As of June 7, 2026, 1 Indian Rupee converts to approximately 0.010509 US Dollars, reflecting a +0.54% change from the previous day (Source: BookMyForex). The exchange rate fluctuates continuously, driven by global economic factors and market demand.
Over the last 30 days, the INR to USD rate has ranged from a low of 0.0103 to a high of 0.0106, with a 30-day average of 0.0105 (Source: wise.com). This dynamic rate impacts international transactions, remittances, and travel expenses for Indian residents.
The Reserve Bank of India (RBI) publishes reference rates, with the USD/INR rate at 95.400 in June 2026, while the all-time high recorded was 96.844 USD/INR on May 20, 2026 (Source: RBI). These rates are for understanding the rupee’s value against the dollar.
Current INR to USD Exchange Rates (As of June 7, 2026)
The live conversion rate for INR to USD varies slightly across different platforms due to interbank rates, retail markups, and real-time market movements. Always verify the exact rate with your chosen provider before any transaction.
| Metric | Value | Date/Time | Source/Context |
|---|---|---|---|
| 1 Indian Rupee to US Dollar | 0.010509 USD | Sunday 07/06/2026 | BookMyForex |
| Change from previous day | +0.54% | Sunday 07/06/2026 | BookMyForex |
| 1 Indian Rupee to US Dollar | 0.01049 USD | June 7, 2026 06:35 PM UTC | exchange-rates.org |
| 100 Indian Rupees to US Dollars | 1.0486 US Dollars | June 7, 2026 06:35 PM UTC | exchange-rates.org |
| Mid-market INR to USD rate | $0.0105 for ₹1 | 11:31 UTC | xe.com |
| 1 INR to USD exchange rate | 0.01038 USD | – | Paytm |
| USD/INR exchange rate | 95.250 | – | Investing.com |
| Previous close USD/INR exchange rate | 94.945 | – | Investing.com |
| India Foreign Exchange Rate: RBI: Reference Rate: US Dollars | 95.400 USD/INR | Jun 2026 | Reserve Bank of India |
| India Foreign Exchange Rate: RBI: Reference Rate: US Dollars (previous) | 95.743 USD/INR | Jun 2026 | Reserve Bank of India |
| USD to INR exchange rate | 90.70 | Feb 16th, 2026 | Thomas Cook |
| USDINR exchange rate | Rs. 91.3400 | May 13, 2026 | SAMCO |
Recent INR to USD Rate Trends (2026)
The Indian Rupee has shown volatility against the US Dollar in 2026, with significant movements observed over various periods. Understanding these trends helps individuals plan their currency conversions more effectively.
| Period | High Rate (INR to USD) | Low Rate (INR to USD) | Average Rate (INR to USD) | Change (%) | Source |
|---|---|---|---|---|---|
| Last 7 days | 0.0105502 (June 1, 2026) | 0.0104262 (June 4, 2026) | Between 0.0104 and 0.0105 | – | wise.com, xe.com |
| Last 30 days | 0.0106 | 0.0103 | 0.0105 | -0.96 | wise.com |
| Last 90 days | 0.0109 | 0.0103 | 0.0106 | -3.64 | wise.com |
| May 19, 2026 | – | 0.01036 | – | – | exchange-rates.org |
| 2025-6-6 to 2026-6-5 | 0.01171 (July 3, 2025) | 0.01036 (May 19, 2026) | 0.01112 | -10.05 | exchange-rates.org |
| Largest 24-hour movement | – | – | – | 0.423% decrease | wise.com (June 7, 2026) |
Historical Context of INR to USD Rates
The Indian Rupee’s journey against the US Dollar has seen significant shifts since India’s independence. In 1947, the Rupee was at parity with the US Dollar, primarily due to no external debt. However, IT was pegged to the British Pound, with 1 Pound equaling 13 INR between 1927 and 1966 (Source: BookMyForex).
Post-independence, the Rupee maintained relative stability at ₹4.76 per dollar between 1950 and 1966. The highest rate from Indian Rupees to US Dollars in the last 10 years was 0.01580 US Dollars for each Indian Rupee, recorded on January 7, 2018 (Source: exchange-rates.org).
