Historic Indian Rupee Singapore dollar

Indian Rupee singapore dollar history for December 2023. The highest quote for this month is 0.016121 (11/12/2023) and the lowest 0.016486 (08/12/2023). The difference between high and low is -2.26.

INR SGD average rate for December 2023 is 0.01601, the change between 01/12/2023 and 31/12/2023 is +0.02 %.

01 December 20231 INR = 0.0160 SGD
02 December 20231 INR = 0.0160 SGD
03 December 20231 INR = 0.0160 SGD
04 December 20231 INR = 0.0160 SGD
05 December 20231 INR = 0.0160 SGD
06 December 20231 INR = 0.0161 SGD
07 December 20231 INR = 0.0161 SGD
08 December 20231 INR = 0.0161 SGD
09 December 20231 INR = 0.0161 SGD
10 December 20231 INR = 0.0161 SGD
11 December 20231 INR = 0.0161 SGD
12 December 20231 INR = 0.0161 SGD
13 December 20231 INR = 0.0161 SGD
14 December 20231 INR = 0.0160 SGD
15 December 20231 INR = 0.0159 SGD
16 December 20231 INR = 0.0161 SGD
17 December 20231 INR = 0.0161 SGD
18 December 20231 INR = 0.0161 SGD
19 December 20231 INR = 0.0160 SGD
20 December 20231 INR = 0.0160 SGD
21 December 20231 INR = 0.0160 SGD
22 December 20231 INR = 0.0160 SGD
23 December 20231 INR = 0.0159 SGD
24 December 20231 INR = 0.0159 SGD
25 December 20231 INR = 0.0159 SGD
26 December 20231 INR = 0.0159 SGD
27 December 20231 INR = 0.0159 SGD
28 December 20231 INR = 0.0158 SGD
29 December 20231 INR = 0.0160 SGD

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.