IRT
Air Quality Index (AQI), weather, fuel, gold and mandi prices and other Live data from India - sourced from official and trusted data
๐Ÿ’ฑ

INR to SGD: Indian Rupee to Singapore Dollar

Live INR to SGD exchange rate today - 1 INR equals 0.0134 SGD, with an instant two-way converter for Indian Rupee to Singapore Dollar.

Today's INR to SGD Exchange Rate

1 INR = 0.013420 SGD

1 SGD = 74.5156 INR

Updated: September 4, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.0134 Singapore Dollar

Last updated: September 4, 2026

This INR to SGD rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Singapore Dollar (SGD) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is SGD (Singapore Dollar)?

Singapore is unusual: instead of setting interest rates like most central banks, the MAS manages the exchange rate itself, letting SGD move within a policy band against a basket of its major trading partners' currencies.

Key Facts

  • ISO code: SGD
  • Symbol: $
  • Subunit: 100 cents = 1 dollar
  • Issued by: Monetary Authority of Singapore (MAS)

Why Does the INR/SGD Exchange Rate Change?

The INR/SGD rate moves every trading day, driven mainly by:

  • MAS policy band adjustments - unlike most central banks, the Monetary Authority of Singapore manages SGD's exchange rate directly (via the S$NEER, a trade-weighted basket) as its main policy tool, instead of setting an interest rate.
  • Moves in the trade-weighted basket MAS targets SGD against, which includes the US dollar, the yuan, the euro and regional currencies - broad moves in that basket filter through to INR/SGD.
  • Regional (ASEAN) economic conditions, since Singapore's economy is closely tied to regional trade and finance flows.
  • India-Singapore trade and investment - Singapore is a major hub for outbound Indian investment.
  • Global risk sentiment, since SGD is a financial-hub currency that can see flows shift with broader risk appetite.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Is the Singapore Dollar pegged to the US Dollar?

No, and it doesn't quite float freely either. Singapore's central bank (MAS) manages SGD's value against a basket of its trading partners' currencies within an undisclosed policy band, using the exchange rate itself as its primary tool for controlling inflation - a setup few other central banks use.

Why does MAS manage the exchange rate instead of interest rates?

Singapore is an unusually small, trade-dependent economy (its combined imports and exports far exceed its GDP), so the exchange rate has a much bigger direct effect on domestic prices than interest rates would - which is why MAS built its whole monetary policy framework around managing SGD's exchange rate instead.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

โ†‘