Fees and Charges for INR to USD Conversion
Converting INR to USD involves various fees and charges, which can impact the final amount received. These charges differ based on the service provider and the method of conversion.
| Provider/Method | Description | Typical Charges |
|---|---|---|
| Revolut | Small transfer fee when sending INR to a USD account | Depends on transfer method, destination country, and amount |
| Airport Currency Exchange Shops | Markup charged to compensate for operating costs | Up to 15% markup over base rates |
| Banks/Offline Money Changers | Markup charged on the base exchange rate | 2% to 5% more than base rates |
| General Currency Exchange | Fee for exchanging currency | 1% of gross amount (max ₹100,000, min ₹250), plus ₹45 GST |
RBI guidelines limit cash purchases for foreign exchange to ₹49,999.
INR to USD Converter Tool
An INR to USD converter tool provides real-time exchange rates, showing that as of June 7, 2026, 1 Indian Rupee equals approximately 0.010509 US Dollars (Source: BookMyForex). These tools also offer historical data and rate alerts to help users track currency movements.
| Parameter | Details |
|---|---|
| Purpose | Convert Indian Rupee (INR) to US Dollar (USD) for international money transfers, travel, overseas education expenses, and international payments. |
| Real-time Rates | Provides live and accurate exchange rates, updated every 3 seconds (BookMyForex) or using real-time mid-market rates (Wise, Xe). |
| Current Rate (June 7, 2026) | 1 INR = 0.010509 USD (BookMyForex) |
| Daily Change (June 7, 2026) | +0.54% change in INR to USD rate from previous day (BookMyForex) |
| 30-Day High (as of June 2026) | 0.0106 USD (Wise.com) |
| 30-Day Low (as of June 2026) | 0.0103 USD (Wise.com) |
| 90-Day High (as of June 2026) | 0.0109 USD (Wise.com) |
| 90-Day Low (as of June 2026) | 0.0103 USD (Wise.com) |
| Historical Data | Offers charts and data for past performance, including daily, weekly, monthly, 30-day, 90-day, 12-month, and up to 5 years of historical exchange rates. |
| Rate Alerts | Users can set alerts to be notified when the exchange rate moves in their favor (Wise, Xe). |
| Conversion Process | Enter the INR amount, select USD as the target currency, and the tool displays the converted value based on the current exchange rate. |
| Factors Affecting Rate | Rates are dynamic and depend on geopolitical scenarios, performance of currencies pegged to USD, interest rates, and inflation in both countries. |
| Provider Variation | Retail exchange rates are not fixed by a single authority; banks, money exchangers, and online platforms quote their own rates by adding a margin to the interbank rate. |
| Additional Features | Includes currency rankings, information on currency codes (INR, USD) and symbols (₹, $), and options for cross-border payments and FX risk management solutions. |
| Average Exchange Rate (2025-2026) | 0.01112 US Dollars per Indian Rupee (June 6, 2025 to June 5, 2026, Source: exchange-rates.org) |
| Highest Rate (Last 10 Years) | 0.01580 US Dollars per Indian Rupee on January 7, 2018 (Source: exchange-rates.org) |
| Worst Exchange Rate (2026) | 0.0104 USD on June 4, 2026 (Source: exchangerates.org.UK) |
| RBI Reference Rate (June 2026) | 95.400 USD/INR (Source: Reserve Bank of India) |
These converter tools provide data for individuals and businesses managing international transactions, reflecting the dynamic nature of the INR to USD exchange rate.
