1 SGD = 61.061 INR Interbank/ mid-market Rate at: 30-05-2023 00:12:59
|Buy SGD Forex Card||₹61.201|
|Sell SGD Forex Card||₹60.5652|
|Buy SGD Wire Transfer||₹61.631|
|Buy SGD Currency Notes||₹62.3774|
|Sell SGD Currency Notes||₹61.1873|
As per today’s exchange rate i.e. Tuesday 30/05/2023 , 1 Singapore Dollar is equals to 61.061 Indian Rupees. Change in SGD rate from previous day is +0.01%.
In case you are looking to get the best Singapore Dollar rates in your area, try BookMyForex. You can buy as well sell SGD at the best exchange rates with BookMyForex which provides foreign exchange at live and transparent rates. Since the currency exchange market is highly volatile, Singapore Dollar rates keep on changing throughout the day. You can check live Singapore Dollar rates online at BookMyForex.com and place an order to buy or sell Singapore Dollar online at the live rates.
Singapore Dollar is the official currency of Singapore. It is also abbreviated as SGD in the international currency exchange marketplace. Singapore Dollar is represented as S$ to differentiate it with other dollar-denominated currencies. SGD is further subdivided into 100 cents. The monetary authority of Singapore is the issuing authority of Singapore dollar banknotes and coins. Interestingly, apart from being a legal tender in Singapore, SGD is also accepted as a customary tender in Brunei. Similarly, the Brunei Dollar is also accepted as valid currency in Singapore.
The business market and educational opportunities in Singapore are well known. It is a popular destination for Indians seeking better career opportunities. Singapore is also a popular travel destination. In fact, many Indians visit Singapore every year, making it their favourite holiday destination. This explains the scale of currency exchange between the two countries. In order to visit Singapore, you must exchange your Indian rupees into Singapore dollars. Although the country accepts some other currencies, the SGD remains the preferred currency. As with any currency, the Singapore dollar fluctuates in value, but it's usually stable due to a robust economy.
BookMyForex is India’s leading currency exchange platform through which you can exchange INR to SGD at the best rates. Most currency exchange companies charge hidden fees or additional charges for exchanging currencies. Despite banks' claims, they do not actually provide you with the transparent rate of the day's currency. Furthermore, the displayed rates remain constant throughout the day without updating. In the end, you end up paying quite a bit of money for currency exchange. The good news is that you can say goodbye to all these concerns with BookMyForex. Rates are updated every three seconds, so you expect to make a currency exchange at live and transparent rates. In addition, you can even freeze the exchange rate at which you wish to transact.
1) Compared to banks and local money changers, BookMyForex offers numerous advantages in foreign currency exchange services. Best of all, the exchange rates are the lowest without any hidden fees. Here’s how BookMyForex provides the best Singapore dollar rates in comparison to banks and local money changers:
2) With BookMyForex, customers can use live exchange rates to exchange INR to SGD, unlike other authorized forex dealers who provide fixed rates under the name "Today's Singapore Dollar Rates". The Singapore Dollar exchange rate on the BookMyForex website is always live and up to date.
3) To combat any adverse volatility during the day, banks and money changers have to keep a higher margin by fixing the Singapore Dollar exchange rate for the entire day. While BookMyForex provides its clients with the most transparent exchange rate and, as a result, our customers are able to save a lot of money.
4) BookMyForex, as a digitally powered currency exchange marketplace, compares the SGD/INR exchange rate in India among hundreds of currency changers near your location.
5) If you check and compare the rates at different banks before buying or selling Singapore currency, you may be able to obtain affordable rates. However, this can be a time-consuming and tiresome process. In less than 5 minutes, you can place an order online with BookMyForex, from the comfort of your home.
6) With Book Now & Pay Later feature, you can 'lock in' a specific rate for up to 3 working days by paying a refundable deposit of 2%. You will be notified via SMS or email when your preferred rate is available through the rate alert feature.
You can find the best Singapore dollar exchange rates in India with BookMyForex. Here are the steps you can follow:
Step 1: When booking the order, choose your city, select the currency, and enter the forex amount.
