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Best Exchange Rates

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Compare SGD to INR foreign transfers

Use our comparison table to find the best exchange rates for Indian Rupee foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$SGD
₹INR

Compare Deals
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

1 SGD = 52.576 INR

This is the current SGD-INR mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market SGD-INR exchange rate.

3 Month Chart
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Currency news and forecasts for Singapore Dollar and Indian Rupee

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison 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

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China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets