About the SGD–INR corridor
Singapore is the finance and tech hub of the Indian diaspora in Southeast Asia, with professionals remitting from some of Asia's highest salaries. The MAS manages the Singapore dollar against a trade basket rather than a hard peg, making it one of Asia's most stable currencies — SGD-INR drifts steadily rather than jumping.
Frequently Asked Questions
What is 1 SGD in Indian Rupees today?
As of 17 July 2026, 1 Singapore Dollar (SGD) equals ₹74.53 at the mid-market rate. This is the wholesale rate you see on Google — banks and transfer services pay slightly less after their margin.
Why does my bank give a lower singapore dollar to rupee rate?
Banks and money-transfer services add a margin of roughly 0.5%-2% over the mid-market rate, plus transfer fees and GST on the conversion service. Comparing the offered rate against the mid-market rate on this page tells you exactly how much margin you are paying.
Is this a live SGD to INR rate?
The rate is refreshed once daily from mid-market data (last updated 17 July 2026). Currency markets move continuously, so intraday values fluctuate around this figure — for planning a remittance or budget it is accurate; for trading it is not.
Is money received from Singapore taxable in India?
Money sent home by NRIs to family (a gift or maintenance remittance into India) is generally not taxed as income for the recipient. Sending money out of India is different — TCS may apply above the LRS threshold. Consult a CA for your specific situation.
Other Currencies to INR
Sending more than ₹10 lakh abroad this year?
Outward remittances under LRS can attract TCS — 0% via education loan, 2% for education and medical, 20% for investments. Know the exact amount the bank will collect before you transfer.
Calculate TCS on Your Remittance →