The Singapore dollar (SGD) is the official currency of Singapore, while the Indian rupee (INR) is the official currency of India. As of March 2023, the exchange rate between the two currencies is approximately 1 SGD to 54 INR.
It is important to note that currency exchange rates are subject to change based on a variety of factors, including economic and political conditions in each country.
Additionally, the exchange rate offered by banks and currency exchange providers may differ slightly from the official rate due to fees and commissions.
If you are planning to travel from Singapore to India, it is recommended to exchange your SGD for INR before your trip to avoid unfavorable exchange rates at the airport or other tourist areas.
Many currency exchange providers, including banks and private money changers, offer SGD to INR exchange services. It is important to compare rates and fees before making any transactions to ensure you get the best value for your money.
Alternatively, you can use debit or credit cards to withdraw INR from ATMs in India. However, be aware of transaction fees and foreign exchange fees that may apply.
Additionally, inform your bank or credit card company of your travel plans to avoid any issues with transaction approvals.
Overall, the exchange rate between the Singapore dollar and Indian rupee can vary and it is important to compare rates and fees before making any currency transactions. With proper planning and research, you can ensure you get the best value for your money when exchanging currency for your travels to India.
