:03 Local - BER

SGD to INR Exchange Rates

SGD to INR - Compare & Save

Multi-Vendor Quote

Country Guides - Singapore dollar & Indian rupee

How to get a good SGD to INR Exchange Rate

Reduce Excessive costs and fees

Will the Singapore dollar rise against the Indian rupee?

Related exchange rates