The live mid-rate INR to SGD exchange rate is 0.015360. Compare OFX currency conversion rates - Reduce FX costs.
The best INR to SGD exchange rate is 0.0152 from Wise. This is -1% compared to the mid-market rate 0.015360.
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.
Looking at our comparison table the best INR to SGD exchange rate is 0.0152 from Wise, -1% from the mid-market rate 0.015360. The next best rate is 0.0151 from WorldRemit, -1.7% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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 like OFX or platforms that offer rates closer to the mid-market rate.
The OFX Rupee to Singapore dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest INR-SGD mid-rate (see Market Data below ) and the possible savings of using various providers.
Indian rupee (INR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | INR/SGD | Period |
|---|---|---|
12 Apr 2025 | 0.0153 | 2 Week |
26 Jan 2025 | 0.0156 | 3 Month |
26 Apr 2024 | 0.0163 | 1 Year |
27 Apr 2020 | 0.0186 | 5 Year |
29 Apr 2015 | 0.0209 | 10 Year |
01 May 2005 | 0.0378 | 20 Year |
Here are some popular conversion amounts for INR to SGD (Indian rupee to Singapore dollar)*.
*Converted at the current INRSGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent forecasts for the INR to SGD exchange rate suggest a landscape of mixed influences, primarily driven by the ongoing trade tensions initiated by U.S. President Donald Trump. Analysts note that the Indian rupee has faced increasing pressure due to fears surrounding inflation driven by rising energy prices. India, being heavily reliant on oil imports, is susceptible to fluctuations in crude prices, which are compounded by the rupee’s weakening against the U.S. dollar. This backdrop of surging dollar strength stems from expectations that Trump's policies will spur U.S. growth, further affecting investor sentiment towards Asian currencies, including the Indian rupee.
Read our full review of recent INR to SGD forecasts.
There are several ways to save on exchange rates when converting Indian rupee to Singapore dollar:
Generally speaking, if you are buying Singapore dollar with Indian rupee, then it's better for the INR/SGD 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.
Read our Currency guide to Singapore — a practical currency and money guide to travel in Singapore plus living and doing business with the Singapore dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 INR/SGD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| India (INR) | Singapore (SGD) |
Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2025. Which one is right for you depends largely on how much you’re sending, how often you transfer, and whether you value real-time convenience or personal account management.
If you’re selling online internationally, using an FX specialist can save you thousands. Better exchange rates, lower fees, and protection against currency swings can make a huge difference to your bottom line. Find out why smart online sellers are choosing FX specialists to manage their global payments — and how it could help you scale faster.
Further reading on Ofx - Guides, Reviews & News from our research team.
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
^ Scroll back up to ^
^