INR to USD Historical Rates (2025-2026)
The Indian Rupee (INR) to US Dollar (USD) exchange rate averaged 0.01112 USD per INR between June 6, 2025, and June 5, 2026 (Source: exchange-rates.org). The highest rate during this period was 0.01171 USD per INR on July 3, 2025, while the lowest was 0.01036 USD per INR on May 19, 2026.
| Metric | Value | Date/Period |
|---|---|---|
| INR to USD Average Exchange Rate | 0.01112 USD per INR | June 6, 2025 – June 5, 2026 |
| INR to USD Highest Exchange Rate | 0.01171 USD per INR | July 3, 2025 |
| INR to USD Lowest Exchange Rate | 0.01036 USD per INR | May 19, 2026 |
| INR to USD Lowest Exchange Rate | 0.0103 USD per INR | May 20, 2026 |
| INR to USD Highest Exchange Rate (Past Week) | 0.0105502 USD per INR | June 1, 2026 |
| INR to USD Lowest Exchange Rate (Past Week) | 0.0104262 USD per INR | June 4, 2026 |
| INR to USD Worst Exchange Rate | 0.0104 USD per INR | June 4, 2026 |
| INR to USD Best Exchange Rate | 0.0112 USD per INR | December 24, 2025 |
| INR to USD Rate (Live) | 0.010509 USD for 1 INR | Sunday, June 7, 2026 |
| Change in INR to USD Rate (Previous Day) | +0.54% | Sunday, June 7, 2026 |
| INR to USD 30-Day High | 0.0106 USD | As of June 2026 |
| INR to USD 30-Day Low | 0.0103 USD | As of June 2026 |
| INR to USD 90-Day High | 0.0109 USD | As of June 2026 |
| INR to USD 90-Day Low | 0.0103 USD | As of June 2026 |
| Largest 24-hour Price Movement (INR to USD) | 0.423% decrease | June 7, 2026 |
| RBI Reference Rate: US Dollars | 95.400 USD/INR | June 2026 |
| RBI Reference Rate: US Dollars (All-time High) | 96.844 USD/INR | May 20, 2026 |
| RBI Reference Rate: US Dollars (Record Low) | 43.949 USD/INR | July 27, 2011 |
| USD to INR Exchange Rate (Thomas Cook) | 90.70 | February 16, 2026 |
| Indian Rupee Trading Level against US Dollar | 92.9 levels | End of February 2026 |
| Indian Rupee New Low against US Dollar | 96.38 | May 19, 2026 |
| Indian Rupee Recovered Level against US Dollar | 95.86 | Friday, May 2026 |
These historical rates the volatility of the INR against the USD, influenced by global economic factors and domestic policies.
Factors Influencing INR to USD Rate
The INR to USD exchange rate is highly dynamic, influenced by economic and geopolitical factors in both India and the US. As of June 2026, the rate reflects shifts in trade balances, interest rate differentials, and global market sentiment. Understanding these factors helps anticipate currency movements for better conversion decisions.
- Interest Rate Differentials: Higher interest rates in the US compared to India can attract foreign investment to US dollar-denominated assets. This increases demand for the USD, potentially strengthening IT against the INR.
- Inflation Rates: A higher inflation rate in India relative to the US can erode the purchasing power of the Indian Rupee. This typically leads to a depreciation of the INR against the USD.
- Trade Balance: India’s trade deficit, where imports exceed exports, creates higher demand for foreign currency (USD) to pay for imports. This puts downward pressure on the INR.
- Foreign Exchange Reserves: The Reserve Bank of India (RBI) uses its foreign exchange reserves to intervene in the market. Selling USD from reserves can strengthen the INR, while buying USD can weaken IT.
- Crude Oil Prices: India imports a significant portion of its crude oil, which is typically priced in USD. Rising oil prices increase India’s import bill, leading to higher USD demand and INR depreciation.
- Foreign Institutional Investment (FII): Inflows of FII into Indian equity and debt markets increase demand for the INR, strengthening IT. Outflows have the opposite effect.
- Geopolitical Events: Global events like conflicts, political instability, or major economic crises can lead to a flight to safety, increasing demand for the US Dollar as a reserve currency.
- Government Policies: Fiscal and monetary policies adopted by the Indian government and the RBI, such as changes in tax laws or capital controls, can directly impact investor sentiment and currency flows.
These interconnected factors collectively determine the daily fluctuations in the INR to USD exchange rate, making IT to monitor them for informed financial planning.
How to Convert INR to USD
Converting Indian Rupees to US Dollars involves several methods, each with varying rates and fees. As of June 7, 2026, 1 Indian Rupee equals approximately 0.010509 US Dollars, but this rate fluctuates based on the chosen conversion method and provider.
