Singapore Dollar to Indian Rupee (SGD/INR) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Swap the currencies: INR to SGD →
Mid-market rate - no bank markup 200+ currencies Free
SGD to INR Conversion Table
Common amounts converted from Singapore Dollar to Indian Rupee at today's rate.
| Singapore Dollar (SGD) | Indian Rupee (INR) |
|---|---|
| 1 SGD | — |
| 5 SGD | — |
| 10 SGD | — |
| 25 SGD | — |
| 50 SGD | — |
| 100 SGD | — |
| 250 SGD | — |
| 500 SGD | — |
| 1,000 SGD | — |
| 5,000 SGD | — |
| 10,000 SGD | — |
| 50,000 SGD | — |
How much Indian Rupee will you actually receive?
Estimated cost to convert SGD 1,000 to INR 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 | INR 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 SGD to INR providers
The SGD/INR corridor handles significant transfer volume. If you send money regularly between Singapore Dollar and Indian Rupee, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
SGD/INR rate statistics
Is today's SGD/INR rate good or bad?
We compare today's live Singapore Dollar to Indian Rupee mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, SGD holders get more Indian Rupee 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 SGD/INR exchange rate?
The SGD/INR rate tracks how many Indian Rupee one Singapore Dollar 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.
SGD is issued by the Monetary Authority of Singapore (MAS) (ranked 10th globally - meaning it's the 10th most bought and sold currency in the world). INR is issued by the Reserve Bank of India (RBI) (ranked 13th). Full SGD profile | Full INR profile
Singapore Dollar to Indian Rupee 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 SGD/INR rate good or bad?
The Singapore Dollar to Indian Rupee 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 SGD/INR corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Singapore Dollar to Indian Rupee? 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 SGD to INR 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?
- India's 2016 demonetization - when 500 and 1,000 rupee notes were invalidated overnight - affected 86% of cash in circulation.
Frequently asked questions
Is now a good time to convert SGD to INR?
Whether now is the right time depends on your personal timeline and circumstances rather than market timing. Check the rate panel above to see the current SGD/INR level, then compare it against historical rates using the chart on this page to understand where the pair sits relative to recent ranges.
Consider your own need for the funds in India - if you require the money soon, conversion timing may matter less than locking in certainty. If you have flexibility, tracking the pair over weeks or months can help you identify patterns in how the Monetary Authority of Singapore's policy and the Reserve Bank of India's decisions affect this corridor.
What moves the SGD/INR exchange rate?
The SGD/INR rate reflects differences in monetary policy between Singapore and India, with the Monetary Authority of Singapore's interest rate decisions pulling the Singapore Dollar in one direction and the Reserve Bank of India's policy moving the Rupee in another. Economic growth, inflation, and trade flows between the two countries also shape this pair - Singapore's status as a financial hub means currency flows respond to regional risk appetite, while India's larger economy and demographic growth drive longer-term Rupee dynamics.
Oil prices matter significantly because India imports crude while Singapore refines and exports petroleum products, making energy costs a key factor for both economies. Political stability, foreign investment flows, and relative bond yields across both countries create additional pressure on the rate shown in the comparison table.
Will Singapore Dollar get stronger or weaker against Indian Rupee?
We cannot predict which direction this pair will move. Instead, consider monitoring the factors that historically influence SGD/INR: interest rate differentials set by the Monetary Authority of Singapore and the Reserve Bank of India, relative economic growth in both countries, and shifts in regional capital flows.
Watch for central bank policy announcements and quarterly GDP data from Singapore and India, as these events often trigger movement in the chart above. Your own situation - when you need the funds and how much rupee exposure matters to your plans - should guide your approach more than any forecast.
How can I avoid fees when converting SGD to INR?
Most currency conversion involves some cost, whether as a visible fee, a margin embedded in the rate, or both - there is no true fee-free option, only different structures. Compare providers using the comparison table on this page to see how their rates and stated fees differ from the mid-market rate shown in the rate panel.
Banks, online remittance platforms, and money transfer specialists each use different pricing models: banks may charge flat or percentage fees with wider margins, while specialized remittance services sometimes compress margins in exchange for a small fee. Larger transfers often receive better rates than small amounts, so batching multiple payments into one conversion may reduce your per-unit cost.
Should I exchange Indian Rupee at home or abroad?
The decision between exchanging in Singapore or India depends on rate differences, convenience, and regulatory limits rather than a universal best answer. In Singapore, the Monetary Authority of Singapore regulates competitive banking and money transfer sectors, while in India the Reserve Bank of India controls rupee exchange policies and may impose restrictions on foreign currency availability for certain transactions.
Check the rate panel above to compare Singapore rates against rates quoted by money changers or banks in India - differences reflect local demand, regulation, and competitive pressure in each market. Transaction size, your regulatory status (resident, non-resident, foreign national), and whether you have existing accounts in either location all affect which option is practical.
How far does Singapore Dollar go in India?
The purchasing power of the Singapore Dollar in India depends on the current SGD/INR rate shown in the comparison table, combined with price differences between Singapore and Indian cities. Across most categories - food, local transport, housing, and services - costs in India are substantially lower than in Singapore, so each rupee buys more than it would in Singapore.
Check the rate panel above to calculate how much rupee value your SGD holdings represent, then use that figure against Indian price references for your specific cities and needs. Keep in mind that imported goods, premium Western brands, and luxury services in Indian metro areas (Delhi, Mumbai, Bangalore) cost significantly more than local alternatives, narrowing the purchasing power advantage.
What is the cheapest way to send SGD to INR?
Cost depends on the amount, speed, and provider structure - there is no single cheapest method for all situations. The comparison table on this page shows rates and fees from different providers; larger transfers (above SGD 10,000) typically offer better per-unit pricing than small remittances, while urgent same-day transfers cost more than standard 3-5 day options.
Online remittance platforms and specialist money transfer services often price more competitively for routine transfers than banks, though banks offer convenience if you have an existing account. Verify that your chosen provider is regulated by the Monetary Authority of Singapore and complies with Reserve Bank of India requirements for inbound rupee transfers, as this affects both security and whether your beneficiary faces any complications receiving the funds.
Learn more
- MAS Monetary Policy - Monetary Authority of Singapore policy
- RBI Reference Rates - Reserve Bank of India daily reference rates
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.