Live USD to INR Rate Today

USD-INR Currency Converter

USD = 76.18 INR

Interbank/ mid-market Rate at: 2020-04-06 04:33:39

Buy, Sell or Transfer US Dollar in India

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USD to INR Chart/ Historical USD to INR Rates

USD to INR Forecast


Major Support Level ₹70.70
Major Resistance Level ₹72.55


Rupee Rates are likely to increase over the next few days*

USD to INR Forecast for different time periods
  Range Expected
Today 71.95- 71.65
7 days 71.30 - 71.90
30 days 70.25 - 72.10
1 Year 69.00 - 73.00

USD to INR Forecast Updates

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Current USD to INR Exchange Rate:

US Dollar (USD) Indian Rupee (INR)
1 USD to INR 71.60 INR
10 USD to INR 358.00 INR

USD to INR Frequently Asked Questions

To answer the legendary question–How the Indian rupee has devalued since 1947 till date?We’ve come up with a simple clarification. If you believe that exchanging 1 USD to INR in 1947 would have got you 1 Rupee exactly, then, sadly, that’s not true reason being when India got her independence in the year 1947, there were no outstanding credits on the balance sheet of India that kept Indian Rupee at parity with the US Dollar. Also, the Indian Rupee was pegged to Pounds then since India was under British Raj, keeping the value stable at that moment. As reported: from 1927 to 1966, 1 pound valued to 13 INR. Right after Independence however, the Indian rupee continued to peg to the British pound at a rate of 1 rupee = 1 shilling and 6 pence what can be withdrawn from the stated that as 13 1/3 rupees per British pound. However, the sources state that British pound would have worth about 4 USD at that point of time – hence, concluding that the US Dollar would’ve been more than 3Rs then. When India launched its first 5 Year Plan, the Indian Rupee resultingly used to peg with the U.S. dollar at a rate of 7.5 rupees = 1 dollar until 1971.
Indian Rupee has performed well against other major currencies which include currencies of other Emerging Market Economies. Hence, it’s the US Dollar that has gained against the majority of currencies. Indian Rupee however has weakened against the US Dollar, so have almost all major currencies against US Dollars. But when we compare the data of last 5 years then Indian Rupee has appreciated against almost all major currencies. However, despite the appreciation against other currencies, a weak rupee against the dollar will have a significant impact on India’s economy since US Dollar is the main currency for international trade

Get The Best Rate to Convert USD to INR

The most popular exchange that happens for Rupee is with the US Dollar. US dollar being among the strongest currencies in the world, the Indian rupee gets highly exchanged with it. You can convert INR to USD at best exchange rates in multiple ways You Can also get live & Best USD Rates. However, the most used and effective way is to convert INR to USD online. The benefit is that the rate of INR to USD is live and accurate to the last second. Around 4 million NRIs are living in America, and almost every major American corporation has an office in India.

This means a lot of exchange of not just manpower but money as well. That is the reason for the popularity of USD to INR exchange. Also when you travel abroad to a new country, there are plenty of places where you may not be able to find exchange ready to accept Indian Rupees.

In that case, you should always convert to USD from INR. Because of its popularity, it is cheaper to carry US Dollars even if the local currency of the country you're travelling to, is available. This is because currency rates, especially of products such as cash currency and traveller's cheques are priced based on a demand-supply relationship.

 

Convert USD to INR Online

Money changers or banks might look the safest option to exchange your money but think again! Do you want to end up paying more? As far as rates are compared banks generally sell at a day's rate, i.e., their rates are not live, and therefore you cannot get the benefit of the lower rate ( fluctuations).

In the Forex market, the rates change during the day and you might end up selling your dollars at a higher rate or buy dollars with more money spends. The higher rates are rates which are loaded with a high margin that banks add to cover up the fluctuations during the day.

On the other hand, money changers thrive and earn by charging you a higher cost when you convert USD to INR. The smarter way to do USD to INR exchange is using the online medium. With online exchange BookMyForex, you get the live rates; thus you get more USD for your INR.

 

How Can I Convert Dollar (USD) to Rupee (INR) in India?

There are multiple ways to convert USD to INR in India. The traditional approach involved going to banks. You stand in the queue and wait for your turn. This was not only time consuming but pretty frustrating and even after all the effort, you end up paying a high cost. The second way was to search for a money changer where the first check is whether they have the desired USD or not.

Also Read:  History of USD to INR from 1947 to 2020

With that starts the long process of rate haggling and being surprised that you are not getting the rate you saw in business news channels. The third way was to do it at Airport; however, people realized that the cost to exchange USD to INR was way higher and charges were exorbitantly high at airports.

