This is the rate that will apply when you sell Singapore Dollar currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest SGD-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you buy Singapore Dollar currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest SGD-INR Buying rate across India. To see the most accurate rate select the city in the drop down above
Singapore is not only one of the most famous International Tourist destinations but the first choice for many expats and students. Singapore has a significant number of Indians working and living there. The Singapore Dollar is the official currency of Singapore and Brunei and is the only form of currency if you are visiting Singapore or Brunei. If you are visiting Singapore, then you can convert SGD to INR or convert INR to SGD online in few simple steps from India's best SGD Converter—BookMyForex.com.
The rates we have for SGD exchange with INR are best in the market because of the systems we have in place that ensure that you get to buy SGD to INR at best SGD to IR rates. Once you book your order online, you can pick up your Singapore Dollars (or Indian Rupees) at one of the many BookMyForex locations or participating bank locations in India. And you can do all this from the comforts of your home or office or even while travelling. With BookMyForex's Door Delivery option, Forex comes to you, rather than you going to the forex. If you want to know how much 1 SGD to INR is worth, you can use our SGD calculator on this page to find out exchange rate of SGD to INR
Singapore Dollar has nine denominations. SGD comes in the form of 1, 5, 10, 25, 50, 100, 500, 100 and 10,000. BookMyForex's Singapore Dollar to Indian Rupee rates are live to the last second and extremely competitive(up to 5% better than the bank rates). And BookMyForex, for the first time, gives you the option to Freeze the Rates you see on the site and get your Singapore Dollars or Indian Rupees at the exact rates shown. We also offer a No Obligation order wherein you can complete a booking without paying anything online.
If you choose to complete your order, you would still be able to convert Singapore Dollar to Rupee at best and live rates. BookMyForex not only gives you the option to convert SGD to INR online but you get to choose the rates at which you want to exchange SGD to INR. With our online SGD to INR converter, You can lock-in your preferred rate for up to 3 days by paying 2% of the transaction which is a refundable payment.
|SGD Interbank Rate||55.1999|
|SGD Forex Card Buy Rate||55.3157|
|SGD Currency Buy Rate||55.4269|
|SGD TC Buy Rate||N/A|
|SGD Forex Card Sell Rate||54.5744|
|SGD Currency Sell Rate||54.7572|
|SGD TC Sell Rate||N/A|
|SGD DD Remit Rate||55.573|
|SGD TT Remit Rate||55.623|
When You Convert SGD to INR or exchange online INR to SGD, BookMyForex.com provides you with a complete array of Singapore Dollar products. Our travel related products for currency conversion of SGD to INR include Singapore Dollar Cash Currency, Singapore Dollar Traveller's Cheques, and Singapore Dollar Prepaid Forex Cards. Prepaid forex cards are safer to carry and offer several additional benefits. We also provide SGD money transfer and remittance services using either SGD demand drafts (DD)or SGD bank Wire Transfers (TT) that are sent directly from an Indian bank to a bank in Singapore.
Money changers and Banks add made-up charges and hidden fees when you convert SGD to INR with them. But with BookMyForex.com you don't have to pay any hidden fees or charges to convert Singaporean Dollar to Rupee or vice versa. Exchange your SGD or any other foreign currency back into Indian rupees at exact interbank rates - that's the same rates that you see on online search engines, forex sites and business news channels.
Q1. Why should I sell my SGD at BookMyForex?
Ans. Since BookMyForex is an online currency exchange marketplace, it provides the best Singapore Dollar selling rate as it firstly scans through SGD rate quoted by multiple money changers near to your location and then quote you with the best SGD selling rates.
Further, you can place your SGD selling order online with the comfort of your home. In case you opt for home delivery option, that the equivalent Indian Rupees (INR) would be sent by bookmyforex at your doorstep. This way you get the combination of better exchange rates and convenience with BookMyForex.
Q2. How much SGD can I carry to Singapore?
Ans. As per the Liberalized Remittance Scheme (LRS) of the Reserve Bank of India, a person can consume foreign exchange only upto 2.5 lakh US dollars or its equivalent to other currency cumulatively in a financial year. So you can calculate the limit upto which you can carry SGD for your Singapore trip depending on your earlier consumption of foreign exchange in the current financial year.
However, one thing you should keep in mind is that as per the RBI norms, you can only carry upto US $ 3000 or equivalent in cash while travelling abroad. If you wish to carry more Singapore dollars than the cash carry limit, you need to carry it digitally like by loading SGD on your forex card or by a traveller’s cheque.
Q3. Will I get a receipt of the currency purchased with BookMyForex?
Ans. Yes, Being an RBI licensed currency exchange marketplace, BookMyForex ensures complete transparency in your currency exchange transaction. You would be provided with a proper receipt of your currency exchange transaction. Even if you get your receipt misplaced, you can ask for a duplicate copy by sharing the order details.
Q4. Should I buy SGD in Singapore from a local bank?
Ans. You can carry INR upto Rs. 25,000 only in cash while travelling abroad. Also, you run the risk of getting it exchanged at an expensive rate than in India. Else, you can use debit or credit card abroad which can cost you anywhere between 3% to 5% more than a forex card. Therefore, exchanging INR to SGD in Singapore itself may not be a great idea.