What is the
WorldRemit Send Money conversion rate for SGD to INR?
The WorldRemit SGD to INR exchange rate is 66.53. This is -1% compared to the latest SGD-INR mid-market rate 67.20.
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
WorldRemit - Singapore dollar to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest SGD-INR mid-rate and the possible savings of using various providers.
How do WorldRemit SGD-INR rates compare between providers?
Looking at the full
SGD to INR - Send Money comparison table the provider with the best SGD to INR exchange rate is XE at 66.8, -0.6% from the latest mid-market rate 67.20.
The next best is Wise at 66.8, -0.6% from the mid-rate.
Then WorldRemit at 66.53, which is -1% from the mid-rate.
Among the banks the CIMB Bank rate is 63.23 at -5.9% the OCBC Bank rate is 65.39 at -2.7% and the Maybank rate is 64.85 at -3.5% compared to the mid-rate 67.20.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like WorldRemit or platforms that offer rates closer to the mid-market rate.