Currency Converter

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Rates are fetched live from the Frankfurter API (European Central Bank data). Rates update every business day.

Exchange Rate Trend (last 7 data points)

Popular Currency Pairs (India)

USD to INR: The most watched pair in India — driven by RBI interventions, US Fed policy, and FII flows.
EUR to INR: Influenced by ECB policy and India–EU trade volumes.
GBP to INR: Important for the large Indian diaspora in the UK and bilateral remittances.
JPY to INR: Watched for carry trade dynamics and Japan-India investment flows.
AED to INR: Critical for Gulf remittances — India receives the largest remittances from UAE workers.
SGD to INR: Singapore is India's largest ASEAN trading partner.

How Exchange Rates Work

Exchange rates represent the value of one currency in terms of another. They are determined by supply and demand in the foreign exchange (Forex) market — the world's largest financial market with over $7 trillion in daily trading volume. Rates fluctuate continuously based on interest rate differentials, inflation, political stability, trade balances, and market speculation.

Types of Exchange Rates

Spot rate: The current market rate for immediate delivery — what this tool shows.
Forward rate: A rate agreed today for exchange at a future date — used by businesses for hedging.
Bank rate vs mid-market rate: Banks typically charge 1–3% above the mid-market (interbank) rate. This tool shows the mid-market rate.

Data Source

This tool fetches live rates from the Frankfurter API, which provides exchange rate data sourced from the European Central Bank (ECB). Rates are updated every business day. For the most accurate real-time trading rates, consult your bank or a licensed forex dealer.