Convert USD to INR - US Dollar to India Rupees Exchange Rate | FX LeadersFX Leaders
Prices update in real time
POPULAR CURRENCY CONVERTERS
<% signal.Current.pair %> <% signal.Current.rate %>
WHAT IMPACTS THE USD/INR EXCHANGE RATE
USD/INR is an interesting currency pair in the world of forex trading as it pits the most popular currency in the world, the US dollar, against one of the most popular emerging market currencies, the Indian rupee. India is one of the fastest growing economies in the world, and as a result, this forex pair sees ample volatility and interest among traders willing to take some risks.The exchange rate of USD/INR is heavily impacted by the release of key economic data from both the US as well as India, including GDP, employment, manufacturing and services sector activity, trade balance, budget deficit/surplus and inflation. In addition, policy decisions by the central banks - the Federal Reserve and the Reserve Bank of India (RBI) also have a significant effect on the value of the USD and the INR respectively.USD/INR's exchange rate is also affected by commodity prices, especially those of crude oil and gold. This is because the US is the world's largest energy consumer while India is a major importer of crude oil. India is also one of the largest consumer markets for physical gold, after China, and any movement in gold prices can affect the value of the Indian rupee.
USD to INR CONVERSION RATES
USD
INR
<% amount * currencies.converter.rate |toFixed: 4 %> INR
INR
USD
<% amount / currencies.converter.rate |toFixed: 4 %> USD
USD to INR CHARTS
USD/INR Live Chart
USD/INR Historical Chart
USD to INR EXCHANGE RATE - FAQ
How do foreign investments into India impact the value of the INR?

India is one of the key emerging markets in the world and attracts considerable interest from foreign investors in several aspects of its economy. An increase in foreign direct investments (FDIs) into the Indian economy denotes growing confidence in the economy and plays an important role in boosting the value of the Indian rupee as a result. On the other hand, higher FDI outflows serve to weaken the currency.

How volatile is the USD/INR currency pair?

Unlike major currency pairs, trading USD/INR can be a tricky proposition, especially for newbie traders. This is because USD/INR is a highly volatile forex pair, mainly due to the volatility in the INR, whereas the USD is considered a stable currency. Beyond economic data and monetary policy decisions, the value of the INR is heavily dependent on external factors like the price of commodities and investor confidence in its economy. Any changes in global macroeconomics can drive high price action in the currency, and hence, in USD/INR.

What was the highest exchange rate for USD/INR this year?

The currency pair USD/INR touched a high of 77.010 on 22 April 2020. This has been the strongest level this forex pair has touched so far this year.