Currency Rate Indian Rupee to USD
Our Currency Rate INR latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the INR. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
₹ 0.010630
Selling rate
₹0.013227
The Indian Rupee (INR) is the official currency of India, symbolized as "₹". It has a rich history dating back to ancient India and continues to play a crucial role in the country's economy.
Currency Details
Symbol: ₹
ISO Code: INR
Subunits: 1 Rupee = 100 paise (though paise are rarely used now due to inflation)
Banknotes and Coins
The INR is available in both coins and banknotes:
Coins:
1 paise (rarely used)
5 paise (rarely used)
10 paise (rarely used)
25 paise (rarely used)
50 paise (rarely used)
1 rupee
2 rupees
5 rupees
10 rupees
Banknotes:
10 rupees
20 rupees
50 rupees
100 rupees
200 rupees
500 rupees
2000 rupees
History and Background
The Indian Rupee has a long history, dating back to ancient India. Modern rupee coins and banknotes were introduced in the 19th and 20th centuries during British rule. India gained independence in 1947, and the modern Indian Rupee was established thereafter.
Economic Significance
The INR is integral to India's economy, facilitating trade, investment, and economic development. India has a diverse economy, with key sectors including agriculture, manufacturing, services, and information technology. The rupee's value is influenced by various factors, including inflation rates, economic policies, and global market conditions.
Usage and Exchange
The INR is widely accepted across India for all transactions, from everyday purchases to significant business deals. For visitors and expatriates, exchanging foreign currency for Indian Rupees is straightforward, with numerous exchange bureaus, banks, and ATMs available throughout the country. Major credit cards are also widely accepted, ensuring convenience for international travelers.
Conclusion
The Indian Rupee is more than just a currency; it is a symbol of India's cultural richness, economic progress, and national pride. Understanding the INR is essential for anyone engaging with India's dynamic economy, whether you are a resident or a visitor. The rupee's stability and its widespread use play a crucial role in the country's economic growth and resilience.
Currency Details
Symbol: ₹
ISO Code: INR
Subunits: 1 Rupee = 100 paise (though paise are rarely used now due to inflation)
Banknotes and Coins
The INR is available in both coins and banknotes:
Coins:
1 paise (rarely used)
5 paise (rarely used)
10 paise (rarely used)
25 paise (rarely used)
50 paise (rarely used)
1 rupee
2 rupees
5 rupees
10 rupees
Banknotes:
10 rupees
20 rupees
50 rupees
100 rupees
200 rupees
500 rupees
2000 rupees
History and Background
The Indian Rupee has a long history, dating back to ancient India. Modern rupee coins and banknotes were introduced in the 19th and 20th centuries during British rule. India gained independence in 1947, and the modern Indian Rupee was established thereafter.
Economic Significance
The INR is integral to India's economy, facilitating trade, investment, and economic development. India has a diverse economy, with key sectors including agriculture, manufacturing, services, and information technology. The rupee's value is influenced by various factors, including inflation rates, economic policies, and global market conditions.
Usage and Exchange
The INR is widely accepted across India for all transactions, from everyday purchases to significant business deals. For visitors and expatriates, exchanging foreign currency for Indian Rupees is straightforward, with numerous exchange bureaus, banks, and ATMs available throughout the country. Major credit cards are also widely accepted, ensuring convenience for international travelers.
Conclusion
The Indian Rupee is more than just a currency; it is a symbol of India's cultural richness, economic progress, and national pride. Understanding the INR is essential for anyone engaging with India's dynamic economy, whether you are a resident or a visitor. The rupee's stability and its widespread use play a crucial role in the country's economic growth and resilience.