This is the rate that will apply when you convert & sell Euro currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll receive will be as shown below
Conversion is calculated using the highest EUR-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you convert & buy Euro currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest EUR-INR Buying rate across India. To see the most accurate rate select the city in the drop down above
You may think banks are the safest option to exchange your money but think again! Do you want to end up paying more? Because banks charge you to use their services. However, online currency exchange marketplaces like BookMyForex deal only with RBI authorized money changers and hence you can trust us completely. Banks will sell at a day's rate i.e. their rates are not live and therefore you cannot get the benefit of the changing rate during the day and you might end up selling Euros at a rate loaded with a high margin that banks add to cover up the fluctuation during the day. You can be smart and book the live rates from us and get more money for your Euro.
The most popular exchange for Rupee after USD is with the Euro. With BookMyForex.com you can convert EURO to INR at best conversion rates. Our rates are live and accurate to the last second. You can see the live currency rates on BookMyForex.com that are inter-bank rates, the same rates that you see on Search Engines like Google or Online currency converter websites and Business News Channels etc. There are around 2 million NRIs living in Europe and a lot of Europeans travel to India every year for tourism as well as work. This means a lot of exchange of not just manpower but money as well. That is the reason for the popularity of EUR to INR exchange There are plenty of places where you may not be able to find Indian Rupees and most other currencies would most probably not be accepted for exchange.
BookMyForex.com compares rates of 100s of money changers and bankers around your area to bring you the best rate. You have the option to freeze at a rate for up to 3 days or you can set a rate alert for your preferred rate. When it reaches your preferred rate, BookMyForex.com send you an alert. BookMyForex.com through its multiple tie-ups with Banks & Money changers always gets the best Euro rates for you.
The Euro is the official currency of the 19 members of the 28 member states of the European Union. The currency code is EURO and the symbol is €. Euro is the second most traded currency in the Forex market after the US Dollar. As of 2015, 337 million people all across the globe including the eurozone countries use Euro daily. Euro comes in coins and notes. The frequently used coins are of the denominations of 1,2, 5, 10, 20 and 50 cents. 1and 2 cent coins are rarely used. The frequently used banknotes are in the denominations of 5, 10, 20, 50 and 100 Euros. Although, higher denominations like 200 and 500 Euros exist but are rarely used.
|EUR Interbank Rate||85.9155|
|EUR Forex Card Buy Rate||86.057|
|EUR Currency Buy Rate||86.1868|
|EUR TC Buy Rate||86.417|
|EUR Forex Card Sell Rate||85.1464|
|EUR Currency Sell Rate||85.4869|
|EUR TC Sell Rate||N/A|
|EUR DD Remit Rate||86.3873|
|EUR TT Remit Rate||86.3873|
Looking to do currency conversion from Euro to INR? Some money changers will quote you exceptionally good rates and offer door delivery too but you can't trust them as far as the genuineness of currency is concerned and the hidden charges that they might demand later. There are many fake notes in circulation and there have been many stances of fake notes being delivered in exchange for Euro. The hidden charges might come in the shape of inflated taxes which they shall not tell you while quoting rates. At BookMyForex, the tax slabs are transparently mentioned on the site.
We are present in more than 650 cities through partner locations and provide door delivery in more than 185 cities. So if you want the best rates and complete convenience in exchanging your Euro, book your Euro here and relax.
In case you are looking to encash or convert inr to Euro, you can do that too with BookMyForex.com. Just follow the same process as you do for Euro to INR conversion as explained in above paragraph and you will get the best rates quickly. Want to check 1 Eur to INR LIVE rates, use the calculator above and get the best rate. Convert Euro now.
Send money abroad to Europe from India at guaranteed best rates. Not only that, sending money from India to abroad through BookMyForex.com is fast and simple. Whether you are traveling to Europe for holidays, honeymoon or studies or returning from there and are looking to convert EUR to INR, you can exchange EUR to INR or INR to EUR online at BookMyForex.com in few simple steps. Once you book your order online, you can pick up your Euro (or Indian Rupees) at one of the many BookMyForex.com locations or participating bank locations in India. And you can do all this from the comforts of your home or office or even while traveling. With BookMyForex.com's Door Delivery option, Forex comes to you, rather than you going to the forex.
Money changers and Banks charge hidden fees when you convert Eur to INR. But with BookMyForex.com you don't have to pay any hidden fees or charges to convert Euro to Rupee or vice versa. Exchange your Euros or any other foreign currency back into Indian rupees at exact interbank rates - that's the same rates that you see on search engines, forex sites and business news channels.
Q1. Can I return my euro currency notes to BookMyForex?
Ans. You can both buy and sell foreign currency from BookMyForex. You just need to visit bookmyforex.com and select your city, currency (Euro in this case) and the amount that you want to exchange. You need to upload your Passport copy which you can do online. In case, you want to sell Euro worth more than Rs. 50,000 then you need to upload your PAN card too. Once your Euro to INR conversion order placed, a representative of BookMyForex would visit your place and give you equivalent INR and take Euros from you.
Q2. Are Euro to INR and INR to Euro conversion rates same?
Ans. The currency exchange rates are determined by the underlying Interbank rates also called IBR rate. When you convert home currency to some foreign currency i.e INR to Euro in this case, you are charged a mark-up fee by the currency exchange service provider over the IBR rate, so your exchange rates are higher than IBR. Similarly, in case of Euro to INR conversion, again the mark-up fee is charged by your money changer and hence, the exchange rate would be lower than IBR.
However, it may vary as per the prevailing demand and supply condition in the currency exchange market of that particular currency pair and also on the platform on which you are transacting. For example, if there is a high demand for Euros in the market then you may get to sell your Euros even at the IBR rate. Similarly, if you choose an online currency exchange marketplace such as BookMyForex, you would get better exchange rates than quoted by traditional players such as banks or local money changers.
Q3. Should I convert INR to Euro in Europe itself?
Ans. You can only carry INR upto Rs. 25,000 in cash while travelling abroad. Also, you run the risk of getting it exchanged at an expensive rate than in India. Else, you would use a debit or credit card abroad which can cost you anywhere between 3% to 5% more than a forex card. Therefore, exchanging INR to Euro in Europe may not be a great idea. It is better you get your Indian rupees converted to Euro in India itself and that too from a trusted currency-exchange marketplace for better exchange rates and convenience.
Q4. Why Should I convert INR to EUR in India itself?
Ans. In case you are planning to visit Europe, it is better that you get your Euros in India only. Firstly, you would get better INR to EUR exchange rates in India than in Europe. Secondly, you can carry only upto Rs. 25,000 in cash to a foreign country which means you can exchange INR to EUR in Europe for a very limited amount. After exhausting the limit of Rs. 25,000, you would have no option left but to use your credit or debit card. Until unless you are willing to pay anywhere between 3% to 5% more on your debit/credit card transactions, you should get your Euros well before going to Europe to avoid any last-minute hiccups.
Q5. Why should you convert Euro online and not from a local money changer?
Ans. While you can purchase Euros for your Euro trip from a nearby bank or some local money changer but that would cost you dear and cause inconvenience. You can always go for a currency exchange marketplace where you can compare Euro rates online and place an order with the comfort of your home within a few clicks on your mobile.
With BookMyForex, India’s first and the largest currency exchange marketplace, you can check live Euro rates, place your order of foreign exchange, upload KYC documents, make a payment, all online from the comfort of your home. BookMyForex also delivers your forex to your doorstep in case you choose for the home delivery option, otherwise, you can also pick it from our nearby store.
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