The comparison table above helps you see the total cost of your Wise 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’.
Wise - EUR Rate Margin Analysis
The average EUR rate margin offered by Wise is 0.71%.
This average is based on individual EUR 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for Euro (EUR 10K)
transactions. Margins show the percentage difference from the mid-market rate.
EUR/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and near recent highs without a clear current driver.
EUR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but without a clear driving factor at this time.
USD/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver for significant movement.
EUR/INR outlook is slightly positive but might trade sideways. ECB's stable rates support the euro, while rising oil prices and India's widening trade deficit pressure the INR. Expect fluctuations in the recent range, but watch for changes in trade negotiations to influence movements
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EUR to INR Conversion: What Is Your Money Worth?
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 * :
What is the
Wise Send Money conversion rate for EUR to INR?
The Wise EUR to INR exchange rate is 109.26. This is -0.72% compared to the latest EUR-INR mid-market rate 110.05.
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
Wise - Euro to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest EUR-INR mid-rate and the possible savings of using various providers.
How do Wise EUR-INR rates compare between 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 109.39, -0.6% from the latest mid-market rate 110.05.
The next best is Wise at 109.26, -0.72% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like Wise or platforms that offer rates closer to the mid-market rate.