What was the value of USD to INR from 1947 till 2020?

What was the value of USD to INR from 1947 till 2020?

13.33 or Rs. 4.75/dollar in September 1949. This was remained unchanged till June 1966, when the rupee was devalued by 36.5% to Rs. 21/pound or 1$ = Rs….1 USD to INR Rates From 1947 to 2020.

Year Exchange rate(INR per USD)
1947 3.30
1949 4.76
1966 7.50
1975 8.39

When was USD equal to INR?

On 15th August 1947 the exchange rate between Indian rupee and US Dollar was equal to one (i.e., 1 $= 1 Indian Rupee). In terms of currencies, the exchange rate was pegged to pound sterling at Rs.

What was the value of USD to INR from 1947 till 2018?

The US dollar was worth ₹3 in 1947 not 1, and ₹69.9 in 2018.

What is the lowest ever USD to INR?

Today, if we convert 1 USD to INR the Indian currency’s value is lower than USD. INR’s value ranges around 64 – 71 to 1 USD….Year.

Year Exchange rate (INR per USD)
1947 3.30
1949 4.76
1966 7.50
1975 8.39

What will be the price of USD in 2025?

Long Forecast’s USD to INR forecast 2025 is for a fresh all-time high at 79.79 Rupees at the beginning of the year. It expects the currency pair to average at 80 Rupees by mid-year before rallying further to 86.97 Rupees by the end of the year.

What will be USD to INR in 2023?

Dollar To Indian Rupee Forecast For 2022, 2023, 2024, 2025 And 2026

Month Open Low-High
2023
Jan 84.63 84.43-87.01
Feb 85.72 84.52-87.10
Mar 85.81 83.92-86.48

What is the future of USD to INR?

Today’s expected high – low is 78.9714 – 78.96. Change from previous day is +0.25%. Next 3 months USD to INR forecast is also provided in the above table….USD to INR Forecast.

USD to INR Forecast for different time periods
Days Low High
30 Days 77.6613 78.6703
90 Days 76.5265 80.8255

What will be USD to INR in 2025?

Will INR get stronger IN 2022?

“We see multiple headwinds, including weakening India BoP dynamics, aggressive Fed hikes and rising US recession risks, which should drive INR weakness in coming months, with USD/INR at 82 by Q3 2022 and 81 by Q4 2022,” Nomura analysts said in a report.

Will rupee get stronger in 2030?

However, as an emerging market, India’s currency has the potential of strengthening further in the coming years. From that perspective, USD to INR forecast 2030 will be for the pair to remain within a range for several years.

What will be the value of INR in 2050?

2050 is when she wants to retire. The cost of a product is INR 5,000 in 2020. However the price of the same product in 2050 is INR 50,775. Here the inflation calculator estimates the future inflation (expected inflation) rate.

  • October 23, 2022