USD to INR History Since 1947

The US dollar to Indian rupee exchange rate has a rich history since India's independence in 1947. The first official exchange rate was set at 4.75 rupees per dollar.

In the early years, the exchange rate fluctuated, with the rupee strengthening to 3.75 rupees per dollar in 1957. This was due to India's growing economy and the government's efforts to stabilize the currency.

The 1960s saw a significant devaluation of the rupee, with the exchange rate dropping to 7.50 rupees per dollar. This was a result of India's trade deficits and the government's decision to devalue the currency to make Indian exports more competitive.

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The US Dollar to Indian Rupee exchange rate data is available for various years, starting from 2016.

If you're looking for a specific year's data, you can click on the corresponding link below the "US Dollar to Indian Rupee Rates by Year" heading.

The data is also available in a historical format, showing the exchange rate for each day of the year.

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For example, on January 03, 2025, the exchange rate was 85.77 INR per USD.

The exchange rate fluctuates throughout the year, with some days showing a higher rate than others.

Here's a snapshot of the exchange rate for December 2024:

The value of the USD to INR exchange rate has fluctuated over the years, influenced by various factors. The exchange rate can be strengthened by a trade surplus, which occurs when a country's imports are less than its exports.

Trade balances are a significant factor, as they can affect the value of a country's currency. A country with a trade surplus can expect a stronger currency, while a trade deficit can lead to a weaker currency.

Geopolitical events, such as international relations and political stability, can also impact the exchange rate. A stable political environment and strong economic fundamentals can attract more foreign investment, boosting demand for a country's currency.

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Economic indicators like GDP growth, inflation, and interest rates can also influence the exchange rate. For instance, a country with high inflation may see its currency depreciate in value.

Central bank decisions, such as interest rate changes, can affect the exchange rate. Higher interest rates can attract foreign investors, increasing demand for a country's currency and strengthening its value.

Here are some key factors affecting the USD to INR exchange rate:

In the past, the USD to INR exchange rate has been influenced by various factors, including the prices of commodities. Countries that rely heavily on imports may see their currencies weaken, while those with strong export businesses may experience a stronger currency.

The USD to INR history is a fascinating topic, and understanding the charts and statistics can give you valuable insights. The USD/INR rate has increased in value compared to the Indian Rupee over the past six months, up by +2.79%.

If you're looking for a broader view, the INR/USD rate has decreased in value compared to the US Dollar over the same period, down by -2.71%. This shows how the exchange rate can fluctuate over time.

To get a sense of the current market, let's take a look at the stats. The last value of the USD to INR exchange rate was 85.53, which was recorded on Dec 27 2024.

Here's a breakdown of the average growth rate and other key statistics:

You can also view the exchange rate history by year, with links available for 2025, 2024, 2023, and more.