United States Dollar to Indian Rupee ( USD to INR ) Exchange Rate

Today's United States Dollar to Indian Rupee 24 May 2022

1 USD =77.64 INR

Currency Exchange Rate (USD to INR) - Last 10 Days

Date 1 USD to INR
22 May 202277.82
21 May 202277.82
20 May 202277.51
19 May 202277.71
18 May 202277.51
17 May 202277.73
16 May 202277.67
15 May 202277.49
14 May 202277.49
13 May 202277.31

*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

US Dollar to INR

The United States (US) dollar is the official currency of the United States of America. 1000 mills or 100 cents is equal to one dollar. The US dollar is the primary reserve currency in the world as it is the main currency used in international transactions. It is also the world’s most converted currency.

The US dollar is the sole currency of the United States of America, Turks and Caicos Islands, and the British Virgin Islands. Countries such as Ecuador and Panama use the dollar as their legal tender. Foreign exchange traders often refer to the currency as the greenback.

The decimal currency was created by the Coinage Act of 1792. Over the years, Congress introduced various forms of paper money. The Forex market usually uses the US dollar as the benchmark.

As of 23 December 2021, the value of the rupee against the dollar is Rs.75.31. Some of the main factors that determine the exchange rates are inflation, interest rate, public debt, current account deficit, terms of trade, political stability, and economic performance.

FAQs on Usd to Indian Rupee

  1. What factors determine exchange rates in India?
  2. Some of the factors that determine exchange rates in India are inflation, public debt, political stability, and economic performance?

  3. In which countries is the US dollar the sole currency?
  4. The US dollar is the sole currency in countries such as the United States of America, Turks and Caicos Islands, and the British Virgin Islands.

  5. In which countries is the US dollar used as the legal tender?
  6. The US dollar is used as the legal tender in countries such as Ecuador and Panama.

  7. Will the USD to INR exchange rates remain constant?
  8. No, the USD to INR exchange rate will not remain constant.

  9. Can I exchange the USD to INR at a bank?
  10. Yes, you can exchange the USD to INR at a bank.

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