Convert Indian Rupee to Euro
INR to EUR Exchange Rate Calculator
1 Indian Rupee (INR) = 0.0090 Euro (EUR) at the live mid-market rate. That means $100 INR converts to roughly 0.90 EUR, and $1,000 INR converts to about 9.00 EUR. The INR/EUR rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day INR/EUR context
Over the past 90 days, INR/EUR has traded between 0.0089 and 0.0094. The current rate of 0.0090 sits roughly 19% through that range — near the lower end, meaning Euro has been stronger than typical against Indian Rupee recently. Versus the rate 90 days ago, Indian Rupee has weakened by 3.23% against Euro.
INR/EUR Price History
Interactive INR/EUR exchange rate chart with 7-day, 30-day, and 90-day views.
About Indian Rupee (INR)
The Indian Rupee (INR) is the official currency of India, serving over 1.4 billion people. Managed by the Reserve Bank of India (RBI) under a flexible inflation-targeting regime, INR has a structural depreciation bias against USD driven by persistent trade deficits and oil imports.
- •Issued by the Reserve Bank of India, founded in 1935
- •The ₹ symbol was officially adopted in 2010
- •India is the world's third-largest oil importer
- •RBI targets CPI inflation at 4% (±2%)
- •India's GDP is the world's fifth-largest by nominal output
About Euro (EUR)
The Euro (EUR) is the official currency of 20 European Union member states — collectively the Eurozone — and the world's second-most-traded currency. Introduced in 1999 as an accounting currency and 2002 as physical cash, it is managed by the European Central Bank (ECB) from Frankfurt.
- •Used daily by over 340 million people across 20 countries
- •Second-largest reserve currency, ~20% of global central bank reserves
- •EUR/USD is the world's most-traded currency pair (~23% of forex volume)
- •ECB sets the deposit facility rate, main refinancing rate, and marginal lending rate
- •Eurozone CPI target is 2% over the medium term
Frequently Asked Questions
Why is INR more volatile than most G10 currencies?
INR is an emerging-market currency, which means it is more sensitive to global risk appetite, commodity cycles, and US Dollar strength. Daily ranges of 1–3% are common during risk-off episodes, compared to 0.5–1% for major G10 pairs.
What is a typical daily range for INR/EUR?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move INR/EUR the most?
The biggest scheduled catalysts are RBI bi-monthly meetings and Foreign Portfolio Investment flows and ECB rate decisions and Eurozone flash CPI prints. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert INR to EUR at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market INR/EUR than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the INR/EUR rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market INR/EUR rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
Related Conversions
More on INR and EUR
Country money guides, key terms, rate history, and articles related to INR/EUR.
Country guides
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Reserve CurrencyA reserve currency is held in significant quantities by central banks and other major fina…
Rate history
Articles
- Indian Rupee Nearing 100/Dollar: Currency Crisis ExplainedThe rupee hit 94.82/USD — an all-time low. Foreign investors pulled $12B, the RBI staged its biggest intervention since 2013, and oil is making it worse.
- Currency Exchange Rates: How They Work and MoveLearn how currency exchange rates work, what causes fluctuations, and key factors every traveler, investor, and business should know.
- BRICS De-Dollarization Progress Tracker 2026: Latest Status & NumbersLive tracker of BRICS de-dollarization progress in 2026. USD reserve share, central bank gold buying, CIPS volume, member additions. Updated weekly with sources.
Related Reading
Background on Indian Rupee, Euro, and the forces that move INR/EUR.
USD vs EUR: Exchange Rate History and Analysis
USD/EUR exchange rate history from 1999 to 2026. Key events, economic forces, and trends shaping the world's most traded pair.
guideHidden Fees of Sending Money Abroad: Real Costs
Discover the hidden costs of international money transfers. Learn how exchange rate markups, wire fees, and intermediary charges can cost you hundreds.
how-toCheapest Way to Send Money Internationally in 2026 (Fees Compared)
The cheapest way to send money internationally in 2026, compared side-by-side. Wise vs PayPal vs bank wire vs Remitly vs OFX — fees, exchange rate markups, speed, and total cost on a $1,000 transfer.
Exchange rates refresh hourly · Sourced from institutional-grade data providers