Every nation determines its exchange rate regime which will apply to its repsective currency.įor instance, a country's currency may be floating, fixed or a hybrid. The exchange rate also stands as the value of one nations currency in relation to another country's currency. The Exchange rate refers to the rate at which one country's currency will be exchanged for another country's currency. In the same way, if you are planning to sell a currency then the currency converter table will show you how much of Indian Rupee you will get on selling a foreign currency. Based on the requirements, one can check for how much of Indian rupee or any other countries currencies you will need for buying or remitting.
The currency converter table will show the buy rate, sell rate and remittance rate for several currencies available in the world.
Dollar is Rs 74, then Mr A will receive Rs 74 on selling 1 U.S. What is Sell Rate?Ī sell rate is a rate at which individuals can sell foreign currency and get an equivalent Indian rupee. The currency exchange rates are subject to frequent fluctuations and are constantly updated several times every day. What is Buy Rate?Ī buy rate is a rate at which a trader will buy an amount of foreign currency. This will help you save money in case you are a traveller, a businessmen or simply somebody who resides abroad and earns his money in dollars.
#1 US DOLLAR INTO INDIAN RUPEES UPDATE#
It becomes extremely important to update yourself with the latest dollar rate in India vs the Indian rupee. Trend of Currency Exchange Rate : USD to INR, February 2023.Trend of Currency Exchange Rate : USD to INR, March 2023.Trend of Currency Exchange Rate : USD to INR, April 2023.Trend of Currency Exchange Rate : USD to INR, May 2023.Trend of Currency Exchange Rate : USD to INR, June 2023.Trend of Currency Exchange Rate : USD to INR, July 2023.
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