What’s the average exchange rate for USD to INR in the past month?

In the past month, the average exchange rate for converting US dollars (USD) to Indian rupees (INR) hovered around **₹88.67 per $1**, according to recent data.

For anyone sending money abroad via a remittance service, this rate is meaningful: it sets the baseline expectation for how much INR recipients will receive.upee - data, forecasts, historical chart - was last updated on June 8 of 2025. The USD/INR exchange rate fell to 85.7300 on June 6, 2025, down 0.15% ...

For anyone sending money abroad via a remittance service, this rate is meaningful: it sets the baseline expectation for how much INR recipients will receive. Because exchange-rates fluctuate daily, knowing this average helps you decide when to send. When the dollar strengthens vs. the rupee (i.e., more rupees per dollar), it’s a better time to transfer; when the rupee strengthens, you might wait.

Of course, actual remittance costs include more than just the rateees, transfer speed, payout method and provider margins matter. So if you’re sending money to India, keep this recent average in mind, compare providers, and then act when the rate moves in your favour—especially if you transmit regularly.

How do fluctuations in the USD to INR exchange rate affect travelers?

Fluctuations in the USD to INR exchange rate can have a significant impact on travelers, especially those remitting money or planning trips to India. A stronger USD means that travelers from the U.S. get more Indian Rupees for every dollar exchanged. This provides more purchasing power, reducing overall travel expenses.

On the flip side, when the USD weakens against the INR, travelers will receive fewer Rupees, making their trip more expensive. For those sending remittances, the fluctuating exchange rate can result in sending more or less money, affecting the value of financial support sent back home.

For businesses in the remittance sector, understanding these fluctuations is crucial. Clients may rely on timely and competitive exchange rates to maximize their transfers. By staying informed about trends in the USD to INR exchange rate, remittance providers can offer better value and help travelers make the most out of their finances.

What is the difference between interbank and retail exchange rates for 10 USD to INR?

When sending money across borders, understanding the difference between interbank and retail exchange rates is crucial. For remittance businesses, this distinction impacts the cost and efficiency of transactions.

Interbank exchange rates are the rates at which banks trade currencies with each other. These rates are generally the most favorable and serve as the benchmark for currency conversion. When you see the exchange rate for USD to INR on financial news, it’s often the interbank rate, which is typically used by large financial institutions and corporations.

Retail exchange rates, on the other hand, are what consumers face when converting currencies at money transfer services or banks. These rates usually include a markup over the interbank rate to account for the service provider’s fees and profit margin. Consequently, retail rates tend to be less favorable than interbank rates, resulting in higher costs for remittances.

For those sending $10 USD to INR, the difference between the interbank rate and retail rate can result in a notable discrepancy in the amount the recipient receives. Remittance businesses should be transparent about these rates to ensure customers are fully aware of how much money will reach their loved ones after conversion.

Are there mobile apps to track the conversion of USD to INR?

In the fast-paced world of remittances, staying on top of currency exchange rates is crucial. For businesses and individuals dealing with international transfers, tracking the conversion of USD to INR (U.S. Dollar to Indian Rupee) is essential. Thankfully, several mobile apps are designed specifically for this purpose, providing real-time updates on exchange rates and helping users make informed decisions.

Some popular mobile apps for tracking USD to INR conversion include XE, Remitly, and PayPal. These apps offer accurate and up-to-date exchange rates, along with other useful features such as transfer tracking, transaction history, and notifications on rate changes. They allow users to monitor fluctuations in real time and plan their remittance strategies accordingly.

Additionally, many of these apps integrate seamlessly with remittance services, allowing for quick and efficient transfers. By using these apps, both businesses and individuals can optimize their remittance process and ensure they are getting the best exchange rate for their USD to INR transactions.

Does the exchange rate of 10 USD to INR vary by city in India?

When sending remittances to India, one of the key concerns is the exchange rate. A common question that arises is whether the exchange rate of 10 USD to INR varies by city in India. The short answer is no, exchange rates generally do not vary by city. The exchange rate is typically determined by the central bank of India and influenced by global financial markets, not by local factors like location.

However, it's worth noting that while the exchange rate remains consistent across cities, the rates you receive when exchanging money can differ. This variation is due to the service fees and margins set by different remittance providers or currency exchange outlets. For instance, banks, money transfer services, or local exchanges may offer slightly different rates depending on their fees and operating costs.

If you're sending money to India, it's crucial to compare rates from various remittance services to find the best deal. Always keep an eye on exchange rates, and consider any hidden charges that could affect the final amount your recipient will receive. Choosing a reliable service that offers competitive rates can make a significant difference in remittance costs.

What is the exchange rate for 10 USD to INR in major Indian cities like Delhi and Mumbai?

When sending money to India, understanding the exchange rate for USD to INR is crucial. The exchange rate can fluctuate depending on various factors such as global market trends and economic conditions. In major Indian cities like Delhi and Mumbai, the exchange rate for 10 USD to INR typically reflects the broader market trend, but there may be slight variations based on the local remittance providers and their fees.

As of the latest data, 10 USD generally converts to approximately 820 to 850 INR in both Delhi and Mumbai. However, this is subject to change depending on the day’s market conditions. For those sending money via remittance services, it is important to compare the rates offered by different providers, as some may offer slightly better rates or lower fees, making a significant difference in the final amount received.

To ensure that you get the best value for your money, check with reputable remittance services for real-time exchange rates. Additionally, keep an eye on any promotions or special offers that could enhance your transfer amount. Accurate exchange rate tracking and understanding fees can help you maximize the amount received by the recipient in India.

How does inflation in India affect the USD to INR conversion rate?

Inflation in India has a significant impact on the USD to INR conversion rate, influencing remittance businesses and the overall economy. When inflation in India rises, it decreases the value of the Indian Rupee (INR) relative to the US Dollar (USD). This often leads to an increase in the cost of goods and services in India, making it more expensive for businesses and consumers.

As inflation erodes the purchasing power of the INR, the USD becomes stronger in comparison. For remittance businesses, this means that those sending money to India may receive fewer Rupees for the same amount of USD, especially during periods of high inflation. This fluctuation can create challenges for both senders and receivers of remittances, who may experience changes in the amount of money they are able to transfer or receive.

For remittance businesses, understanding inflation's role in exchange rates is crucial for providing accurate and reliable services. Monitoring inflation trends helps these businesses offer better conversion rates and assist customers in managing their transfers effectively, minimizing potential losses due to exchange rate fluctuations.

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