Live INR to USD exchange rate today - 1 INR equals 0.0106 USD, with an instant two-way converter for Indian Rupee to US Dollar.
1 INR = 0.010560 USD
1 USD = 94.6970 INR
1.00 Indian Rupee =
0.0106 US Dollar
Last updated: September 3, 2026
This INR to USD rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.
Use the calculator above to convert any amount both ways: enter a value in either the INR box or the US Dollar (USD) box to see the live conversion instantly.
A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.
The world's primary reserve currency - most international trade and commodities (including the crude oil India imports) are invoiced in dollars.
The INR/USD rate moves every trading day, driven mainly by:
No. INR floats - its value is set by market supply and demand, not fixed by the government or the RBI. That's different from currencies like the UAE Dirham or Saudi Riyal, which are formally pegged to the dollar at a fixed rate.
The RBI doesn't fix the rupee's rate; it floats based on market supply and demand. The central bank steps in only occasionally, buying or selling dollars from India's foreign exchange reserves, to smooth an unusually sharp single-day swing rather than to hold the rupee at a specific level. It separately publishes its own daily Reference Rate, used mainly for customs and accounting, not for open-market trading.
It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.
Once a day, refreshed at 7:00 AM IST from the Frankfurter API.
Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.
Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.