In the rapidly changing global economic landscape, currency exchange rate fluctuations play a pivotal role in international trade and investment decisions. Recently, the exchange rate between the US dollar (USD) and Indian rupee (INR) has drawn significant attention from investors and market observers.
According to the latest market data, 5 US dollars currently convert to 438.18 Indian rupees. This calculation is based on the current exchange rate of 1 USD to 87.6370 INR. This means that exchanging 5 dollars would yield approximately 438.18 rupees at present rates.
Recent Market Volatility
Over the past 30 days, the USD/INR exchange rate has demonstrated notable volatility. The rate reached a high of 87.833 and dipped to a low of 87.171 during this period, reflecting the dynamic nature of currency markets. Such fluctuations are influenced by multiple factors including global economic developments, India's domestic economic policies, and international capital flows.
Expanding the analysis to a 90-day window reveals an even broader range of movement, with the exchange rate oscillating between 87.833 and 84.954. This extended period of volatility underscores the importance of careful monitoring for investors and businesses engaged in cross-border transactions.
Key Market Indicators
Several important metrics help characterize the current USD/INR exchange rate environment:
- 30-day high: 87.833
- 30-day low: 87.171
- 30-day average: 87.497
- Recent volatility: 0.31%
These indicators provide valuable reference points for investors, traders, and businesses that regularly engage in currency conversion between the two currencies.
Implications for Stakeholders
Understanding USD/INR exchange rate movements is crucial not only for individual consumers but particularly for businesses and investors. Exchange rate fluctuations can significantly impact import/export pricing, overseas investment returns, and cross-border financial planning.
Market participants are advised to stay informed about currency trends and maintain flexibility in their financial strategies to navigate the evolving global economic environment effectively.