SGD to INR Exchange Rate Today
Singapore Dollar to Indian Rupee conversion for Indian expats and professionals in Singapore. Track SGD/INR rates every 30 minutes for efficient family remittances, India investments, or supporting loved ones back home.
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Frequently Asked Questions
How many rupees will I get for 1000 Singapore Dollars?
For S$1,000 SGD, you typically receive between ₹61,000-64,000 INR depending on current market rates. The Singapore Dollar usually trades at ₹61-64 per S$1 SGD. The rate fluctuates based on MAS (Monetary Authority of Singapore) policy, Singapore's economic performance, India's growth, and regional trade dynamics. Check our live converter for today's exact SGD/INR rate.
Best way to send money from Singapore to India?
Indian professionals in Singapore have excellent remittance options: InstaReM (now Nium) offers competitive SGD to INR rates with low fees, Wise provides transparent pricing (0.5-1% margin), Remitly and Western Union enable fast transfers, DBS Bank and OCBC have India remittance services, and YouTrip works for digital transfers. Compare rates—Singapore banks typically charge 2-3% markup plus S$10-25 fees.
Why is SGD to INR rate stable compared to other pairs?
SGD/INR shows moderate stability because Singapore Dollar is managed by MAS using a basket of currencies rather than free-floating. Singapore's strong economy, AAA credit rating, and position as Asian financial hub support SGD strength. The large Indian community in Singapore (9% of population) creates consistent SGD to INR demand, and Singapore-India trade relations further stabilize the pair.
Do Singapore banks give good exchange rates for INR?
Singapore banks (DBS, OCBC, UOB) typically charge 2-3% above mid-market rate for SGD to INR conversions plus transfer fees (S$15-30). Better alternatives include: Wise (0.6-0.8%), InstaReM/Nium (0.7-1%), Remitly (1-2%), and specialized India remittance services. The competitive Singapore fintech market means good options exist. Always compare the final INR amount received, not just the displayed rate.
When should I transfer Singapore Dollars to Rupees?
Monitor MAS policy statements (they manage SGD via band system), Singapore's GDP data, India's RBI interest rate decisions, and INR volatility events. SGD tends to be stable, so timing matters more for INR movements—watch India's inflation reports, FII flows, and oil prices. For monthly family support, consistent transfers work well. For large transfers (property, investments), catch rupee weakness for maximum INR value.