0 People rated this page

USD to INR Currency Converter

From
Amount
To
Converted to
MyMoneySouq Currency Fair

Compare Exchange Rates

USD - US Dollar

The official currency n the United States of America is the US Dollar(USD) which is regulated by the Federal Reserve System. This was found in 1792. USD is one of the strongest currencies in the world. The available denominations in the USD are paper currency of $1, $2, $5, $10, $20, $50, and $100 and coins 1 Cent(1¢), 5 Cents(5¢), Dime(10¢) and Quater Dollar(25¢).

INR - Indian Rupee

The official currency in India is the Indian Rupee(INR) monitored by the Reserve Bank of India(RBI). The word rupee is derived from Sanskrit. In India, silver coins were used as currency during 1540. After quite a lot of alterations currently, there are 10, 50, 100, 200, and 2000 of paper currency and 1, 2, 5 coins are in use.

USD to INR historical rates

There are a lot of fluctuations in US Dollar to Indian Rupee from the last five years. The dollar rate keeps changing every other minute. In the last 5 years, the highest rate recorded was in October 2018 where 1 USD was equal to 74.35 INR and the lowest was in May 2014 where 1 USD was Rs. 58.29/-.

US Dollar to Indian Rupee Historical exchange rates graph

Check the historical rates of USD to INR for up to past 1 year. This chart helps in understanding the fluctuations in the currency exchange rate of the US dollar (USD) to Indian Rupee (INR).

Tips to follow while exchanging USD to INR

There are some tips that can be useful while exchanging USD to INR

  • As the Indian currency rate is lesser than the USD, it is preferable to exchange your currency right before your travel as the USD to INR rates might rise.
  • It is better to avoid exchanging your currency in the airport as the exchange fees are high in the airports in India.
  • It is better to carry less cash in India and make use of a forex travel card.
  • Make sure you get a forex travel card from a dealer who is authorized by the RBI.

How to send money from the USA to India

  • Via Bank: You can get the beneficiary bank account and SWIFT code details and transfer it from your bank account directly.
  • Via exchange centers: There are several exchange centers which will collect cash from you and credit it to the beneficiary bank account.
  • Through debit/credit cards: Exchange centers also transfer your money from your debit/credit cards to the beneficiary bank account.

Tips to save money while sending funds from the USA to India

While there are several options to transfer funds from the USA to India, there are a few ways where you can save money in this process

  • Some banks charge fewer fees compared to the exchange centers
  • There will be several fees and charges levied, make sure you understand those
  • Check for the exchange rates before you transfer
  • It is not recommended to use your credit card while transferring funds as the charges on the credit cards are slightly high compared to other ways

POPULAR CONVERSATIONS - USD to INR

1,10,20,25,30,50,100,200,300,400,500,600,700,1000,1500,2000,3000,4000,5000,10000

Currency Transfer Rates

Provider Conversion Rate Transfer Fee You Send Recipient gets
Currency Fair 1 $ = 85.7080 ₹ 120.00 ₹ $ 85588.00 ₹
Bank Transfer Rate* 1 $ = 83.9770 ₹ 2519.31 ₹ $ 81457.66 ₹
*Rate and charges mentioned here are approximate values. Charges and Rate will vary from bank to bank.