Dollar To INR Exchange Rate: November 22, 2022

The rate of the Rupee (₹) against the Dollar ($) has depreciated by a big margin during this year. There are various factors behind the fall in the value of the Rupee, such as the ongoing war between Ukraine and Russia, rapidly rising inflation in many countries across the world, and the Federal Reserve hiking interest rates in the United States. Moreover, the Dollar to Rupee exchange rates also keeps changing every day and every hour, depending on various factors like the level of international trade between countries, the demand for these currencies, and currency traders who make very frequent trades on the foreign exchange (Forex) markets.

At the time of writing this article on November 22 2022, the rate of Dollar to INR is ₹81.66 for $1. Just a few weeks ago in October 2022, the rate of the Rupee against the Dollar had crossed its highest-ever exchange rate at ₹83. This depreciation of the currency is not just happening in India but across many countries’ currencies in the world. The value of the Dollar has gone up in the past few months compared to the value of other countries’ currencies due to an economic downturn, rising interest rates in the United States by the Fed, and rising inflation across the world. Many financial experts predict that if the value of the Rupee against the dollar keeps falling at the same levels, it could go down to ₹84 or even ₹85 for $1.

Exchange Rate Of Other Currencies Against The Rupee

While we’ve looked at the rates of the Rupee against the Dollar, let’s also take a look at the exchange rate of other currencies against the Rupee, as on November 22, 2022: 

Euro to INR: The rate of Euro to INR is 1 Euro for ₹83.91, as of November 22, 2022. 

British Pound: The rate of British Pound to INR for 1 British Pound is ₹96.89, as of November 22, 2022. 

Australian Dollar: The rate of Australian Dollar to INR for 1 Australian Dollar is ₹54.25, as of November 22, 2022. 

Canadian Dollar: The rate of Canadian Dollar to INR for 1 Canadian Dollar is ₹60.93, as of November 22, 2022. 

Singapore Dollar: The rate of Singapore Dollar to INR for 1 Singapore Dollar is ₹59.23, as of November 22, 2022. 

Swiss Franc: The rate of Swiss Franc to INR for 1 Swiss Franc is ₹85.41, as of November 22, 2022. 

Japanese Yen: The rate of Japanese Yen to INR for 1 Japanese Yen is ₹0.57, as of November 22, 2022. 

Chinese Yuan: The rate of Chinese Yuan to INR for 1 Chinese Yuan is ₹11.44, as of November 22, 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.