Step 2: Your mobile number, email address, name, and the OTP you received on your mobile device or email address are required. Additionally, the country you plan to visit and the dates of your trip must be entered.
Step 3: As part of the eligibility check, you must specify the purpose of your trip. Documents depending on the purpose of your trip will need to be uploaded.
Step 4: The next step is to enter the address, including the city, state, landmark, street address, and Pincode.
Step 5: Before making a payment, review the order. You can pay with UPI, net banking, debit cards, credit cards, cash, or NEFT.
We are India's leading online foreign exchange marketplace. Forex can be purchased via BookMyForex for a variety of purposes, including personal travel, business travel, education, emigration, employment, medical care, and maintaining distant relatives. With partnerships with reputed banks and trusted exchange companies, we provide forex services in over 650 cities in India (over 5000 locations). By comparing quotes from various channel partners in real time, we are able to offer customers the best rate available.
BookMyForex continues to add new products to its line-up at competitive rates in order to keep up with our quest for excellence. As part of our forex product line, we offer currency notes, prepaid travel cards, as well as outward remittance services.
Buy/Sell Foreign Currency Notes - Pay in rupees and receive foreign currency or get Indian Rupees for your foreign currency in India.
Transfer Money Abroad from India - Send money abroad from India at live exchange rates.
Forex Card at an Interbank Rate - Get even better rates with our forex card than currency notes.
Below is the SGD to INR rate chart for today, last 7 days, last 30 days and last 1 year
|Singapore Dollar (SGD)||Indian Rupee (INR)|
|Singapore Dollar (SGD)||Indian Rupee (INR)|
|1 Million SGD||61061000|
|Last 30 Days||Last 90 Days|
The Singapore Dollar is the currency of the Singapore. The currency code for Singapore Dollar is "SGD". Click below to get more details and facts about Singapore Dollar, its ranking & rates.More info
SGD to INR forecast derived from the thorough analysis of SGD to INR exchange rate via moving averages, buy/sell signals & expert chart indicators. Click below to get a detailed SGD to INR forecast.More info
You can both buy and sell Singapore Dollars online from a trusted currency exchange marketplace such as BookMyForex. You just need to visit bookmyforex.com and select your city, currency (SGD in this case) and the amount that you want to sell online. You need to upload your Passport copy which you can do online. Once your SGD to INR conversion order placed, a representative of BookMyForex would visit your place and give you equivalent INR and take SGD from you.
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 dollar 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, you need to carry it digitally like by loading SGD on your forex card.
Buy or Sell SGD Online: Banks or local money changers provide forex at a fixed rate for the day, while a trusted online marketplace for currency exchange such as BookMyForex provides foreign currency at live and transparent rates which can save you money.
Compare SGD Rates & Buy: It is always better to first compare foreign exchange rates on different platforms and then buy it. Being a digitally enabled market-leader, BookMyForex automatically does that for you by first comparing forex rates quoted by 100s of money changers near you and provide you with the best forex rate.
Avoid Getting Singapore Dollars from the Airport: By getting foreign exchange at the airport, you may easily end up paying anywhere between 6% to 9% more than the rates quoted by a marketplace. So strictly avoid getting forex from the airport.
Avoid Using Credit/Debit Card for Transactions in SGD: Due to various types of currency conversion charges, using a credit or debit card for forex transaction while travelling abroad may not be a good choice as you would be paying 3% to 6% more. If you want to avoid carrying a stack of cash, better buy a forex card and load it with Singapore dollars.
You can purchase Singapore Dollar from multiple places in India such as from a nearby bank, some local money changer, at the airport or from an online currency exchange marketplace. However, if you are also looking for the best Singapore dollar rates and great convenience, you can opt for a trusted currency exchange marketplace.
Being a digitally enabled platform, BookMyForex checks and compares Singapore Dollar rates quoted by 100s of money changers available near to your location and provides you with the best SGD rate. You can place your order online with the comfort of your own home and get your forex delivered directly to your doorstep.