The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to INR Market Data
Euro (EUR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: EUR/USD is range-bound, trading near the 90-day average and in the middle of its three-month range, with limited immediate shifts as traders await...
Bias
bullish-to-range-bound, as EUR/INR is above its 90-day average and in the upper half of the 3-month range.
Key drivers
- Rate gap: ECB policy remains neutral with inflation easing, while the RBI keeps a tight watch on flows and continues FX interventions to defend the rupee.
- Oil trend: Crude holds near multi-week highs with volatility, lifting India’s import bill and nudging INR weaker, which tends to lift EUR/INR.
- Macro: India’s widening trade deficit and substantial capital outflows keep INR under pressure, creating a bias for a firmer euro against the rupee.
Range
EUR/INR is likely to drift within the 3-month range, with a tendency to test the upper end if risk appetite improves and oil remains firm, while dips stay shallow.
What could change it
- Upside risk: unexpected Eurozone data stronger than expected or an ECB hawkish tilt could push the euro higher and lift EUR/INR.
- Downside risk: stronger INR from additional RBI support or a softer dollar reducing demand for euros could push EUR/INR toward the middle or lower end of the range.
EUR/INR sits above its 90-day avg and in the upper half of the 3-month range, biasing to a range-bound move. A firmer euro could test the upper end if risk appetite improves and oil stays firm; RBI FX flows keep INR under pressure
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EUR to INR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to INR?
The best EUR to INR exchange rate is 104.44 from XE. This is -0.6% compared to the mid-market rate 105.07.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Indian rupee (INR) rates from different sources before making a conversion.
The above
Euro to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-INR mid-rate and the possible savings of using various providers.
How do EUR-INR rates compare between providers?
Looking at the full
EUR to INR - Send Money comparison table the provider with the best EUR to INR exchange rate is XE at 104.44, -0.6% from the latest mid-market rate 105.07.
The next best is Wise at 104.31, -0.72% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.