Indian Rupee to US Dollar — INR to USD
INR to USD Converter
INR/USD Rate — Last 30 Days
INR dipped 0.29% this week — minor weakness, within normal market noise.
The 7-day average rate is above the 30-day average — recent momentum favors INR strengthening vs USD. Uptrends can persist, but watch for a mean-reversion pullback.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
RSI above 50 means buyers are in control over the recent period. At 69, momentum is moderately bullish — not extreme, suggesting the trend has room to continue without being overextended.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 0.0105 | 0.0105 | 0.0105 |
| 30 days | 0.0106 | 0.0103 | 0.0105 |
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Historical INR/USD Rates by Year
What drives the INR/USD rate?
Whether you're an Indian professional converting rupees to dollars, paying for US services, or following RBI policy, here's what drives the Indian Rupee to US Dollar rate. The INR/USD rate is managed by the Reserve Bank of India (RBI), which intervenes in currency markets to prevent excessive volatility. India runs a persistent current account deficit, meaning it imports more than it exports, which creates structural demand for USD. However, large remittance inflows — India is the world's top remittance recipient at over $100 billion per year — and foreign investment in Indian equities and bonds provide significant dollar supply. The rupee tends to depreciate gradually over time, with RBI intervention smoothing the pace.
How to get the best INR to USD rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 INR exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.