The smarter, faster and most economical way which now is being used by millions is using online marketplace-BookMyForex.com deals only with RBI authorized money changers, and hence you can trust us completely. Be smart to book the live rates from us and get more money for your USD exchange. 

 

Convert USD to INR with BookMyForex.com

With BookMyForex.com you can convert Dollar to Indian Rupee at best exchange rates. Our Dollar to INR rates is LIVE and accurate to the last second. BookMyForex.com allows you to check the rates which are inter-bank rates. Interbank rates are the same rates that you see on search engines or Online currency converter websites or Business News Channels.

 

Convert INR to USD

Our INR to USD currency converter ( in the page above) allows you to see the exact rate on which you can convert INR to US Dollar. You get live exchange rates for United States Dollar to India Rupee. Use BookMyForex.com free USD calculator to convert 1 USD to INR ( or 1 INR to USD) and see the exact rates you will get. Even when you want to know the exchange rate of USD to INR online, without any hidden charges, the USD converter works perfectly fine.

 

Don't Risk with Local Money Changers

Some money changers will quote you exceptionally good rates and shall give your door delivery too, but you should not trust them. The problem happens as the genuineness of currency is compromised and the hidden charges that they might demand later.

There are many fake notes in circulation, and there have been many stances of counterfeit notes being provided to the customers in exchange of USD. The hidden charges might come in the shape of inflated taxes which they shall not tell you while quoting rates or some use the terms like Bank fees or storage charges. At BookMyForex, the tax slabs are transparently displayed 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 USD, book your dollars here and relax.

 

Which is the Best online Company to Convert USD to INR?

Undoubtedly BookMyForex.com, because we compare rates of 100s of money changers and bankers in your area to bring you the best rate. You have the option to freeze in the 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 sends you an alert. BookMyForex.com through its multiple tie-ups with Banks & Money changers always gets the best US Dollar to INR rates for you.

 

Stop Paying For Foreign Exchange in India

With BookMyForex.com you don't have to pay any hidden fees or charges to convert US Dollar to Rupee or vice versa. Exchange your Dollars or any other foreign currency back into Indian rupees at exact interbank rates.

 

USD to INR Frequently Asked Questions

As per the RBI guidelines, you can carry INR upto Rs. 25,000 only in cash while travelling abroad. Also, you run the risk of getting it exchanged at an expensive rate than in India. The other option you would have is you can use debit or credit card abroad but that would cost you anywhere between 3% to 5% more than a forex card. Therefore, exchanging INR to USD in America itself may not be a great idea.
Yes, Being an RBI licensed currency exchange marketplace, BookMyForex ensures complete transparency in your currency exchange transaction. You would be provided with a proper receipt of your currency exchange transaction. Even if you get your receipt misplaced, you can ask for a duplicate copy by sharing the order details.
As per the Liberalized Remittance Scheme (LRS) of the Reserve Bank of India, a person can consume foreign exchange only upto 2.5 lakh US dollars or its equivalent to other currency cumulatively in a financial year. So you can calculate the limit upto which you can carry USD for your foreign trip depending on your earlier consumption of foreign exchange in the current financial year
As the foreign exchange market is highly volatile, there is no particular time per se to buy or sell USD in India. However, in economic terms, you should buy USD in India when Rupee is trading at relatively stronger levels against the US dollar so that you need to pay a lesser amount in INR to buy USD. Similarly, if you are looking to sell USD then you should do it when USD to INR exchange rate is on the higher side, i.e INR trading at weaker levels so that you get more INR per US dollar.
Since BookMyForex is an online currency exchange marketplace, it provides the best US Dollar selling rate as it firstly scans through USD rate quoted by multiple money changers near to your location and then quote you with the best USD selling rates. You can place your order online with the comfort of your own home and get your forex delivered directly to your doorstep. Further, there are no hidden or extra charges involved in your order.

Current USD to INR Exchange Rate:

US Dollar (USD) Indian Rupee (INR)
1 USD to INR 76.18
5 USD to INR 380.9
10 USD to INR 761.8
20 USD to INR 1523.6
25 USD to INR 1904.5
50 USD to INR 3809
100 USD to INR 7618
200 USD to INR 15236
250 USD to INR 19045
300 USD to INR 22854
US Dollar (USD) Indian Rupee (INR)
500 USD to INR 38090
1000 USD to INR 76180
1500 USD to INR 114270
2000 USD to INR 152360
3000 USD to INR 228540
5000 USD to INR 380900
10,000 USD to INR 761800
50,000 USD to INR 3809000
100,000 USD to INR 7618000
1 Million USD to INR 76180000
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