Currency Converter — INR to All Major Currencies
Convert Indian Rupees to USD, EUR, GBP, AED, SGD and 10 more currencies with live exchange rates. Updated every hour from open exchange rate data.
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INR Exchange Rate Overview
The Indian Rupee (INR) is the official currency of India, issued by the Reserve Bank of India (RBI). The exchange rate is market-determined and fluctuates based on trade balances, FII flows, inflation, and RBI intervention.
Common Use Cases for Currency Conversion
- Foreign remittances (money transfers to family abroad)
- Import and export pricing and invoicing
- Freelancer payments from international clients
- Foreign education fees and travel budgeting
- FEMA compliance for cross-border transactions
RBI Regulations on Foreign Exchange
Under FEMA (Foreign Exchange Management Act), individuals can remit up to USD 2,50,000 per year under the Liberalised Remittance Scheme (LRS) for education, travel, gifts, and investments. Businesses need import-export licences (IEC) for trade.
Need help with IEC registration, DGFT DSC, or FEMA compliance? Book a free call with our trade finance experts at FinLegit.