Historic Indian Rupee Singapore dollar

Indian Rupee singapore dollar history for October 2023. The highest quote for this month is 0.016515 (20/10/2023) and the lowest 0.016827 (25/10/2023). The difference between high and low is -1.89.

INR SGD average rate for October 2023 is 0.01645, the change between 01/10/2023 and 31/10/2023 is +0.44 %.

01 October 20231 INR = 0.0165 SGD
02 October 20231 INR = 0.0165 SGD
03 October 20231 INR = 0.0165 SGD
04 October 20231 INR = 0.0165 SGD
05 October 20231 INR = 0.0164 SGD
06 October 20231 INR = 0.0164 SGD
07 October 20231 INR = 0.0164 SGD
09 October 20231 INR = 0.0164 SGD
10 October 20231 INR = 0.0164 SGD
11 October 20231 INR = 0.0164 SGD
12 October 20231 INR = 0.0164 SGD
13 October 20231 INR = 0.0164 SGD
16 October 20231 INR = 0.0164 SGD
17 October 20231 INR = 0.0164 SGD
18 October 20231 INR = 0.0164 SGD
19 October 20231 INR = 0.0165 SGD
20 October 20231 INR = 0.0165 SGD
21 October 20231 INR = 0.0165 SGD
22 October 20231 INR = 0.0165 SGD
23 October 20231 INR = 0.0165 SGD
24 October 20231 INR = 0.0165 SGD
25 October 20231 INR = 0.0165 SGD
26 October 20231 INR = 0.0165 SGD
27 October 20231 INR = 0.0164 SGD
28 October 20231 INR = 0.0165 SGD
29 October 20231 INR = 0.0165 SGD
30 October 20231 INR = 0.0164 SGD
31 October 20231 INR = 0.0164 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.