USD to INR Transfers Compared

   

USD to INR is currently at 88.21, above the 3-month avg of 87.02. Analysts cite pressure on INR from tariffs & $16B in foreign outflows, suggesting potential stability around 88.00 soon. Watch for U.S. CPI data which may impact Fed rate outlook

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What is the best Send Money conversion rate for USD to INR?

The best USD to INR exchange rate is 87.69 from Wise. This is -0.59% compared to the mid-market rate 88.21.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Indian rupee (INR) rates from different sources before making a conversion.

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

How do USD-INR rates compare between providers?

Looking at the full USD to INR - Send Money comparison table the provider with the best USD to INR exchange rate is Wise at 87.69, -0.59% from the latest mid-market rate 88.21.

The next best is XE at 87.68, -0.6% from the mid-rate.

Then Western Union at 86.8, which is -1.6% from the mid-rate.

Among the banks the Chase Bank rate is 80.26 at -9% the Wells Fargo Bank rate is 79.73 at -9.6% and the Citibank rate is 83.79 at -5% compared to the mid-rate 88.21.

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 or platforms that offer rates closer to the mid-market rate.