Current USD-INR mid-market exchange rate

Find the cheapest provider for your next USD-INR transfer

Total cost
2.27 USD

Total cost
2.52 USD

Total cost
2.52 USD

Total cost
1.18 USD

Total cost
6.17 USD

Total cost
2.63 USD

Total cost
9.07 USD

Total cost
3.83 USD

Total cost
8.53 USD

Total cost
6.19 USD

Total cost
18.21 USD


Today's USD-INR commentary

The current USD-INR interbank rate is currently near its highest value of the last 2-week period. The highest value we saw during the last two weeks was USD 1 = INR 72.9956 (only 0.45% higher than its actual value of USD 1 = INR 72.668), attained last Tuesday. The current high value of the USD-INR differs considerably from the much lower value (USD 1 = INR 71.5433) recorded on September 14, when exchanging 4,000 USD only gave you 286,173.23 INR (the exact same transfer is equal to 290,672.05 INR now, a difference of 4,498.82 INR).


USD Profile

Name: United States dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Federal Reserve Bank

Country(ies): United States, American Samoa

Rank in the most traded currencies: #1

INR Profile

Name: Indian rupee

Symbol:

Minor Unit: 1/100 paisa

Central Bank: Reserve Bank of India

Country(ies): Bhutan, India, Nepal

Rank in the most traded currencies: #17




Key facts about USD-INR

The US Dollar is the most traded currency in the world, and Indian rupees are also among the 10 largest currencies in the world. Every day, around 2 billion USD are traded between the two currencies on the Forex Exchange Market.

The Dollar is of course the official currency of the United States, but is also used as official currency in 23 other countries. The US Central Bank, the Federal Reserve Bank (also called "The Fed"), is the official issuer of the US Dollar, while in India, the Reserve Bank of India has this responsibility. The rupees, also called Taaka or Rupayya, are also used in Bhutan and Nepal.

The two currencies have a very different inflation rate, as the Indian Rupee has a high inflation index at 4.90%, while the USD, a very stable currency which exist since 1792, is only at 0.10%.

In India, the frequently used coins include ₹1, ₹2, ₹5, ₹10 and the frequently used banknotes include ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000.