The comparison table above helps you see the total cost of your HSBC 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’.
INR to USD Market Data
Indian rupee (INR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
INR to USD is at 90-day lows near 0.010864, 2.4% below its 3-month average of 0.011128, having traded in a quite stable 4.1% range from 0.010864 to 0.011304
INR/USD Outlook: Slightly weaker, but likely to move sideways as the rate is currently below its recent average and near recent lows due to several pressures.
INR/JPY Outlook: Likely to decrease, as the rate is below recent averages, near recent lows, influenced by significant capital outflows and trade deficits in India.
USD/INR Outlook: Likely to rise as USD remains strong despite Fed's potential rate cuts. Key drivers: - Rising oil prices aiding India - Widening trade deficit due to U.S. tariffs. Range: Expected near recent highs but may fluctuate. Change: Unexpected U.S. labor strength or RBI intervention
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INR to USD 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 Indian rupee are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
What is the
HSBC Send Money conversion rate for INR to USD?
The HSBC INR to USD exchange rate is 0.0105. This is -3.4% compared to the latest INR-USD mid-market rate 0.010872.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Indian rupee (INR) to US dollar (USD) rates from different sources before making a conversion.
The above
HSBC - Rupee to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
HSBC and other foreign exchange providers against the latest INR-USD mid-rate and the possible savings of using various providers.
How do HSBC INR-USD rates compare between providers?
Looking at the full
INR to USD - Send Money comparison table the provider with the best INR to USD exchange rate is Wise at 0.0107, -1.6% from the latest mid-market rate 0.010872.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like HSBC 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.