Understanding the Table:
The comparison table above helps you see the total cost of your Indian Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Euro (EUR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/INR Outlook: The EUR/INR rate is slightly positive, trading above its recent average and closer to recent highs, supported by ongoing developments in...
EUR/USD Outlook: Currently, EUR/USD is trading near 14-day lows but is just above its 3-month average, which suggests a slightly weaker but likely to move sideways outlook.
USD/INR Outlook: The USD/INR is slightly positive and likely to move sideways, trading just above its recent average and near highs.
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best EUR to INR exchange rate is 106.35 from XE. This is -0.6% compared to the mid-market rate 106.99.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Indian rupee (INR) rates from different sources before making a conversion.
The above Indian Bank - Euro to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Indian Bank and other foreign exchange providers against the latest EUR-INR mid-rate and the possible savings of using various providers.
Looking at the full EUR to INR - Send Money comparison table the provider with the best EUR to INR exchange rate is XE at 106.35, -0.6% from the latest mid-market rate 106.99.
The next best is Wise at 106.21, -0.73% from the mid-rate.
Then Western Union at 105.39, which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Indian Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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