The OFX USD to INR rate is 81.2935. This is -3.9% below the mid-rate. Compare OFX currency conversion rates - Reduce FX costs.
The OFX USD to INR exchange rate is 81.2935. This is -3.9% compared to the latest USD-INR mid-market rate 84.63.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Indian rupee (INR) rates from different sources before making a conversion.
Looking at our comparison table the best USD to INR exchange rate is 84.13 from Wise, -0.59% from the mid-market rate 84.63. The next best rate is 84.12 from XE, -0.6% from the mid-rate. Then Western Union with 83.28 is -1.6% from the mid-rate.
Among the banks, the Chase Bank rate is 76.64 at -9.4%, the Wells Fargo Bank rate is 76.13 at -10%, and the Citibank rate is 80.02 at -5.4% compared to the mid-rate 84.63.
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 like OFX or platforms that offer rates closer to the mid-market rate.
The table below shows OFX US dollar (USD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | OFX Send Money Rate | Cost% |
|---|---|---|---|
| USD - AED | 3.6731 | 3.6547 | -0.5%* |
| USD - AUD | 1.5514 | 1.5436 | -0.5%* |
| USD - BND | 1.3105 | 1.252 | -4.5% |
| USD - CAD | 1.3821 | 1.3752 | -0.5%* |
| USD - CHF | 0.8271 | 0.823 | -0.5%* |
| USD - CNY | 7.2950 | 6.9669 | -4.5% |
| USD - CZK | 22.05 | 21.94 | -0.5%* |
| USD - DKK | 6.6043 | 6.5713 | -0.5%* |
| USD - EUR | 0.8848 | 0.8804 | -0.5%* |
| USD - FJD | 2.2559 | 2.1332 | -5.4% |
| USD - GBP | 0.7538 | 0.75 | -0.5%* |
| USD - HKD | 7.7500 | 7.7113 | -0.5%* |
| USD - HUF | 358.06 | 356.27 | -0.5%* |
| USD - IDR | 16,474 | 15675.4961 | - |
| USD - ILS | 3.5873 | 3.5694 | -0.5%* |
| USD - INR | 84.63 | 81.2935 | -3.9% |
| USD - JPY | 144.90 | 144.18 | -0.5%* |
| USD - KRW | 1,399.9 | 0.988 | - |
| USD - KWD | 0.3066 | 0.3051 | -0.49%* |
| USD - LKR | 300.33 | 288.0918 | -4.1% |
| USD - MAD | 9.2623 | 8.8707 | -4.2% |
| USD - MGA | 4,453.7 | 3.86 | - |
| USD - MXN | 19.58 | 19.48 | -0.51%* |
| USD - MYR | 4.2700 | 4.2487 | -0.5%* |
| USD - NOK | 10.41 | 10.36 | -0.48%* |
| USD - NZD | 1.6801 | 1.6717 | -0.5%* |
| USD - OMR | 0.3850 | 0.3725 | -3.2% |
| USD - PEN | 3.6776 | 3.518 | -4.3% |
| USD - PGK | 4.0583 | 3.8446 | -5.3% |
| USD - PHP | 55.66 | 55.38 | -0.5%* |
| USD - PKR | 281.90 | 271.955 | -3.5% |
| USD - PLN | 3.7853 | 3.7664 | -0.5%* |
| USD - SAR | 3.7502 | 3.6147 | -3.6% |
| USD - SBD | 8.3300 | 7.4345 | -10.8% |
| USD - SCR | 14.21 | 13.1123 | -7.7% |
| USD - SEK | 9.6547 | 9.6064 | -0.5%* |
| USD - SGD | 1.2998 | 1.2933 | -0.5%* |
| USD - THB | 33.10 | 32.93 | -0.51%* |
| USD - TOP | 2.4078 | 2.1605 | -10.3% |
| USD - TRY | 38.58 | 38.39 | -0.49%* |
| USD - TWD | 30.72 | 29.1789 | -5% |
| USD - VND | 26,005 | 24410.7149 | - |
| USD - VUV | 118.72 | 110.8172 | -6.7% |
| USD - WST | 2.8000 | 2.4641 | -12% |
| USD - XOF | 580.36 | 558.7162 | -3.7% |
| USD - XPF | 105.58 | 101.688 | -3.7% |
| USD - ZAR | 18.39 | 18.3 | -0.49%* |
* BER discount rate that we have negotiated with OFX. To obtain these special rates, click through to OFX from our above exchange rate comparison tool.
The OFX Dollar to Rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest USD-INR mid-rate (see Market Data below ) and the possible savings of using various providers.
OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.
OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.
OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.
When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.
Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.
Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.
OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.
When you register via our OFX 0.5% exclusive offer for BER users the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.
For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.
US dollar (USD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/INR | Change | Period |
|---|---|---|---|
18 Apr 2025 | 85.38 | 1.8% ▼ | 2 Week |
01 Feb 2025 | 86.56 | 3.2% ▼ | 3 Month |
02 May 2024 | 83.40 | 0.5% ▲ | 1 Year |
03 May 2020 | 75.53 | 11% ▲ | 5 Year |
05 May 2015 | 63.45 | 32.1% ▲ | 10 Year |
07 May 2005 | 43.44 | 93% ▲ | 20 Year |
Here are some popular conversion amounts for USD to INR (US dollar to Indian rupee)*.
*Converted at the current USDINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to INR exchange rate outlook is currently shaped by a blend of geopolitical developments and domestic economic indicators. Recent forecasts indicate that the US dollar (USD) has experienced a boost due to renewed hopes for a trade deal between the US and China. This optimism has been driven by signs from China expressing willingness to engage in trade talks, combined with confidence from US Treasury Secretary Scott Bessent regarding potential negotiations. However, market participants are attentive to upcoming economic data, particularly April’s non-farm payroll figures, which could negatively impact the USD if job growth significantly slows.
Read our full review of recent USD to INR forecasts.
There are several ways to save on exchange rates when converting US dollar to Indian rupee:
Generally speaking, if you are buying Indian rupee with US dollar, then it's better for the USD/INR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to India — a practical currency and money guide to travel in India plus living and doing business with the Indian rupee.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/INR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | India (INR) |
The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.
The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.
Foreign nationals are subject to all laws in India, including local, state and national laws. There is no special legal status or exemption from Indian law for foreigners.
There is no one-size-fits-all answer to this question, as the experience of doing business in India can vary greatly depending on the specific industry, company, and location. However, in general, doing business in India can be challenging due to the country's complex bureaucracy, red tape, and corruption. Additionally, businesses may find it difficult to find qualified workers, and infrastructure can be unreliable.
The economy in India is complex and diversified. India is a newly industrialized country with a fast-growing economy. India's Gross Domestic Product (GDP) grew by 7.5% in 2016, and is expected to grow by 7.1% in 2017. India is the world's second-fastest growing economy after China.
Read more at our India (INR) country guide
A comprehensive guide to choosing the best money transfer provider, covering key factors like fees, speed, exchange rates, and customer support, with comparisons of top services such as Wise, OFX, WorldRemit, and XE Money Transfers.
Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2025. Which one is right for you depends largely on how much you’re sending, how often you transfer, and whether you value real-time convenience or personal account management.
If you’re selling online internationally, using an FX specialist can save you thousands. Better exchange rates, lower fees, and protection against currency swings can make a huge difference to your bottom line. Find out why smart online sellers are choosing FX specialists to manage their global payments — and how it could help you scale faster.
Further reading on Ofx - Guides, Reviews & News from our research team.
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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