INR to SGD Exchange Rate Today
Convert Indian Rupees to Singapore Dollars with live INR/SGD rates for work, education, or travel. Best rates for Indian expats and students in Singapore.
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Sending 1,000.00 INR → SGD
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current INR to SGD exchange rate?
The Indian Rupee to Singapore Dollar rate typically ranges between S$0.015-0.017 per 1 INR (or about ₹100 = S$1.5-1.7). RBI and MAS policies, India-Singapore trade flows, and IT services exports influence this pair significantly.
Why is INR to SGD conversion important?
Singapore has a large Indian community (9% of population). Uses include Indian IT professionals working in Singapore, Singaporean businesses operating in India, education at NUS/NTU for Indian students, Singapore tourism for Indians, and bilateral trade ($22B annually).
How stable is INR against SGD?
INR has depreciated gradually against SGD over decades. RBI manages INR to support exports while MAS allows gradual SGD appreciation. India's higher inflation (5-6%) versus Singapore's (2-3%) creates persistent depreciation pressure. Political stability in both countries helps moderate volatility.
What's the best way to transfer INR to SGD?
Use Wise or Remitly for better rates (1-2% markup), Indian banks like ICICI or HDFC have Singapore branches (2-3% fees), Singaporean banks like DBS accept INR transfers, and money changers in Singapore's Little India offer competitive walk-in rates for cash.
When should I convert INR to SGD?
Bangalore engineers earning S$8,000 in Singapore benefit when rupee strengthens above S$0.016, gaining ₹500K versus ₹480K at S$0.015. Indian professionals in Singapore (200,000+ in tech, finance, healthcare) converting salaries watch RBI decisions. Rupee depreciation trends favor conversions; rate improvement from S$0.016 to S$0.0165 boosts monthly ₹5L transfers by S$2,500—substantial for Chennai or Mumbai families receiving Singapore remittances—₹240K annually funds Indian property down payments, education, or elderly care while professionals work at Singapore tech firms like Grab, Sea, Shopee.