Indian Rupee to Singapore Dollar (INR/SGD) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
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INR to SGD Conversion Table
Common amounts converted from Indian Rupee to Singapore Dollar at today's rate.
| Indian Rupee (INR) | Singapore Dollar (SGD) |
|---|---|
| 1 INR | — |
| 5 INR | — |
| 10 INR | — |
| 25 INR | — |
| 50 INR | — |
| 100 INR | — |
| 250 INR | — |
| 500 INR | — |
| 1,000 INR | — |
| 5,000 INR | — |
| 10,000 INR | — |
| 50,000 INR | — |
How much Singapore Dollar will you actually receive?
Estimated cost to convert INR 1,000 to SGD with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | SGD received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare INR to SGD providers
The INR/SGD corridor handles significant transfer volume. If you send money regularly between Indian Rupee and Singapore Dollar, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
INR/SGD rate statistics
Is today's INR/SGD rate good or bad?
We compare today's live Indian Rupee to Singapore Dollar mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, INR holders get more Singapore Dollar per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Indian rupee to Singapore dollar corridor is driven by the large Indian expatriate community in Singapore. Remittance flows, IT services trade, and refined petroleum imports create steady demand. MAS manages SGD via its exchange rate band while RBI manages INR depreciation pace - both are actively managed currencies.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the INR/SGD exchange rate?
The INR/SGD rate tracks how many Singapore Dollar one Indian Rupee buys. This corridor connects India's vast economy with Singapore's financial hub. A large Indian expatriate community in Singapore drives regular remittance flows. Trade in IT services, refined petroleum, and financial services provides structural demand.
INR is issued by the Reserve Bank of India (RBI) (ranked 13th globally - meaning it's the 13th most bought and sold currency in the world). SGD is issued by the Monetary Authority of Singapore (MAS) (ranked 10th). Full INR profile | Full SGD profile
Indian Rupee to Singapore Dollar is widely used by the Indian diaspora, IT outsourcing firms, and travellers to India.
What drives this rate? RBI monetary policy and India's trade balance (INR side) vs MAS exchange rate management (SGD side). Large Indian expatriate remittance flows through Singapore and bilateral trade in IT services and refined petroleum shape this corridor.
Is today's INR/SGD rate good or bad?
The Indian Rupee to Singapore Dollar mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The INR/SGD corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Indian Rupee to Singapore Dollar? Read this first
Sending money to India? The INR corridor is one of the world's largest. Dedicated services like Wise often beat bank wire rates by 2-3%. If you send regularly, compare the total cost (rate + fee) rather than just the headline rate.
Watch out: Banks typically charge 3-5% on INR to SGD transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- The Indian rupee symbol (₹) was adopted in 2010 after a national design competition won by D. Udaya Kumar.
Frequently asked questions
Is now a good time to convert INR to SGD?
Timing a currency conversion depends on your personal circumstances and risk tolerance rather than market conditions alone. Check the rate panel above to see the current INR/SGD rate and compare it against rates from previous weeks or months to understand recent trends.
The Reserve Bank of India's monetary policy, Singapore's economic data, and broader dollar strength all influence this pair, so consider whether these factors align with your conversion needs and timeline. If you need SGD for immediate expenses or commitments, the timing question becomes less relevant than securing the funds reliably.
What moves the INR/SGD exchange rate?
The INR/SGD rate responds to interest rate decisions from both the Reserve Bank of India and the Monetary Authority of Singapore, as well as inflation differentials between the two economies. India's growth prospects, foreign direct investment flows, and trade balances affect rupee demand, while Singapore's position as a regional financial hub makes it sensitive to broader Asia-Pacific economic trends and commodity prices.
Oil price movements matter significantly since India imports crude while Singapore refines it, creating different sensitivities. Capital flows, currency intervention by either central bank, and risk sentiment toward emerging markets versus developed economies all play roles in daily rate movements.
Will Indian Rupee get stronger or weaker against Singapore Dollar?
Currency forecasting involves uncertainty, and the rupee could move either direction depending on multiple factors that are difficult to predict with confidence. Historically, the INR/SGD pair has shown volatility tied to India's current account position, capital inflows, and relative growth rates compared to Singapore's more mature economy.
The chart above shows recent price action that you can analyze for patterns, but past performance does not guarantee future results. Factors to watch include RBI monetary policy decisions, India's inflation trends, Singapore's interest rate stance, and global risk appetite toward emerging markets.
How can I avoid fees when converting INR to SGD?
Different providers charge different fees, margins, and commissions on INR/SGD conversions, so comparing multiple options - banks, online transfer services, and money transfer specialists - helps you understand the true cost. Some providers offer lower fees for larger amounts or loyalty customers, while others build their margin into the exchange rate itself rather than showing explicit fees.
Ask each provider for their all-in cost: the fee plus the markup on the rate compared to the real-time rate shown in the rate panel above. Timing your conversion to avoid peak hours or batching multiple conversions can sometimes reduce per-transaction costs at certain platforms.
Should I exchange Singapore Dollar at home or abroad?
This question assumes you already have SGD, but if you're sending INR from India to Singapore, you'll typically exchange at departure or use a remittance service that handles conversion. In India, banks and authorized money changers are regulated by the RBI and offer transparent rates, though margins vary.
Singapore has competitive money changers and banking options due to its role as a financial center, which may offer different rates than what you'd find in India. Rather than deciding between home and abroad, compare the all-in costs across multiple providers in both locations using the current INR/SGD rate shown above as your baseline.
How far does Indian Rupee go in Singapore?
Singapore has one of the world's highest costs of living, with housing, dining, and transport significantly more expensive than most Indian cities, so the purchasing power of rupees converted to Singapore dollars is relatively modest. Basic expenses like a meal at a hawker center or local transport cost considerably more in SGD than equivalent rupee amounts in India, though the differential varies by neighborhood and lifestyle.
The comparison table on this page shows the current INR/SGD conversion rate, which you can use to calculate specific expenses: multiply the SGD price by that rate to see the rupee equivalent. Your actual purchasing power depends on your spending patterns and which neighborhoods or services you use most frequently.
What is the cheapest way to send INR to SGD?
Online remittance platforms, dedicated money transfer services, and some digital banks typically offer more competitive INR/SGD rates than traditional banks because they operate with lower overhead costs. Compare the all-in cost - including any fees, currency margins, and the rate shown in the rate panel above - across several providers before committing to any single option.
Larger transfers often qualify for better rates than small ones, so bundling multiple payments if possible can reduce your per-rupee cost. Check whether each service charges a fixed fee or percentage, whether rates are locked in advance, and how quickly funds reach the Singapore account, since speed and reliability also factor into the true cost of sending money.
Learn more
- RBI Reference Rates - Reserve Bank of India daily reference rates
- MAS Monetary Policy - Monetary Authority of Singapore policy
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.