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Best Exchange Rates

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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 when making an International Money Transfer from INR to USD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
 
Instarem logo
139.14 USD0.01391400.75%
ICICI Bank International Money Transfers
ICICI Bank logo
133.79 USD0.013514₹1004.57%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
133.45 USD0.013479154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
133.10 USD0.013444₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:0
Exchange Rate:0.013914 (0.75% from mid-rate)
USD amount:139.14 USD
Total Cost:0.75%
Time:1:03 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
ICICI Bank: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.013514 (3.6% from mid-rate)
USD amount:133.79 USD
Total Cost:4.57%
Difference:
$5.35 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
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:0.013178 (6% from mid-rate)
USD amount:133.45 USD
Total Cost:4.81%
Difference:
$5.69 less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Indian Bank: Foreign Transfer INR→USD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.013444 (4.1% from mid-rate)
USD amount:133.10 USD
Total Cost:5.06%
Difference:
$6.04 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

INR to USD mid-rate = 0.014019

Right now the INR/USD market mid-rate is 0.014019 and represents ideally how many United States Dollar you can get for one Indian Rupee.

This INR/USD Converter calculates equivalent Indian Rupee to United States Dollar amounts at the market mid-rate:

INR / USD mid-rate converter


₹INR


$USD
1 Indian Rupee equals
0.014019 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 0.0140 USD
5 INR 0.0701 USD
10 INR 0.1402 USD
20 INR 0.2804 USD
50 INR 0.7010 USD
100 INR 1.4019 USD
250 INR 3.5048 USD
500 INR 7.0095 USD
1,000 INR 14.02 USD
2,000 INR 28.04 USD
5,000 INR 70.10 USD
10,000 INR 140.19 USD
50,000 INR 700.95 USD
100,000 INR 1,401.90 USD
See more

Indian Rupee

United States Dollar

71.33 INR 1 USD
356.66 INR 5 USD
713.31 INR 10 USD
1,426.62 INR 20 USD
3,566.56 INR 50 USD
7,133.11 INR 100 USD
17,832.78 INR 250 USD
35,665.55 INR 500 USD
71,331.10 INR 1,000 USD
142,662.20 INR 2,000 USD
356,655.50 INR 5,000 USD
713,311.00 INR 10,000 USD
3,566,555.00 INR 50,000 USD
7,133,110.00 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
10 Feb 20190.01411 Week
18 Jan 20190.01401 Month
21 Aug 20180.01436 Months
17 Feb 20180.01551 Year
17 Feb 20170.01492 Years
18 Feb 20140.01615 Years
19 Feb 20090.020110 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

6-January-2019: Like other emerging market currencies, the Indian rupee was under significant pressure in 2018, during which it made an all-time low of ₹74.5 to the dollar and fell to a 4-1/2-year low versus the euro, at ₹86.15.

Following a solid fourth quarter, the rupee had risen by early January 2019 to a 4-month high versus the dollar of ₹69.36 — appreciation worth 7 percent from October’s low — and had recovered similarly versus the euro, to ₹79.29.

Among major problems for the rupee last year was the high price of oil, which raised India’s import bill substantially, but as luck would have it, the oil market experienced a complete reversal in Q4. A $30 per barrel (40 percent) plunge in the oil price was a blessing.

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

Fitch predicted in January a 2019 year-end exchange rate of ₹75 to the dollar on the basis of further current account deterioration and tighter financing conditions.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

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