Currency Converter
Convert between INR and 30 world currencies. Rates are indicative — check your bank for live rates.
Rates are approximate as of 2025. Check your bank or RBI for live rates before transacting.
Popular currency rates vs INR (2025)
Frequently asked questions
Where can I get the best INR exchange rate?
Banks like SBI and HDFC typically offer rates 1–2% better than airport kiosks. Online forex platforms like BookMyForex, ExTravelMoney, and Thomas Cook often offer the best rates and doorstep delivery. For large amounts (above ₹5L), wire transfers via your bank are cheapest overall.
What is the TCS (Tax Collected at Source) on forex?
From October 2023, TCS at 20% applies on forex remittances above ₹7 lakh per year under LRS (Liberalised Remittance Scheme). This is a tax credit, not an additional cost — you can claim it when filing your ITR. Travel card top-ups for foreign trips are TCS-exempt up to ₹7L.
Are these rates used by Indian banks?
No. These are indicative mid-market rates. Banks add a margin of 1–3% (the "spread") over the mid-market rate. Currency exchanges and airports charge even more. For real transactions, always check the bank's live rate or use a forex comparison site.
How do I send money abroad from India?
Use SWIFT/wire transfer through your bank, or online platforms like Wise (formerly TransferWise), Remitly, or SBI's online remittance. LRS allows up to USD 2,50,000 per year for most purposes. Pan card is mandatory. Transfers above ₹50,000 require Form A2.
Why does the INR fluctuate?
INR is influenced by trade deficit, FII/FDI flows, RBI intervention, crude oil prices (India imports ~85% of its oil), US Dollar Index (DXY), domestic inflation, and global risk sentiment. RBI intervenes in the forex market to prevent excessive volatility but lets the INR largely float.