Understanding the Table:
The comparison table above helps you see the total cost of your Maybank 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’.
Indian rupee (INR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
INR/SGD Outlook: Bearish, as the INR is currently below its 90-day average and near recent lows, influenced by significant downward factors.
INR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is just below its 90-day average and remains within a stable range.
USD/SGD Outlook: The USD/SGD exchange rate is slightly positive, but likely to move sideways as it trades below its recent average and remains stable within its range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
*Converted at the current INR-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best INR to SGD exchange rate is 0.0137 from Wise. This is -1.6% compared to the mid-market rate 0.013917.
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 Maybank - Rupee to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Maybank 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 0.0137, -1.6% from the latest mid-market rate 0.013917.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank 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:
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