![]() ![]() Also, visit our blog and youtube channel for more details. ![]() Connect to our experts using the button below to get advisory on choosing the best time to remit money to India capitalizing on the best exchange rates for USD to INR. But worry not! We at SBNRI, trace these changes on a regular basis to help you with your investments and remittances. These factors are very volatile and these exchange rates fluctuate every day. The balancing of imports with exports is a very essential factor to determine the strength and value of the currency. The more the country exports its goods and services the more the currency strengthens. With the positives falling in one place, the value of the currency rises and it becomes preferred by investors globally. The economic, social and political conditions of a country defines how strong or weak its currency will be. There are a lot of other factors that affect the rate of exchange such as interest rates, balance of payments, supply of money, etc. The lowering of inflation is a healthy sign for the economy of the country resulting in the appreciation of the currency. The exchange rate of the currencies is impacted by external factors like inflation, which refers to the rates at which the general price of goods and services increase in a country. The Forex market is the largest market in the world and the trade of currencies happens almost all the time. Once you see the historical exchange rate graph appear, scroll anywhere along the graph line to see the historical exchange rate for that particular day in that year.How to find the Cheapest way to Remit Money to India The Factors effecting Exchange RateĬonverting one currency to another involves multiple factors that affect these exchange rates. You can select the specific year for which you wish to see the historical exchange rates. ValutaFX has 10 years of history for most currency pairs. Yes, you can see historical conversion rates from Indian Rupees to US Dollars on the Indian Rupee to US Dollar history page. Can I see historical conversion rates for INR to USD? Yes, you can convert over 120 global currencies to US Dollars using the ValutaFX currency converter. The highest Indian Rupee to US Dollars exchange rate in the last 5 years was 0.0146 US Dollars per Indian Rupee on Wednesday, July 10, 2019. What is the highest INR to USD rate in the last 5 years? USD to INR Conversion Table How to Convert USD to INR 1 United States Dollar 82.070934 Indian Rupee 1 Indian Rupee 0. The current exchange rate between the Indian Rupee and the US Dollar is 1 INR = 0.0121 USD. What is the current exchange rate between INR and USD? In the last 5 years, the Indian Rupee has depreciated -15.81% relative to the US Dollar. The Indian Rupee is weaker than the US Dollar at this time. If you execute a trade from Indian Rupees to US Dollars late in the week, please bear in mind that the trade might not settle until the following week. However, between 3-4 PM GMT is often a good time if you want to convert Indian Rupees to US Dollars because trading volumes tend to be highest at this time. ![]() What time of the day is best for INR to USD conversions?Ĭurrency pairs are traded throughout the day, and consequently, their values can fluctuate constantly. In the last 5 years, the US Dollar reached a high of 82.996 Indian Rupees to one US Dollar on Wednesday, October 19, 2022. When was the US Dollar at its highest compared the Indian Rupee in the last 5 years? What is ₹100 in US Dollars?ġ00 Indian Rupees = 1.2072 US Dollars as of Friday, Aug11:15 AM UTC. ![]() You can get live exchange rates between Indian Rupees and US Dollars using the ValutaFX free online currency converter. INR to USD Converter - FAQs What is the value of one Indian Rupee in US Dollars?ġ Indian Rupee = 0.0121 US Dollars as of Friday, Aug11:15 AM UTC. ![]()
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