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Dollar To INR Exchange Rate Today: November 2, 2022

Read on to know the Dollar to INR exchange rate on November 2, 2022.

<div class="paragraphs"><p>Sources: Rupixen.com on Unsplash&nbsp;</p></div>
Sources: Rupixen.com on Unsplash 

The exchange rate between the currencies of different nations keeps changing constantly, in a few hours or even minutes, depending on the Forex market trends. As a standard to measure the value of a nation’s currencies, the different currencies are defined in relation to their value against the Dollar. This comparison between different currencies is termed an ‘exchange rate’. Similarly, the exchange of the Rupee against the Dollar also keeps changing on the basis of the Forex market changes as well as various other factors. The value of the Rupee has depreciated quite a lot compared to the Dollar, almost by around 10% over the past year.

November 2: Dollar to INR Exchange Rate Today

At the time of writing this article on November 2, 2022, the exchange rate of the Dollar to INR is ₹82.79 for $1. Just a few weeks ago, the value of the Rupee had reached its lowest against the Dollar, going down as far as ₹83 for $1. The factors that have contributed to the recent fall in the value of the Rupee include the rising rates of inflation worldwide, supply chain issues caused due to the ongoing Russia and Ukraine war, and the generally unstable economic conditions in India and many other countries around the world. Not only the Rupee but many other nations’ currencies have been devalued against the dollar in the past few months due to the above-mentioned factors.

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 2, 2022: 

Euro to INR: The rate of Euro to INR is 1 Euro for ₹81.78, as of November 2.  

British Pound: The rate of British Pound to INR for 1 British Pound is ₹95.20, as of November 2. 

Australian Dollar: The rate of Australian Dollar to INR for 1 Australian Dollar is ₹53.12, as of November 2.

Canadian Dollar: The rate of Canadian Dollar to INR for 1 Canadian Dollar is ₹60.84, as of November 2.

Singapore Dollar: The rate of Singapore Dollar to INR for 1 Singapore Dollar is ₹58.55, as of November 2.

Swiss Franc: The rate of Swiss Franc to INR for 1 Swiss Franc is ₹82.87, as of November 2.

Japanese Yen: The rate of Japaese Yen to INR for 1 Japanese Yen is ₹0.56, as of November 2.

Chinese Yuan: The rate of Chinese Yuan to INR for 1 Chinese Yuan is ₹11.37, as of November 2.

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.