INR to USD Currency Converter with Live Rate

INR-USD Currency Converter

1 INR = 0.011996 USD

Interbank/ mid-market Rate at: 26-04-2024 23:21:56

Live US Dollar Exchange Rates

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USD to INR Forecast Updates

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the Indian rupee continued to peg to the British pound at a rate of 1 rupee = 1 shilling and 6 pence what can be withdrawn from the stated that as 13 1/3 rupees per British pound.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

Convert INR to USD Online as per Today’s Conversion Rate

Our online currency converter is showing you the value of 1 Indian Rupees in US Dollar according to the current foreign exchange rate'of USD 0.011996. Today i.e.Friday 26/04/2024 , for 1 Indian Rupees you get 0.011996 US Dollar. Change in INR to USD rate from previous day is -0.02%. Moreover, we have also added the table of the most popular INR to USD conversions and historical charts for current, weekly and monthly INR to USD rates.

With BookMyForex'currency calculator, you can convert Indian Rupee to US Dollar at best exchange rates. Our INR to US Dollar rates is LIVE and accurate to the last second. We update the rates every 3 seconds. BookMyForex.com allows you to check the rates which are interbank rates. Interbank rates are the same rates that you see on search engines. You won't be able to do better currency conversion anywhere else. BookMyForex offers the'most updated and unbeatable exchange rates to its customers.

How Can I Convert INR to USD in India?

In India, there are several ways to convert INR to USD, including at airports, local banks, offline money changers, or online via trusted forex platforms like BookMyForex. 

It is inconvenient to always have to run to a bank or an offline money changer to convert INR to USD. It involves a lot of effort, and even after all the hard work, you still end up paying more because banks/offline money changers typically charge 2 to 5% more than base rates.

Those traveling abroad are also likely to visit the airport terminal, where they can convert INR to USD. However, the currency exchange shops at airports charge you rates with up to 15% markup to compensate for various kinds of fixed costs such as salaries, rent, and other operating costs. In other words, all these places charge inconsistent and very high INR to USD conversion rates.

A Quick, Secure & More Affordable way to convert INR to USD is to use BookMyForex, A Trusted Forex Platform in India. The company is a subsidiary of MakeMyTrip, one of India's leading travel companies. When compared to more conventional choices like banks, local money changers, and airports, BookMyForex stands out as the top choice for converting INR to USD since they provide the most transparent conversion rates. The platform compares the rates offered by hundreds of RBI-approved money changers in your area to provide you with the best INR to USD conversion rates.

Placing an order with BookMyForex is easy and hassle-free; simply follow the steps mentioned below to exchange INR to USD:

Step 1: Order Details: Start by selecting your city and the currencies. Enter the amount and click on "Book This Order".

Step 2: Customer Details: Enter details such as your name, contact number, email ID, PAN number, countries you are traveling to, and the start & end dates of your trip.

Step 3: Eligibility Check: Specify the purpose of your trip & check your eligibility. Upload documents such as PAN card, Passport, Air Tickets, etc.

Step 4: Order Processing: Select an existing delivery/pickup address or enter a new one.

Step 5: Review Order: Finally, review your order and make payment via Netbanking, NEFT/RTGS, or UPI.

INR to USD Chart/ Historical INR to USD Rates

Below is the INR to USD rate chart for today, last 7 days, last 30 days and last 1 year

USD

1 INR = 0.011996 USD Interbank/ mid-market Rate at: 26-04-2024 23:21:56

Popular INR to USD Conversion Rates:

Indian Rupee (INR) US Dollar (USD)
1 INR 0.011996 USD
5 INR 0.05998 USD
10 INR 0.11996 USD
20 INR 0.23992 USD
25 INR 0.2999 USD
50 INR 0.5998 USD
100 INR 1.1996 USD
200 INR 2.3992 USD
250 INR 2.999 USD
300 INR 3.5988 USD
Indian Rupee (INR) US Dollar (USD)
500 INR 5.998 USD
1000 INR 11.996 USD
1500 INR 17.994 USD
2000 INR 23.992 USD
3000 INR 35.988 USD
5000 INR 59.98 USD
10,000 INR 119.96 USD
50,000 INR 599.8 USD
100,000 INR 1199.6 USD
1 Million INR 11996 USD

1 Indian Rupee To US Dollar Stats

  Last 30 Days Last 90 Days
High 0.012003 0.012074
Low 0.011969 0.011969
Average 0.011986 0.012021
Change 0.2841% 0.8773%

Currency information

USD - US Dollar

The US Dollar is the currency of the United States. The currency code for US Dollar is "USD". Click below to get more details and facts about US Dollar, its ranking & rates.

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USD - INR Forecast

USD to INR forecast derived from the thorough analysis of USD to INR exchange rate via moving averages, buy/sell signals & expert chart indicators. Click below to get a detailed USD to INR forecast.

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