Dollar To INR Exchange Rate Today: November 11, 2022
The exchange rate between the Dollar & the Rupee keeps constantly changing on the basis of various factors. Check the latest rates
The rate of exchange between currencies of different countries keeps changing on a regular basis as they are continuously traded on the foreign exchange market, or the ‘Forex’. While exchange rates between different currencies are important for international trade, in order to determine the value of any country’s currency, its value is measured in comparison to the value of the Dollar. Similarly, in order to determine the value of the Rupee (₹), it is also compared to the value of the Dollar ($), and the rate of exchange between these two currencies also keeps changing constantly. Over the past few months, the rate of the Rupee has gone down in comparison to the rate of the Dollar, due to various international economic factors.
Dollar To INR Exchange Rate On November 11, 2022
At the time of writing this article on November 11, 2022, the Dollar to INR exchange rate currently stands at ₹80.80 for $1. While the rate of the Rupee against the Dollar has somewhat recovered over the past few days, it reached its highest-ever level in October 2022, going up to more than ₹83 for $1. The falling of the rate of the Rupee is not just limited to our currency, but the currencies of many other countries have also seen a decline in value as the Federal Reserve in the US has increased interest rates multiple times over recent months Moreover, a slowdown of the economy caused to due the pandemic and the economic instability caused by the ongoing Russia-Ukraine war has also contributed to the value of Rupee and other currencies failing.
Exchange Rate Of Other Currencies Against The Rupee
Now that we’ve looked at the rates of the Rupee against the Dollar, let’s also take a look at the exchange rate of other the Rupee against other major international currencies, as on November 11, 2022:
Euro to INR: The rate of Euro to INR is 1 Euro for ₹82.60, as of November 11, 2022.
British Pound: The rate of British Pound to INR for 1 British Pound is ₹94.63, as of November 11, 2022.
Australian Dollar: The rate of Australian Dollar to INR for 1 Australian Dollar is ₹53.65, as of November 11, 2022.
Canadian Dollar: The rate of Canadian Dollar to INR for 1 Canadian Dollar is ₹60.71, as of November 11, 2022.
Singapore Dollar: The rate of Singapore Dollar to INR for 1 Singapore Dollar is ₹58.61, as of November 11, 2022.
Swiss Franc: The rate of Swiss Franc to INR for 1 Swiss Franc is ₹83.86, as of November 11, 2022.
Japanese Yen: The rate of Japanese Yen to INR for 1 Japanese Yen is ₹0.57, as of November 11, 2022.
Chinese Yuan: The rate of Chinese Yuan to INR for 1 Chinese Yuan is ₹11.38, as of November 11, 2022.
Disclaimer: All of the exchange rates that are mentioned in this article have been recorded at the time of writing this article and are subject to change in the future.