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INR to EUR - Exchange Rates

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.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 INR = 0.012048 EUR

   Sell INR / Buy EUR  Switch

INR to EUR 90-Day Trend
ALERT:1-DAY0.7% 🔔|
INR/EUR at 0.012044 was trading 3.4% below AVG:0.01247 with LO:0.011739 and HI:0.012939 (90 days). ALERT: Today INR/EUR is DOWN 0.7%
10-APR 1AM-NY 6AM-LON 1PM-HK 3PM-SYD

Convert INR to EUR More Charts


Quick Conversions from Indian Rupee to Euro

INR EUR
₹ 1 0.0120
₹ 5 0.0602
₹ 10 0.1205
₹ 20 0.2410
₹ 50 0.6024
₹ 100 1.2048
₹ 250 3.0120
₹ 500 6.0240
₹ 1,000 12.05
₹ 2,000 24.10
₹ 5,000 60.24
₹ 10,000 120.48
₹ 50,000 602.40
₹ 100,000 1,205
More amounts
INR EUR
83.00 € 1
415.00 € 5
830.00 € 10
1,660 € 20
4,150 € 50
8,300 € 100
20,750 € 250
41,500 € 500
83,000 € 1,000
166,000 € 2,000
415,000 € 5,000
830,000 € 10,000
4,150,000 € 50,000
8,300,000 € 100,000
More amounts

To calculate your own INR/EUR amounts use our Convert INR to EUR quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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 Provider Receive EUR(€) Exchange RateFee INRDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
115.04
4.56%
0.01162₹100
Banks - Average Rate
Indian Bank logo ICICI Bank logo
114.74
4.81%
0.01159015
Indian Bank International Money Transfers
Indian Bank logo
114.44
5.06%
0.01156₹100
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011620 (3.6% from mid-rate)
To Amount (EUR)115.04
Total Cost:4.56%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.011331 (6% from mid-rate)
To Amount (EUR)114.74
Total Cost:4.81%
Difference:
€0.3 EUR less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011560 (4.1% from mid-rate)
To Amount (EUR)114.44
Total Cost:5.06%
Difference:
€0.6 EUR less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
  

INR to EUR International Money Transfers

  

Foreign Transfer Provider Receive EUR(€) Exchange RateFee INRDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
115.04
4.56%
0.01162₹100
Banks - Average Rate
Indian Bank logo ICICI Bank logo
114.74
4.81%
0.01159015
Indian Bank International Money Transfers
Indian Bank logo
114.44
5.06%
0.01156₹100
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011620 (3.6% from mid-rate)
To Amount (EUR)115.04
Total Cost:4.56%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.011331 (6% from mid-rate)
To Amount (EUR)114.74
Total Cost:4.81%
Difference:
€0.3 EUR less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011560 (4.1% from mid-rate)
To Amount (EUR)114.44
Total Cost:5.06%
Difference:
€0.6 EUR less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
  

INR to EUR International Money Transfers

  

Foreign Transfer Provider Receive EUR(€) Exchange RateFee INRDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
115.04
4.56%
0.01162₹100
Banks - Average Rate
Indian Bank logo ICICI Bank logo
114.74
4.81%
0.01159015
Indian Bank International Money Transfers
Indian Bank logo
114.44
5.06%
0.01156₹100
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011620 (3.6% from mid-rate)
To Amount (EUR)115.04
Total Cost:4.56%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.011331 (6% from mid-rate)
To Amount (EUR)114.74
Total Cost:4.81%
Difference:
€0.3 EUR less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011560 (4.1% from mid-rate)
To Amount (EUR)114.44
Total Cost:5.06%
Difference:
€0.6 EUR less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
  

INR to EUR International Money Transfers

  

Foreign Transfer Provider Receive EUR(€) Exchange RateFee INRDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
115.04
4.56%
0.01162₹100
Banks - Average Rate
Indian Bank logo ICICI Bank logo
114.74
4.81%
0.01159015
Indian Bank International Money Transfers
Indian Bank logo
114.44
5.06%
0.01156₹100
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011620 (3.6% from mid-rate)
To Amount (EUR)115.04
Total Cost:4.56%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.011331 (6% from mid-rate)
To Amount (EUR)114.74
Total Cost:4.81%
Difference:
€0.3 EUR less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→EUR
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.011560 (4.1% from mid-rate)
To Amount (EUR)114.44
Total Cost:5.06%
Difference:
€0.6 EUR less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

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 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)

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

In 2019 the rupee did remarkably well despite a 35 percent rise in the oil price last year (oil is India's largest import).

In early May 2019, 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 2018.

Read more in the article INR Forecasts.

 

Euro (EUR)

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

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.

Read more in the article EUR Forecasts.


How to get Best INR to EUR Exchange Rates

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).

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.

What is a good INR to EUR exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the INR to EUR exchange rate to the present day for periods going back upto 10 years.

PeriodINR/EURDate
1 Day0.012030 Mar 2020
7 Day0.012224 Mar 2020
30 Day0.012501 Mar 2020
3 Month0.012501 Jan 2020
1 Year0.012901 Apr 2019
5 Year0.014802 Apr 2015
10 Year0.016503 Apr 2010

When is the best time to exchange INR to EUR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all INR Exchange Rates