INR to SGD Converter
Indian Rupee to Singapore Dollar
Indian Rupee to Singapore Dollar (INR/SGD)
This page converts the Indian Rupee (INR) used in India into the Singapore Dollar (SGD) used in Singapore. The current rate loads in your browser; type any amount into the converter above to see its value.
What moves the INR/SGD rate
The Indian Rupee is mainly influenced by Reserve Bank of India policy and intervention, India's oil import bill and foreign investment flows. The Singapore Dollar is mainly influenced by the Monetary Authority of Singapore, which manages the currency against a basket of trading partners' currencies. When these forces push the two currencies in different directions, the INR/SGD rate moves; when they move together, the rate tends to stay steadier.
How this rate is calculated
Rates are fetched from Frankfurter, which publishes the European Central Bank's daily reference rates (updated once per working day), and from ExchangeRate-API for currencies the ECB does not cover. All rates are stored against the euro, so the INR/SGD figure is a cross rate: the euro value of SGD divided by the euro value of INR. These are indicative mid-market reference rates and may differ from the rates offered by banks, card issuers and payment providers.
Frequently asked questions
How do I convert INR to SGD?
Enter an amount in Indian Rupee and the converter multiplies it by the latest daily INR/SGD reference rate to show the value in Singapore Dollar. To go the other way, SGD to INR, divide by the same rate or use the swap button.
Where does the INR to SGD rate come from?
Rates come from Frankfurter, which republishes daily European Central Bank reference rates, with ExchangeRate-API filling in currencies the ECB does not publish. They are cached in your browser for up to an hour.
Is this the INR to SGD rate my bank will give me?
No. These are mid-market, indicative rates. Banks, card providers and transfer services usually add a margin or fee, so the Singapore Dollar you actually receive is typically a little lower.