Convert Indian Rupee to US Dollar
INR to USD Exchange Rate Calculator
1 Indian Rupee (INR) = 0.0105 US Dollar (USD) at the live mid-market rate. That means $100 INR converts to roughly 1.05 USD, and $1,000 INR converts to about 10.50 USD. The INR/USD 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/USD context
Over the past 90 days, INR/USD has traded between 0.0103 and 0.0109. The current rate of 0.0105 sits roughly 29% through that range — near the lower end, meaning US Dollar has been stronger than typical against Indian Rupee recently. Versus the rate 90 days ago, Indian Rupee has weakened by 3.76% against US Dollar.
INR/USD Price History
Interactive INR/USD 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 US Dollar (USD)
The United States Dollar (USD) is the world's primary reserve currency and the single most traded currency in global foreign exchange markets. Issued by the Federal Reserve System since 1913, it anchors the DXY (U.S. Dollar Index) and sits on one side of roughly 88% of all forex transactions.
- •Involved in ~88% of all daily forex turnover (BIS Triennial Survey)
- •Accounts for roughly 58% of allocated central bank reserves (IMF COFER)
- •Primary invoicing currency for global oil, metals, and most commodities
- •Dollar-denominated debt issued outside the US exceeds $13 trillion
- •The Federal Reserve sets the federal funds rate, which drives USD strength globally
Frequently Asked Questions
Why does the Indian Rupee keep weakening versus the Dollar?
USD/INR has a structural upward drift driven by India's persistent trade deficit (India imports 85%+ of its oil), high inflation relative to the US, and limited capital-account openness. RBI smooths the move but rarely fights the trend outright.
When does the RBI intervene in USD/INR?
The Reserve Bank of India actively manages USD/INR volatility rather than defending a specific level. You'll see RBI selling USD when INR is under pressure (to slow the depreciation) and buying USD when capital flows into Indian equities are strong.
Do foreign equity flows move USD/INR?
Yes, significantly. Foreign Portfolio Investment (FPI) inflows into Indian stocks strengthen INR; outflows weaken it. Monthly FPI data published by NSDL is one of the most reliable INR signals. Budget announcements (February each year) can also trigger sharp FPI shifts.
How do oil prices affect the Indian Rupee?
India imports over 85% of its crude oil, so higher Brent prices widen India's import bill and weaken INR. A $10 sustained move in Brent typically translates to 50–80 paise of INR depreciation over subsequent weeks.
What is the best way to send USD to India?
For pure rate, the mid-market USD/INR shown above is the benchmark. Actual transfer costs depend on the provider — direct-bank wires carry higher markups than fintech transfers (Wise, Remitly, InstaRem). Always compare the total delivered INR amount, not just the advertised "fee".
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Rate history
- USD/INR historyUSD/INR has shown one of the most consistent multi-decade trends in emerging-market FX — INR has weakened gradually but persistently against USD over 30+ years
- USD/PKR historyUSD/PKR has been one of the worst-performing major Asian currency pairs of the past decade — PKR depreciation from 100 (2014) to 280+ (2025) represents nearly 65% PKR loss against USD
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- 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.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers