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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 versus the Banks.

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

Compare Deals
Foreign Transfer Providers
Ratings & Reviews
Receive INR(₹)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
694,000 INR
Best Overall
69.40^2.3%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
706,777 INR
12,777 INR
71.04$510.5%Bank Transfers - Online1-2 days
Wells Fargo Bank logo
679,575 INR
14,425 INR
68.08184.33%Online, Branch, Bank Transfers2-3 days
HSBC logo
679,080 INR
14,920 INR
68.01$154.4%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
674,927 INR
19,073 INR
67.89154.99%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
670,527 INR
23,473 INR
67.73$1005.61%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
670,527 INR
23,473 INR
67.73$1005.61%Online, Branch, Bank Transfers2-3 days
 
Xoom logo
Your amount above the Xoom USD2999 maximum
NaN INR
 
WorldRemit logo
Your amount above the WorldRemit USD2000 maximum
NaN INR
 
OFX: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:69.4 (2.3% from mid-rate)
INR amount:694,000 INR
Total Cost:2.3%
Time:
Rate Fetched: Sat Feb 23 2019 10:03:29 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:71.04 (-0.01% from mid-rate)
INR amount:706,777 INR
Total Cost:0.5%
Difference:
12,777 INR more than using OFX
Time:12:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:18
Exchange Rate:68.08 (4.16% from mid-rate)
INR amount:679,575 INR
Total Cost:4.33%
Difference:
14,425 INR less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:68.01 (4.26% from mid-rate)
INR amount:679,080 INR
Total Cost:4.4%
Difference:
14,920 INR less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:15
Exchange Rate:67.59 (4.85% from mid-rate)
INR amount:674,927 INR
Total Cost:4.99%
Difference:
19,073 INR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:67.73 (4.65% from mid-rate)
INR amount:670,527 INR
Total Cost:5.61%
Difference:
23,473 INR less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:67.73 (4.65% from mid-rate)
INR amount:670,527 INR
Total Cost:5.61%
Difference:
23,473 INR less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Xoom: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
WorldRemit: Foreign Transfer USD→INR
USD amount:$10,000 USD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
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 in the US as licensed money transmitters. 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: 02/23/2019

1 USD = 71.0354 INR

This is the current USD-INR mid-market exchange rate. 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.

3 Month Chart
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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

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.

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.

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets