Convert Singapore Dollar (SGD) to Indian Rupee (INR )
Exchange rates used for currency conversion updated on 30th May 2015 ( 30/05/2015 )
Below you will find the latest exchange rate for exchanging Singapore Dollar (SGD) to Indian Rupee (INR) , a table containing most common conversions and a chart with the pair's evolution.
The Singapore Dollar (SGD) to Indian Rupee (INR) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Singapore is the Singapore dollar. The dollar is equal to 100 cents and comes in denominations of $2, $5, $10, $50, $100, $1,000 and $10,000. Foreign currency can be exchanged easily in Singapore although different establishments will have different rates for these transactions. Banks can exchange foreign currency as can various exchange booths located conveniently in airports, hotels and at most shopping centers in larger cities.
About Indian Rupee (INR)
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.