What are the average exchange rates for 1 Singapore Dollar to INR in the past five years?

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For those in the remittance business, understanding the average exchange rate of 1  (SGD) to (INR) over the past five years is vital when facilitating transfers. Data reveals that in the more recent period, 1 SGD has traded around **₹65–₹70** for INR. For instance, mid-2025estimates place 1 SGD around ₹67.64.

In 2022, the average rate was approximately **₹57.01** per 1 SGD. ttps://wise.com/us/currency-converter/sgd-to-inr-rate/history?utm_source=chatgpt.com)** · *wise.com* > During the past week, the exchange rate of Singapore dollar to Indian rupees has fluctuated between a high of 68.8209 on 01-09-2025 and a low of 68.071 on 27-08 ...

In 2022, the average rate was approximately **₹57.01** per 1 SGD. turn1search6turn1search5 In 2025 to date, it has risen to around **₹66.2** on average.

For remittance operators and senders alike, these trends imply that the SGD has strengthened against the INR22: 57.0113 INR. Worst exchange rate: 54.6236 INR on 10 Jan 2022. Looking to make an SGD to INR money transfer? In 2025 to date, it has risen to around **₹66.2** on average. > **[Singapore Dollar to Indian Rupee History: 2025 - Exchange Rates UK](https://www.exchangerates.org.uk/SGD-INR-spot-exchange-rates-history-2025.html?utm_source=chatgpt.com)** · *Exchange Rates UK* > ... SGD INR historical data. Best exchange rate: 68.2903 INR on 06 Aug 2025. Average exchange rate in 2025: 65.4267 INR. Worst exchange rate: 62.6033 INR on 04 Jan ...

For remittance operators and senders alike, these trends imply that the SGD has strengthened against the INR over the last few years. That means when sending money from Singapore to India, each dollar has converted into more rupees than in earlier years — which may impact transfer volume, fee margins and timing decisions. Keeping tabs on monthly averages and executing transfers when the rate is favourable can enhance value for your customers.

Does converting 1 Singapore Dollar to INR affect my travel budget when visiting India?

When planning a trip to India, one crucial aspect to consider is how the exchange rate between Singapore Dollars (SGD) and Indian Rupees (INR) impacts your travel budget. Converting 1 Singapore Dollar to INR can significantly influence the amount of local currency you'll receive, affecting your overall expenses.

The exchange rate fluctuates regularly, and even small changes can make a difference when converting larger sums of money. For instance, if the exchange rate is favorable, you'll get more INR for every SGD, stretching your budget further for activities like sightseeing, shopping, and dining. Conversely, an unfavorable exchange rate means you'll receive less INR, reducing the purchasing power of your SGD.

To maximize your travel budget, it’s important to stay informed about exchange rate trends and choose the right time to convert your currency. A reliable remittance service can help you access competitive exchange rates and ensure that your money goes further during your trip to India. Planning ahead and using efficient services will make your travel experience smoother and more affordable.

Are there any special programs that offer better exchange rates for 1 Singapore Dollar to INR?

When sending money from Singapore to India, the exchange rate for 1 Singapore Dollar (SGD) to Indian Rupees (INR) can vary greatly depending on the remittance provider you choose. Certain programs and platforms offer better exchange rates, which can result in more favorable outcomes for senders.

One of the most common ways to secure better exchange rates is by using remittance services that specialize in international transfers. These services often provide exclusive exchange rates to attract more customers, offering rates better than those at traditional banks or currency exchange outlets. Some companies even have partnerships with financial institutions in both Singapore and India, ensuring competitive rates.

Moreover, digital remittance services such as Wise (formerly TransferWise), Remitly, and Western Union frequently offer attractive exchange rates with lower fees. These services allow you to send money directly from your bank account or a digital wallet to the recipient's bank or mobile wallet in India.

Always compare different remittance programs and check for special offers that can give you the best exchange rates for 1 SGD to INR. By doing so, you ensure your recipient in India gets the most value for your hard-earned money.

Can the Reserve Bank of India influence the exchange rate for 1 Singapore Dollar to INR?

In the world of international remittance, exchange rates play a crucial role in determining the amount recipients receive. One frequently asked question is whether the Reserve Bank of India (RBI) can influence the exchange rate for 1 Singapore Dollar (SGD) to Indian Rupees (INR). The answer is yes, but in a limited capacity. The RBI, while not directly controlling exchange rates, can implement measures to stabilize the currency and manage volatility through monetary policies and interventions in the foreign exchange market.

