The live mid-rate USD to INR exchange rate is 86.39. Compare currency conversion rates - Reduce FX costs.
The best USD to INR exchange rate is 85.88 from Wise. This is -0.59% compared to the mid-market rate 86.39.
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.
Looking at our comparison table the best USD to INR exchange rate is 85.88 from Wise, -0.59% from the mid-market rate 86.39. The next best rate is 85.87 from XE, -0.6% from the mid-rate. WorldRemit with 84.75 is -1.9% from the mid-rate.
The Western Union rate is 85.01 which is -1.6% from the mid-rate.
Among the banks, the Citibank rate is 82 at -5.1%, the Chase Bank rate is 78.54 at -9.1%, and the Wells Fargo Bank rate is 78.03 at -9.7% 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 or platforms that offer rates closer to the mid-market rate.
The Dollar to Rupee comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/INR | Change | Period |
|---|---|---|---|
01 Jan 2025 | 85.58 | 1.1% ▲ | 2 Week |
17 Oct 2024 | 84.05 | 3% ▲ | 3 Month |
16 Jan 2024 | 83.09 | 4.2% ▲ | 1 Year |
17 Jan 2020 | 71.04 | 21.8% ▲ | 5 Year |
18 Jan 2015 | 61.73 | 40.2% ▲ | 10 Year |
20 Jan 2005 | 43.61 | 98.4% ▲ | 20 Year |
Here are some popular conversion amounts for USD to INR (US dollar to Indian rupee)*.
*Converted at the current USDINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to INR exchange rate has seen significant fluctuations following Donald Trump's recent election win. The US dollar (USD) has been buoyed by expectations of his policies, particularly in light of anticipated tax cuts and an increase in tariffs that could drive inflation. Recent price data shows the USD is trading at 86.54 INR, which is 2.0% higher than its 3-month average of 84.81. Market analysts note that this is reflective of the growing strength of the dollar, fueled by expectations of elevated US interest rates and resulting Treasury yield increases. As investor caution prevails, they remain focused on forthcoming economic indicators, such as non-farm payrolls data, which could further influence the dollar's trajectory.
Read our full review of recent USD to INR forecasts.
There are several ways to save on exchange rates when converting US dollar to Indian rupee:
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.
Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.
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.
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.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | India (INR) |
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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.
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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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