Understanding the Table:
The comparison table above helps you see the total cost of your State Bank of India currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
The best SGD to INR exchange rate is 66.19 from XE. This is -0.6% compared to the mid-market rate 66.59.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Indian rupee (INR) rates from different sources before making a conversion.
The above State Bank of India - Singapore dollar to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by State Bank of India and other foreign exchange providers against the latest SGD-INR mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best SGD to INR exchange rate is 66.19 from XE, -0.6% from the mid-market rate 66.59. The next best rate is 66.19 from Wise, -0.6% from the mid-rate. Then WorldRemit with 65.92 is -1% from the mid-rate.
Among the banks the CIMB Bank rate is 62.95 at -5.5% the OCBC Bank rate is 64.79 at -2.7% and the Maybank rate is 64.26 at -3.5% compared to the mid-rate 66.59.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like State Bank of India often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: