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    Best USD to INR Exchange Rates Compared Live

    The live mid-rate USD to INR exchange rate is 84.74. Compare currency conversion rates - Reduce FX costs.

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    USD to INR shows significant movement as the dollar rebounds post-Trump's election win, reaching 84.71, a 90-day high. FX analysts warn of ongoing rupee pressure due to geopolitical uncertainties and inflation, suggesting volatility will persist. Caution is advised for businesses. 04-Dec

     
     

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

    The best USD to INR exchange rate is 84.24 from Wise. This is -0.59% compared to the mid-market rate 84.74.

    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.

    How do USD-INR rates compare between providers?

    Looking at our comparison table the best USD to INR exchange rate is 84.24 from Wise, -0.59% from the mid-market rate 84.74. The next best rate is 84.23 from XE, -0.6% from the mid-rate. WorldRemit with 83.13 is -1.9% from the mid-rate.

    The Western Union rate is 83.38 which is -1.6% from the mid-rate.

    Among the banks, the Citibank rate is 80.32 at -5.2%, the Chase Bank rate is 76.93 at -9.2%, and the Wells Fargo Bank rate is 76.42 at -9.8% 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.

     

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    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. 

     
     
     

    USD to INR Market Data

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

     
    1 USD =
    84.74We compare provider deals to this wholesale mid-market rate. Read more
    INR
    90d-highs
    USD to INR is at 90-day highs near 84.72, just 0.7% above its 3-month average of 84.12, having traded in a stable 1.5% range from 83.48 to 84.72
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    Sell USD   →   Buy INR
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    DateUSD/INRChangePeriod
    20 Nov 2024
    84.38
    0.3% 2 Week
    05 Sep 2024
    83.98
    0.8% 3 Month
    05 Dec 2023
    83.32
    1.6% 1 Year
    06 Dec 2019
    71.30
    18.8% 5 Year
    07 Dec 2014
    61.88
    36.8% 10 Year
    09 Dec 2004
    44.13
    91.9% 20 Year
    USD/INR historic rates & change to 04-Dec-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 84.74
    $ 5 423.70
    $ 10 847.40
    $ 20 1,695
    $ 50 4,237
    $ 100 8,474
    $ 250 21,185
    $ 500 42,370
    $ 1,000 84,740
    $ 2,000 169,480
    $ 5,000 423,700
    $ 10,000 847,400
    $ 20,000 1,694,800
    $ 50,000 4,237,000
    $ 100,000 8,474,000
    USD INR
    $ 0.0118 ₹ 1
    $ 0.0590 ₹ 5
    $ 0.1180 ₹ 10
    $ 0.2360 ₹ 20
    $ 0.5901 ₹ 50
    $ 1.1801 ₹ 100
    $ 2.9503 ₹ 250
    $ 5.9005 ₹ 500
    $ 11.80 ₹ 1,000
    $ 23.60 ₹ 2,000
    $ 59.01 ₹ 5,000
    $ 118.01 ₹ 10,000
    $ 236.02 ₹ 20,000
    $ 590.05 ₹ 50,000
    $ 1,180 ₹ 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 reflect a broader market sentiment shaped by the economic implications of Donald Trump's return to the U.S. presidency. As the U.S. dollar (USD) has gained strength amid speculation regarding inflationary pressures and anticipated pro-business policies from Trump, it reached 90-day highs near 84.72 INR, exceeding its 3-month average of 84.12 INR. Market analysts have noted that this surge is partly due to Trump’s potential impact on U.S. monetary policy, which could keep interest rates elevated and further support the dollar's strength. Economists are closely monitoring U.S. economic releases, including the latest jobless claims, which may influence perceptions of the labor market's resilience.

    Read our full review of recent USD to INR forecasts.

     
    USD to INR flags

    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.

    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.

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    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.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

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    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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