The RBI uses tools such as open market operations, foreign exchange reserves, and interest rate adjustments to manage the INR's value. It can buy or sell foreign currencies to impact the supply and demand dynamics of the INR. However, the exchange rate of 1 SGD to INR is also influenced by global factors, including Singapore's economic performance, global market trends, and investor sentiment. Therefore, while the RBI plays a role in maintaining the currency's stability, the exchange rate remains subject to broader market forces.

For businesses in the remittance sector, understanding these dynamics is essential for offering competitive exchange rates to customers sending money to India from Singapore. Staying informed about RBI actions and global market trends can help businesses provide accurate and timely remittance services.

How does inflation in Singapore affect the exchange rate of 1 Singapore Dollar to INR?

Inflation in Singapore can have a significant impact on the exchange rate of the Singapore Dollar (SGD) to the Indian Rupee (INR), affecting businesses and individuals involved in remittance. As inflation increases in Singapore, the cost of goods and services rises, which may lead the Singaporean government to adjust monetary policies. These changes can influence the demand for the Singapore Dollar, affecting its strength against the INR.

When inflation rises in Singapore, it may reduce the purchasing power of the SGD, potentially leading to a depreciation of the currency. This means that remittance senders in Singapore may need to send more SGD to match the same value in INR, impacting the recipient's amount of money in India.

For remittance businesses, understanding the fluctuations in the SGD-INR exchange rate is crucial for providing accurate transfer services. Changes in inflation can also influence the fees charged by remittance companies, making it essential for consumers to stay informed about currency trends to maximize the value of their transfers.

Overall, the link between inflation and currency exchange rates underscores the importance of monitoring economic indicators when sending money internationally, ensuring that remittance businesses can provide the best possible value to their clients.

What are some online tools to predict future trends for 1 Singapore Dollar to INR?

In the remittance business, predicting currency exchange trends is essential for offering competitive rates to customers. One of the most commonly traded currency pairs is 1 Singapore Dollar (SGD) to Indian Rupee (INR), and understanding its future fluctuations can help businesses make informed decisions. Fortunately, several online tools can assist with this.

One popular option is XE.com, which offers real-time exchange rate data and future trend predictions. Another great tool is OANDA, providing historical data and a currency converter that can predict future trends based on market conditions.

Additionally, Investing.com’s currency section gives detailed forecasts and analysis of trends, which can be vital for remittance services to stay ahead of market changes. TradingView also allows users to analyze past trends and anticipate future shifts by using its interactive charts and data analytics features.

By leveraging these online platforms, remittance businesses can stay competitive, making better predictions on exchange rate movements for SGD to INR. It’s essential to monitor these trends consistently for improved decision-making and to offer the best rates to customers.

How does the political situation in Singapore impact the value of 1 Singapore Dollar to INR?

Understanding the impact of Singapore’s political situation on the value of 1 Singapore Dollar (SGD) to Indian Rupees (INR) is crucial for remittance businesses. Political stability plays a significant role in shaping the strength of a country’s currency. Singapore, known for its strong and consistent governance, often sees the SGD performing well against other currencies, including the INR.

The stability in Singapore's political environment, backed by sound fiscal policies, helps maintain investor confidence and supports the strength of the Singapore Dollar. On the other hand, any potential political uncertainty or changes in government policies can lead to fluctuations in the value of SGD against INR. Remittance businesses must stay alert to these changes to provide accurate exchange rates to their clients.

For individuals sending money to India, understanding these dynamics can help them maximize the value of their remittances. A strong SGD against INR translates to more value for the money transferred. Hence, remittance companies need to track political developments in Singapore and provide timely updates for their customers.

How much Indian Rupees can I get for 1 Singapore Dollar at an airport exchange counter?

When traveling or sending money abroad, understanding exchange rates is essential. If you're looking to convert 1 Singapore Dollar (SGD) to Indian Rupees (INR) at an airport exchange counter, it's important to note that the rate can vary based on several factors, including location and market fluctuations.

Generally, airport exchange counters offer less favorable rates compared to local banks or remittance services. The reason for this is the convenience factor; exchange counters at airports often charge higher margins due to their strategic location and ease of access. Expect to receive a slightly lower value for 1 SGD compared to online or in-person transactions through a remittance provider.

For the most accurate and competitive rate, it’s recommended to compare different options before exchanging your money. Many remittance businesses offer better rates for currency exchange, with the added benefit of secure and hassle-free transactions. Always double-check the current exchange rate and fees to ensure you're getting the best deal possible.

 

 

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