Convert between INR and 150+ currencies with automatically updated live exchange rates. INR to USD, EUR, GBP, AED, SAR, JPY, SGD and more — instant results, no signup required.
Fetching live exchange rates…
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Quick — ₹1,000 to Popular Currencies
🇺🇸USD—
🇪🇺EUR—
🇬🇧GBP—
🇦🇪AED—
🇸🇦SAR—
🇸🇬SGD—
🇯🇵JPY—
🇰🇼KWD—
How to Use This Converter
1
Enter your amount
Type the amount you want to convert. The result updates automatically as you change the amount or currency.
2
Select From and To currencies
Choose from 20 popular currencies covering all major global and Gulf destinations for Indians.
3
Read the live result
The converter fetches live mid-market rates automatically. The quick grid below shows ₹1,000 converted to 8 popular currencies at a glance.
⚠️Rates shown are mid-market rates — the midpoint between buy and sell. Your bank or money changer will apply a spread, typically 0.5–2% away from this rate.
💱 Live Rates vs ₹1
1 INR → USD…
1 INR → EUR…
1 INR → GBP…
1 INR → AED…
1 INR → SAR…
1 INR → JPY…
🔒 Pegged Currency Rates
USD → AED3.6725
USD → SAR3.7500
USD → QAR3.6400
USD → BHD0.3760
USD → OMR0.3845
These rates are fixed pegs — they do not fluctuate with the market.
Understanding Exchange Rates — Mid-Market vs Bank Rates
The exchange rate shown in this converter is the mid-market rate — the midpoint between the price at which banks are willing to buy a currency and the price at which they will sell it. It is also called the interbank rate or spot rate, and it is what you will see on Google, Reuters, or Bloomberg.
The rate you actually get when you exchange money will differ from this rate. Banks and money changers apply a spread — they buy at a lower rate and sell at a higher rate. The difference is their margin, typically 0.5% to 2% from the mid-market rate for individuals, and sometimes more at airports.
Provider
Typical Spread from Mid-Market
Best For
Airport money changers
3–5%
Emergency only — most expensive
Bank branch (walk-in)
1.5–2.5%
Convenient but costly
Bank forex card (online)
1–2%
Good for travel
BookMyForex / Niyo
0.3–1%
Best for travel money and cards
Wise (international transfer)
0.3–0.7%
Best for international remittances
Practical tip: On a ₹5 lakh forex transaction, a 1.5% better rate saves ₹7,500. Always get quotes from at least 2 sources — bank, BookMyForex, and your forex card provider — before transacting large amounts.
LRS — Sending Money Abroad from India
The Liberalised Remittance Scheme (LRS), governed by the Reserve Bank of India, allows any Indian resident individual to remit up to USD 2,50,000 per financial year for permissible purposes without requiring prior RBI approval.
Permitted purposes: Education fees, tuition payments, medical expenses abroad, overseas travel, investment in overseas shares and property, gifts to relatives abroad, maintenance of close relatives.
How to remit: Via Authorised Dealer banks (your own bank). You need Form A2 + PAN + purpose declaration. Most banks process online in 1–2 working days.
Minors: Remittances for minors require the natural guardian to sign the LRS declaration.
Above USD 2,50,000: RBI prior approval required. Rarely granted except for specific medical or education emergencies.
TCS on Foreign Currency — How It Works
Tax Collected at Source (TCS) under Section 206C(1G) applies on foreign currency remittances under LRS above ₹7 lakh per financial year. TCS is collected by your bank at the time of remittance and deposited with the government on your behalf.
Purpose
TCS Rate (above ₹7L/year)
Overseas tour packages
20%
General forex (investments, gifts, travel self-booked)
20%
Overseas education (loan funded)
0.5%
Overseas education (own funds)
5%
Medical treatment abroad
5%
⚠️TCS is not an additional tax — it is an advance tax credit. The amount deducted appears in Form 26AS and can be fully claimed as a credit when you file your Income Tax Return, reducing your tax payable or increasing your refund.
NRI Remittances — Timing and Best Practices
For NRIs sending money to India, the USD/INR rate directly impacts how many rupees their family receives. A 1% difference in the rate on a $10,000 remittance = ₹840–₹860 more or less — significant when done monthly.
Timing: Watch the USD/INR rate. The rupee tends to weaken during India's import-heavy periods (April–June) and strengthen when FII inflows are strong. Setting rate alerts on Wise or Remitly helps time large transfers.
NRE vs NRO accounts: Remittances to NRE accounts are fully repatriable and interest is tax-free in India. NRO accounts have repatriation limits of USD 1 million per year after tax.
Best platforms: Wise, Remitly, and InstaReM consistently offer better rates than bank SWIFT transfers for small-to-medium remittances. For large amounts (above $50,000), a bank forex service may offer better rates.
Frequently Asked Questions
The USD to INR rate fluctuates daily. Use the live converter above for the exact current rate — it fetches live data automatically. As a rough reference, the rate has been in the ₹83–87 range through 2025-26.
TCS (Tax Collected at Source) applies on foreign currency purchases above ₹7 lakh per financial year. Most purposes attract 20% TCS above that threshold. TCS is an advance tax — it is credited to your account and refunded or adjusted when you file your ITR. It is not a final cost.
The Liberalised Remittance Scheme (LRS) allows Indian residents to remit up to USD 2,50,000 per financial year without prior RBI approval. This covers education, travel, medical, overseas investments, and gifts. Above this limit, RBI permission is required.
The spread between buy and sell is how banks earn their margin. When you buy foreign currency, the bank's sell rate applies — higher than mid-market. When you sell (receive foreign currency to your account), the buy rate applies — lower than mid-market. The difference is typically 0.5–2%.
Key pegged currencies: UAE Dirham (AED) at 3.6725, Saudi Riyal (SAR) at 3.75, Qatari Riyal (QAR) at 3.64, Bahraini Dinar (BHD) at 0.376, and Omani Rial (OMR) at 0.3845. These are fixed and do not fluctuate with market conditions.
SWIFT is the international standard for cross-border bank wire transfers — takes 1–5 business days and has fees (₹500–₹2,000 per transfer plus correspondent bank charges). Alternatives like Wise, Remitly, or Western Union often offer better rates than bank SWIFT for individual transfers.
A 1% move in USD/INR on a $5,000 remittance = roughly ₹4,200 more or less in the recipient's account. NRIs often time large remittances when the rupee weakens (more INR per dollar), which can add up significantly when done regularly over a year.
For real-time mid-market rates: Google Currency, XE.com, Wise. For actual transactions, compare Niyo Global, BookMyForex, Thomas Cook, and your bank's forex card. The rate you get will differ from mid-market — always compare at least two providers before large transactions.