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.
Indian Rupee to Euro - Quick Conversions
|
INR |
EUR |
| ₹ 88.72 |
€ 1 |
| ₹ 443.60 |
€ 5 |
| ₹ 887.20 |
€ 10 |
| ₹ 1,774 |
€ 20 |
| ₹ 4,436 |
€ 50 |
| ₹ 8,872 |
€ 100 |
| ₹ 22,180 |
€ 250 |
| ₹ 44,360 |
€ 500 |
| ₹ 88,720 |
€ 1,000 |
| ₹ 177,440 |
€ 2,000 |
| ₹ 443,600 |
€ 5,000 |
| ₹ 887,200 |
€ 10,000 |
| ₹ 4,436,000 |
€ 50,000 |
| ₹ 8,872,000 |
€ 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)
The Indian rupee was Asia’s worse performing currency in 2020, but compared to previous crises has performed relatively well.
Get more details in the article Indian Rupee Forecasts.
Euro (EUR)
Swiss bank UBS see the EUR/USD rate to rise near 1.27 by the end of 2021 as the world recovers from the pandemic and has less need for USD as a safe haven.
Get more details in the article Euro Forecasts.
How to get Good 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/EUR | Period |
|---|
| 0.0113 19 Jan 2021 | 1 Week |
| 0.0111 27 Dec 2020 | 30 Days |
| 0.0115 28 Oct 2020 | 90 Days |
| 0.0127 27 Jan 2020 | 1 Year |
| 0.0134 28 Jan 2016 | 5 Years |
| 0.0160 29 Jan 2011 | 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.
⚇
View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.