The US dollar (USD) is one of the most powerful currencies in the world and also the most widely traded currency globally. When the Indian rupee (INR) is expressed in terms of another currency to measure its strength or weakness, the most common benchmark is always the USD. Would you believe there was a time when the USD to INR exchange rate was less than 5? However, 1 dollar in rupees in January 2025 is ~₹86.02.
So, how did the USD to INR exchange rate become progressively higher? This article explores the intriguing USD to INR history, from pre-independence to the present, shedding light on significant economic events that have shaped India"s currency landscape.
First Published: May 26, 2025, 16:44
Subscribe Now