Moneygram EUR to INR Transfers Compared

   

Analysts point to a volatile EUR to INR rate at 102.1, driven by weak German data and ECB's cautious stance on rate hikes. The INR remains stable amid mixed influences, including US dollar strength and oil price fluctuations. Expect unpredictable movements in the near term

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What is the Moneygram Send Money conversion rate for EUR to INR?

The Moneygram EUR to INR exchange rate is 101.22. This is -1% compared to the latest EUR-INR mid-market rate 102.25.

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 Moneygram - Euro to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Moneygram and other foreign exchange providers against the latest EUR-INR mid-rate and the possible savings of using various providers. 

How do Moneygram 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 101.63, -0.61% from the latest mid-market rate 102.25.

The next best is Wise at 101.53, -0.7% from the mid-rate.

Then Currencies Direct at 101.43, which is -0.8% from the mid-rate.

The Western Union rate is 100.71 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 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 Moneygram or platforms that offer rates closer to the mid-market rate.