INR to USD Currency Converter with Live Rate

INR-USD Currency Converter

1 INR = 0.012112 USD

Interbank/ mid-market Rate at: 08-06-2023 14:39:43

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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the Indian rupee continued to peg to the British pound at a rate of 1 rupee = 1 shilling and 6 pence what can be withdrawn from the stated that as 13 1/3 rupees per British pound.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 0.012112. Today i.e.Thursday 08/06/2023 , for 1 Indian Rupees you get 0.012112 US Dollar. Change in INR to USD rate from previous day is +0.07%. 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.

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 = 0.012112 USD Interbank/ mid-market Rate at: 08-06-2023 14:39:43

Popular INR to USD Conversion Rates:

Indian Rupee (INR) US Dollar (USD)
1 INR 0.012112 USD
5 INR 0.06056 USD
10 INR 0.12112 USD
20 INR 0.24224 USD
25 INR 0.3028 USD
50 INR 0.6056 USD
100 INR 1.2112 USD
200 INR 2.4224 USD
250 INR 3.028 USD
300 INR 3.6336 USD
Indian Rupee (INR) US Dollar (USD)
500 INR 6.056 USD
1000 INR 12.112 USD
1500 INR 18.168 USD
2000 INR 24.224 USD
3000 INR 36.336 USD
5000 INR 60.56 USD
10,000 INR 121.12 USD
50,000 INR 605.6 USD
100,000 INR 1211.2 USD
1 Million INR 12112 USD

1 Indian Rupee To US Dollar Stats

  Last 30 Days Last 90 Days
High 0.012182 0.01222
Low 0.012071 0.012071
Average 0.012126 0.012145
Change 0.9196% 1.2344%

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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