MoneyLive mid-market exchange rates for sending money to India from the Gulf, the US, the UK and beyond — with a 30-day trend and a remittance calculator.
30-day USD/INR trend
| Date | 1 USD = INR |
|---|---|
| 09 Sep | ₹94.8000 |
| 03 Sep | ₹94.4949 |
| 31 Aug | ₹95.1144 |
| 26 Aug | ₹95.4303 |
| 23 Aug | ₹95.7003 |
| 18 Aug | ₹95.8164 |
| 13 Aug | ₹95.4012 |
| 10 Aug | ₹95.3967 |
| 05 Aug | ₹95.0773 |
| 02 Aug | ₹95.4022 |
| 28 Jul | ₹95.5987 |
Remittance calculator
How the rate works
The mid-market rate above is the midpoint of the live buy and sell price for US Dollar against the Indian Rupee — the rate you see on Google or Reuters. Money-transfer providers and banks apply a margin on top (typically 0.5–3%) plus a flat fee, so the amount actually delivered is a little lower. The calculator above lets you model both.
Frequently asked questions
What is the best USD to INR rate right now?
The mid-market rate is ₹94.8000 per USD as of 9 Sep 2026 03:03 UTC. No provider gives you exactly the mid-market rate — compare the total amount delivered (after margin and fees) across two or three services before sending.
Is there tax on money sent to India?
Money received by a resident Indian from a close relative abroad is not taxed as income. For other transfers, gifts above ₹50,000 in a year from a non-relative can be taxable in the recipient’s hands. On the sending side, some countries (e.g. India’s own LRS) apply a tax-collected-at-source; check your local rules.
What moves the USD/INR rate?
For rupee pairs, the main drivers are the US dollar’s global strength, crude oil prices (India is a big importer), foreign investment flows into Indian markets, the RBI’s interventions, and the interest-rate gap between the two countries.