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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Sending 1,000.00 SGD → INR
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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
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?
Singapore tech workers (Tata Consultancy, Infosys, DBS employees) earning S$100K annually benefit when dollar trades above ₹61, sending ₹6.1M versus ₹5.9M at ₹59 on S$100K—funding Bangalore or Mumbai property. MAS announces monetary policy quarterly, adjusting SGD NEER band rather than interest rates—creating gradual moves versus sudden shifts. Indian festivals (Diwali, Pongal) see conversion spikes as professionals send home bonuses. Little India exchange houses offer competitive rates; rate movement from ₹61 to ₹63 produces ₹100K on S$50K. Key changer (₹61.2) equals ₹7K on S$10K.