Understanding the Table:
The comparison table above helps you see the total cost of your ICICI 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’.
Indian rupee (INR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
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/EUR Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by the widening trade deficit in India.
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.
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 * :
*Converted at the current INR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The ICICI Bank INR to USD exchange rate is 0.0107. This is -1.8% compared to the latest INR-USD mid-market rate 0.010899.
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 ICICI Bank - Rupee to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ICICI Bank and other foreign exchange providers against the latest INR-USD mid-rate and the possible savings of using various 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 0.0108, -0.91% from the latest mid-market rate 0.010899.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ICICI 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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