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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’.
Singapore dollar (SGD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
In the near term, SGD/INR is trading close to the recent highs, holding near the 90-day average. The pair is supported by a risk-off environment and the policy stance of India’s RBI.
In the near term, SGD/USD is trading close to recent highs, holding near its 3-month average within a stable range. The dominant driver from structured analysis is safe haven flows, supported by regional tensions and safer assets.
In the near term, USD/INR is trading close to 92.60, near 90-day highs, and supported by risk-off sentiment. The pair has been consolidating within its recent range, with safe-haven flows pressuring the USD.
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
*Converted at the current SGD-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Maybank SGD to INR exchange rate is 69.72. This is -3.5% compared to the latest SGD-INR mid-market rate 72.25.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Indian rupee (INR) rates from different sources before making a conversion.
The above Maybank - Singapore dollar to Rupee 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 SGD-INR mid-rate and the possible savings of using various providers.
Looking at the full SGD to INR - Send Money comparison table the provider with the best SGD to INR exchange rate is XE at 71.81, -0.61% from the latest mid-market rate 72.25.
The next best is Wise at 71.72, -0.73% from the mid-rate.
Then OFX at 70.04, which is -3.1% from the mid-rate.
Among the banks the CIMB Bank rate is 63.99 at -11.4% the OCBC Bank rate is 70.3 at -2.7% and the Maybank rate is 69.72 at -3.5% compared to the mid-rate 72.25.
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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