![]() ![]() Using our online comparison service allows you to look at more than just exchange rates for different companies. Since the INR to USD exchange rate is hitting all time lows, now is the best time to transfer money overseas to India. Exchange rates will fluctuate by the minute depending on the forex (foreign exchange) market. When you need to send money to India online, you will want to look at the dollar to rupee exchange rate to see if it is high or low for that day. India's current account deficit is expected to rise due to increasing crude oil prices, expansionary fiscal policy, and low GDP growth. If there is a large trade deficit, this can signal great reliance on foreign capital inflows which can weaken the Indian rupee. This is an important metric for determining a country’s overall economic health. One large reason behind the USD to INR increase is the current account deficit, which is a net amount of a nation’s imports minus their exports. It does seem that the INR to USD is often reaching new lows as time goes on. According to experts, it is believed that the 1 dollar in rupees today will continue to stay within the 77-80 range. ![]() The reason the dollar price in India is continuing to rise against the rupee is due to a number of factors, including inflation and rising crude oil prices. This gives you much better value for your dollars! 1 Dollar in Indian Rupees Your recipient will receive more rupees for your dollars. The USD to rupee continues to rise, making now a great time to send money overseas. Change from previous month is 0.As the dollar rate today continues to become stronger against the Indian rupee, many economists believe that the dollar to rupee is likely to reach 79.5 INR/1 USD in 2022. Expected rate for Jul’23 is 78.27 India Rupees. Change from previous month is 0.00%įorecast for Jul’23: Expected low and high USD to INR forecast rate is 76.17 - 80.38 India Rupees respectively. Expected rate for Jun’23 is 78.27 India Rupees. Change from previous month is -2.42%įorecast for Jun’23: Expected low and high USD to INR forecast rate is 76.17 - 80.38 India Rupees respectively. Expected rate for May’23 is 78.27 India Rupees. Change from previous month is 0.00%įorecast for May’23: Expected low and high USD to INR forecast rate is 76.17 - 80.38 India Rupees respectively. Expected rate for Apr’23 is 80.21 India Rupees. Change from previous month is 0.00%įorecast for Apr’23: Expected low and high USD to INR forecast rate is 79.37 - 81.06 India Rupees respectively. Expected rate for Mar’23 is 80.21 India Rupees. Change from previous month is 0.56%įorecast for Mar’23: Expected low and high USD to INR forecast rate is 79.37 - 81.06 India Rupees respectively. Expected rate for Feb’23 is 80.21 India Rupees. Change from previous month is -1.28%įorecast for Feb’23: Expected low and high USD to INR forecast rate is 79.37 - 81.06 India Rupees respectively. Expected rate for Jan’23 is 79.76 India Rupees. Change from previous month is 0.00%įorecast for Jan’23: Expected low and high USD to INR forecast rate is 79.6 - 79.93 India Rupees respectively. Expected rate for Dec’22 is 79.76 India Rupees. Change from previous month is 0.41%įorecast for Dec’22: Expected low and high USD to INR forecast rate is 79.6 - 79.93 India Rupees. Expected rate for Nov’22 is 79.76 India Rupees. Change from previous month is 0.00%įorecast for Nov’22: Expected low and high USD to INR forecast rate is 79.6 - 79.93 India Rupees respectively. Expected rate for Oct’22 is 79.43 India Rupees. Change from previous month is 0.00%įorecast for Oct’22: Expected low and high USD to INR forecast rate is 79.27 - 79.6 India Rupees respectively. Expected rate for Sep’22 is 79.43 India Rupees. Change from previous month is 0.00%įorecast for Sep’22: Expected low and high USD to INR forecast rate is 79.27 - 79.6 India Rupees respectively. Expected rate for Aug’22 is 79.43 India Rupees. Next 12 Months USD To INR Forecast for 2022-23 Month/Yearįorecast for Aug’22: Expected low and high USD to INR forecast rate is 79.27 - 79.6 India Rupees respectively. ![]()
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