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Best Send Money to India USD/INR Rates Compared Live

The best USD to INR exchange rate is 82.94. Compare foreign transfer and currency exchange rates, find better rates & deals.

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Comparing USD-INR send money exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Indian rupee (INR) rates from different sources before making a conversion.

The above Dollar to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest USD-INR mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : FX analysts see USD's uptrend vs INR continuing amid US inflation spike & Fed rate cut delay to June. Robust US jobs data also fuels USD gains. USDINR trades near 14-day high at 82.96, expected within 82-84 range. RBI's steady policy stance contrasts with dynamic Fed moves. #USDINR #ForexTrends

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USD to INR Market Data

US dollar (USD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 USD =
82.94We compare provider deals to this wholesale mid-market rate. Read more
INR
+0.0%
📈2W
USD to INR is at 14-day highs near 82.96, near its 3-month average, having traded in a stable 0.7% range from 82.71 to 83.33
|
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DateUSD/INRChangePeriod
04 Mar 2024
82.91
0% â–²2 Week
19 Dec 2023
83.09
0.2% â–¼3 Month
19 Mar 2023
82.54
0.5% â–²1 Year
20 Mar 2019
68.83
20.5% â–²5 Year
21 Mar 2014
61.04
35.9% â–²10 Year
23 Mar 2004
45.01
84.2% â–²20 Year
USD/INR historic rates & change to 18-Mar-2024
 

What are equivalent amounts of USD and INR?

Here are some popular conversion amounts for USD to INR (US dollar to Indian rupee)*.

USD INR
$ 1 82.94
$ 5 414.70
$ 10 829.40
$ 20 1,659
$ 50 4,147
$ 100 8,294
$ 250 20,735
$ 500 41,470
$ 1,000 82,940
$ 2,000 165,880
$ 5,000 414,700
$ 10,000 829,400
$ 20,000 1,658,800
$ 50,000 4,147,000
$ 100,000 8,294,000
USD INR
$ 0.0121 ₹ 1
$ 0.0603 ₹ 5
$ 0.1206 ₹ 10
$ 0.2411 ₹ 20
$ 0.6029 ₹ 50
$ 1.2057 ₹ 100
$ 3.0143 ₹ 250
$ 6.0285 ₹ 500
$ 12.06 ₹ 1,000
$ 24.11 ₹ 2,000
$ 60.29 ₹ 5,000
$ 120.57 ₹ 10,000
$ 241.14 ₹ 20,000
$ 602.85 ₹ 50,000
$ 1,206 ₹ 100,000

More amounts

*Converted at the current USDINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for USD to INR

 

Based on recent exchange rate analyst forecasts and currency market updates, the US Dollar (USD) is expected to continue its bullish trend against the Indian Rupee (INR) in the near term. The USD rallied as inflation unexpectedly accelerated in the US, leading to speculation that the Federal Reserve may delay potential rate cuts, with markets now anticipating a reduction in June instead of March. The strong US economic performance, highlighted by robust job reports, has shifted market expectations, supporting the USD's strength against the INR.

Read our full review of recent USD to INR forecasts.

 

How to get a good USD to INR exchange rate

There are several ways to save on exchange rates when converting US dollar to Indian rupee:

  1. Shop around for the best USD/INR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the USD/INR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and INR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Indian rupee with US dollar, then it's better for the USD/INR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the US dollar rise against the Indian rupee?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/INR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.

 
 
 

Currency Country Guides

United StatesUnited States (USD)IndiaIndia (INR)
 

How is the cost of living in India?

The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.

How is the expat life in India?

The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.

Read more at our India (INR) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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