SGD to INR

The SGD/INR exchange rate at a glance

The page you are reading brings together the exchange rate between Singapore Dollar (SGD) and Indian Rupee (INR) and compares it with what real providers charge to convert one into the other. On October 30, 2026, 1 SGD buys 74.3011 INR, while 1 INR is worth 0.013459 SGD.

That headline number is the mid-market rate, sometimes called the interbank rate. It is calculated as the middle of the price at which large banks buy SGD and the price at which they sell it. Think of it as a neutral benchmark: no fee or margin is built in, and that is why consumers almost never receive it in full.

The amount that lands in the other account comes down to two separate costs: the gap between the provider’s rate and the mid-market rate and the visible transfer or service fee. Below the converter and chart we explain how those costs work, look at what a conversion costs in practice and give concrete ways to keep more of your money when you change SGD into INR.

The SGD/INR rate over twelve months

Over the past twelve months, the exchange rate shows a change of +9.11%. Within those twelve months the top of the range was 75.6066 INR for one SGD, and the bottom of the range was 67.8183. The current 74.3011 sits somewhere inside that range.

The distance between the high and the low puts the movement into real terms. On a large conversion, the moment you choose can make a noticeable difference to what arrives, even when the fee stays the same.

Rates are pushed around by central bank policy, economic data and shifts in risk appetite. These figures describe the past and say nothing about what comes next. If you want to act on a certain rate, it is more practical to set an alert than to guess.

How providers price SGD to INR

Most providers will not give you the rate of 74.3011 as such. They quote a slightly worse rate and earn on the difference. This is known as the exchange rate margin. If the margin is 2%, then about 2 out of every 100 SGD never reach the recipient.

Besides the hidden margin, a lot of services add a visible fee. It may be a flat charge per payment, a share of what you send or a mix of both. On classic bank transfers abroad the receiving or intermediary bank sometimes deducts a charge too, and those only show up at the end.

Look twice at anything sold as commission-free. The cost often sits in the rate instead. The only fair way to compare is the total amount that arrives in INR for an identical SGD amount, and that is the figure our table ranks on.

Delivery times and routes for INR transfers

A traditional bank sends your payment via the SWIFT system. Along the way one or more intermediary banks may handle it, each of which can deduct a charge. It typically arrives within a few working days, and the exact cost is not always clear in advance.

Many money transfer apps use a different model. They keep money in accounts in both regions, which means your payment and the payout both happen domestically. That is often faster and cheaper, with the final INR amount fixed upfront.

How fast a transfer really is depends on more than the provider: funding method, verification and holidays in the sending and receiving country. The very first payment may be slower because the provider has to verify your identity. Get verified before you need to send if the money has to arrive on a set date.

Why we compare total cost

Every calculation begins with the mid-market rate of 74.3011. For each provider we apply its published fees and the margin it adds to the rate, to calculate what actually arrives in INR. The comparison covers 8 providers, placed side by side.

We update the rates every 30 minutes, with October 30, 2026 as the reference date. Always check the final quote in the provider’s app or website, and it can differ slightly from our calculation, especially when markets are busy.

No bank, app or exchange owns GoldexPay. Some links on this page are affiliate links, which help pay for the site. The order is never affected by them: the only ranking criterion is the amount received.

1,000.00 SGD to INR, step by step

Let’s use a transfer of 1,000.00 SGD. At the mid-market rate of 74.3011, you can work out the upper limit of what any provider could deliver in INR. In reality every provider keeps something, because margins and fees come off first.

Looking at all 8 providers we track, Revolut delivered the most: the recipient gets 73,929.62 INR at the time of our last update. Whatever is missing compared with the mid-market amount is what the conversion actually cost you.

Keep in mind that rankings shift with the amount you send. Fixed fees weigh heavily on small sums, while a percentage margin grows along with the amount. Run your own figure through the converter and check whether the order changes.

Larger transfers: what to check first

Only use providers that are regulated. In the UK that means authorisation by the FCA, elsewhere a central bank or financial supervisor. Licensed payment firms must keep customer money separate from their own, which protects you if something goes wrong.

Verify every detail of the recipient. Mistakes are rarely fixed quickly with transfers abroad. Be suspicious if someone urges you to pay quickly or suddenly changes bank details: confirm by phone using a number you already know.

Larger transfers often come with additional questions. You may need to show proof of the source of funds, like a statement or a sales contract. Some providers lower their margin on request for larger customers. Some also let you lock in a rate for a short period.

Tips for converting SGD to INR

Compare the total cost, not the fee alone. A provider with a low fee can still be expensive if the rate is poor. The fairest figure to compare is the amount received, and that already includes both margin and fee.

When you pay by card abroad, you may be asked whether to pay in SGD or in the local currency. That option is known as dynamic currency conversion, or DCC. It usually comes with a steep markup. Always opt to pay in the local currency and the conversion follows your card’s own terms.

Timing plays a role too. Rates quoted on a Saturday or Sunday can include a weekend surcharge. When there is no deadline, a rate alert or limit order lets you convert automatically once SGD/INR reaches a level you choose. It saves you from checking the rate every day, but there is no guarantee the rate will get there.

Finally, look at how you pay. Paying by credit card can trigger extra charges, while a plain bank transfer is normally the low-cost option. Bundling smaller transfers means fixed charges hit you fewer times.

SGD and INR around the world

Singapore Dollar is the legal tender in Singapore. Indian Rupee is the official currency of India. That is useful to know when you plan a trip, pay an invoice or send money to family.

People convert SGD to INR for many reasons: rent or a mortgage abroad, tuition fees, a salary paid in another currency, savings or a holiday. Each situation asks for something different: a one-off large payment calls for the best rate, while frequent smaller payments suffer more from flat charges.

Payout methods vary from country to country. Account formats differ: IBAN in one place, account and routing numbers in another and in certain countries cash pickup or mobile money is common. Ask the recipient for the exact details in advance.