Singapore dollar indian rupee exchange rate history (SGD INR) October 2023

Singapore dollar indian rupee history for October 2023. The highest quote for this month is 61.723 (05/10/2023) and the lowest 61.055 (11/10/2023). The difference between high and low is 1.08.

SGD INR average rate for October 2023 is 60.7855, the change between 01/10/2023 and 31/10/2023 is -0.44 %.

01 October 2023	1 SGD = 60.77 INR
02 October 2023	1 SGD = 60.75 INR
03 October 2023	1 SGD = 60.70 INR
04 October 2023	1 SGD = 60.60 INR
05 October 2023	1 SGD = 60.83 INR
06 October 2023	1 SGD = 60.87 INR
07 October 2023	1 SGD = 60.89 INR
09 October 2023	1 SGD = 60.85 INR
10 October 2023	1 SGD = 61.05 INR
11 October 2023	1 SGD = 61.09 INR
12 October 2023	1 SGD = 61.07 INR
13 October 2023	1 SGD = 60.80 INR
16 October 2023	1 SGD = 60.83 INR
17 October 2023	1 SGD = 60.80 INR
18 October 2023	1 SGD = 60.86 INR
19 October 2023	1 SGD = 60.65 INR
20 October 2023	1 SGD = 60.56 INR
21 October 2023	1 SGD = 60.58 INR
22 October 2023	1 SGD = 60.58 INR
23 October 2023	1 SGD = 60.59 INR
24 October 2023	1 SGD = 60.75 INR
25 October 2023	1 SGD = 60.67 INR
26 October 2023	1 SGD = 60.61 INR
27 October 2023	1 SGD = 60.85 INR
28 October 2023	1 SGD = 60.75 INR
29 October 2023	1 SGD = 60.75 INR
30 October 2023	1 SGD = 60.88 INR
31 October 2023	1 SGD = 61.03 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.

Historic Singapore dollar Indian Rupee