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USD to INR - Rate Guide

US 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/Card transactions as shown below.

 

1 USD = 71.54 INR

   Sell USD / Buy INR  Switch

USD to INR - Trading Range (90 Day)
ALERT: 30-DAY HIGHS 🔔 |
USD/INR at 71.59 is trading near the 90-day average 71.34 with a range 70.55 to 72.2. ALERT: USD/INR has risen to 30-DAY HIGHS.
18-Feb-2020 16:NY 21:LON 08:SYD+1d

More Charts


Quick Conversions from US Dollar to Indian Rupee

USD

INR

U$ 1
71.54
U$ 5
357.70
U$ 10
715.40
U$ 20
1,431
U$ 50
3,577
U$ 100
7,154
U$ 250
17,885
U$ 500
35,770
U$ 1,000
71,540
U$ 2,000
143,080
U$ 5,000
357,700
U$ 10,000
715,400
U$ 50,000
3,577,000
U$ 100,000
7,154,000
More amounts

USD

INR

U$ 0.0140
1
U$ 0.0699
5
U$ 0.1398
10
U$ 0.2796
20
U$ 0.6990
50
U$ 1.3979
100
U$ 3.4948
250
U$ 6.9895
500
U$ 13.98
1,000
U$ 27.96
2,000
U$ 69.90
5,000
U$ 139.79
10,000
U$ 698.95
50,000
U$ 1,398
100,000
More amounts

To calculate specific USD/INR amounts use our Convert USD to INR quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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 Providers Receive INR(₹)Exchange RateFee USDTotal CostDeal Links
OFX logo
697,000
Best Overall
69.70^2.61%
XE logo
706,700
₹9,700 more
70.6701.25%
TransferWise logo
711,254
₹14,254 more
71.49U$510.62%
Wells Fargo Bank logo
681,771
₹15,229 less
68.3184.74%
HSBC logo
681,277
₹15,723 less
68.23U$154.8%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
677,164
₹19,836 less
68.11155.38%
Bank of America International Money Transfers
Bank of America logo
672,804
₹24,196 less
67.96U$1005.99%
U.S. Bank International Money Transfers
U.S. Bank logo
672,804
₹24,196 less
67.96U$1005.99%
 
OFX logo
OFX: Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:69.7 (2.61% from mid-rate)
To Amount (INR)697,000
Total Cost:2.61%
Time:
Rate Fetched: Tue Feb 18 2020 18:03:36 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:
Exchange Rate:70.67 (1.25% from mid-rate)
To Amount (INR)706,700
Total Cost:1.25%
Difference:
₹9,700 INR more than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
TransferWise logo
TransferWise: Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:U$51 USD (0.5% + U$1)
Exchange Rate:71.49 (0.11% from mid-rate)
To Amount (INR)711,254
Total Cost:0.62%
Difference:
₹14,254 INR more than using OFX
Time:18:04 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:18
Exchange Rate:68.3 (4.56% from mid-rate)
To Amount (INR)681,771
Total Cost:4.74%
Difference:
₹15,229 INR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:68.23 (4.66% from mid-rate)
To Amount (INR)681,277
Total Cost:4.8%
Difference:
₹15,723 INR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:15
Exchange Rate:67.82 (5.23% from mid-rate)
To Amount (INR)677,164
Total Cost:5.38%
Difference:
₹19,836 INR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→INR
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:67.96 (5.04% from mid-rate)
To Amount (INR)672,804
Total Cost:5.99%
Difference:
₹24,196 INR less than using OFX
Time:18:04 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 (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:67.96 (5.04% from mid-rate)
To Amount (INR)672,804
Total Cost:5.99%
Difference:
₹24,196 INR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 02/18/2020 - View latest rates
 

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 Providers Amount INR(₹)Exchange RateFee USDTotal CostDeal Links
Travelex Online US logo
54,590
Best Overall
54.58970^23.72%
U.S. Bank Foreign Currency
U.S. Bank logo
52,950
₹1,640 less
52.95026.01%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
52,421
₹2,169 less
52.95U$1026.75%
Wells Fargo Bank logo
51,891
₹2,699 less
52.95U$2027.49%
 
Travelex Online US logo
Travelex Online US: Travel Money USD→INR
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:54.5897 (23.72% from mid-rate)
To Amount (INR)54,590
Total Cost:23.72%
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 (USD)U$1,000
Fee:0
Exchange Rate:52.95 (26.01% from mid-rate)
To Amount (INR)52,950
Total Cost:26.01%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→INR
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:62.62 (12.5% from mid-rate)
To Amount (INR)52,421
Total Cost:26.75%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→INR
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:52.95 (26.01% from mid-rate)
To Amount (INR)51,891
Total Cost:27.49%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 02/18/2020 - View latest rates
 

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 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.

US Dollar (USD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war 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.


How to get Best USD to INR Exchange Rates

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).

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.

What is a good USD to INR exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the USD to INR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*USD/INRDate
1 Day+0.3%71.359217 Feb 2020
7 Day+0.4%71.285511 Feb 2020
30 Day+0.8%71.048719 Jan 2020
3 Month-0.3%71.778220 Nov 2019
1 Year+0.3%71.387118 Feb 2019
5 Year+15%62.226219 Feb 2015
10 Year+54.8%46.252320 Feb 2010

*For period to 18-Feb 21UTC when USD/INR was 71.5862

When is the best time to exchange USD to INR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

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