Currency Converter
NewInstant and accurate currency conversion online. Convert currency with a reliable mid-market exchange rate, ideal for financial tracking, international payments, travel budgeting and more.
1 USD = 93.769505 INR
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What is a Currency Converter?
A currency converter is an online tool that converts an amount from one currency into another using available exchange rates. For example, a user can enter an amount in Indian Rupees (INR) and select US dollars to estimate the corresponding value in USD.
It eliminates manual calculations and provides a convenient way to compare currencies. This online tool supports multiple currencies, and exchange rates are regularly updated to provide accurate conversion rates.
Currency conversion is useful when planning international travel, calculating overseas expenses, evaluating foreign investments, making international transactions and more.
How Does an Online Currency Converter Tool Work?
An online currency converter uses the exchange rates between two selected currencies to calculate their equivalent value.
Here is the step-by-step process to use the Upstox currency converter:
- Users enter the amount
- Choose the source currency
- Select the target currency
The tool then applies the applicable exchange rate and displays the converted amount.
Note: Currency exchange rates change frequently due to market conditions; the displayed conversion value may change as well. The actual rate offered by banks, money changers, or financial institutions may differ because of spreads, fees and other applicable charges.
Features and Importance of an Online Currency Converter
Here are some cool features and the importance of an online currency converter:
- Multiple currency support: Currency converters allow users to convert amounts across domestic and international currencies using the latest exchange rates.
- Quick Calculations: Convert currencies in seconds, eliminating manual calculations and reducing the chance of errors.
- Exchange Rate References: It helps users to understand the relative value of currencies and monitor changes in currency exchange rates.
- Easy Accessibility: An online currency converter can be accessed on internet-connected mobiles and computers anytime, anywhere.
What is the Mid-Market Exchange Rate?
The mid-market exchange rate is the midpoint between a currency’s buying and selling prices in a global market. The Upstox currency converter uses these rates to provide a neutral reference for conversions.
What are Currency Exchange Rates?
Currency exchange rates represent the value of one currency relative to another. For example, an INR-to-USD exchange rate indicates how many Indian Rupees are required to purchase one US Dollar.
It is also known as a foreign exchange rate, forex rate, or FX rate. The native currency and the foreign currency are the two halves of an exchange rate, which can be quoted directly or indirectly.
A cross currency is known as a cross rate. In this case, the exchanged currency does not include the domestic currency. Both currencies are from other countries, such as USD/JPY and GBP/USD.
Demand and supply influence foreign exchange rates. They can fluctuate because of economic conditions, interest rates, inflation, capital flows and market sentiment.
Factors Affecting the Value of Currency and Exchange Rates
Several economic and market factors can influence currency values and exchange rates.
- Interest Rates: Changes in interest rates can influence capital flows and demand for a country’s currency.
- Inflation: Higher inflation can reduce purchasing power and may influence investor confidence, capital flows and demand for the country’s currency.
- Economic Growth: Strong economic growth can influence investors’ confidence, capital flows and demand for the country’s currency.
- Trade Balance: Changes in exports and imports can affect currency demand and influence exchange rates.
- Market Sentiment: Expectations about economic conditions, interest rates and global events can cause currencies to appreciate or depreciate.
How is a Currency Converter Helpful in Currency Trading?
A currency converter can help traders quickly calculate the value of one currency against another. Traders can use conversion information to understand currency-pair relationships, estimate transaction values, and compare exchange rates across currencies.
However, a currency converter is purely a calculation and reference tool. Currency trading requires market analysis, technical tools, and an understanding of price, market trends, and more.
Top Currency Pairings
Live Exchange Rates
All rates displayed are relative to $1.00 US Dollar (USD)
| Currency | Value of 1 USD | Change(1D) | Change % | ||
|---|---|---|---|---|---|
  Euro USD/EUR | 0.902453 € | 0.007083 | 0.791% | ||
 Pound sterling USD/GBP | 0.754169 £ | 0.004998 | 0.667% | ||
 Japanese Yen USD/JPY | 159.714100 ¥ | 0.967908 | 0.610% | ||
 Canadian Dollar USD/CAD | 1.425822 C$ | 0.007047 | 0.497% |
FAQs
What’s in news?
Rupee weakens to 97.15 against US dollar, lowest level since May 20; RBI raises interest rates to 5.50%
Indian rupee weakened to 97.15 against the benchmark US dollar on October 7, as investors focused on the elevated demand for the greenback, geopolitical headwinds for the domestic currency and the RBI's latest rate hike move.
INR vs USD: Indian rupee weakens to above 96 against US dollar after Fed’s rate hike move; key things to know
Indian currency weakened against the US dollar to trade above 96 on Thursday, September 17, due to the higher demand for the global currency amid increasing yields in dollar-denominated assets.
INR vs USD on July 13: Indian rupee drops to 95.9 against US dollar; key things to know
Indian rupee was trading weaker against the US dollar on Monday, July 13, amid the elevated oil prices and the higher greenback demand due to the West Asia crisis.
INR vs USD: Indian rupee strengthens to 94.26 against US dollar on June 15; check key factors here
The Indian rupee strengthened on Monday's market as forex investors focused on the easing geopolitical sentiment and the US-Iran peace deal. Here's what investors should know.
