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    SGD to INR Exchange Rates

    Compare & Save - Singapore dollar to Indian rupee exchange rates. Latest Singapore dollar→rupee analysis and review of forecasts.

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    Compare & Save - Singapore dollar to Indian rupee

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to Indian rupee (INR) rates from different sources before making a conversion.

    The above Rate Calculator and Comparison Table makes it easy to compare the Total Cost you are being charged on Singapore dollar to rupee currency rates and the possible savings of using various providers.

    In this Singapore dollar to rupee (SGD/INR) rate guide:

    @bestfxrates : 29 Sep: Current SGD to INR exchange rate holds strong at 60.90, just below the 3-month average of 61.26. Markets are expecting SGD/INR stability due to MAS's forex strategy, despite INR's pressures from rising energy costs. As per FX analysts, the regular range is 60.51 to 62.17. #SGDINR #forexupdates

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    SGD to INR Market Data

    Singapore dollar (SGD) to Indian rupee (INR) market data - latest interbank mid-rate, trend, chart & historic rates.

    1 SGD =
    60.89We compare provider deals to this wholesale mid-market rate. Read more
    SGD to INR at 60.89 is just 0.6% below its 3-month average of 61.26, having traded in a very stable 2.7% range from 60.51 to 62.17
    Sell SGD   →   Buy INR
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    15 Sep 2023
    0.1% 2 Week
    01 Jul 2023
    0.3% 3 Month
    29 Sep 2022
    7% 1 Year
    30 Sep 2018
    14.8% 5 Year
    01 Oct 2013
    21.9% 10 Year
    04 Oct 2003
    132.1% 20 Year
    SGD/INR historic rates & change to 29-Sep-2023

    Forecasts for SGD to INR

    SGDINR chart

    According to recent exchange rate analyst forecasts and currency market updates, the SGD to INR exchange rate is expected to remain relatively stable in the near term. Singapore's central bank, the Monetary Authority of Singapore (MAS), manages the value of the SGD against a basket of currencies from major trading partners. This implies that the SGD's value may be influenced by developments in these economies.

    Read our full SGD to INR forecasts analysis

    SGD to INR flags

    How to get a good SGD to INR exchange rate

    There are several ways to save on exchange rates when converting Singapore dollar to Indian rupee:

    1. Shop around for the best SGD/INR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the SGD/INR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both SGD and INR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Indian rupee with Singapore dollar, then it's better for the SGD/INR 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.

    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.

    Will the Singapore dollar rise against the Indian rupee?

    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 SGD/INR to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.


    Country Currency Guides

    IndiaIndia (INR)SingaporeSingapore (SGD)

    How is the cost of living in India?

    The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.

    How is the expat life in India?

    The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.

    Read more at our India (INR) country guide


    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

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