SGD/INR: what to know
The SGD/INR rate shows how much INR you get for 1 SGD. Right now, 1 SGD buys 75.0953 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0133 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while INR responds to oil prices and capital flows.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the SGD/INR rate has ranged between 67.5746 and 75.6307 — a change of +9.31% 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.