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    USD to INR Exchange Rates

    Compare & Save - US dollar to Indian rupee exchange rates. Latest dollar→rupee analysis and review of forecasts.

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    Compare & Save - US dollar to Indian rupee

    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 Rate Calculator and Comparison Table makes it easy to compare the Total Cost you are being charged on dollar to rupee currency rates and the possible savings of using various providers.


    In this dollar to rupee (USD/INR) rate guide:

     
     
    @bestfxrates : FX analysts forecast upward trend for USD to INR exchange rate amidst inflation concerns and interest rate hikes. INR weakened due to April's surprise OPEC+ production cut. Expect potential downside pressure on USD as Federal Reserve's rate hike cycle concludes. Current rate of USD to INR stands at 83.05, a 1.9% fluctuation. Stay tuned for further market developments. #USDINR #Forex #economy

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    USD to INR Market Data

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

     
    1 USD =
    83.18We compare provider deals to this wholesale mid-market rate. Read more
    INR
    USD to INR at 83.18 is just 0.6% above its 3-month average of 82.69, having traded in a stable 1.9% range from 81.81 to 83.40
    |
    Sell USD   →   Buy INR
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    14-DAYLOW1d
     
    DateUSD/INRChangePeriod
    15 Sep 2023
    83.10
    0.1% 2 Week
    01 Jul 2023
    82.10
    1.3% 3 Month
    29 Sep 2022
    81.48
    2.1% 1 Year
    30 Sep 2018
    72.51
    14.7% 5 Year
    01 Oct 2013
    62.57
    32.9% 10 Year
    04 Oct 2003
    45.29
    83.7% 20 Year
    USD/INR historic rates & change to 29-Sep-2023

    Forecasts for USD to INR

    USDINR chart
    14-DAYLOW1d

    According to recent exchange rate analyst forecasts and currency market updates, the USD to INR exchange rate is expected to continue its upward trend in the near term. The Indian rupee has weakened against the US dollar due to concerns about inflation and interest rate hikes resulting from rising energy prices. The surprise cut in oil production by OPEC+ in April 2023 further impacted the rupee negatively.

    Read our full USD to INR forecasts analysis

     
    INR and flag

    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 BER Smart Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

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

     
     
     

    Country Currency 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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