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USD USD INR INR 🔥 Most searched Rate as of2026-05-16

USD to INR Converter.

Current rate

1 USD = 88 INR as of 2026-05-16. The largest currency-pair query from India. Driven by H-1B/L-1 worker remittances, software exports, foreign tuition fees, and NRI investment flows. The rupee has depreciated steadily against the dollar over the past decade — roughly 18% in 5 years.

💱

USDINR Converter

$
🇺🇸 $1.00 = 🇮🇳
₹88.00
Rate: 1 USD = 88.0000 INR
Common conversions
🇺🇸 USD🇮🇳 INR
$1.00₹88.00
$10.00₹880.00
$100.00₹8,800.00
$500.00₹44,000.00
$1,000.00₹88,000.00
$5,000.00₹440,000.00
$10,000.00₹880,000.00
$50,000.00₹4,400,000.00
$100,000.00₹8,800,000.00
✨ Mid-market rate · as of 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD depreciation over time.

Today
88
1 USD = INR
1 year ago
84.1
↑ 4.6% in 12 months
5 years ago
74.5
↑ 18.1% in 5 years
🔢 Quick reference

USD to INR conversion table.

Common US Dollar amounts converted to Indian Rupee at today's rate of 1 USD = 88 INR. The reverse holds too: 1 INR = 0.0114 USD.

USD → INR
1 USD 88 INR
5 USD 440 INR
10 USD 880 INR
25 USD 2,200 INR
50 USD 4,400 INR
100 USD 8,800 INR
500 USD 44,000 INR
1,000 USD 88,000 INR
5,000 USD 440,000 INR
10,000 USD 880,000 INR
INR → USD
1 INR 0.0114 USD
5 INR 0.0568 USD
10 INR 0.1136 USD
25 INR 0.2841 USD
50 INR 0.5682 USD
100 INR 1.14 USD
500 INR 5.68 USD
1,000 INR 11.36 USD
5,000 INR 56.82 USD
10,000 INR 113.64 USD
💡 About this corridor

Why people convert USD to INR.

The USD/INR corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Indian Rupee side, demand comes from India inbound remittances, NRI banking, and India travel. Because both sides see steady two-way flow, USD/INR 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 US Dollar has moved up 4.6% against the Indian Rupee, and over five years it has strengthened about 18.1% (from 74.5 to 88). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Indian Rupee you receive by a meaningful margin.

Getting the best USD → INR 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 USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-16 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to INR FAQ.

Why has the INR weakened against USD?
Three structural factors: (1) India's persistent current account deficit (imports > exports), (2) interest rate differential (Fed funds typically higher than RBI repo), (3) global risk-off flows pulling capital toward USD safe-haven during volatility. The RBI manages a "managed float" — intervening to smooth volatility but not defending a specific level.
What is the best way to convert USD to INR for remittance?
For amounts ₹2-25 lakh: services like Wise, Remitly, Instarem typically beat traditional bank wires by 1-2% in exchange rate (mid-market vs bank rate). For larger transfers: bank wires negotiate spreads down. For NRO/NRE account funding: SBI eForex and ICICI Money2India offer competitive corporate rates.
When should I send USD to INR — wait or now?
Don't time currency — most retail traders consistently lose. If you need INR within 90 days, convert in regular tranches (dollar-cost averaging). For long-term transfers, the historical evidence is that INR will continue trending weaker against USD over decades. Hedging cost typically exceeds the marginal timing benefit.