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Wise SGD to INR Transfers Compared

SGD-INR Rate Calculator

 
 
   
   
   
   
   
 

Compare Wise Exchange Rates & Fees - Save Time & Money

 

Our Wise SGD 5 to INR rate is 74.2. This is -0.44% below the mid-rate.

Wise at a glance

Wise uses the mid-market exchange rate for supported conversions and charges a separate fee shown before confirmation. The fee depends on the currencies, amount, payment method and customer market.

Eligible customers can hold more than 40 currencies and may receive domestic or Swift payments using account details for selected currencies. Availability varies by address, account type and currency.

Wise also offers debit cards in supported markets. Spending is free when the account already holds enough of the transaction currency; otherwise Wise applies a conversion fee.

  • Best suited to self-service international transfers, multi-currency balances and overseas card spending.
  • Not a cash-pickup service.
  • Large or unusual transfers can require additional verification or source-of-funds evidence.

Read the full Wise review or visit Wise for a live quote.

 
 

Wise - SGD Rate Margin Analysis

The average SGD rate margin offered by Wise is 0.91%.

This average is based on individual SGD 10K transfer rates in the currency pairs from Wise that we monitor.

 

Wise - Best and Worst Value Rates

The tables below show the best and worst exchange rate margins offered by Wise for Singapore dollar (SGD 10K) transactions. Margins show the percentage difference from the mid-market rate.

Wise Best Value Rates (Lowest Margins)

Currency Pair Wise Rate Mid Market Rate Margin
SGD/NOK 7.4932 7.4966 0.0%
SGD/ILS 2.3426 2.3412 -0.1%
SGD/DKK 5.0589 5.0620 0.1%
SGD/CHF 0.6261 0.6265 0.1%
SGD/CAD 1.0866 1.0874 0.1%

Wise Worst Value Rates (Highest Margins)

Currency Pair Wise Rate Mid Market Rate Margin
SGD/TOP 1.7616 1.8654 5.6%
SGD/SBD 5.9084 6.2531 5.5%
SGD/PGK 3.3118 3.4653 4.4%
SGD/SCR 10.82 10.41 -4.0%
SGD/FJD 1.6740 1.7371 3.6%
 
 

Wise timing, safeguarding and support

Wise shows an estimated arrival before confirmation. Some transfers are immediate or same-day; others take several business days depending on funding, currencies, banking hours, recipient processing and verification.

Most transfers use a guaranteed rate for a stated period. Wise must receive the full payment in time for that rate to apply. Some routes use a live rate, so the recipient amount can change before processing.

Wise safeguards eligible customer money separately from its operating funds under market-specific rules. Safeguarding is not the same as ordinary bank deposit insurance, and investment products have separate terms.

Wise offers authenticated online support and regional telephone support. Its current help page states that phone lines are open 24/7, although customers should log in to see the appropriate number and options.

Verify recipient details carefully. Safeguarding does not reimburse an authorised transfer sent to a scammer.

 
   

What is the Wise Send Money conversion rate for SGD to INR?

The Wise SGD to INR exchange rate is 74.2. This is -0.44% compared to the latest SGD-INR mid-market rate 74.53.

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 Wise - Singapore dollar to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest SGD-INR mid-rate and the possible savings of using various providers. 

How do Wise SGD-INR rates compare between providers?

Looking at the full SGD to INR - Send Money comparison table the provider with the best SGD to INR exchange rate is Wise at 74.2, -0.44% from the latest mid-market rate 74.53.

The next best is XE at 74.08, -0.6% from the mid-rate.

Then OFX at 71.7, which is -3.8% from the mid-rate.

Among the banks the CIMB Bank rate is 63.95 at -14.2% the OCBC Bank rate is 72.52 at -2.7% and the Maybank rate is 71.92 at -3.5% compared to the mid-rate 74.53.

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 Wise or platforms that offer rates closer to the mid-market rate.

 

View a full list of exchange rates by selecting your Base (from) currency: