1 us dollar equal to indian rupees

Get real-time exchange rates on USD to INR money transfers. Transfer US dollars to Indian rupees from the worlds leading money transfer companies.

Dollar Rate Today

As the dollar rate today continues to become stronger against the Indian rupee, many economists believe that the dollar to rupee is likely to reach 79.5 INR/1 USD in 2022. The USD to rupee continues to rise, making now a great time to send money overseas. Your recipient will receive more rupees for your dollars. This gives you much better value for your dollars!

1 Dollar in Indian Rupees

The reason the dollar price in India is continuing to rise against the rupee is due to a number of factors, including inflation and rising crude oil prices. According to experts, it is believed that the 1 dollar in rupees today will continue to stay within the 77-80 range. It does seem that the INR to USD is often reaching new lows as time goes on. A rebound is not in sight at the moment.

One large reason behind the USD to INR increase is the current account deficit, which is a net amount of a nation’s imports minus their exports. This is an important metric for determining a country’s overall economic health. If there is a large trade deficit, this can signal great reliance on foreign capital inflows which can weaken the Indian rupee. India's current account deficit is expected to rise due to increasing crude oil prices, expansionary fiscal policy, and low GDP growth.

Common INR Currency Converions

Dollar to Rupee Exchange Rate

When you need to send money to India online, you will want to look at the dollar to rupee exchange rate to see if it is high or low for that day. Exchange rates will fluctuate by the minute depending on the forex (foreign exchange) market. Since the INR to USD exchange rate is hitting all time lows, now is the best time to transfer money overseas to India.

Using our online comparison service allows you to look at more than just exchange rates for different companies. While one company may offer the lowest mid-market exchange rate, they may charge fees that others don’t, or the transfer may take longer than others. We show you the best companies offering competitive dollar to rupee exchange rates, quick transfer fees, and fast turnaround times.

US Dollar Rate in India Today

The US dollar rate in India today is constantly changing, so it is important to compare your options when it comes to sending money overseas. You’ll want to look at the current USD to INR today, along with transfer fees, speed, and more. You can compare companies offering USD to INR online remittance using our compare page. While the USD to INR is high, we recommend taking advantage of the exchange rate to get the most value for your dollars.

USD to INR Forecast 2023

The Indian rupee has continued to fall against the US dollar, despite intervention from the RBI (Reserve Bank of India). As with most currencies globally, action from the RBI can have a strong influence on the strength of the Indian rupee. Hiking interest rates can help lift the INR. The RBI raises or cuts interest rates according to inflation and the overall state of the Indian economy.

In this year alone, the Indian rupee has performed poorer than most other Asian currencies with its steady decline against the USD. The US Federal Reserve is expected to continue to hike interest rates into 2023 to battle the current high inflation within the US, which could further strengthen the US dollar against the Indian rupee. At the start of 2022, USD to INR traded at 74.50, and eventually rose to 83.50 in late October, which marked a record high.

The USD to INR Forecast for 2023 expects that the US dollar will continue to rise against the Indian rupee, with some analysts predicting that USD to INR could trade at around 85 or 86 by the end of 2023.

US Dollar to Indian Rupee Exchange Rate

82.40 INR/1 USD for Dec 08 2022

• Overview
• Interactive Chart

Level Chart

Basic Info

US Dollar to Indian Rupee Exchange Rate is at a current level of 82.40, up from 82.34 the previous market day and up from 75.44 one year ago. This is a change of 0.08% from the previous market day and 9.23% from one year ago.

ReportECB Euro Exchange RatesCategoryForeign Exchange

RegionIndiaSourceEuropean Central Bank

Stats

Last Value82.40Latest PeriodDec 08 2022Last UpdatedDec 9 2022, 14:06 ESTNext ReleaseAverage Growth Rate4.01%

Value from The Previous Market Day82.34Change from The Previous Market Day0.08%Value from 1 Year Ago75.44Change from 1 Year Ago9.23%FrequencyMarket DailyUnitINR to 1 USDAdjustmentN/AFormulaEuro to Indian Rupee Exchange Rate / Euro to US Dollar Exchange Rate

Historical Data

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DateValueDecember 08, 202282.40December 07, 202282.34December 06, 202282.40December 05, 202281.73December 02, 202281.27December 01, 202281.24November 30, 202281.36November 29, 202281.67November 28, 202281.66November 25, 202281.65November 24, 202281.66November 23, 202281.81November 22, 202281.64November 21, 202281.73November 18, 202281.70November 17, 202281.79November 16, 202281.24November 15, 202280.86November 14, 202281.19November 11, 202280.74November 10, 202281.68November 09, 202281.34November 08, 202281.55November 07, 202281.90November 04, 202282.07

DateValueNovember 03, 202282.93November 02, 202282.75November 01, 202282.52October 31, 202282.82October 28, 202282.46October 27, 202282.35October 26, 202282.02October 25, 202282.80October 24, 202282.78October 21, 202282.98October 20, 202282.74October 19, 202283.04October 18, 202282.28October 17, 202282.28October 14, 202282.30October 13, 202282.14October 12, 202282.32October 11, 202282.23October 10, 202282.47October 07, 202282.22October 06, 202282.21October 05, 202281.60October 04, 202281.59October 03, 202281.83September 30, 202281.48

Basic Info

US Dollar to Indian Rupee Exchange Rate is at a current level of 82.40, up from 82.34 the previous market day and up from 75.44 one year ago. This is a change of 0.08% from the previous market day and 9.23% from one year ago.

ReportECB Euro Exchange RatesCategoryForeign Exchange

RegionIndiaSourceEuropean Central Bank

Stats

Last Value82.40Latest PeriodDec 08 2022Last UpdatedDec 9 2022, 14:06 ESTNext ReleaseAverage Growth Rate4.01%

Value from The Previous Market Day82.34Change from The Previous Market Day0.08%Value from 1 Year Ago75.44Change from 1 Year Ago9.23%FrequencyMarket DailyUnitINR to 1 USDAdjustmentN/AFormulaEuro to Indian Rupee Exchange Rate / Euro to US Dollar Exchange Rate

Related Indicators

US Dollar Exchange Rates

US Dollar to Australian Dollar Exchange Rate1.482 AUD/1 USDUS Dollar to Brazilian Real Exchange Rate5.217 BRL/1 USDUS Dollar to Canadian Dollar Exchange Rate1.360 CAD/1 USDUS Dollar to Chinese Yuan Exchange Rate6.971 CNY/1 USDUS Dollar to Hong Kong Dollar Exchange Rate7.785 HKD/1 USDUS Dollar to Japanese Yen Exchange Rate136.66 JPY/1 USDUS Dollar to Mexican Peso Exchange Rate19.68 MXN/1 USDUS Dollar to New Zealand Dollar Exchange Rate1.573 NZD/1 USD

US Dollar to Norwegian Krone Exchange Rate9.970 NOK/1 USDUS Dollar to Pound Sterling Exchange Rate0.82 GBP/1 USDUS Dollar to Russian Ruble Exchange Rate105.00 RUB/1 USDUS Dollar to Singapore Dollar Exchange Rate1.355 SGD/1 USDUS Dollar to South African Rand Exchange Rate17.13 ZAR/1 USDUS Dollar to South Korean Won Exchange Rate0.0008 USD/1 KRWUS Dollar to Swedish Krona Exchange Rate10.37 SEK/1 USDUS Dollar to Swiss Franc Exchange Rate0.9401 CHF/1 USDUS Dollar to Turkish Lira Exchange Rate18.64 TRY/1 USD

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