In the context of global economic fluctuations, foreign exchange rate movements directly impact international trade and investment decisions. For those tracking the U.S. dollar (USD) to Indian rupee (INR) exchange rate, recent data reveals noteworthy trends.
Current exchange rates show that 100 USD converts to approximately 8,763.47 INR . This translates to an exchange rate of 87.6347 INR per 1 USD, meaning each dollar can be exchanged for 87.6347 rupees. Conversely, 1 INR equals approximately 0.0114110 USD. These figures demonstrate the dynamic nature of currency valuation.
An analysis of the past 30 days reveals significant fluctuations:
• Highest rate: 87.833 INR per USD
• Lowest rate: 87.171 INR per USD
• Average rate: 87.497 INR per USD
Expanding the timeframe to 90 days shows even greater volatility:
• Peak rate: 87.833 INR per USD
• Lowest point: 84.954 INR per USD
• 90-day average: 86.006 INR per USD
These fluctuations reflect the complex interplay of market forces, including investor expectations, global economic conditions, and domestic policy changes in both the United States and India.
Notably, the current exchange rate demonstrates relative stability when viewed against annual trends, with a modest volatility rate of 0.31%. This stability may appeal to risk-averse investors and businesses engaged in cross-border transactions between the two economies.
For individuals and corporations engaged in international commerce or considering investments in India, understanding these exchange rate dynamics remains crucial. The daily fluctuations between USD and INR can significantly impact purchasing power, investment returns, and trade competitiveness.