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INR to USD - Compare Exchange Rates

Indian Rupee to United States Dollar - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare INR/USD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for INR/USD International Money Transfers. Costs are calculated against the amount when INR is converted to USD at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
 
Instarem logo
142.39 USD0.01423900.75%
ICICI Bank International Money Transfers
ICICI Bank logo
136.93 USD0.013831₹1004.56%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
136.57 USD0.013795154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
136.21 USD0.013759₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:0
Exchange Rate:0.014239 (0.75% from mid-rate)
USD amount:142.39 USD
Total Cost:0.75%
Time:1:04 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
 

ICICI Bank logoICICI Bank

ICICI Bank: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.013831 (3.6% from mid-rate)
USD amount:136.93 USD
Total Cost:4.56%
Difference:
5.46 USD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:15
Exchange Rate:0.013486 (6% from mid-rate)
USD amount:136.57 USD
Total Cost:4.81%
Difference:
5.82 USD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Indian Bank logoIndian Bank

Indian Bank: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.013759 (4.1% from mid-rate)
USD amount:136.21 USD
Total Cost:5.06%
Difference:
6.18 USD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

INR to USD interbank exchange rate = 0.014336

Right now the INR/USD interbank exchange rate is 0.014336. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert United States Dollar to Indian Rupee.

This INR/USD Converter calculates equivalent Indian Rupee to United States Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

INR / USD converter & margin calculator


₹INR
$USD
Mid-rates:
 

Foreign Transfers Travel Money

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INR/USD exchange rates for:

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Indian Rupee

United States Dollar

1 INR 0.0143 USD
5 INR 0.0717 USD
10 INR 0.1434 USD
20 INR 0.2867 USD
50 INR 0.7168 USD
100 INR 1.4336 USD
250 INR 3.5840 USD
500 INR 7.1680 USD
1,000 INR 14.34 USD
2,000 INR 28.67 USD
5,000 INR 71.68 USD
10,000 INR 143.36 USD
50,000 INR 716.80 USD
100,000 INR 1,433.60 USD
See more

Indian Rupee

United States Dollar

69.75 INR 1 USD
348.77 INR 5 USD
697.54 INR 10 USD
1,395.07 INR 20 USD
3,487.68 INR 50 USD
6,975.35 INR 100 USD
17,438.38 INR 250 USD
34,876.75 INR 500 USD
69,753.50 INR 1,000 USD
139,507.00 INR 2,000 USD
348,767.50 INR 5,000 USD
697,535.00 INR 10,000 USD
3,487,675.00 INR 50,000 USD
6,975,350.00 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
14 Apr 20190.01451 Week
22 Mar 20190.01451 Month
23 Oct 20180.01376 Months
21 Apr 20180.01511 Year
21 Apr 20170.01552 Years
22 Apr 20140.01655 Years
23 Apr 20090.020010 Years

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 and forecasts for Indian Rupee and United States Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative 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

In the second week of March, the rupee was little changed on the year (<1 percent difference) against the dollar at rates near ₹70. It was, however, considerably higher than its record low of ₹74.52, achieved in October. The rupee hasn’t done badly in 2019 considering the 23 percent rise in the price of oil (India’s biggest import). Political uncertainty (never good for a currency’s valuation) is likely to emerge as we approach May’s election. A tough battle is expected for current Indian Prime Minister Narendra Modi and his Bharatiya Janata Party. Should the BJP be defeated, “the rupee could potentially spike to 74,” a Radobank economist said. In March, the Economic Times reported the results of a poll of 50 foreign exchange experts, who collectively estimated a year-end USD/INR rate of ₹71.3. This differed from January’s forecast from the Fitch ratings agency, which said it expects ₹75 on the basis of further current account deterioration and tighter financing conditions.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.