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    Best INR to USD Exchange Rates Compared Live

    The best INR to USD exchange rate is 0.011966. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing INR-USD exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Indian rupee (INR) to US dollar (USD) rates from different sources before making a conversion.

    The above Rupee to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest INR-USD mid-rate (see below) and the possible savings of using another provider.

     
     

    INR to USD Market Data

    Indian rupee (INR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 INR =
    0.011966We compare provider deals to this wholesale mid-market rate. Read more
    USD
    -0.2%
    3M
    INR to USD is at 90-day lows near 0.011955, just below its 3-month average, having traded in a stable 0.7% range from 0.011955 to 0.012041
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    Sell INR   →   Buy USD
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    DateINR/USDPeriod
    02 Jun 2024
    0.0120
    2 Week
    18 Mar 2024
    0.0121
    3 Month
    17 Jun 2023
    0.0122
    1 Year
    18 Jun 2019
    0.0144
    5 Year
    19 Jun 2014
    0.0166
    10 Year
    21 Jun 2004
    0.0218
    20 Year
    INR/USD historic rates
     

    What are equivalent amounts of INR and USD?

    Here are some popular conversion amounts for INR to USD (Indian rupee to US dollar)*.

    INR USD
    ₹ 1 $ 0.0120
    ₹ 5 $ 0.0598
    ₹ 10 $ 0.1197
    ₹ 20 $ 0.2393
    ₹ 50 $ 0.5983
    ₹ 100 $ 1.1966
    ₹ 250 $ 2.9915
    ₹ 500 $ 5.9830
    ₹ 1,000 $ 11.97
    ₹ 2,000 $ 23.93
    ₹ 5,000 $ 59.83
    ₹ 10,000 $ 119.66
    ₹ 20,000 $ 239.32
    ₹ 50,000 $ 598.30
    ₹ 100,000 $ 1,197
    INR USD
    83.57 $ 1
    417.85 $ 5
    835.70 $ 10
    1,671 $ 20
    4,179 $ 50
    8,357 $ 100
    20,893 $ 250
    41,785 $ 500
    83,570 $ 1,000
    167,140 $ 2,000
    417,850 $ 5,000
    835,700 $ 10,000
    1,671,400 $ 20,000
    4,178,500 $ 50,000
    8,357,000 $ 100,000

    More amounts

    *Converted at the current INRUSD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for INR to USD

     

    The Indian rupee (INR) to US dollar (USD) exchange rate is currently hovering around 0.011969, slightly below its 3-month average. Market analysts do not anticipate any easing from the Reserve Bank of India (RBI) until 2024. They project the USD to INR rate to fluctuate within the 82-84 range, maintaining the current bullish trend. Factors such as elevated US Treasury yields, a weak yuan, and crude oil prices are expected to exert pressure on the rupee in the near term. However, some moderation in these factors could provide support later on.

    Read our full review of recent INR to USD forecasts.

     

    How to get a good INR to USD exchange rate

    There are several ways to save on exchange rates when converting Indian rupee to US dollar:

    1. Shop around for the best INR/USD 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.
    2. Timing is important: Keep an eye on the INR/USD 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.
    3. 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.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both INR and USD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. 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 US dollar with Indian rupee, then it's better for the INR/USD 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.

    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 Indian rupee rise against the US dollar?

    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 INR/USD to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


     

    Read our Currency guide to the United States - a practical currency and money guide to travel, living and doing business in the United States with the US dollar.

     
     
     

    Currency Country Guides

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    Setting up a business in the US as a foreigner

    Setting up a business in the US as a foreigner is generally the same process as setting up a business as a US citizen. However, there may be additional legal requirements and regulations that apply to foreign nationals. It is advisable to consult with a lawyer who specializes in immigration and business law to ensure compliance with all relevant laws and regulations. Additionally, obtaining a valid work visa may be necessary in order to work in the US as a foreigner. It's important to research the specific requirements for the type of business you plan to start and the state where you plan to set it up.

    Read more at our United States (USD) country guide

       
     
     

    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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