- Online Forex Platforms: Use platforms like BookMyForex or Wise for live, competitive interbank rates. These platforms update rates every few seconds, offering transparency and often lower markups compared to traditional banks.
- Banks and Financial Institutions: Convert INR to USD through your bank, either online or at a branch. Banks typically charge a markup of 2% to 5% over the base rates, along with potential transfer fees.
- Authorized Money Changers: Visit RBI-authorized money changers for over-the-counter conversions. These outlets also apply a markup, which can be up to 15% at airport exchange counters due to higher operating costs.
- Travel Cards: Load INR onto a multi-currency travel card, which converts IT to USD at competitive rates. This method often provides better rates than cash exchanges and offers security benefits.
- International Money Transfer Services: Services like Western Union help sending money from India to over 200 countries. They process an average of 25 transfers per second, with exchange rates and fees varying by payment and payout methods.
- Direct Bank Transfers (Wire Transfers): For larger amounts, a direct wire transfer from an Indian bank account to a USD account is an option. While secure, these transfers can incur small transfer fees and may have a less favorable exchange rate than online platforms.
- RBI Guidelines for Cash: RBI guidelines limit cash purchases of foreign currency to ₹49,999. For amounts exceeding this, transactions must be done digitally or through other traceable methods.
Always compare rates and fees across multiple providers before converting to ensure you receive the most favorable exchange rate for your transaction.
INR to USD: Interbank vs Retail Rates
The interbank rate represents the wholesale exchange rate between banks, while retail rates include a markup for individual customers. As of June 2026, retail rates from banks and money changers can be 2-5% higher than the interbank rate, reflecting operational costs and profit margins.
| Feature | Interbank Rate | Retail Rate |
|---|---|---|
| Definition | The exchange rate used by banks and large institutions for high-volume currency trades; also known as the mid-market or spot rate. | Rates quoted by banks, money exchangers, and online platforms, which include a margin. |
| Accessibility | Generally not directly accessible to individual customers for small transactions; a reference on currency converters. | Available to individual customers for currency conversion through various providers. |
| Profit Margin | No profit margin for individual transactions; IT is the wholesale rate. | Includes a profit margin added by the provider (banks, money exchangers, online platforms). |
| Fluctuation | Real-time and constantly fluctuating based on market dynamics. | Also dynamic, but rates can vary across different providers due to their added margins. |
| Transparency | Considered the most accurate and transparent rate, often used as a benchmark. | Less transparent than interbank rates due to varying margins, requiring consumer comparison. |
| Best Use Case | Used for large institutional transactions and as a reference for market value. | Used by individuals for travel, overseas education, international payments, and sending money abroad. |
| Typical Markup | Not applicable; IT is the base rate. | Ranges from 2% to 5% more than base rates for banks/offline changers, up to 15% for airport exchanges. |
| Small Transfer Fees | Not applicable. | Revolut may charge a small transfer fee when sending INR to a USD account, depending on method and amount. |
Understanding the difference helps you identify the actual cost of converting INR to USD for your specific transaction needs in 2026.
RBI Reference Rates for USD
The Reserve Bank of India (RBI) publishes daily reference rates for major currencies, including the US Dollar. As of June 2026, the RBI reference rate for USD to INR was around 95.400, reflecting the interbank market movement.
These rates serve as a benchmark for banks and financial institutions, though retail conversion rates will include a markup. The all-time high for the RBI reference rate for USD to INR was 96.844 on May 20, 2026.
| Date | USD to INR Rate | Source |
|---|---|---|
| 05 Jun 2026 | 95.400 | Reserve Bank of India (via CEIC Data) |
| 04 Jun 2026 | 95.743 | Reserve Bank of India (via CEIC Data) |
| 20 May 2026 | 96.844 | Reserve Bank of India (via CEIC Data) |
| Jun 2026 (Average) | 95.400 | Reserve Bank of India |
| 06 Jun 2026 | 95.1300 (Futures) | NSE India |
| 05 Jun 2026 | 95.1880 | Indian Rupee – Quote – Chart – Historical Data – News |
| 27 Jul 2011 (Record Low) | 43.949 | Reserve Bank of India (via CEIC Data) |
The RBI reference rates provide a transparent basis for foreign exchange transactions in India. They are for understanding the base value before any bank or money changer applies their margins.
