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Best Exchange Rates

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Compare USD to INR foreign transfers

Use our comparison table to find the best exchange rates for Indian Rupee foreign transfers compared to Wells Fargo Bank.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$USD
₹INR

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Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

USD-INR Foreign Transfers - Compare

Foreign Transfer Providers
Ratings & Reviews
Receive INR(₹)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
671,900 INR
Best Overall
67.190^2.13%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
TransferWise logo
679,616 INR
7,716 INR
68.31$511.01%Bank Transfers - Online, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
657,914 INR
13,986 INR
65.91184.17%Online, Branch, Bank Transfers2-3 days
HSBC logo
657,512 INR
14,388 INR
65.85$154.23%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
653,478 INR
18,422 INR
65.73154.82%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
649,242 INR
22,658 INR
65.58$1005.43%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
649,242 INR
22,658 INR
65.58$1005.43%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:67.19 (2.13% from mid-rate)
INR amount:671,900 INR
Total Cost:2.13%
Time:
Rate Fetched: Fri Mar 22 2019 04:03:32 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:68.31 (0.5% from mid-rate)
INR amount:679,616 INR
Total Cost:1.01%
Difference:
7,716 INR more than using OFX
Time:6:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:18
Exchange Rate:65.91 (4% from mid-rate)
INR amount:657,914 INR
Total Cost:4.17%
Difference:
13,986 INR less than using OFX
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:65.85 (4.08% from mid-rate)
INR amount:657,512 INR
Total Cost:4.23%
Difference:
14,388 INR less than using OFX
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:15
Exchange Rate:65.44 (4.68% from mid-rate)
INR amount:653,478 INR
Total Cost:4.82%
Difference:
18,422 INR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:65.58 (4.48% from mid-rate)
INR amount:649,242 INR
Total Cost:5.43%
Difference:
22,658 INR less than using OFX
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:65.58 (4.48% from mid-rate)
INR amount:649,242 INR
Total Cost:5.43%
Difference:
22,658 INR less than using OFX
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the USD-INR mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-INR exchange rate.

Currency news and forecasts for United States Dollar and Indian Rupee

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs INR, you should pay attention to both United States Dollar and Indian Rupee news and forecasts.

United States Dollar (USD) - Market news and forecasts

The US dollar had been falling steadily in the lead-up to the March-20 Fed meeting, and those that were selling the currency amid speculation of a dovish surprise were entirely vindicated after the central bank ditched its December projection for two 2019 interest rate hikes and said it now sees rates unchanged until 2020.

The extent of the Fed’s dovish turn meant that the dollar suffered a rapid and significant correction. The euro leapt on the new projections to a 6-week high against the dollar of $1.145 and other major and emerging market currencies followed suit.

The Fed’s reassessment of future monetary policy reflects concerns over domestic and global economic growth, as well as inflation and risks originating overseas, likely including Brexit.

Earlier this year, ING said the dollar would soon “embark on a gradual long-term bearish trend.”

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

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.