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    Best USD to INR Exchange Rates Compared Live

    The best USD to INR exchange rate is 83.30. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing USD-INR exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to 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 vs the latest USD-INR mid-rate (see below) and the possible savings of using another provider.

     
    @bestfxrates : USD to INR remains bullish, analysts see it in 82-84 range. Declining US inflation & possible Fed rate cuts contrast with India’s energy-driven inflation worries. Market eyes upcoming US CPI & PCE data for further cues. Stay tuned for volatility amid global economic shifts. #USDINR #Forex #MarketUpdate

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    USD to INR Market Data

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

     
    1 USD =
    83.30We compare provider deals to this wholesale mid-market rate. Read more
    INR
    -0.2%
    1M
    USD to INR is at 30-day lows near 83.28, near its 3-month average, having traded in a stable 1.1% range from 82.71 to 83.65
    |
    Sell USD   →   Buy INR
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    DateUSD/INRChangePeriod
    03 May 2024
    83.38
    0.1% 2 Week
    17 Feb 2024
    83.01
    0.3% 3 Month
    18 May 2023
    82.73
    0.7% 1 Year
    19 May 2019
    70.29
    18.5% 5 Year
    20 May 2014
    58.56
    42.2% 10 Year
    22 May 2004
    45.19
    84.3% 20 Year
    USD/INR historic rates & change to 17-May-2024
     

    What are equivalent amounts of USD and INR?

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

    USD INR
    $ 1 83.30
    $ 5 416.50
    $ 10 833.00
    $ 20 1,666
    $ 50 4,165
    $ 100 8,330
    $ 250 20,825
    $ 500 41,650
    $ 1,000 83,300
    $ 2,000 166,600
    $ 5,000 416,500
    $ 10,000 833,000
    $ 20,000 1,666,000
    $ 50,000 4,165,000
    $ 100,000 8,330,000
    USD INR
    $ 0.0120 ₹ 1
    $ 0.0600 ₹ 5
    $ 0.1201 ₹ 10
    $ 0.2401 ₹ 20
    $ 0.6003 ₹ 50
    $ 1.2005 ₹ 100
    $ 3.0013 ₹ 250
    $ 6.0025 ₹ 500
    $ 12.01 ₹ 1,000
    $ 24.01 ₹ 2,000
    $ 60.03 ₹ 5,000
    $ 120.05 ₹ 10,000
    $ 240.10 ₹ 20,000
    $ 600.25 ₹ 50,000
    $ 1,201 ₹ 100,000

    More amounts

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

     
     

    Forecasts for USD to INR

     

    Recent forecasts for the USD to INR exchange rate point towards a continuation of the current bullish trend, with analysts expecting the pair to fluctuate within the 82-84 range. The US dollar (USD) has faced pressure due to declining inflation and weaker-than-expected economic data, leading to expectations of potential rate cuts by the Federal Reserve. On the other hand, the Indian rupee (INR) has been impacted by concerns over surging energy prices and potential inflationary pressures, as India heavily relies on oil imports. These factors are expected to weigh on the rupee in the near term, with analysts not anticipating any easing from the Reserve Bank of India until 2024.

    Read our full review of recent USD to INR forecasts.

     

    How to get a good USD to INR exchange rate

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

    1. Shop around for the best USD/INR 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 USD/INR 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 USD and INR 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 Indian rupee with US dollar, then it's better for the USD/INR 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 US dollar rise against the Indian rupee?

    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 USD/INR 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.

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    Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.

     
     
     

    Currency Country Guides

    United StatesUnited States (USD)IndiaIndia (INR)
     

    How is the cost of living in India?

    The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.

    How is the expat life in India?

    The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.

    Read more at our India (INR) 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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