Tips for Best INR to USD Conversion
Converting Indian Rupees (INR) to US Dollars (USD) effectively requires understanding exchange rate dynamics and choosing the right service. As of June 2026, retail exchange rates often include a markup of 2-5% over interbank rates, making careful selection for savings.
- Monitor Exchange Rates: Track the INR to USD rate daily using online tools like BookMyForex or Wise.com. The rate for 1 INR was 0.010509 USD on June 7, 2026, with a +0.54% change from the previous day.
- Avoid Airport Exchanges: Currency exchange shops at airports typically charge markups of up to 15% due to high operating costs. Plan your conversion in advance to secure better rates.
- Compare Bank and Online Rates: Banks and offline money changers generally add a 2-5% markup to the base exchange rate. Online platforms like Revolut or Western Union may offer more competitive rates with smaller transfer fees.
- Consider Interbank Rates: Platforms like BookMyForex display interbank rates, which are the wholesale rates used by banks. While retail customers rarely get these exact rates, they serve as a benchmark for comparison.
- Understand RBI Guidelines: For cash purchases, RBI guidelines limit transactions to ₹49,999. For international travel, you can carry up to USD 3,000 in cash per person per trip from India.
- Utilize Rate Alerts: Set up exchange rate alerts on financial apps or websites. These notify you when the INR to USD rate moves in your favor, allowing you to convert at an opportune moment.
By comparing various service providers and monitoring market movements, you can optimize your INR to USD conversions and minimize costs.
Key Takeaways
- Retail INR to USD exchange rates often include a 2-15% markup over interbank rates, depending on the service provider.
- The INR to USD rate saw a 30-day high of 0.0106 and a low of 0.0103 as of June 2026, indicating rate fluctuations.
- RBI regulations limit cash foreign exchange purchases to ₹49,999 and allow carrying up to USD 3,000 cash per person per trip.
For current exchange rates and conversion services, compare options from reputable banks and online forex providers.
Frequently Asked Questions (FAQs)
What is the current INR to USD exchange rate today, June 7, 2026?
As of June 7, 2026, 1 Indian Rupee is approximately 0.01049 US Dollars. This means ₹100 converts to about $1.0486 USD, based on real-time interbank rates.
How has the INR to USD rate changed over the last 30 days?
Over the last 30 days leading up to June 7, 2026, the INR to USD rate fluctuated between a high of 0.0106 and a low of 0.0103. The 30-day average was 0.0105, showing a slight decrease of 0.96%.
What was the highest INR to USD rate in the last 10 years?
The highest INR to USD exchange rate in the last 10 years occurred on January 7, 2018, when 1 Indian Rupee was worth 0.01580 US Dollars. This historical data the long-term trend of the Rupee’s value against the Dollar.
How can I convert INR to USD online with live rates?
You can convert INR to USD online using platforms like BookMyForex or Wise, which provide live, interbank exchange rates updated every few seconds. Simply enter the amount of INR you wish to convert, and the system displays the USD equivalent.
What factors influence the INR to USD exchange rate?
The INR to USD exchange rate is influenced by India’s economic performance, inflation rates, interest rate differentials, and global crude oil prices. Geopolitical events and foreign investment flows also play a significant role in daily fluctuations.
When is the best time to convert INR to USD?
The best time to convert INR to USD depends on your specific needs and market trends. You can set rate alerts on platforms like Wise or BookMyForex to be notified when the exchange rate reaches your desired level. Monitoring historical charts can also help identify favorable periods.
Can I track the historical performance of INR to USD rates?
Yes, you can track the historical performance of INR to USD rates using tools provided by Wise, exchange-rates.org, or Bloomberg. These platforms offer charts and data extending back several years, showing daily, weekly, and monthly rate movements.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI) before deciding.