INR/SGD: what to know
The INR/SGD rate shows how much SGD you get for 1 INR. Right now, 1 INR buys 0.0133 SGD at the mid-market rate. In the other direction, 1 SGD is worth 75.0953 INR.
In the short term INR is driven mainly by oil prices and capital flows, while SGD responds to the MAS-managed currency basket.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the INR/SGD rate has ranged between 0.0132 and 0.0148 — a change of -8.52% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.