INR vs USD: Indian rupee trades near 95 against US dollar on June 2; check factors impacting currency rates
Indian rupee trades near 95 against the US dollar on June 2 as investors were focusing on the greenback demand amid the rising uncertainty in the market.
INR vs USD: Rupee recovers to 95.8 against US dollar over cooling oil prices; details here
The Indian rupee recovered to around 95.86 against the US dollar on Friday’s market after the domestic currency witnessed support from lower oil prices, and a subdued greenback rate in the market.
INR vs USD: Rupee recovers to 96.3 against US dollar in early trade after 9 days of record low; details here
The Indian rupee recovered from its 9-day downward trend to 96.3 against the US dollar on May 20, as global investors noted a short pullback in crude oil prices.
Rupee drops to 96.9 against US dollar, hits record low for 9th-day straight; details here
The Indian rupee dropped to a new low of 96.9 against the US dollar on May 20, as the domestic currency was witnessing pressure from greenback demand, outflows and weak global cues.
Rupee weakens for 8th straight session, new low at 96.38 against US dollar on May 19; key factors here
The Indian rupee weakened to another new low of 96.38 against the US dollar on May 19, with sustained pressure from the elevated oil prices and supply chain threats amid a widening trade deficit in the nation.
INR vs USD: Indian rupee falls to fresh record low of 96.20 against US dollar in early trade; details here
Indian Rupee fell to a fresh record low level of 96.20 against the US dollar due to higher crude oil prices and weak market sentiment weighing down the domestic currency on Monday, May 18.
INR vs USD: Rupee weakens to 96 for the first time against US dollar on May 15
The Indian rupee dropped to 96 against the US dollar, a record low for the third straight session, over a heightened demand for the greenback due to the increasing geopolitical uncertainties.
INR vs USD: Rupee loses 5% so far since US-Iran conflict; drops to a fresh record low of 95.86 on May 14
The Indian rupee has lost 5% since the beginning of the US-Iran trade war, dropping to a new low of 95.86 on May 14 amid the continued FII outflows and rising geopolitical tensions in the global market.
Crude oil price trades at $105/bbl as investors focus on Trump’s meeting with China’s Xi Jinping; gold down 0.2%
Crude oil remained elevated at around $105 per bbl as investors pinned hopes on any positive cues from the US-China meeting, as Beijing remains the largest crude oil importer from Iran.
Crude oil trades above $107/bbl as investors focus on the cost of US-Iran conflict; gold up 0.3%
Crude oil prices were trading above $107 per bbl on May 13 as investors focused on Iran's oil supply disruption and the estimated cost of war for the United States.
INR vs USD: Rupee drops to fresh record low of 95.63 in early trade
The Indian rupee dropped to a fresh record low of 95.63 against the US dollar on May 12, amid weak global cues, heightened tensions in West Asia, and rising crude oil prices in the market.
INR vs USD: Indian rupee trades near record low at 95.46 against US dollar on May 5; details here
The Indian rupee was trading weaker near its all-time lows as forex traders focused on the fragile ceasefire deal between the United States and Iran.
INR vs USD: Indian rupee hits fresh record low of 95.32 against US dollar as oil prices jump to $124/bbl
The Indian rupee weakened past the 95 against the US dollar to hit a fresh record low on a higher demand for the greenback, and elevated crude oil prices above $124 per bbl on Thursday, April 30.
INR vs USD: Indian rupee nears one-month low against US dollar amid higher oil prices, elevated greenback demand
The Indian rupee was closing towards its one-month low levels against the US dollar as investors were trading with caution amid heightened uncertainty and moving out of emerging market bets.
INR vs USD: Indian rupee weakens for 5th straight session to 94.29 against US dollar amid hazy peace talks hopes
Indian rupee weakened for the fifth-straight session to 94.29 against US dollar as traders focused on the greenback amid hazy hopes of a second round of peace talks between the US and Iran and further Strait of Hormuz-related uncertainties in West Asia.
INR vs USD, on April 23: Indian rupee drops to 94.15 against US dollar amid elevated West Asia tensions
The Indian rupee weakened against the US dollar, dropping to 94.15 levels in the early trading hours amid higher oil prices, increased greenback, and latest developments in West Asia over the US-Iran conflict.
INR vs USD, on April 22: Indian rupee weakens to 93.8 against US dollar amid West Asia uncertainties
The Indian rupee weakened to 93.8 against the US dollar as the domestic currency was witnessing significant pressure due to the sell-off in the domestic equity markets and withdrawal of foreign capital.
INR vs USD, on April 20: Indian rupee trades at 92.8 against US dollar amid mixed global cues
The Indian rupee was trading range-bound around 92.9 levels against the US dollar as the conflict entered its eighth week since the end of February 2026.
INR vs USD, April 17: Indian rupee strengthens to 92.6 against US dollar amid positive global cues
The Indian rupee strengthened against the US dollar on Friday amid positive global cues and FII buying in the domestic market.
INR vs USD, April 15: Indian rupee trades at 93.3 against US dollar amid positive global cues over US-Iran talks
The Indian rupee was trading around 93.3 against the US dollar on Wednesday, April 15, after the investors' sentiment improved due to signals of another round of potential talks between the United States and Iran later this week.
INR vs USD, April 13: Indian rupee weakens to 93.3 against US dollar amid rising West Asia tensions
Indian rupee weakened to 93.3 against the US dollar amid pressure from the increased greenback demand and failed talks between the United States and Iran.