Indian Rupee (INR) Live Exchange Rate & Remittance Guide
INR · ₹ · Reserve Bank of India (RBI)
1 USD =
₹94.782
About the Indian Rupee
The Indian Rupee has a history spanning over 2,500 years, with coinage dating to the Mauryan Empire. The modern rupee was decimalized in 1957, replacing the anna-pie system. Post-independence, the RBI has managed the currency through various exchange rate regimes, moving to a managed float since the 1990s liberalization.
Why INR matters for remittance
India is the world's top remittance recipient, receiving over $120 billion annually. The Indian diaspora in the USA, UK, UAE, and Canada drives substantial inflows, primarily supporting family expenses, education, and real estate.
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Live rates fetched from Wise's public comparison API. For currency conversion mid-rates we display Wise's quoted rate, which has zero markup. Methodology.