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Understanding the Table:
The comparison table above helps you see the total cost of your Indian Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Indian rupee (INR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
INR/EUR Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by the widening trade deficit in India.
INR/USD Outlook: Slightly weaker, but likely to move sideways as the rate is currently below its recent average and near recent lows due to several pressures.
USD/EUR Outlook: The outlook for USD/EUR is bearish, as it remains below its recent average and near recent lows, under pressure from multiple factors.
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
*Converted at the current INR-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Indian Bank INR to EUR exchange rate is 0.0088. This is -3.6% compared to the latest INR-EUR mid-market rate 0.009126.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to Euro (EUR) rates from different sources before making a conversion.
The above Indian Bank - Rupee to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Indian Bank and other foreign exchange providers against the latest INR-EUR mid-rate and the possible savings of using various providers.
Looking at the full INR to EUR - Send Money comparison table the provider with the best INR to EUR exchange rate is Wise at 0.009, -1.4% from the latest mid-market rate 0.009126.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Indian Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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