Understanding the Table:
The comparison table above helps you see the total cost of your Wise currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The average EUR rate margin offered by Wise is 0.71%.
This average is based on individual EUR 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for Euro (EUR 10K) transactions. Margins show the percentage difference from the mid-market rate.
Euro (EUR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and near recent highs without a clear current driver.
EUR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but without a clear driving factor at this time.
USD/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver for significant movement.
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Wise EUR to INR exchange rate is 109.13. This is -0.71% compared to the latest EUR-INR mid-market rate 109.91.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Indian rupee (INR) rates from different sources before making a conversion.
The above Wise - Euro to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest EUR-INR mid-rate and the possible savings of using various providers.
Looking at the full EUR to INR - Send Money comparison table the provider with the best EUR to INR exchange rate is XE at 109.25, -0.6% from the latest mid-market rate 109.91.
The next best is Wise at 109.13, -0.71% from the mid-rate.
Then Western Union at 108.27, which is -1.5% 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 like Wise or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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