INR · ₹
Indian Rupee (INR)
The Indian Rupee (INR) is the official currency of India, issued by the Reserve Bank of India. It is one of the most traded currencies in the world, reflecting India's growing economy.
Convert this currency
Converted amount
0.0105 USD
Exchange rate
1 INR = 0.010504 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
INR · Indian Rupee
Indian Rupee (INR): Overview and History
The Indian Rupee (INR) is the official currency of the Republic of India. It is issued and regulated by the Reserve Bank of India (RBI), the country's central bank. The symbol for the rupee is ₹, which was adopted in 2010 to represent the currency's identity. The rupee is subdivided into 100 paise, although coins of lower denominations are rarely used in daily transactions.
India has a rich monetary history, with the rupee's origins dating back to ancient times. The modern rupee was introduced in the 16th century by Sher Shah Suri, and later standardized by the British East India Company. After India gained independence in 1947, the rupee became the national currency, and the RBI took over the issuance of banknotes. Over the years, the rupee has undergone several changes, including the introduction of new banknote series and demonetization events.
Today, the Indian Rupee is widely used in international trade and finance, reflecting India's position as one of the world's fastest-growing major economies. The exchange rate of the rupee is determined by market forces, with the RBI intervening to manage excessive volatility. As a result, the rupee's value fluctuates against other major currencies, impacting trade, investment, and remittances.
- Code
- INR
- Symbol
- ₹
- Current rate
- USD / INR
Currency information
Last updated · 8/7/2026
The Indian Rupee was introduced in its current form in 1957, following the adoption of the decimal system.
- Official name
- Indian Rupee
- Legal tender status
- Legal tender in India
- Decimal places
- 2
- Minor unit
- Paisa · 1 INR = 100 Paisa
- Countries
- India
- Issuing authority
- Reserve Bank of India
- Central bank
- Reserve Bank of India · Official website
- Exchange-rate regime
- Managed floating
Common banknotes
₹10 · ₹20 · ₹50 · ₹100 · ₹200 · ₹500 · ₹2000
Common coins
₹1 · ₹2 · ₹5 · ₹10 · 50 paise
Also known as
Rupee · Rupaya · Indian rupee · INR · ₹ · Roupie indienne
Practical notes
- The symbol ₹ was adopted in 2010.
- Banknotes are issued by the Reserve Bank of India.
Priority currency pairs
The most useful conversions for this currency.
Indian Rupee questions
What is the INR exchange rate?
The displayed rate is the latest available reference rate for USD/INR. It can change throughout the day.
How can I convert INR online?
Use the converter above to calculate indicative amounts between INR and the other supported currencies.