USD to INR exchange rate
Mid-market USD/INR — the rate banks trade with each other, before anyone adds a margin. Use it as the benchmark for any quote you are given, including ours.
USD to INR at a glance
Converted at the mid-market rate above. A bank pricing the same amounts would typically build in 3–4%, which is the gap a specialist desk closes.
| US Dollar | Indian Rupee |
|---|---|
| $100.00 | ₹9,449.00 |
| $250.00 | ₹23,622.50 |
| $500.00 | ₹47,245.00 |
| $1,000.00 | ₹94,490.00 |
| $2,500.00 | ₹236,225.00 |
| $5,000.00 | ₹472,450.00 |
| $10,000.00 | ₹944,900.00 |
| $25,000.00 | ₹2,362,250.00 |
| $50,000.00 | ₹4,724,500.00 |
| $100,000.00 | ₹9,449,000.00 |
What moves the USD/INR rate
The single largest remittance corridor in the world by value. The rupee is managed against the dollar, so USD/INR moves in a narrower band than a free float would produce, and the Reserve Bank of India's intervention tends to cap sharp moves in either direction. Purpose codes are mandatory on inbound payments.
The USD leg
The dollar is the market's default safe haven, so it strengthens on risk-off sentiment as well as on Federal Reserve tightening — two drivers that can pull in the same direction at once.
The INR leg
The rupee is managed by the RBI rather than freely floating, so it trends gradually rather than gapping — but oil prices and portfolio flows still drive it.
Delivering INR
INR isn't fully convertible: inbound transfers carry an RBI purpose code and land in an NRE or NRO account. NRE balances stay freely repatriable, NRO balances don't — choose the account type before you send.
USD/INR questions
What is the USD/INR exchange rate today?+
The mid-market USD/INR rate is 94.4900, meaning 1 USD buys 94.4900 INR. This is the rate banks quote each other, before any margin is added — it is the number to compare any quote against.
Why is the rate I am offered lower than the USD/INR mid-market rate?+
Part of the gap on USD/INR is real: Indian Rupee trades in thinner volume than the majors, so the genuine spread is wider and local rules can add steps. The rest is margin the provider adds to the mid-market rate in place of a visible fee. Comparing the rate you are quoted against the mid-market figure above separates the two.
How long does a payment in INR take to arrive?+
INR isn't fully convertible: inbound transfers carry an RBI purpose code and land in an NRE or NRO account. NRE balances stay freely repatriable, NRO balances don't — choose the account type before you send.
Can I fix a USD/INR rate for a future payment?+
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead, which removes the risk of the rate moving between agreeing a price and paying it. That is common on property purchases and scheduled supplier payments.
Other USD rates
More on each currency: US Dollar · Indian Rupee · All live rates
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Tell us what you're moving and a specialist will come back with a live rate and next steps — usually within one business hour.