India Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
India's exchange rate was 86.92 in 2025, ranked 70th globally. This represents a 3.9% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
India's exchange rate stood at 86.92 in 2025, a rise of +3.26 from 2024. Based on recent trends, this figure is projected to reach 86.92 by 2025. India ranked 70th globally.
India's exchange rate has experienced a significant fluctuation over the past 66 years, spanning from 4.76 in 1965 to 86.92 in 2025, with the latter marking the all-time peak. This substantial increase suggests a weakening of the rupee against major currencies, a trend that is echoed by its peer, Bhutan, which shares the same exchange rate value. In contrast to other emerging economies, India's exchange rate has not experienced a notable decline, unlike some peer countries such as the Kyrgyz Republic, which has seen its exchange rate increase to 91.07. The long-term trajectory of India's exchange rate suggests a gradual appreciation, which may be influenced by the country's growing trade deficit and increasing foreign investment. A reversal in the trade balance or a significant shift in global economic conditions could alter the trajectory of India's exchange rate, potentially leading to a depreciation of the rupee.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 92.49 | - | - |
| 2026* trend | 89.71 | - | - |
| 2025* trend | 86.92 | - | - |
| 2025 | 86.92 | +3.26 | #70 |
| 2024 | 83.67 | +1.07 | #136 |
| 2023 | 82.60 | +3.99 | #137 |
| 2022 | 78.60 | +4.69 | #138 |
| 2021 | 73.92 | −0.18 | #138 |
| 2020 | 74.10 | +3.68 | #140 |
| 2019 | 70.42 | +2.03 | #140 |
| 2018 | 68.39 | +3.27 | #140 |
| 2017 | 65.12 | −2.07 | #140 |
| 2016 | 67.20 | +3.04 | #141 |
| 2015 | 64.15 | +3.12 | #142 |
| 2014 | 61.03 | +2.43 | #143 |
| 2013 | 58.60 | +5.16 | #143 |
| 2012 | 53.44 | +6.77 | #143 |
| 2011 | 46.67 | +0.94 | #143 |
Detected Pattern
Analysis
India matched the Fiscal Dominance Trap pattern in 2010. Historically, 72% of countries showing this pattern (278 out of 386) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
India's exchange rate was 86.92 in 2025. Ranked 70th globally. This represents a 3.9% increase from the previous year.
India's exchange rate peaked at 86.92 in 2025.
The lowest exchange rate in India was 4.76 in 1960.
India ranks 70th globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
India's exchange rate is projected to reach 86.92 by 2025 based on trend extrapolation.
The exchange rate of India in 2025 was 86.92. This ranks 70th in the world.
Cite this page
@misc{historysaid_india_exchange-rate,
title = {India Exchange Rate},
url = {https://historysaid.com/india/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}