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INR INR EUR EUR ⚡ Popular Rate as of2026-05-18

INR to EUR Converter.

Current rate

1 INR = 0.0108 EUR as of 2026-05-18. The INR-EUR corridor is dominated by Indian outbound flows — students heading to German engineering programs (which are essentially free), French grandes ecoles, and Italian design schools, plus diaspora remittance reverse-flows and growing tech-talent placements in Berlin, Amsterdam, and Paris. Both currencies have weakened modestly against USD over five years but EUR less than INR, so the cross has drifted lower. The two binding constraints for Indian outbound are RBI's Liberalised Remittance Scheme cap of $250,000 per individual per financial year and the 20% TCS (Tax Collected at Source) on outward remittances above ₹7 lakh per year for purposes other than education or medical. For students, the TCS rate drops to 5% above ₹7L when remittance is for education funded by education loan.

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INREUR Converter

🇮🇳 ₹1.00 = 🇪🇺
€0.01
Rate: 1 INR = 0.0108 EUR
Common conversions
🇮🇳 INR🇪🇺 EUR
₹1.00€0.01
₹10.00€0.11
₹100.00€1.08
₹500.00€5.40
₹1,000.00€10.80
₹5,000.00€54.00
₹10,000.00€108.00
₹50,000.00€540.00
₹100,000.00€1,080.00
✨ Mid-market rate · as of 2026-05-18 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

INR trend over time.

Today
0.0108
1 INR = EUR
1 year ago
0.0111
↓ 2.7% in 12 months
5 years ago
0.0118
↓ 8.5% in 5 years
🔢 Quick reference

INR to EUR conversion table.

Common Indian Rupee amounts converted to Euro at today's rate of 1 INR = 0.0108 EUR. The reverse holds too: 1 EUR = 92.59 INR.

INR → EUR
1 INR 0.0108 EUR
5 INR 0.054 EUR
10 INR 0.108 EUR
25 INR 0.27 EUR
50 INR 0.54 EUR
100 INR 1.08 EUR
500 INR 5.4 EUR
1,000 INR 10.8 EUR
5,000 INR 54 EUR
10,000 INR 108 EUR
EUR → INR
1 EUR 92.59 INR
5 EUR 462.96 INR
10 EUR 925.93 INR
25 EUR 2,315 INR
50 EUR 4,630 INR
100 EUR 9,259 INR
500 EUR 46,296 INR
1,000 EUR 92,593 INR
5,000 EUR 462,963 INR
10,000 EUR 925,926 INR
💡 About this corridor

Why people convert INR to EUR.

The INR/EUR corridor is driven mostly by India inbound remittances and NRI banking. On the Euro side, demand comes from Eurozone purchases, EU remittances, and European business. Because both sides see steady two-way flow, INR/EUR is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the Indian Rupee has moved down 2.7% against the Euro, and over five years it has weakened about 8.5% (from 0.0118 to 0.0108). If you're sending money on this corridor, that trend matters: a falling rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Euro you receive by a meaningful margin.

Getting the best INR → EUR rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large INR transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-18 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

INR to EUR FAQ.

Best way to send INR to EUR for European study?
For students: Wise gives near-interbank rates with ~0.5-0.7% markup and is RBI-compliant under LRS. NIYO Global card is excellent for in-Europe spending (zero FX markup, no forex card fees). For tuition wires: ICICI Money2World and HDFC Forex are bank options but typically 1-2% worse than Wise. Always pay tuition via the formal A2 form to keep the education TCS rate of 5% (vs 20% on general remittance) and to claim full refund.
How do LRS and TCS work for non-education EUR remittance?
LRS caps total annual outflow at $250K per individual across all purposes combined — investment, gifts, property, maintenance of relatives abroad. TCS applies at 20% on amounts above ₹7 lakh per financial year for non-education/non-medical purposes from October 2023. TCS is collected by the AD bank and reflected in your Form 26AS, so it's refundable against your income tax liability — but you lose use of the cash for up to 18 months until filing and refund.
Why has INR weakened against EUR over 5 years?
Two factors: structural INR weakening against USD (CAD, oil import dependence, RBI tolerant of gradual depreciation) and modest EUR strength against INR specifically through 2024-25 as ECB held rates above RBI's easing path. The 5-year drift from 0.0118 to 0.0108 is roughly 8.5% INR weakening — slower than INR-USD over the same window because EUR also softened against USD.