INR vs SGD
🇸🇬1 INR = 0.01 SGD
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
INR / SGD| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About INR / SGD
🇮🇳 INR — Indian Rupee
The Indian Rupee is the official currency of India, the world's most populous country. It is regulated by the Reserve Bank of India and has shown steady growth alongside India's expanding economy.
🇸🇬 SGD — Singapore Dollar
The Singapore Dollar is the official currency of Singapore, one of Asia's major financial hubs. The Monetary Authority of Singapore (MAS) uniquely manages monetary policy through the exchange rate rather than interest rates.
Key Factors Affecting INR/SGD
🇮🇳 INR Drivers
- Reserve Bank of India interest rate and inflation targeting
- Crude oil prices (India is a major oil importer)
- Foreign direct investment and IT sector performance
- Indian monsoon season and agricultural output
🇸🇬 SGD Drivers
- MAS exchange rate policy adjustments
- Global trade flows and port activity
- Regional Asian economic conditions
- Financial services sector performance
💡 Did You Know? — INR
The Indian rupee symbol ₹ was officially adopted in 2010, designed by D. Udaya Kumar, combining the Devanagari letter 'Ra' and the Latin letter 'R'.
💡 Did You Know? — SGD
Singapore manages its monetary policy through the exchange rate rather than interest rates — the MAS adjusts the Singapore dollar's trading band against a basket of currencies.
Economy Overview
🇮🇳 India
India has one of the fastest-growing major economies in the world, driven by IT services, pharmaceuticals, textiles, and a massive domestic consumer market.
🇸🇬 Singapore
Singapore has a highly developed free-market economy known for its financial services, electronics manufacturing, and port operations. It consistently ranks among the world's most competitive economies.