Understanding the Table:
The comparison table above helps you see the total cost of your State Bank of India currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The State Bank of India INR to SGD exchange rate is 0.0143. This is -4.4% compared to the latest INR-SGD mid-market rate 0.014954.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above State Bank of India - Rupee to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by State Bank of India and other foreign exchange providers against the latest INR-SGD mid-rate and the possible savings of using various providers.
Looking at the full INR to SGD - Send Money comparison table the provider with the best INR to SGD exchange rate is Wise at 0.0148, -1% from the latest mid-market rate 0.014954.
The next best is WorldRemit at 0.0147, -1.7% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like State Bank of India often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
