US Dollar to Indian Rupee — USD to INR
USD to INR Converter
USD/INR Rate — Last 30 Days
USD dipped 0.05% this week — minor weakness, within normal market noise.
The 7-day and 30-day averages are very close — USD/INR is consolidating without a clear directional bias. Watch for a breakout from this range.
4 consecutive days where USD fell vs INR. Sustained selling pressure — could mean a fundamental shift or just a temporary correction.
The rate is at its lowest point in 30 days. USD is under significant selling pressure. At lows, a bounce is possible — but only if the fundamental drivers change.
RSI of 26 means USD has fallen fast relative to INR and may be oversold. RSI below 30 often precedes a bounce — but in a strong downtrend, the rate can stay oversold for weeks.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 94.8137 | 94.4376 | 94.5734 |
| 30 days | 96.8244 | 93.8602 | 95.1468 |
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Historical USD/INR Rates by Year
What drives the USD/INR rate?
Whether you're converting USD for travel, business, or investment, here's what drives the USD to INR exchange 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 USD to INR 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 USD 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.