1 Indian Crore to SGD: A Guide to Converting Indian Rupees to Singapore Dollars
Are you planning a trip from India to Singapore or doing business with a company based in Singapore? If so, you may need to convert Indian Rupees (INR) to Singapore Dollars (SGD). In India, a large unit of currency is known as a "crore," which is equal to 10 million rupees. But how much is 1 Indian crore in SGD?
What is a Crore?
Before we dive into the conversion, let's understand what a crore is. A crore is a unit of measurement in the Indian numbering system, which is commonly used in India, Pakistan, Bangladesh, and other countries. It is equal to 10 million, or 10,000,000.
Converting 1 Indian Crore to SGD
As of the current exchange rate, 1 Indian crore is approximately equal to:
SGD 138,000
Please note that currency exchange rates can fluctuate frequently, so this rate may not be accurate at the time of reading. We recommend checking the current exchange rate before making any conversions.
How to Convert 1 Crore to SGD
If you need to convert a specific amount of Indian rupees to Singapore dollars, you can use the following formula:
1 INR = approximately 0.018 SGD (current exchange rate)
So, to convert 1 crore (10,000,000 INR) to SGD:
10,000,000 INR x 0.018 SGD/INR = approximately 138,000 SGD
Conclusion
Converting Indian rupees to Singapore dollars can be a straightforward process once you understand the exchange rate. Remember to check the current exchange rate before making any conversions to ensure accuracy. Whether you're traveling or doing business, knowing the value of 1 Indian crore in SGD can help you make informed financial decisions.
