Dollar To INR Exchange Rate: November 9, 2022

The value of currencies of different countries keeps changing over time in comparison to the value of the Dollar as they are traded on the foreign exchange market (Forex). In order to understand and determine the value of any country’s currency, it is generally compared to the value of the US dollar as an international standard. The comparison of value between two different currencies is called an ‘exchange rate’. Similarly, the value of the Rupee (₹) is also considered in comparison with the Dollar ($) and the exchange rate between the Rupee and the Dollar also keeps changing constantly on the basis of Forex market trends as well as many other factors. In recent months, the value of the Dollar has been depreciating against the Rupee, mostly due to the Federal Reserve raising interest rates in the US.

The value of currencies of different countries keeps changing over time in comparison to the value of the Dollar as they are traded on the foreign exchange market (Forex). In order to understand and determine the value of any country’s currency, it is generally compared to the value of the US dollar as an international standard. The comparison of value between two different currencies is called an ‘exchange rate’. Similarly, the value of the Rupee (₹) is also considered in comparison with the Dollar ($) and the exchange rate between the Rupee and the Dollar also keeps changing constantly on the basis of Forex market trends as well as many other factors. In recent months, the value of the Dollar has been depreciating against the Rupee, mostly due to the Federal Reserve raising interest rates in the US.

At the time of writing this article on November 9, 2022, the rate of the Dollar to INR is ₹81.33 for $1. The rate of the Rupee against the Dollar had gone past ₹83 for $1 at it’s highest just a few weeks ago in October 2022. Since then, the rate of the Rupee has somewhat recovered. The rising rate of inflation in India and many countries across the world as well as the ongoing Russia-Ukraine war have also been contributing factors that have led to the fall in the value of the Rupee against the Dollar. Not just the Rupee but many other nation’s currencies have dropped in value compared to the Dollar in recent months.

Now that we’ve looked at the rates of the Rupee against the Dollar, let’s also take a look at the exchange rate of other the Rupee against other major international currencies, as on November 9, 2022: 

Euro to INR: The rate of Euro to INR is 1 Euro for ₹81.84, as of November 9, 2022.  

British Pound: The rate of British Pound to INR for 1 British Pound is ₹93.82, as of November 9, 2022.  

Australian Dollar: The rate of Australian Dollar to INR for 1 Australian Dollar is ₹52.97, as of November 9, 2022. 

Canadian Dollar: The rate of Canadian Dollar to INR for 1 Canadian Dollar is ₹60.57, as of November 9, 2022.

Singapore Dollar: The rate of Singapore Dollar to INR for 1 Singapore Dollar is ₹58.18, as of November 9, 2022.

Swiss Franc: The rate of Swiss Franc to INR for 1 Swiss Franc is ₹82.61, as of November 9, 2022.

Japanese Yen: The rate of Japaese Yen to INR for 1 Japanese Yen is ₹0.55, as of November 9, 2022.

Chinese Yuan: The rate of Chinese Yuan to INR for 1 Chinese Yuan is ₹11.23, as of November 9, 2022.

Disclaimer: All of the exchange rates mentioned in the article have been recorded at the time of writing and are subject to change in the future.