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INR to USD Calculator

Indian Rupee to United States Dollar - Convert Compare Save

INR to USD mid-rate = 0.013932

Right now the INR/USD market mid-rate is 0.013932 and represents ideally how many United States Dollar you can get for one Indian Rupee.

You can calculate equivalent Indian Rupee to United States Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for INR to USD transfers or buying USD travel money.

INR / USD Converter


₹INR


$USD
1 Indian Rupee equals
0.013932 United States Dollar

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

Foreign Transfers

 
 
3 Month INR to USD Chart
Loading INR/USD rates

Indian Rupee

United States Dollar

1 INR 0.0139 USD
5 INR 0.0697 USD
10 INR 0.1393 USD
20 INR 0.2786 USD
50 INR 0.6966 USD
100 INR 1.3932 USD
250 INR 3.4830 USD
500 INR 6.9660 USD
1,000 INR 13.93 USD
2,000 INR 27.86 USD
5,000 INR 69.66 USD
10,000 INR 139.32 USD
50,000 INR 696.60 USD
100,000 INR 1,393.20 USD
See more

Indian Rupee

United States Dollar

71.78 INR 1 USD
358.88 INR 5 USD
717.76 INR 10 USD
1,435.52 INR 20 USD
3,588.81 INR 50 USD
7,177.61 INR 100 USD
17,944.03 INR 250 USD
35,888.05 INR 500 USD
71,776.10 INR 1,000 USD
143,552.20 INR 2,000 USD
358,880.50 INR 5,000 USD
717,761.00 INR 10,000 USD
3,588,805.00 INR 50,000 USD
7,177,610.00 INR 100,000 USD
See more

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Indian Rupee to United States Dollar (INR-USD) - 10 Year History

The below table shows the historic variation in the INR/USD 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
02 Dec 20180.01431 Week
09 Nov 20180.01381 Month
12 Jun 20180.01486 Months
09 Dec 20170.01551 Year
09 Dec 20160.01482 Years
10 Dec 20130.01645 Years
11 Dec 20080.020810 Years

Best Rates for INR/USD Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from INR to USD.

Compare INR to USD Foreign Transfers vs the Banks

ProvidersAmount USD($)Exchange RateFee INRTotal CostTransfer SpeedTransfer ServicesReviewsDeal Links
Instarem logo
138.70 USD0.0138700.75%1-2 daysOnline, Bank Account to Bank Account
 
ICICI Bank
ICICI Bank logo
133.37 USD0.013472₹1004.57%2-3 daysOnline, Branch, Bank Account to Bank Account
Average Rate:
Banks - Average Rate
Indian Bank logo ICICI Bank logo
133.03 USD0.013437154.81%2-3 daysOnline, Branch, Bank Account to Bank Account
Indian Bank
Indian Bank logo
132.68 USD0.013402₹1005.06%2-3 daysOnline, Branch, Bank Account to Bank Account
Instarem: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:0
Exchange Rate:0.013870 (0.75% from mid-rate)
USD amount:138.70 USD
Total Cost:0.75%
Time:1:03 Local
Transfer Speed:1-2 days
Services:Online, Bank Account to Bank Account
Rating:
 
: 3.9/5.0
Reviews:
ICICI Bank: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.013472 (3.6% from mid-rate)
USD amount:133.37 USD
Total Cost:4.57%
Difference:
USD5.33 USD less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Indian Bank logo ICICI Bank logo

Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:15
Exchange Rate:0.013136 (6% from mid-rate)
USD amount:133.03 USD
Total Cost:4.81%
Difference:
USD5.67 USD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Indian Bank: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.013402 (4.1% from mid-rate)
USD amount:132.68 USD
Total Cost:5.06%
Difference:
USD6.02 USD less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/14/2018.
Total Cost = Fee + exchange rate margin vs INR/USD mid-rate: 0.013975


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

The INR/USD 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 / USD 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/USD 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 USD exchange rate

  1. Know the latest INR/USD 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, Research and Forecasts for Indian Rupee and United States Dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

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

Indian Rupee (INR) - Market news and forecasts

Like other emerging market currencies, the Indian rupee has been under significant pressure in 2018. It made an all-time low in October of 74.5 to the dollar and fell to a 4-1/2-year low versus the euro, which bought 86.15 rupees.

By the time of this report (November-21), the rupee had, though, recovered somewhat, reaching its strongest levels of the fourth quarter. Recoveries worth 5 and 6 percent against the dollar and euro respectively had USD/INR and EUR/INR trading at 70.92 and 80.974.

Among major problems for the rupee in 2018 has been the high price of oil, which raises India’s import bill substantially, but as luck would have it, the oil market has experienced a complete reversal in Q4. A $24 per barrel (30 percent) plunge in the oil price over 7 weeks is a blessing.

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

One analyst said in November that the rupee would likely end 2018 stronger at 68 per US dollar.

United States Dollar (USD) - Market news and forecasts

2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.

Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.

In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.

J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.


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