Convert Indian Rupee to US Dollar at live mid-market rates
| Indian Rupee | US Dollar |
|---|---|
| 1 INR | $83.33 |
| 5 INR | $416.67 |
| 10 INR | $833.33 |
| 50 INR | $4,166.67 |
| 100 INR | $8,333.33 |
| 500 INR | $41,666.67 |
| 1,000 INR | $83,333.33 |
| 5,000 INR | $416,666.67 |
| 10,000 INR | $833,333.33 |
| 50,000 INR | $4,166,666.67 |
| 100,000 INR | $8,333,333.33 |
| 1,000,000 INR | $83,333,333.33 |
Indian residents can remit up to USD 250,000/year under the Liberalised Remittance Scheme (LRS). Providers like Wise, Remitly, and ICICI Money2World handle the Form A2 paperwork digitally.
Outward remittances above ₹7 lakh in a financial year attract 20% TCS (5% for education/medical). Plan transfers to stay below the threshold or claim TCS back when filing ITR.
Always check the live INR/USD mid-market rate (shown above) before accepting any quote. Banks and money changers add a margin on top — knowing the real rate tells you exactly how much you're paying.
Airport kiosks and hotel desks typically charge 5–12% over the mid-market rate for USD. Use a multi-currency card or a transparent online provider instead.
5% for education (loan-funded) and medical; 20% on the amount exceeding ₹7L per FY. Claim back when filing ITR.
Liberalised Remittance Scheme cap per resident individual per financial year (Apr–Mar), across all purposes including USD.
Banks and authorised dealers collect Form A2 (purpose code + PAN) for any outward remittance, however small.
INR/USD spreads are tightest during Indian + overlapping US pre-market hours. Avoid Mondays (weekend gap) and Fridays (end-of-week volatility).
The INR to USD rate shown above is the live mid-market rate — the midpoint between the buy and sell prices on global currency markets. It's the fairest rate to use as a benchmark when converting Indian Rupee to US Dollar. Banks and money transfer providers typically add a margin on top of this rate, so the rate you actually receive may be slightly different.
Rates on this page update hourly. For the reverse conversion, see USD to INR.
For informational purposes only. Not a financial quote.