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INR to EUR - Best Rates Guide

We review Indian Rupee to Euro latest & historic FX rates along with recent INR/EUR Trend and Alerts.

 

Latest wholesale rate

1 INR = 0.011178 EUR
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Indian Rupee to Euro
- Trend & Alerts

INREUR at 0.011185 is 2.6% below its 90-DAY average, range 0.011178-0.011673.
đź”” INREUR is DOWN 0.8% TODAY.
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Alert:1-DAYâ–Ľ0.8% |
 
INR to EUR chart
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Comparing INR to EUR Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale INR/EUR rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for INR to EUR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Indian Rupee to Euro - Quick Conversions

INR EUR
₹ 1 0.0112
₹ 5 0.0559
₹ 10 0.1118
₹ 20 0.2236
₹ 50 0.5589
₹ 100 1.1178
₹ 250 2.7945
₹ 500 5.5890
₹ 1,000 11.18
₹ 2,000 22.36
₹ 5,000 55.89
₹ 10,000 111.78
₹ 50,000 558.90
₹ 100,000 1,118
More amounts
INR EUR
89.46 € 1
447.30 € 5
894.60 € 10
1,789 € 20
4,473 € 50
8,946 € 100
22,365 € 250
44,730 € 500
89,460 € 1,000
178,920 € 2,000
447,300 € 5,000
894,600 € 10,000
4,473,000 € 50,000
8,946,000 € 100,000
More amounts

Calculate other INR/EUR amounts (from or to) at mid-market with our INR to EUR Calculator .

Indian Rupee and Euro - Market News

 

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)

INR gained more than 2% in 3Q, despite having an economy ravaged by 6.6 million coronavirus infections. The support for the Indian rupee comes from a rare current account surplus, and billions of dollars in inflows.

Get more details in the article Indian Rupee Forecasts.

 

Euro (EUR)

The Euro has struggled in early November dropping to 30-DAY-LOWS due to the COVID-19 second-wave outbreak with France, Italy, and Germany – the Eurozone’s three largest economies – entering lockdowns once more. The markets fear that poor economic results will continue through the end of the year.

Get more details in the article Euro Forecasts.

         

How to get Best INR to EUR Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Indian Rupee vs Euro current value is to look the INR/EUR historic rate and change over a range of periods.

The following table looks at the change in the INR to EUR exchange rate over periods from the previous week back to the last 10 years.

INR/EURPeriod
0.0114
24 Nov 2020
1 Week
0.0115
01 Nov 2020
30 Days
0.0115
02 Sep 2020
90 Days
0.0126
02 Dec 2019
1 Year
0.0137
03 Dec 2015
5 Years
0.0166
04 Dec 2010
10 Years

INR/EUR 10 year historic rates

 
   

Will the Indian Rupee rise against the Euro?

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 INR/EUR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 
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View My Alerts

 

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.