USD to INR Exchange Rates & Currency Deals

   

USD/INR update: The rupee hit a historic low at 90.42, driven by a widening trade deficit and foreign investment outflows. Analysts warn USD could drift to 92 if trade issues persist, with the pair currently trading at 89.79. Stay alert for Fed signals and key economic data

@bestfxrates   

   

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

The best USD to INR exchange rate is 89.71 from XE. This is -0.61% compared to the mid-market rate 90.26.

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 XE at 89.71, -0.61% from the latest mid-market rate 90.26.

The next best is Wise at 89.2, -1.2% from the mid-rate.

Then Western Union at 88.81, which is -1.6% from the mid-rate.

Among the banks the Chase Bank rate is 79.42 at -12% the Wells Fargo Bank rate is 79.15 at -12.3% and the Citibank rate is 83.3 at -7.7% compared to the mid-rate 90.26.

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.

 

Compare USD to INR Transfer Rates