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Rupee converter

What the rupee is worth right now against 25 currencies, how it has moved, and a page for each currency Indians use most.

Today’s rupee rates

Currency pages

USD to INRAED to INRSAR to INRGBP to INREUR to INRQAR to INRKWD to INROMR to INRBHD to INRSGD to INRAUD to INRCAD to INRNZD to INRJPY to INRCHF to INRCNY to INRHKD to INRMYR to INRTHB to INRZAR to INRINR to USDINR to AEDINR to EURINR to GBP

How to read these rates

These are mid-market reference rates: the midpoint between what banks pay for a currency and what they sell it for. Nobody exchanges money for you at exactly this rate. Banks, cards, airport counters and transfer apps quote a rate with a margin built in, and some add a fee on top. The mid-market rate is the yardstick for judging their quotes. If the reference rate is ₹94 to a dollar and you are offered ₹92.50, the margin is about 1.6%.

Why the rupee moves

The rupee floats, so demand and supply set its price. Demand for dollars rises when India imports more, especially crude oil, and when foreign investors sell Indian assets. Supply rises with exports, remittances from Indians abroad and foreign investment. Interest-rate differences and global risk appetite shift these flows. The Reserve Bank of India does not fix a level, but it buys and sells dollars to smooth sharp swings.

Questions

How often do the rates update?

The live rates refresh through the day from a public data service. If that service is unreachable, the page falls back to the last saved snapshot and says so. History charts use European Central Bank reference rates, published once each working day.

Why do Gulf currencies barely move against the dollar?

The UAE dirham, Saudi riyal, Qatari riyal, Omani rial and Bahraini dinar are pegged to the US dollar. Their value in rupees moves almost exactly with the dollar.

What is the cheapest way to send money to India?

Compare the rupees your recipient will receive for the same amount sent, after the exchange-rate margin and every fee. Our guide to sending money to India shows how.

How do lakh and crore compare with millions?

One lakh is 1,00,000 (a hundred thousand). Ten lakh is one million. One crore is 1,00,00,000, or ten million. The rupees in words tool converts any amount.

Live rates from ExchangeRate-API. History from European Central Bank reference rates via Frankfurter. For information only, not for trading.