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INR INR USD USD 🔥 Most searched Rate as of2026-05-16

INR to USD Converter.

Current rate

1 INR = 0.01136 USD as of 2026-05-16. Reverse of the largest India-related pair. Used for: (1) Indian outbound LRS remittance ($250K/year limit per resident). (2) Indian students abroad bringing rupees converted to USD. (3) NRI repatriation calculations. The Indian Liberalised Remittance Scheme (LRS) allows $250K outbound per resident per FY for permitted purposes.

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INRUSD Converter

🇮🇳 ₹1.00 = 🇺🇸
$0.01
Rate: 1 INR = 0.0114 USD
Common conversions
🇮🇳 INR🇺🇸 USD
₹1.00$0.01
₹10.00$0.11
₹100.00$1.14
₹500.00$5.68
₹1,000.00$11.36
₹5,000.00$56.80
₹10,000.00$113.60
₹50,000.00$568.00
₹100,000.00$1,136.00
✨ Mid-market rate · 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

INR trend over time.

Today
0.01136
1 INR = USD
1 year ago
0.01189
↓ 4.5% in 12 months
5 years ago
0.01342
↓ 15.4% in 5 years
❓ FAQ

INR to USD FAQ.

What is the LRS limit for INR-to-USD conversion?
Liberalised Remittance Scheme (LRS) allows Indian residents to remit up to $250,000 per financial year (April-March) outward for permitted purposes: education, medical treatment, travel, gifts to relatives, foreign investments, property purchase. TCS (Tax Collected at Source) applies at 20% above ₹7 lakh per FY since October 2023, except for education/medical (5% above ₹7L).
Cheapest INR-to-USD conversion in 2026?
Wise: cheapest for amounts under $10K, 0.4% from mid-market. ICICI / HDFC / Axis e-Forex: competitive for amounts above $5K. Indian banks must report all LRS transactions to RBI, so all formal channels are tracked. The black market exists but is illegal and decreasing in size due to digital payment trail.
When is INR-to-USD conversion best done?
For planned purposes (annual student fees, scheduled property purchases): break the conversion into 2-4 tranches across the FY to dollar-cost average. For ad-hoc transfers: rate volatility is low enough that timing rarely beats execution discipline. Avoid converting just before major US event risk (Fed meetings, election windows).