![]() ![]() The most common one is however that there was no metric system so all currencies had the same value.Īnother argument is that before 1947, India was a British ruled state, so the value of INR was higher because value of pound was higher. There are multiple arguments about how 1 Dollar rupees in 1947 had a better value. It is believed that 1 INR used to be equal to 1 USD. When India became independent in 1947 the situation was very much different. Today, the value of INR is lower than USD, but this was not the case before. This will give you an idea of how the journey of INR has been so far and where does US Dollar stand at the end of June 2023. You can start analysing the change in rate of 1 USD to INR in 1947 and see how exchange rate kept increasing in the coming years. Here, a chart will show you the changing value of 1 USD to INR. 1 USD to INR Rates From 1947 to 2023 Year Some of the denominations higher than USD are Kuwaiti Dinar, Bahrain Dinar, British Pound and Euro. Dollar’s value has been always higher than most of the currencies. Its status is on a level where most of the international trade and exchange is valued using this currency. US Dollar is considered as one of the most valuable currencies in the world. This practice is frequent between the travellers visiting South East Asia and Middle East. Many travellers travelling abroad exchange INR to USD and then later get it converted to the local currencies to get a better rate. INR’s value ranges around 80 – 85 to 1 USD. Once you see the historical exchange rate graph appear, scroll anywhere along the graph line to see the historical exchange rate for that particular day in that year.Today, if we convert 1 USD to INR the Indian currency’s value is lower than USD. You can select the specific year for which you wish to see the historical exchange rates. ValutaFX has 10 years of history for most currency pairs. Yes, you can see historical conversion rates from Indian Rupees to US Dollars on the Indian Rupee to US Dollar history page. Can I see historical conversion rates for INR to USD? Yes, you can convert over 120 global currencies to US Dollars using the ValutaFX currency converter. The highest Indian Rupee to US Dollars exchange rate in the last 5 years was 0.0146 US Dollars per Indian Rupee on Wednesday, July 10, 2019. What is the highest INR to USD rate in the last 5 years? The current exchange rate between the Indian Rupee and the US Dollar is 1 INR = 0.0121 USD. What is the current exchange rate between INR and USD? In the last 5 years, the Indian Rupee has depreciated -15.81% relative to the US Dollar. The Indian Rupee is weaker than the US Dollar at this time. ![]() If you execute a trade from Indian Rupees to US Dollars late in the week, please bear in mind that the trade might not settle until the following week. ![]() However, between 3-4 PM GMT is often a good time if you want to convert Indian Rupees to US Dollars because trading volumes tend to be highest at this time. What time of the day is best for INR to USD conversions?Ĭurrency pairs are traded throughout the day, and consequently, their values can fluctuate constantly. ![]() In the last 5 years, the US Dollar reached a high of 82.996 Indian Rupees to one US Dollar on Wednesday, October 19, 2022. When was the US Dollar at its highest compared the Indian Rupee in the last 5 years? What is ₹100 in US Dollars?ġ00 Indian Rupees = 1.2072 US Dollars as of Friday, Aug11:15 AM UTC. You can get live exchange rates between Indian Rupees and US Dollars using the ValutaFX free online currency converter. INR to USD Converter - FAQs What is the value of one Indian Rupee in US Dollars?ġ Indian Rupee = 0.0121 US Dollars as of Friday, Aug11:15 AM UTC. ![]()
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