#EURINR volatility continues w/ rate at 96.87, up 4.1% from 3mo avg. Eurozone PMIs weak & Germany data awaited. Analysts say ECB policy & global pressures key for future movement - watch closely if making intl transfers soon
@bestfxrates
TorFX at a glance
TorFX is a leading provider of foreign exchange services, offering very competitive currency exchange rates for international money transfers and an unrivalled personal service to private individuals and companies with a foreign currency exchange requirement. TorFX is based in the United Kingdom and Australia.
TorFX provides market best rates & service with no fees or bank charges on all transfers - talk directly to TorFX dealers or book & track your transfers online. TorFX have our highest level of customer satisfaction.
The TorFX UK team are based in London and Cornwall and process in excess of 3 billion Pounds in foreign exchange and international payments per annum. They are known for both the quality of their customer service and exchange rates.
The TorFX Australia team are based in Queensland and provide a great dedicated service and competitive exchange rates both when trading online and over the telephone.
Personalised service
TorFX ’s approach to customer service is what sets it apart from its competitors. Over and above the competitive pricing and the value for your money, it is the uncompromising service levels that make them stand apart.
Right from the initial query through each step of the transaction, TorFX ’s account managers get involved in understanding each customer requirement and executing it all to its completion. Every case is different and treated as such.
How it works?
After you register with TorFX the steps to transfer are as follows:
1. TorFX will call you to verify your identity and set up your online account, you can then monitor the rate in real-time.
2. When you are ready to do your transfer you simply login into the TorFX website and enter the details (Currency, Amount & Beneficiary Account) and then transfer the FROM amount to the TorFX bank account.
3. TorFX then send the money to the beneficiary foreign currency account at much better rates than you would get using your own bank.
4. TorFX notifies you when the funds have been received into the destination account.
In the complex world of foreign exchange, handholding a customer and their transactions are of utmost importance. Treating every transfer as a relationship extends beyond getting the best exchange rate. Ensuring the transfer is done smoothly and satisfactorily, and effected in the set timeline and the client feedback taken have been standard steps in a TorFX relationship.
EUR to INR Market Data
Euro (EUR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell EUR →
Buy INR
EUR to INR at 96.87 is 4.1% above its 3-month average of 93.02, having traded in a quite volatile 10.7% range from 88.55 to 98.05
|Tracker
| Date | EUR/INR | Change | Period |
|---|---|---|---|
11 Apr 2025 | 97.72 | 1.2% ▼ | 2 Week |
25 Jan 2025 | 90.52 | 6.6% ▲ | 3 Month |
25 Apr 2024 | 89.34 | 8% ▲ | 1 Year |
26 Apr 2020 | 82.55 | 16.9% ▲ | 5 Year |
28 Apr 2015 | 69.35 | 39.2% ▲ | 10 Year |
30 Apr 2005 | 55.85 | 72.8% ▲ | 20 Year |
What are equivalent amounts of EUR and INR?
Here are some popular conversion amounts for EUR to INR (Euro to Indian rupee)*.
*Converted at the current EURINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Forecasts for EUR to INR
Recent analysis of the EUR to INR exchange rate indicates significant volatility influenced by various global factors. The euro has been under pressure due to macroeconomic indicators, particularly with weaker-than-forecast PMIs from the Eurozone suggesting stagnation in business activity. Analysts point out that ongoing trade tensions, including the US's imposition of reciprocal tariffs on EU goods, may exacerbate challenges for the Eurozone economy, particularly impacting Germany, the largest economy in the bloc. Fresh economic data, especially Germany's business climate indicator, is awaited with caution; a steep decline could further weaken the euro's value.
Read our full review of recent EUR to INR forecasts.
How to get a good EUR to INR exchange rate
There are several ways to save on exchange rates when converting Euro to Indian rupee:
- Shop around for the best EUR/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.
- Timing is important: Keep an eye on the EUR/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.
- 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.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR 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.
- 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 Euro, then it's better for the EUR/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.
Read our Currency guide to India — a practical currency and money guide to travel in India plus living and doing business with the Indian rupee.
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 Euro 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 EUR/INR to your personalised Rate Tracker to track and benefit from currency movements.
Track Rate
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Currency Country Guides
| Eurozone (EUR) | India (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
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Further reading on the Indian rupee (INR) - Guides, Reviews & News from our research team.
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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