Thank you, you should receieve a reply shortly.
Submit your details above and we will contact you with a competitive exchange rate from an FCA-regulated specialist
Submit
  • Pound up after sterling May speech

    23 January 2017

    It was an exciting and action-packed last week for investors and traders alike, not only here in the UK but also across the pond.

  • Attention turns to the Bank of England today

    03 November 2016

    Yesterday was a relatively quiet day in the way of data, the morning posted a positive October figure of 53.5 for EUR Markit Manufacturing PMI...

  • Euro rates through 2015

    02 December 2015

    The year of 2015 has been extremely volatile for the sterling - euro currency pair exchange rates. At the start of the year, in January, one Pound was worth just over 1.27 Euros - 14 cents lower than now as we head into the last month of the year.

Indian Rupee

Indian Rupee Rates

For a live quote on the Indian Rupee, simply fill in your details on the form above and an FSA-regulated currency expert will be in touch with a competitive quote.

 

Latest Rupee Rates

Please see our latest exchange rates page for the most up-to-date mid-market rate.


Recent Trading Range

In 2011, the Indian Rupee traded between 69.75 and 85.11 against the Pound.


Latest Rupee Exchange Rate News

Please see our news section for the latest currency news affecting worldwide exchange rates. You can also visit our dedicated page on Money Transfers to India, including timescales and information needed to make your transfer.


Overview - INR

The Indian Rupee is the currency used in The Republic of India and its ISO code is INR. The currency is controlled by the Reserve Bank of India. The rupee is subdivided into 100 paise,  though coins of less than 50 paise ceased to be legal tender as of June 2011.

 

The INR floats on the foreign exchange markets in the same way as most currencies however the USD/INR trade is affected by the regular buying and selling of the pair by the RBI (Reserve Bank of India) in order to maintain controlled rates and this is known as a ‘managed float’.

 

Also affecting exchange rates is a series of customs regulations restricting the import and export of rupees. Legally, foreign nationals are forbidden from importing or exporting rupees, while Indian nationals can import and export only up to 7500 rupees at a time.