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Today's best Singapore dollars - Indian rupee exchange rates

Mid-market exchange rate
1 SGD = INR
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Compare SGD-INR exchange rates and fees before your next money transfer

Last updated 3 hours ago See live results
Sending 1,000 SGD with Your recipient gets Exchange rate Fees
61,940.00 INR Check rates Remitly SGD to INR rate:
1 SGD = 61.9400 INR
0 SGD
61,768.80 INR Check rates SingX SGD to INR rate:
1 SGD = 61.7688 INR
0 SGD
61,738.10 INR Check rates Instarem SGD to INR rate:
1 SGD = 61.7381 INR
0 SGD
61,399.69 INR Check rates Wise SGD to INR rate:
1 SGD = 61.7871 INR
6 SGD
61,295.83 INR Check rates Revolut SGD to INR rate:
1 SGD = 61.5420 INR
4 SGD
Compare for a specific amount, different pay-in and pay-out options, and see transfer speed and Monito Scores on our dedicated comparison page.

How To Get the Best SGD to INR Remittance Rate

The best way to take advantage of the current mid-market exchange rate from SGD to INR is to use Monito's comparison engine, which searches for trusted international money transfer services that apply strong rates and low commission fees:

  1. Check the SGD to INR mid-market exchange rate;
  2. Use Monito to compare services with low fees and strong rates;
  3. Sign up for the service with the highest rates and lowest fees;
  4. Confirm your transfer to India.
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Where To Find the Best Exchange Rate For SGD to INR Today (Updated 2022)

  1. Remitly
  2. SingX
  3. Wise
  4. Currency Solutions
  5. Skrill

Remitly and SingX have provided the cheapest transfers for the Singapore Dollar to the Indian rupee from August 2021 to August 2022 on Monito.

Wise has been the third cheapest on average during this 12-month period. Currency Solutions and Skrill made the top five, but do not generally give the best exchange rate for Singapore dollars compared to the top three.

High street banks can change your SGD to Indian rupee, but they often apply weak exchange rates and they charge high fees. International money transfer specialists almost always offer lower transfer fees and better exchange rates when sending Singapore currency to INR.

About the exchange rate from SGD to INR

Conversion Rates SGD/INR

1 SGD 61.744819 INR
50 SGD 3,087 INR
100 SGD 6,174 INR
200 SGD 12,349 INR
500 SGD 30,872 INR
1,000 SGD 61,745 INR
3,500 SGD 216,107 INR
5,000 SGD 308,724 INR
10,000 SGD 617,448 INR
100,000 SGD 6,174,482 INR
Source XE.com | Last updated an hour ago

Conversion Rates INR/SGD

1 INR 0.016196 SGD
500 INR 8.097845 SGD
1,000 INR 16.195691 SGD
5,000 INR 80.978454 SGD
10,000 INR 161.956907 SGD
20,000 INR 323.913815 SGD
50,000 INR 809.784537 SGD
100,000 INR 1,620 SGD
200,000 INR 3,239 SGD
500,000 INR 8,098 SGD
Source XE.com | Last updated an hour ago

Key facts about SGD and INR

  • About the Singapore dollar

    Name:
    Singapore dollar
    Symbol:
    $
    Minor unit:
    1/100 Cent
    Central Bank:
    Monetary Authority of Singapore
    Country:
    Singapore
    Rank in the most traded currencies:
    #12
  • About the Indian rupee

    Name:
    Indian rupee
    Symbol:
    Minor unit:
    1/100 paisa
    Central Bank:
    Reserve Bank of India
    Countries:
    Bhutan, India
    Rank in the most traded currencies:
    #17

What Is an Exchange Rate?

An exchange rate is the rate at which one country's currency may be converted into another currency.

Bank dealers and traders buy and sell currency (such as SGD and INR) on the foreign exchange market, known as the interbank market. These kinds of transactions are being done by actors around the world every second of the day, which is why the mid-market exchange rate fluctuates up and down.

Why interbank traders buy and sell the way they do depends on a wide variety of complex factors. Some factors affecting currency exchange rates include inflation, federal interest rates, money printing, speculation, public debt, and a country's trade balance.

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Beware of Exchange Rate Margins

What you need to know is that banks will not convert your dollars to pesos at the real mid-market exchange rate. Instead, they will ask for your Singapore dollars at a weak rate and sell you the Indian rupee at an expensive rate.

This difference between the mid-market rate and the provider's proposed rate is known as an exchange rate margin. This is often the cost that international money transfer customers overlook the most.

Convert With a Strong SGD to INR Remittance Rate

Online money transfer specialists have used technology and their financial leverage to access better exchange rates. As a result, they can potentially save you significant amounts of money when you transfer your SGD to INR.

Exchange rates fluctuate all the time. But you can save the headache of searching for a provider, and save money, by comparing money transfer providers in real time with Monito's comparison engine:

Find Today's Best Exchange Rate for Singapore Dollars to INR:

Frequently Asked Questions About the Best SGD to INR Exchange Rate

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