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INR/EUR - Rate Guide

Indian Rupee to Euro exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.


INR/EUR Exchange Rates and Providers Compared

This guide to the Indian Rupee to Euro exchange rate with 90-day chart & alerts, historic rates, forecasts and INR to EUR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the INR/EUR Calculator.

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INR/EUR - 90 Day Rate Alerts

1 INR = 0.012843 EUR

INR/EUR over the last 90 days

View INR/EUR - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for INR/EUR International Money Transfers. Costs are calculated against the current interbank mid-rate.


INR to EUR International Money Transfers


Foreign Transfer ProvidersReceive EUR(€)Exchange RateFee INRTotal CostDeal Links
Instarem logo
126.52 EUR0.01265200.75%
ICICI Bank International Money Transfers
ICICI Bank logo
121.66 EUR0.012289₹1004.57%
Banks - Average Rate
Indian Bank logo ICICI Bank logo
121.35 EUR0.012257154.81%
Indian Bank International Money Transfers
Indian Bank logo
121.03 EUR0.012225₹1005.06%

Instarem logo

Instarem: Foreign Transfer INR→EUR
From Amount:10,000 INR
Exchange Rate:0.012652 (0.75% from mid-rate)
To Amount:126.52 EUR
Total Cost:0.75%
Time:1:04 Local
Transfer Speed:
: 3.9/5.0

ICICI Bank logo

ICICI Bank: Foreign Transfer INR→EUR
From Amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.012289 (3.6% from mid-rate)
To Amount:121.66 EUR
Total Cost:4.57%
4.86 EUR less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

Banks - Average Rate

Foreign Transfer INR→EUR
From Amount:10,000 INR
Exchange Rate:0.011983 (6% from mid-rate)
To Amount:121.35 EUR
Total Cost:4.81%
5.17 EUR less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers

Indian Bank logo

Indian Bank: Foreign Transfer INR→EUR
From Amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.012225 (4.1% from mid-rate)
To Amount:121.03 EUR
Total Cost:5.06%
5.49 EUR less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0
Snapshot 09/23/2019 - See full table

INR / EUR converter & margin calculator


Compare how much you can save on INR/EUR exchange rates for:

Foreign Transfers

Foreign Transfers Travel Money

Indian Rupee


1 INR 0.0128 EUR
5 INR 0.0642 EUR
10 INR 0.1284 EUR
20 INR 0.2569 EUR
50 INR 0.6422 EUR
100 INR 1.2843 EUR
250 INR 3.2108 EUR
500 INR 6.4215 EUR
1,000 INR 12.84 EUR
2,000 INR 25.69 EUR
5,000 INR 64.22 EUR
10,000 INR 128.43 EUR
50,000 INR 642.15 EUR
100,000 INR 1,284.30 EUR
See more

Indian Rupee


77.86 INR 1 EUR
389.31 INR 5 EUR
778.63 INR 10 EUR
1,557.25 INR 20 EUR
3,893.14 INR 50 EUR
7,786.27 INR 100 EUR
19,465.68 INR 250 EUR
38,931.35 INR 500 EUR
77,862.70 INR 1,000 EUR
155,725.40 INR 2,000 EUR
389,313.50 INR 5,000 EUR
778,627.00 INR 10,000 EUR
3,893,135.00 INR 50,000 EUR
7,786,270.00 INR 100,000 EUR
See more
Country Guides (INR & EUR)
EurozoneEurozone (EUR)IndiaIndia (INR)Aaland IslandsAaland Islands (EUR)
AndorraAndorra (EUR)AustriaAustria (EUR)BelgiumBelgium (EUR)
CyprusCyprus (EUR)EstoniaEstonia (EUR)FinlandFinland (EUR)
FranceFrance (EUR)French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)
GermanyGermany (EUR)GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)
Vatican CityVatican City (EUR)IrelandIreland (EUR)ItalyItaly (EUR)
LuxembourgLuxembourg (EUR)MaltaMalta (EUR)MartiniqueMartinique (EUR)
MayotteMayotte (EUR)MonacoMonaco (EUR)MontenegroMontenegro (EUR)
NetherlandsNetherlands (EUR)PortugalPortugal (EUR)ReunionReunion (EUR)
Saint BarthélemySaint Barthélemy (EUR)Saint MartinSaint Martin (EUR)Saint Pierre And MiquelonSaint Pierre And Miquelon (EUR)
San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)
SpainSpain (EUR)

INR/EUR - Historical Trends

This table shows historic rates and trends of Indian Rupee to Euro over periods upto 10 years.

1 Day0.012715 Sep 2019
7 Day0.012609 Sep 2019
30 Day0.012717 Aug 2019
3 Month0.012918 Jun 2019
1 Year0.011916 Sep 2018
5 Year0.012817 Sep 2014
10 Year0.014118 Sep 2009

You can use our INR interactive charts to check INREUR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.


INR and EUR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the INR vs EUR, you should pay attention to the recent market trends for both currencies.


Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR Forecasts.


Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR Forecasts.

Why can't I just get the INR/EUR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the INR / EUR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.


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