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        USD to INR Forecasts

        Analysis of recent dollar→rupee forecasts. We collate forecasts from respected FX analysts together with the latest USD to INR performance and trends.

         

        Forecasts for USD to INR

        USDINR chart
        14-DAY▼LOW1d

        According to recent exchange rate analyst forecasts and currency market updates, the USD to INR exchange rate is expected to continue its upward trend in the near term. The Indian rupee has weakened against the US dollar due to concerns about inflation and interest rate hikes resulting from rising energy prices. The surprise cut in oil production by OPEC+ in April 2023 further impacted the rupee negatively.

        Looking ahead, economists anticipate that the strength of the US dollar, which has been dominant over the past year, may eventually reverse in 2023. This reversal is expected as the Federal Reserve's interest rate hikes cycle comes to an end. As a result, the USD to INR exchange rate could potentially experience some downside pressure.

        Currently, the USD to INR exchange rate sits just above its 3-month average at 83.05, having traded within a stable range of 81.81 to 83.40, representing a 1.9% fluctuation. It is important to monitor further market developments and economic indicators to gauge the future direction of the USD to INR exchange rate.

        Compare & Save - US dollar to Indian rupee

        Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Indian rupee (INR) rates from different sources before making a conversion.

        Use our USD to INR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on dollar to rupee currency rates and the possible savings of using various providers.

         
         
        @bestfxrates : FX analysts forecast upward trend for USD to INR exchange rate amidst inflation concerns and interest rate hikes. INR weakened due to April's surprise OPEC+ production cut. Expect potential downside pressure on USD as Federal Reserve's rate hike cycle concludes. Current rate of USD to INR stands at 83.05, a 1.9% fluctuation. Stay tuned for further market developments. #USDINR #Forex #economy

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        USD to INR Market Data

        US dollar (USD) to Indian rupee (INR) market data - latest interbank mid-rate, trend, chart & historic rates.

         
        1 USD =
        83.18We compare provider deals to this wholesale mid-market rate. Read more
        INR
        USD to INR at 83.18 is just 0.6% above its 3-month average of 82.69, having traded in a stable 1.9% range from 81.81 to 83.40
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          1 INR = 0.012022 USD
        14-DAY▼LOW1d
         
        DateUSD/INRChangePeriod
        15 Sep 2023
        83.10
        		0.1% ▲2 Week
        01 Jul 2023
        82.10
        		1.3% ▲3 Month
        29 Sep 2022
        81.48
        		2.1% ▲1 Year
        30 Sep 2018
        72.51
        		14.7% ▲5 Year
        01 Oct 2013
        62.57
        		32.9% ▲10 Year
        04 Oct 2003
        45.29
        		83.7% ▲20 Year
        USD/INR historic rates & change to 29-Sep-2023
         

        Will the US dollar rise against the Indian rupee?

        It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

        To help with this you can add USD/INR to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

         
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        Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

        Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.

         
         
         

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        Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more