exotic pair · USD/INR
US Dollar to Indian Rupee: the daily ECB reference rate, a historical chart, pair specification and what drives each currency.
94.6400
-0.1100 (-0.12%)
1 USD = 94.6400 INR · 1 INR = 0.01057 USD · previous 94.7500 on 3 Nov 2026
USD/INR ECB reference rate, 4 Nov 2025 to 4 Nov 2026: from 88.7100 to 94.6400 (up 6.68%). High 96.8300 on 20 May 2026, low 88.4900 on 11 Nov 2025.
256 daily observations · 4 Nov 2025 – 4 Nov 2026
Latest rate within the 12-month range
The latest rate sits at 74% of the 12-month low-to-high range.
Calculated from daily ECB reference rates — closing-type snapshots, not intraday highs and lows.
Understanding the pair
In USD/INR the US Dollar is the base currency and the Indian Rupee is the quote currency. The rate tells you how many INR one USD buys, so a rising USD/INR means the US Dollar is strengthening against the Indian Rupee.
USD/INR is an exotic pair: it combines a major currency with that of a smaller or emerging economy, so spreads, swap costs and the size of sudden moves are typically larger than for the majors.
Prices are quoted to 4 decimal places here. One pip is 0.0001, so on a standard lot of 100,000 USD a one-pip move is worth 10 INR — use the pip calculator to convert that into your account currency.
Liquidity in USD/INR is usually deepest when both home markets are open — the New York (08:00–17:00 New York time) and Tokyo (09:00–18:00 Tokyo time) sessions. See live session times on the market hours clock.
The world's main reserve and invoicing currency. The BIS 2022 Triennial Survey found the dollar on one side of about 88% of all FX trades, so US interest-rate expectations and risk sentiment ripple through almost every pair.
Central bank: Federal Reserve
The rupee is not fully convertible on the capital account and the RBI is an active participant in the market. Residents of India may trade currency derivatives only on recognised Indian exchanges in permitted INR pairs — see our guide to forex rules in India.
Central bank: Reserve Bank of India
USD/INR shows how many Indian Rupee (INR) one US Dollar (USD) buys. USD is the base currency and INR is the quote currency. If the rate rises, the US Dollar has strengthened against the Indian Rupee.
No. It is derived from the euro foreign exchange reference rates published by the European Central Bank once per working day around 16:00 CET. It is useful for reference, budgeting and calculator inputs, but it is not an executable trading quote — a broker's bid and ask will differ.
By convention one pip in USD/INR is 0.0001 because the pair is quoted in INR. On a standard lot of 100,000 USD, a one-pip move is worth 10 INR. Brokers may quote an extra decimal (a pipette).
Liquidity is typically deepest when both home markets are open: the New York (08:00–17:00 New York time) and Tokyo (09:00–18:00 Tokyo time) sessions, and especially where they overlap.
Educational information only, not investment advice. Trading leveraged currency products carries a high risk of losing money.