The Indian currency vs world currencies exchange rate has always been a crucial aspect of global financial markets. The Indian rupee (INR) fluctuates against major global currencies due to multiple economic and geopolitical factors.
Understanding the dynamics of the Indian currency vs world currencies exchange rate is essential for businesses, investors, and policymakers to make informed financial decisions.
In this blog, we will analyze the performance of the Indian rupee against major world currencies, the factors influencing the Indian currency vs world currencies exchange rate, and the future outlook.
| Key Takeaways |
| The Indian Rupee has historically depreciated due to inflation, economic reforms, and global market conditions. |
| The current INR/USD rate is ₹87.30 per USD, and fluctuations are influenced by factors like trade deficits, RBI policies, and global geopolitical events. |
| A weaker rupee makes studying abroad, traveling, and imports more expensive but benefits Indian exporters. |
| Students and travelers should track forex rates to get the best exchange rates for international transactions. |
Table of contents
- Historical Trends of Indian Currency Vs World Currencies Exchange Rate
- List of Indian Currency Vs World Currencies Exchange Rate
- Comprehensive Overview of Indian Currency Vs World Currencies Exchange Rate
- Indian Currency Vs United States Currency Rate
- Indian Currency Vs Eurozone Currency Rate
- Indian Currency Vs United Kingdom Currency Rate
- Indian Currency Vs Australia Currency Rate
- Indian Currency Vs Canada Currency Rate
- Indian Currency Vs Japan Currency Rate
- Indian Currency Vs Switzerland Currency Rate
- Indian Currency Vs China Currency Rate
- Indian Currency Vs Singapore Currency Rate
- Indian Currency Vs United Arab Emirates Currency Rate
- Indian Currency Vs Saudi Arabia Currency Rate
- Indian Currency Vs Russia Currency Rate
- Indian Currency Vs South Africa Currency Rate
- Indian Currency Vs Brazil Currency Rate
- Factors Influencing Indian Currency Vs World Currencies Exchange Rate
- Current Trends and Future Projections of the Indian Rupee
- FAQs on Indian Currency Vs World Currencies Exchange Rate
Historical Trends of Indian Currency Vs World Currencies Exchange Rate
The Indian Currency Vs World Currencies Exchange Rate has experienced significant shifts since India’s independence. Initially, the Indian rupee was pegged to the British pound and later to the US dollar under a fixed exchange rate system.
However, due to changing economic conditions, India gradually transitioned to a more flexible exchange rate regime.
In the post-independence era, the Indian currency vs world currencies exchange rate remained relatively stable, with INR 1 = USD 1 in 1947. Over time, economic pressures led to periodic devaluations:
- 1966 Rupee Devaluation: India devalued the rupee from INR 4.76 to INR 7.50 per US dollar due to a balance of payments crisis and financial aid conditions.
- 1991 Economic Reforms: A severe foreign exchange crisis forced another major devaluation, weakening the rupee from INR 17 to INR 25 per US dollar. This marked the beginning of India’s economic liberalization.
- Post-1990s Exchange Rate Trends: India adopted a managed floating exchange rate system, where market forces influenced the Indian currency vs world currencies exchange rate. The rupee continued to depreciate over the decades, surpassing INR 50 per US dollar in 2012 and INR 80 per dollar in 2022.
Global economic factors, including fluctuations in the US dollar, euro, and Chinese yuan, have significantly impacted the Indian currency vs world currencies exchange rate. Additionally, factors like foreign direct investment (FDI), remittances, and forex reserves have played a crucial role in stabilizing the rupee.
List of Indian Currency Vs World Currencies Exchange Rate
The exchange rates of the Indian currency vs world currencies fluctuate based on various economic factors, including inflation, interest rates, geopolitical events, and market demand. Below is a list of Indian currency vs world currencies exchange rates.
| Country | Currency | Exchange Rate (INR) |
| United States | US Dollar (USD) | 87.30 |
| Eurozone | Euro (EUR) | 92.07 |
| United Kingdom | British Pound (GBP) | 110.09 |
| Australia | Australian Dollar (AUD) | 57.09 |
| Canada | Canadian Dollar (CAD) | 61.81 |
| Japan | Japanese Yen (JPY) | 0.57 |
| Switzerland | Swiss Franc (CHF) | 97.86 |
| China | Chinese Yuan (CNY) | 11.97 |
| Singapore | Singapore Dollar (SGD) | 64.36 |
| United Arab Emirates | UAE Dirham (AED) | 22.86 |
| Saudi Arabia | Saudi Riyal (SAR) | 23.28 |
| Russia | Russian Ruble (RUB) | 0.95 |
| South Africa | South African Rand (ZAR) | 4.75 |
| Brazil | Brazilian Real (BRL) | 17.42 |
Note: Exchange rates are dynamic and may vary daily. It is recommended to check real-time forex platforms, financial institutions, or central bank updates for the most accurate and cheapest currency exchange forex rates to save money.
