Rupee: The Melting Ice Cube
Every year your WhatsApp family group celebrates the same “good news.” “Beta, dollar is 90 rupees now, send money this week!” On paper, you are richer. Your $1,000 magically becomes ₹90,000 instead of ₹70,000. Parents are happy. Builders are happy. The random cousin who…
USD to INR today and NRI money tools
Family Ends Wedding Budget Dispute by Pricing Everything in Dirhams, Nobody Sure Why
A neutral third currency succeeded where eleven days of dollars and rupees had failed, participants said, mostly out of confusion.
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Ravi checks the rate before sending money home. Then Sharma Uncle says he got a better one.
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Currency Converter
Convert at the mid-market rate shown on our rate pages.
| $100 | ₹9,522 |
| $500 | ₹47,610 |
| $1,000 | ₹95,220 |
| $5,000 | ₹4,76,100 |
Mid-market rates for guidance. Banks and transfer providers add a margin and fees, so the amount you receive will be a little lower.
NRE FD Calculator
Deposit, tenure and rate in; maturity value out, compounded quarterly the way Indian banks do it.
| Interest earned | ₹1,03,131 |
| Effective annual yield | 6.45% |
| Maturity value | ₹6,03,131 |
| State Bank of India | 1 yr 6.25% · 3 yr 6.30% |
| ICICI Bank | 1 yr 6.25% · 3 yr 6.45% |
Prefilled with State Bank of India's current 3-year-band NRE rate from the rates table on this page. Edit it to the rate your bank quotes you. Estimate only: the bank's exact day count and payout dates can shift the final figure slightly. Interest on NRE deposits is tax-free in India, but may be taxable in the country where you live.
RBI Macro Room
- Repo rate5.50%
- Standing Deposit Facility5.25%
- Marginal Standing Facility5.75%
- Bank Rate5.75%
- Fixed Reverse Repo3.35%
- CRR3.00%
- SLR18.00%
Forex reserves · as of Oct 16, 2026
- Total reserves$721B · ₹68.5 lakh crore
- Gold$105.8B · ₹10 lakh crore
Market Snapshot
- S&P 500 (SPY)$769.66+0.56%
- Nasdaq 100 (QQQ)$721.25+1.27%
- Dow Jones (DIA)$523.28+0.06%
- Gold (GLD)$372.28+1.21%
- Oil (USO)$163.88-1.41%
- NIFTY 5022,698.85-0.22%
- SENSEX73,246.03-0.48%
- NIFTY BANK54,267.40+0.54%
Gold Rates (per 10g)
IBJA rates include import duty and taxes · Last fixing Wed Oct 28
The same national gold rate behind Suwarna's tables. City jewellers add a local premium, so your city rate will differ a little.
Stat of the Day
Money Deadlines
- Dec 15, 2026India advance tax: 3rd instalment (75%)in 47 days
- Mar 15, 2027India advance tax: final instalment (100%)in 137 days
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- Apr 15, 2027US federal tax return duein 168 days
- Jun 15, 2027US expat automatic extension endsin 229 days
Recurring annual dates. Weekends, holidays and official notifications can move a date in a given year, so verify for the current year before you rely on one. Sources: Income-tax Act, 1961, FinCEN, IRS.
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🎮 Play, Compare & Share
💸 Send Money to India: Cost Comparator
See what Wise, Remitly, Instarem and Xoom actually deliver to India after fees and rate margins, estimated from their published fees at today’s live USD/INR rate.
| Provider | Fee | Recipient gets for $1,000 |
|---|---|---|
| Wise Best estimate | $6.85 | ₹94,568 |
| Remitly | $0 transfer fee | Rate set per transfer |
| Instarem | Check provider | Check provider |
| Xoom (PayPal) | Check provider | Check provider |
Estimate from published fees as of October 12, 2026. Full comparison →
📞 Today’s Rupee Call
Rupee Call
Will the rupee weaken or strengthen by close on October 30, 2026?
One guess per day. You can change nothing after submitting - choose well.
Leaderboard and last result
Just for fun. No prizes, no money, no bragging rights beyond this page.
This is a game, not financial advice.
How Rich Are You in India?
What a dollar amount feels like in India, in purchasing power rather than exchange rates.
Spent in India, that buys roughly what $4,740 buys in the US.
By the World Bank's purchasing power parity measure, what $1,000 buys in the US costs about ₹20,089 in India (PPP factor ₹20.09 per international dollar, 2025).
Based on the World Bank's PPP conversion factor for India (2025): ₹20.09 per international dollar. PPP compares the cost of the same basket of goods and services across countries. It is an economy-wide average, not a city cost index, and it is not an exchange rate.
Best Day to Send
Strongest weekday so far: Thursday, averaging ₹95.60 per USD.
| Mondays | ₹95.51 |
| Tuesdays | ₹95.45 |
| Wednesdays | ₹95.47 |
| Thursdays | ₹95.60 |
| Fridays | ₹95.59 |
Averages of the daily readings in our own USD/INR archive: 42 days since Sep 1, 2026. Weekday patterns in exchange rates are weak and drift with markets, so treat this as a nudge, never a promise.
🔔 Rupee Alert
🇮🇳 India Money Pulse: data nobody else aggregates
UPI Pulse
- Value moved₹29.4 lakh crore
Inflation Now
- Food inflation (CFPI)7.74%
Featured
Rupee: The Melting Ice Cube
Every year your WhatsApp family group celebrates the same “good news.” “Beta, dollar is 90 rupees now, send money this week!” On paper, you are richer. Your $1,000…
🗞️ The IndiaPay Times · Satire
Family Ends Wedding Budget Dispute by Pricing Everything in Dirhams, Nobody Sure Why
A neutral third currency succeeded where eleven days of dollars and rupees had failed, participants said, mostly out of confusion.
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Today's NRE FD Rates
| Bank | 1-year band | 3-year band |
|---|---|---|
| State Bank of IndiaDeposits below ₹3 crore · w.e.f. 15 Aug 2026 | 6.25%1 yr to <2 yrs | 6.30%3 yrs to <5 yrs |
| ICICI BankGeneral, with premature withdrawal · w.e.f. 9 Oct 2026 | 6.25%1 yr to 389 days | 6.45%2 yrs 1 day to 3 yrs |
Rates read from the banks' official websites on October 12, 2026: State Bank of India, ICICI Bank. Banks revise rates without notice and bigger deposits earn different rates, so confirm the current rate before you deposit.
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ℹ️ About IndiaPay
The NRI money hub: live rupee rates, honest comparisons and guides that respect both your rupees and your dollars.