INR to EUR Exchange Rate Today: How Many Euros Your Rupees Buy

On 16 September 2026, ₹1 was worth about €0.0090, and ₹1,000 bought €9.03, going by the RBI reference rate of ₹110.7908 per euro published by FBIL. That is the mid-point: a bank selling you euros charges more, so your ₹1 lakh bought about €887 in cash at SBI that morning, against €902.60 at the reference rate.

INR to EUR exchange rate today: key facts

These are fixed daily figures, not a live quote. For the day’s rates across fifteen currencies, see our exchange rates today page, which is updated separately.

Indian rupees to euros: conversion table

The first column of figures uses the RBI reference rate for 16 September 2026. The second shows what SBI’s selling rate for currency notes that morning would give you, before any fees or tax.

A transfer gets you more euros than cash. At SBI’s TT selling rate of ₹112.08, ₹1 lakh became €892.22; on a forex card at ₹112.28, it became €890.63. For any other amount, use the currency converter. If you are converting euros into rupees instead, our EUR to INR rate guide covers selling euros back.

How the rupee has moved against the euro in 2026

The rupee has weakened against the euro this year, so each rupee buys fewer euros. The table uses the ECB’s monthly averages, turned into euros per ₹1,000.

The rupee’s strongest day against the euro in 2026 was 15 January, at ₹104.96 per euro. Its weakest was 20 May, at ₹112.32, when ₹1 lakh bought only about €890. Between 2 January and 16 September, the euros you get for ₹1 lakh at the ECB rate fell by about 4.5%, from €945.90 to €903.23. We do not publish forecasts; past movement says nothing reliable about next month.

How to change rupees into euros

1. Pick an authorised seller: an authorised dealer bank or an RBI-licensed full-fledged money changer.
2. Decide the form: a bank transfer for fees or rent, a forex card for spending, and a small amount of cash for arrival.
3. Compare the seller’s selling rate for that form against the day’s reference rate. The gap is your cost.
4. Give your PAN, which is mandatory for all transactions under the Liberalised Remittance Scheme (LRS).
5. Pay in cash only if the total is below ₹50,000. From ₹50,000 upward, pay by cheque, draft, pay order, or debit, credit or prepaid card.
6. Keep euro notes within USD 3,000 or its equivalent per trip, and load the rest on a card.

For a comparison of cash, cards and forex cards abroad, see forex card vs credit card vs cash.

Sending rupees to Europe: limits and tax

A resident can remit up to USD 2,50,000 a financial year under LRS for travel, study, gifts, maintenance of relatives abroad and investment. At the 16 September reference rates, that limit is roughly €2,16,500; the exact figure moves with the dollar-euro rate.

You can claim TCS against your income tax for the year, or get it back as a refund. Our page on LRS limits and TCS explains how it is credited.

Frequently asked questions

What is the INR to EUR exchange rate today in 2026?

On 16 September 2026, ₹1 equalled about €0.0090, from the RBI reference rate of ₹110.7908 per euro. Banks sell euros above that rate, so you receive fewer euros.

How many euros is ₹1 lakh?

About €902.60 at the 16 September 2026 reference rate. Buying euro notes at SBI’s selling rate that day would give about €887.

How many euros is ₹10,000?

About €90.26 at the reference rate, or €88.73 in notes at SBI’s selling rate of ₹112.70.

Has the rupee fallen against the euro in 2026?

Yes. The ECB rate went from ₹105.72 per euro on 2 January to ₹110.71 on 16 September, so ₹1 lakh buys about 4.5% fewer euros.

Why is the rate I get lower than the rate on Google?

Search results show a mid-market or reference rate. Banks and money changers add a margin when they sell euros, and cash carries the widest margin.

How much money can I send to Europe from India?

Up to USD 2,50,000 a financial year under LRS, with TCS applying above ₹10 lakh for most purposes.

Sources

• Current rates: exchange rates (Source: FBIL) — Reserve Bank of India (checked 17 Sep 2026)
• Euro reference exchange rate: Indian rupee — European Central Bank (checked 17 Sep 2026)
• EUR/INR daily reference rate series — European Central Bank data portal (checked 17 Sep 2026)
• Forex card rates, 16-09-2026 — State Bank of India (checked 17 Sep 2026)
• Miscellaneous forex facilities (FAQ) — Reserve Bank of India (checked 17 Sep 2026)
• Liberalised Remittance Scheme (FAQ) — Reserve Bank of India (checked 17 Sep 2026)
• Revision in TCS on LRS transactions from 1 April 2026 — Standard Chartered Bank India (checked 17 Sep 2026)