Convert any of 160+ currencies using mid-market exchange rates refreshed daily. Indicative only - banks add a 1–3% markup on real transactions.
| Currency | Rate |
|---|
Currency conversion is a daily necessity for India's large and globally engaged population. India is the world's largest recipient of remittances - receiving over $125 billion in 2023 according to the World Bank - with significant inflows from the USA, UAE, UK, Canada, and Saudi Arabia. Students, working professionals, exporters, and NRIs regularly need to convert between the Indian Rupee (INR) and currencies like USD, AED, GBP, EUR, and SGD. Exchange rates fluctuate continuously based on RBI monetary policy, inflation data, and global capital flows.
The Indian Rupee is a partially convertible currency. The RBI intervenes in the forex market to manage excessive volatility, though the broader rate is market-determined through the interbank market and foreign exchange dealers. The rate displayed on this tool uses live data refreshed every hour from open exchange rate APIs. Rates shown are mid-market rates - the midpoint between buy and sell rates. Banks and money transfer operators charge a margin of 0.5% to 3% above the mid-market rate, so the actual amount received will vary.
Foreign exchange transactions in India are governed by the Foreign Exchange Management Act (FEMA), 1999, administered by RBI. Under the Liberalised Remittance Scheme (LRS), Indian residents can remit up to $250,000 per year abroad for education, travel, investment, and gifts. Understanding live conversion rates helps individuals make informed decisions about the timing of international transfers, fee payments for foreign universities, or foreign travel budgeting.