The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to the United States can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the United States bank accounts or pay a US dollar invoice.
INR to USD Market Data
Indian rupee (INR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the INR to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Indian rupee against the US dollar is to review how the INR/USD rate has changed over time.
The table below shows the percentage change in the INR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
USD to INR currently at 86.60, 1.2% above the 3-month avg. of 85.57. Analysts note a hawkish Fed supports USD despite geopolitical tensions from the Israel-Iran conflict. The INR faces mixed pressures with trade tariffs and rising oil prices impacting stability
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INR to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
What is the
best Send Money conversion rate for INR to USD?
The best INR to USD exchange rate is 0.0114 from Wise. This is -1.3% compared to the mid-market rate 0.011547.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Indian rupee (INR) to US dollar (USD) rates from different sources before making a conversion.
The above
Rupee to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest INR-USD mid-rate and the possible savings of using various providers.
How do INR-USD rates compare between providers?
Looking at the full
INR to USD - Send Money comparison table the provider with the best INR to USD exchange rate is Wise at 0.0114, -1.3% from the latest mid-market rate 0.011547.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.