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USD/INR - Rate Guide

United States Dollar to Indian Rupee exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD/INR Exchange Rates and Providers Compared

This guide to the United States Dollar to Indian Rupee exchange rate with 90-day chart & alerts, historic rates, forecasts and USD to INR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the USD/INR Calculator.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that it is more difficult (but not impossible) to purchase the currency before departure and may need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees. Compare Travel Cards

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USD/INR - 90 Day Rate Alerts

1 USD = 71.206 INR

NO ALERTS for USD/INR
USD/INR over the last 90 days

View USD/INR - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for USD/INR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

USD to INR International Money Transfers

  

Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee USDTotal CostDeal Links
XE logo
703,200 INR
Best Overall
70.3201.24%
OFX logo
690,500 INR
12,700 INR
69.050^3.03%
Wells Fargo Bank logo
675,482 INR
27,718 INR
67.67185.14%
HSBC logo
674,986 INR
28,214 INR
67.6$155.21%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
670,851 INR
32,349 INR
67.48155.79%
Bank of America International Money Transfers
Bank of America logo
666,468 INR
36,732 INR
67.32$1006.4%
U.S. Bank International Money Transfers
U.S. Bank logo
666,468 INR
36,732 INR
67.32$1006.4%
 

XE logo

XE: Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:
Exchange Rate:70.32 (1.24% from mid-rate)
To Amount:703,200 INR
Total Cost:1.24%
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:69.05 (3.03% from mid-rate)
To Amount:690,500 INR
Total Cost:3.03%
Difference:
12,700 INR less than using XE
Time:
Rate Fetched: Sun Sep 22 2019 05:03:31 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logo

Wells Fargo Bank: Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:18
Exchange Rate:67.67 (4.97% from mid-rate)
To Amount:675,482 INR
Total Cost:5.14%
Difference:
27,718 INR less than using XE
Time:6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:67.6 (5.06% from mid-rate)
To Amount:674,986 INR
Total Cost:5.21%
Difference:
28,214 INR less than using XE
Time:6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:15
Exchange Rate:67.19 (5.64% from mid-rate)
To Amount:670,851 INR
Total Cost:5.79%
Difference:
32,349 INR less than using XE
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logo

Bank of America: Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:$100 USD (1%)
Exchange Rate:67.32 (5.46% from mid-rate)
To Amount:666,468 INR
Total Cost:6.4%
Difference:
36,732 INR less than using XE
Time:6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logo

U.S. Bank: Foreign Transfer USD→INR
From Amount:10,000 USD
Fee:$100 USD (1%)
Exchange Rate:67.32 (5.46% from mid-rate)
To Amount:666,468 INR
Total Cost:6.4%
Difference:
36,732 INR less than using XE
Time:6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 09/22/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount INR(₹)Exchange RateFee USDTotal CostDeal Links
Travelex Online US logo
54,590 INR
Best Overall
54.58970^23.34%
U.S. Bank Foreign Currency
U.S. Bank logo
52,950 INR
1,640 INR
52.95025.64%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
52,421 INR
2,169 INR
52.95$1026.38%
Wells Fargo Bank logo
51,891 INR
2,699 INR
52.95$2027.13%
 

Travelex Online US logo

Travelex Online US: Travel Money USD→INR
From Amount:1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:54.5897 (23.34% from mid-rate)
To Amount:54,590 INR
Total Cost:23.34%
Time:
Rate Fetched: Thu Feb 15 2018 16:45:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

U.S. Bank logo

U.S. Bank: Travel Money USD→INR
From Amount:1,000 USD
Fee:0
Exchange Rate:52.95 (25.64% from mid-rate)
To Amount:52,950 INR
Total Cost:25.64%
Time:6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→INR
From Amount:1,000 USD
Fee:$10 USD (1%)
Exchange Rate:62.31 (12.49% from mid-rate)
To Amount:52,421 INR
Total Cost:26.38%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logo

Wells Fargo Bank: Travel Money USD→INR
From Amount:1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:52.95 (25.64% from mid-rate)
To Amount:51,891 INR
Total Cost:27.13%
Time:6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 09/22/2019 - See full table

USD / INR converter & margin calculator

$USD
₹INR
mid-rates

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

Foreign Transfers Travel Money

Foreign Transfers Travel Money

United States Dollar

Indian Rupee

1 USD 71.21 INR
5 USD 356.03 INR
10 USD 712.06 INR
20 USD 1,424.12 INR
50 USD 3,560.30 INR
100 USD 7,120.60 INR
250 USD 17,801.50 INR
500 USD 35,603.00 INR
1,000 USD 71,206.00 INR
2,000 USD 142,412.00 INR
5,000 USD 356,030.00 INR
10,000 USD 712,060.00 INR
50,000 USD 3,560,300.00 INR
100,000 USD 7,120,600.00 INR
See more

United States Dollar

Indian Rupee

0.0140 USD 1 INR
0.0702 USD 5 INR
0.1404 USD 10 INR
0.2809 USD 20 INR
0.7022 USD 50 INR
1.4044 USD 100 INR
3.5110 USD 250 INR
7.0220 USD 500 INR
14.04 USD 1,000 INR
28.09 USD 2,000 INR
70.22 USD 5,000 INR
140.44 USD 10,000 INR
702.20 USD 50,000 INR
1,404.40 USD 100,000 INR
See more
Country Guides (USD & INR)
United StatesUnited States (USD)IndiaIndia (INR)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks And Caicos IslandsTurks And Caicos Islands (USD)
ZimbabweZimbabwe (USD)

USD/INR - Historical Trends

This table shows historic rates and trends of United States Dollar to Indian Rupee over periods upto 10 years.

PeriodChange*USD/INRDate
1 Day-0.3%71.392919 Sep 2019
7 Day+0.2%71.031013 Sep 2019
30 Day-0.3%71.448421 Aug 2019
3 Month+2.3%69.579822 Jun 2019
1 Year-0.7%71.725520 Sep 2018
5 Year+17%60.853321 Sep 2014
10 Year+48.6%47.918922 Sep 2009

*For period to 20-Sep 21UTC when USD/INR was 71.2060

You can use our USD interactive charts to check USDINR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

USD and INR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the USD vs INR, you should pay attention to the recent market trends for both currencies.

 

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

 

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR Forecasts.

Why can't I just get the USD/INR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the USD / INR was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

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