The best SGD to INR exchange rate is 64.19. Compare foreign transfer and currency exchange rates, find better rates & deals.
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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 Singapore dollar to rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and foreign exchange providers against the latest SGD-INR mid-rate (see Market Data below ) and the possible savings of using a different provider.
Singapore dollar (SGD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | SGD/INR | Change | Period |
---|---|---|---|
30 Sep 2024 | 65.23 | 1.5% ▼ | 2 Week |
16 Jul 2024 | 62.15 | 3.4% ▲ | 3 Month |
15 Oct 2023 | 60.83 | 5.6% ▲ | 1 Year |
16 Oct 2019 | 52.06 | 23.4% ▲ | 5 Year |
17 Oct 2014 | 48.19 | 33.3% ▲ | 10 Year |
19 Oct 2004 | 27.35 | 135% ▲ | 20 Year |
Here are some popular conversion amounts for SGD to INR (Singapore dollar to Indian rupee)*.
*Converted at the current SGDINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The SGD to INR exchange rate has been experiencing notable movements recently, with the Singapore dollar (SGD) advancing to its strongest position in nearly a decade, largely due to the Monetary Authority of Singapore's (MAS) hawkish monetary policy compared to the Federal Reserve. Analysts point to the Singapore government’s emphasis on maintaining a robust currency as a key measure against inflation, helping bolster the SGD's strength. As of the current week, the SGD to INR exchange rate has reached 7-day highs near 64.46, slightly above the three-month average of 63.87. The range of 62.15 to 65.43 indicates relative stability, but the recent gains have also been influenced by ongoing shifts in core inflation rates and the MAS's expectations for a gradual moderation in inflation.
Read our full review of recent SGD to INR forecasts.
There are several ways to save on exchange rates when converting Singapore dollar to Indian rupee:
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.
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 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.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.
India (INR) | Singapore (SGD) |
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.
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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