Historic Singapore dollar Indian Rupee

Singapore dollar indian rupee history for January 2024. The highest quote for this month is 63.105 (01/01/2024) and the lowest 63.07 (02/01/2024). The difference between high and low is 0.06.

SGD INR average rate for January 2024 is 62.2985, the change between 01/01/2024 and 31/01/2024 is +1.68 %.

01 January 20241 SGD = 63.11 INR
02 January 20241 SGD = 63.07 INR
03 January 20241 SGD = 62.77 INR
04 January 20241 SGD = 62.72 INR
05 January 20241 SGD = 62.62 INR
06 January 20241 SGD = 62.56 INR
07 January 20241 SGD = 62.50 INR
08 January 20241 SGD = 62.57 INR
09 January 20241 SGD = 62.51 INR
10 January 20241 SGD = 62.46 INR
11 January 20241 SGD = 62.39 INR
12 January 20241 SGD = 62.49 INR
13 January 20241 SGD = 62.29 INR
14 January 20241 SGD = 62.21 INR
15 January 20241 SGD = 62.22 INR
16 January 20241 SGD = 62.12 INR
17 January 20241 SGD = 61.89 INR
18 January 20241 SGD = 61.87 INR
19 January 20241 SGD = 61.89 INR
22 January 20241 SGD = 62.02 INR
23 January 20241 SGD = 61.91 INR
24 January 20241 SGD = 62.07 INR
25 January 20241 SGD = 62.03 INR
26 January 20241 SGD = 62.04 INR
28 January 20241 SGD = 61.99 INR
29 January 20241 SGD = 61.94 INR
30 January 20241 SGD = 62.07 INR
31 January 20241 SGD = 62.06 INR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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