Also Read: Best Ways to Exchange Currency
Comprehensive Overview of Indian Currency Vs World Currencies Exchange Rate
One of the important things of Indian currency vs world currencies exchange rate is currency exchange rate calculations. Below is a detailed country-wise analysis of how the INR compares against major global currencies and the impact of these fluctuations.
Indian Currency Vs United States Currency Rate
As of March 2025, 1 US Dollar is equivalent to INR 87.30. The Indian Rupee has weakened against the US Dollar due to strong foreign investments in the US and high interest rates set by the Federal Reserve.
A weaker rupee makes imports like crude oil and electronics more expensive for India, increasing inflation. However, it benefits India’s export-driven sectors, such as IT and pharmaceuticals, making Indian services more competitive in the global market.
Indian Currency Vs Eurozone Currency Rate
The Euro trades at INR 92.07 per 1 EUR, reflecting the European Central Bank’s monetary policies and economic stability in the Eurozone. A stronger Euro makes European imports like automobiles, machinery, and luxury goods costlier for Indian consumers.
It also increases the cost of education for Indian students studying in Europe. However, Indian exports to European markets may gain an advantage when the rupee depreciates.
Indian Currency Vs United Kingdom Currency Rate
The British Pound Sterling is valued at INR 110.09 per GBP, making it one of the most expensive currencies against the INR. The Pound remains strong due to the UK’s economic resilience despite post-Brexit uncertainties.
A higher exchange rate means increased costs for Indians traveling to or studying in the UK. On the other hand, Indian companies exporting goods like textiles and IT services benefit when the rupee weakens against the pound.
Indian Currency Vs Australia Currency Rate
The exchange rate of 1 AUD is INR 57.09, influenced by global commodity prices and India-Australia trade relations. The cost of studying and traveling in Australia increases when the INR weakens against the AUD.
However, Indian exports, such as textiles and agricultural products, gain an advantage when the rupee is lower.
Indian Currency Vs Canada Currency Rate
The Canadian Dollar is currently INR 61.81 per CAD, fluctuating based on oil prices and Canada’s economic performance. A weaker rupee makes studying in Canada more expensive for Indian students.
However, IT professionals’ earnings in CAD benefit as remittances sent to India are worth more. Additionally, trade relations between India and Canada, particularly in agriculture and energy sectors, are impacted by exchange rate movements.
Indian Currency Vs Japan Currency Rate
The Japanese Yen is valued at INR 0.57 per JPY, making it one of the lowest exchange rates numerically. However, due to Japan’s strong economy and trade policies, the Yen remains stable.
A weaker rupee increases the cost of importing Japanese technology, automobiles, and electronics. Conversely, Indian exports such as pharmaceuticals and software services benefit when the rupee depreciates.
Indian Currency Vs Switzerland Currency Rate
The Swiss Franc trades at INR 97.86 per CHF, making it one of the strongest currencies against the rupee. The Swiss economy’s stability and safe-haven status contribute to the high value of the Franc.
This exchange rate makes Swiss goods like watches, chocolates, and pharmaceuticals expensive for Indian consumers. Additionally, Indian tourists and businesses dealing with Switzerland face higher costs.
Indian Currency Vs China Currency Rate
The Chinese Yuan is valued at INR 11.97 per CNY, reflecting China’s strong export-driven economy. A rising Yuan makes imports of Chinese goods such as electronics, industrial machinery, and consumer products more expensive for India.
Given that India imports a significant portion of its electronics and manufacturing components from China, a weaker rupee increases costs for Indian businesses and consumers.
Indian Currency Vs Singapore Currency Rate
The Singapore Dollar is currently INR 64.36 per SGD, reflecting Singapore’s strong financial sector and economic policies. A higher exchange rate makes business transactions, tourism, and studying in Singapore more expensive for Indians.
However, Indian companies operating in Singapore benefit from a favorable investment climate.
Indian Currency Vs United Arab Emirates Currency Rate
The UAE Dirham is pegged to the US Dollar and is valued at INR 22.86 per AED. Since millions of Indian workers are employed in the UAE, a stronger Dirham benefits them by increasing the value of remittances sent back to India.
However, for Indian businesses importing crude oil from the UAE, a weaker rupee increases costs.
Indian Currency Vs Saudi Arabia Currency Rate
Similar to the UAE Dirham, the Saudi Riyal is valued at INR 23.28 per SAR and is pegged to the US Dollar. The currency’s stability benefits Indian workers in Saudi Arabia, as their earnings become more valuable in INR.
However, India’s heavy dependence on crude oil imports from Saudi Arabia means that a weaker rupee leads to higher fuel prices domestically.
Indian Currency Vs Russia Currency Rate
The Russian Ruble trades at INR 0.95 per RUB, fluctuating based on oil prices and geopolitical factors. India and Russia maintain strong trade relations, particularly in defense and energy.
When the rupee weakens against the Ruble, the cost of importing Russian oil and military equipment increases, impacting India’s trade balance.
Indian Currency Vs South Africa Currency Rate
The South African Rand is valued at INR 4.75 per ZAR, with fluctuations influenced by commodity exports and economic stability in South Africa.
