By Tahir Qureshi

Copyright india

New Delhi: The Indian rupee is certainly weak compared to the Singapore dollar but this gives us an opportunity to understand the strengths and challenges of the economies of both countries.
Singapores official currency is the Singapore dollar (S$). According to a Wise report 1 Singapore dollar is equal to 68.57 Indian rupees as of Friday 26 September 2025.
How much will 1 lakh Singapore dollars be in Indian rupees?
If an Indian earns 1 lakh dollars in Singapore it is approximately Rs 6857800 in Indian rupees. This is why the Singapore dollar is considered quite strong compared to the Indian rupee.
This difference not only reflects the strength of the currency but also highlights the differences in the economies of the two countries. While the Indian rupee symbolises an emerging economy the Singapore dollar represents a developed and stable economy.
Singapores economy
Singapores economy is considered one of the most reliable economies not only in Asia but also in the world. The biggest reason for this is the Monetary Authority of Singapore (MAS). This institution periodically implements policies and changes to keep the countrys currency regulated and stable.
Singapore is a global financial hub. Its banking sector is strong foreign investment levels are high and the business environment is considered highly transparent. This is why both investors and businesses consider the Singapore dollar a reliable currency.
Indian rupee
In contrast the Indian rupee is relatively weak internationally. This is due to factors such as Indias large population export-import imbalance and high inflation rate.
Like India Singapore also has a variety of currency notes and coins. Notes of 2 5 10 50 100 1000 and 10000 Singapore dollars are in circulation while coins of 5 10 20 50 cents and 1 Singapore dollar are in circulation.
Indian community in Singapore
According to Singapores Home and Law Minister K. Shanmugam the Indian community in Singapore has improved its education and income levels. Citing national statistics he pointed to the progress made over the past two decades. He stated that the income of people of Indian origin has increased by 40 per cent in the last 10 years. The average income of people of Indian origin has increased from 6000 Singapore dollars to 8500.
Singapores official currency is the Singapore dollar.
1 Singapore dollar is equal to 68.57 Indian rupees as of Friday 26 September 2025.
If an Indian earns 1 lakh dollars in Singapore it is approximately Rs 6857800 in Indian rupees.
This difference reflects the strength of the currency and the differences in the economies of the two countries.
Singapore is a global financial hub. Its banking sector is strong foreign investment levels are high and the business environment is considered highly transparent. This is why both investors and businesses consider the Singapore dollar a reliable currency.