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INR to EUR - Compare Exchange Rates

Indian Rupee to Euro - Convert Compare Save

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


Compare INR/EUR Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from INR to EUR. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive EUR(€)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
Instarem logo
123.08 EUR0.01230800.75%
ICICI Bank International Money Transfers
ICICI Bank logo
118.35 EUR0.011955₹1004.56%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
118.04 EUR0.011924154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
117.74 EUR0.011893₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→EUR
INR amount:10,000 INR
Exchange Rate:0.012308 (0.75% from mid-rate)
EUR amount:123.08 EUR
Total Cost:0.75%
Time:1:03 Local
Transfer Speed:
: 3.9/5.0
ICICI Bank: Foreign Transfer INR→EUR
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.011955 (3.6% from mid-rate)
EUR amount:118.35 EUR
Total Cost:4.56%
€4.73 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

Banks - Average Rate
Indian Bank logo ICICI Bank logo

Foreign Transfer INR→EUR
INR amount:10,000 INR
Exchange Rate:0.011657 (6% from mid-rate)
EUR amount:118.04 EUR
Total Cost:4.81%
€5.04 less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Indian Bank: Foreign Transfer INR→EUR
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.011893 (4.1% from mid-rate)
EUR amount:117.74 EUR
Total Cost:5.06%
€5.34 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

INR to EUR mid-rate = 0.012396

Right now the INR/EUR market mid-rate is 0.012396 and represents ideally how many Euro you can get for one Indian Rupee.

This INR/EUR Converter calculates equivalent Indian Rupee to Euro amounts at the market mid-rate:

INR / EUR mid-rate converter


1 Indian Rupee equals
0.012396 Euro

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

Foreign Transfers

3 Month INR to EUR Chart
Loading INR/EUR rates

Indian Rupee


1 INR 0.0124 EUR
5 INR 0.0620 EUR
10 INR 0.1240 EUR
20 INR 0.2479 EUR
50 INR 0.6198 EUR
100 INR 1.2396 EUR
250 INR 3.0990 EUR
500 INR 6.1980 EUR
1,000 INR 12.40 EUR
2,000 INR 24.79 EUR
5,000 INR 61.98 EUR
10,000 INR 123.96 EUR
50,000 INR 619.80 EUR
100,000 INR 1,239.60 EUR
See more

Indian Rupee


80.67 INR 1 EUR
403.35 INR 5 EUR
806.71 INR 10 EUR
1,613.42 INR 20 EUR
4,033.55 INR 50 EUR
8,067.09 INR 100 EUR
20,167.73 INR 250 EUR
40,335.45 INR 500 EUR
80,670.90 INR 1,000 EUR
161,341.80 INR 2,000 EUR
403,354.50 INR 5,000 EUR
806,709.00 INR 10,000 EUR
4,033,545.00 INR 50,000 EUR
8,067,090.00 INR 100,000 EUR
See more

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Indian Rupee to Euro (INR-EUR) - 10 Year History

The below table shows the historic variation in the INR/EUR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of INR versus other currencies : INR historical charts.

DateExchange RatePeriod
10 Feb 20190.01241 Week
18 Jan 20190.01231 Month
21 Aug 20180.01246 Months
17 Feb 20180.01251 Year
17 Feb 20170.01402 Years
18 Feb 20140.01175 Years
19 Feb 20090.015910 Years

Why can't I just get the INR/EUR market rate I see on Google or in the Media?

The INR/EUR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the INR / EUR was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market INR/EUR midrate the better deal you are getting.

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

The three things you need in order to get a good INR to EUR exchange rate

  1. Know the latest INR/EUR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Indian Rupee and Euro

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the INR vs EUR, you should pay attention to both Indian Rupee and Euro news and forecasts.

Indian Rupee (INR) - Market news and forecasts

6-January-2019: Like other emerging market currencies, the Indian rupee was under significant pressure in 2018, during which it made an all-time low of ₹74.5 to the dollar and fell to a 4-1/2-year low versus the euro, at ₹86.15.

Following a solid fourth quarter, the rupee had risen by early January 2019 to a 4-month high versus the dollar of ₹69.36 — appreciation worth 7 percent from October’s low — and had recovered similarly versus the euro, to ₹79.29.

Among major problems for the rupee last year was the high price of oil, which raised India’s import bill substantially, but as luck would have it, the oil market experienced a complete reversal in Q4. A $30 per barrel (40 percent) plunge in the oil price was a blessing.

Political uncertainty (never good for a currency’s valuation) is likely to emerge in 2019; expectations are for a tough electoral battle for current Indian prime minister Narendra Modi.

Fitch predicted in January a 2019 year-end exchange rate of ₹75 to the dollar on the basis of further current account deterioration and tighter financing conditions.

Euro (EUR) - Market news and forecasts

13-February-19: 2018 was a mixed year for the euro. A 5 percent loss versus the US dollar was offset by a 6 percent gain versus the Australian dollar and small gains against other majors.

Since November, the euro has been remarkably stable against the US dollar, against which it has traded for the most part between $1.125 and $1.15. The euro was quoted towards the low of this range at $1.128 at the time of writing, down 1.5 percent year-to-date.

At the time of writing, euro-pound was 2.5 percent lower on the year at £0.876. Most price action since September has been between £0.865 and £0.91.

The euro is understandably under pressure in early 2019 ahead of Brexit, which more than ever is a source of uncertainty, and on increasing recession risks — Italy slid into recession in February and Germany barely escaped one in the October-December period.

The main euro-supporting factor this year would be an interest rate hike by the ECB, although this is up in the air considering the aforementioned risks.

Forecasts: In February, the head of strategy at BMO Capital Markets predicted a decline in EUR/USD to 1.11 by the end of April. Experts at Natwest predicted a slide in EUR/GBP to £0.85 by mid-year.

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