A weaker rupee increases the cost of Indian imports from South Africa, particularly gold, diamonds, and minerals.
Indian Currency Vs Brazil Currency Rate
The Brazilian Real trades at INR 17.42 per BRL, affected by Brazil’s political and economic situation. India imports agricultural products and chemicals from Brazil, and currency fluctuations influence trade costs.
A weaker INR makes imports more expensive, impacting Indian businesses.
One of the important things is to keep an eye on currency exchange rate calculations and fluctuations.
Factors Influencing Indian Currency Vs World Currencies Exchange Rate
Several domestic and global factors impact the Indian currency vs world currencies exchange rate. These factors determine the movement of the rupee against major global currencies and influence India’s financial stability.
Inflation and Economic Growth
Inflation rates play a crucial role in shaping the Indian currency vs world currencies exchange rate. High inflation reduces the purchasing power of the rupee, leading to depreciation.
Conversely, stable economic growth strengthens the rupee, making it more competitive in global markets. India’s economic growth rate and fiscal policies significantly influence the value of INR against world currencies.
Foreign Trade and Balance of Payments
A trade deficit—where imports exceed exports—negatively impacts the Indian currency vs world currencies exchange rate. A higher demand for foreign currency weakens the rupee, whereas a trade surplus strengthens it.
India’s major imports include crude oil, gold, and machinery, while exports consist of IT services, textiles, and pharmaceuticals. The trade balance directly affects the rupee’s value in the forex market.
Foreign Direct Investment (FDI) and Capital Flows
The Indian currency vs world currencies exchange rate is also influenced by foreign investments in Indian markets. When foreign investors pour money into Indian equities and businesses, demand for the rupee increases, strengthening the currency.
However, large-scale withdrawals by foreign investors can lead to rupee depreciation. In 2024, India witnessed nearly USD 15 billion in foreign investment outflows, putting pressure on the rupee.
Global Geopolitical Events and Economic Policies
Geopolitical tensions, trade wars, and economic policies of major economies impact the Indian currency vs world currencies exchange rate. Events such as the U.S.-China trade war, oil price fluctuations, and monetary policies of the Federal Reserve influence forex markets.
Recently, concerns over U.S. recession risks have led to fluctuations in emerging market currencies, including the rupee.
Role of the Reserve Bank of India (RBI) and Monetary Policies
The Indian currency vs world currencies exchange rate is significantly affected by the policies of the Reserve Bank of India (RBI). The RBI intervenes in the forex market to stabilize the rupee through interest rate adjustments and foreign exchange reserves.
By selling or buying U.S. dollars, the RBI manages excessive fluctuations in the rupee’s value, ensuring currency stability.
Also Read: Multi-Currency Forex Card / Apply
Current Trends and Future Projections of the Indian Rupee
As of March 2025, the Indian currency vs world currencies exchange rate continues to face volatility due to global uncertainties. Some major trends include:
- Foreign Capital Outflows: Recent outflows from Indian stock markets have led to rupee depreciation, with over USD 3 billion withdrawn in March 2025 alone.
- Trade and Economic Growth: Despite economic growth, trade imbalances continue to exert pressure on the rupee.
- RBI’s Intervention: The RBI has taken active measures to stabilize the rupee, keeping it within the 87.40-87.50 range against the USD.
The Indian Currency Vs World Currencies Exchange Rate is a critical factor for global trade, investment, and economic policies. Fluctuations in INR value impact sectors like imports, exports, Forex trading, and international education. Keeping track of INR exchange rates helps businesses, travelers, and investors make informed financial decisions.
FAQs on Indian Currency Vs World Currencies Exchange Rate
The Indian currency vs world currencies exchange rate refers to the value of the Indian rupee (INR) compared to major global currencies like the US Dollar (USD), Euro (EUR), and British Pound (GBP).
The INR fluctuates due to factors such as inflation, foreign trade, interest rates, foreign investments, and global geopolitical events.
A weaker rupee makes imports expensive, increasing inflation, while a stronger rupee benefits Indian importers and travelers but can impact exports.
The rupee has evolved from being pegged to the British pound to a floating exchange rate system, with significant fluctuations based on economic reforms and global market trends.
As of March 2025, 1 USD is equivalent to INR 87.30. The rupee’s value against the dollar depends on US Federal Reserve policies, capital flows, and India’s trade balance.
Key factors include inflation, foreign direct investment (FDI), trade balance, Reserve Bank of India (RBI) policies, and global economic conditions.
A weaker rupee makes studying and traveling in countries like the US, UK, and Australia more expensive, increasing living and tuition costs.
A weaker rupee benefits export-driven industries like IT, textiles, and pharmaceuticals, making Indian goods and services more competitive in global markets.
The RBI manages rupee volatility by buying or selling US dollars and adjusting interest rates to stabilize currency fluctuations.
The rupee is expected to remain volatile due to foreign capital outflows, trade imbalances, and global economic uncertainties, with the RBI playing a key role in managing fluctuations.
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