💵 USD/INR · India · 1947 to today
USD/INR Price History
From ₹4.76 INR/USD in 1947 to ₹95.2 INR/USD today — a 20x rise over 79 years.
Annual average rates. Source: RBI Historical Reference Rates.
Current price
₹95.2
INR/USD
Since 1947
20x
total increase
All-time high
₹95.2
2026
All-time low
₹4.76
1947
Price chart
USD/INR · INR · Annual
Dashed lines mark key historical events
Moments that moved prices
1947
Independence
India gains independence. Gold ₹88, Petrol 27 paise. Rupee pegged at ₹4.76 per USD.
USD/INR: ₹4.76 INR/USD1966
Rupee Devaluation
Rupee devalued 57% under IMF pressure — from ₹4.76 to ₹7.50 per USD overnight. Import costs surged.
USD/INR: ₹6.36 INR/USD1991
Economic Liberalisation
India pledged 67 tonnes of gold to avoid default. Rupee devalued in two steps — ₹17.90 to ₹25.83 per USD. Economy opened under Manmohan Singh.
USD/INR: ₹22.74 INR/USD1993
Rupee Made Market-Determined
LERMS dual exchange rate unified. For the first time, the rupee rate was set by the market — not government fiat. Dollar rose to ₹31.37.
USD/INR: ₹30.49 INR/USD2013
Taper Tantrum
Fed hinted at tapering QE. Rupee crashed from ₹54 to ₹68 per USD in weeks — the sharpest fall since 1991. RBI emergency rate hike arrested the slide.
USD/INR: ₹58.6 INR/USD2016
Demonetisation
₹500 and ₹1000 notes scrapped overnight. Panic buying of gold briefly spiked prices before crashing. Rupee weakened to ₹67.
USD/INR: ₹67.2 INR/USD2020
COVID-19 Pandemic
Lockdowns crashed petrol demand. Gold surged to ₹56,000 — the biggest single-year jump ever. Rupee fell to ₹74 per USD.
USD/INR: ₹74.1 INR/USD2022
Russia-Ukraine War
Global energy crisis pushed petrol to record ₹105/litre. Gold also spiked on safe-haven demand. Rupee crossed ₹80 for the first time.
USD/INR: ₹78.6 INR/USD2026
US-Iran War
US strikes on Iran's nuclear sites raised fears of Strait of Hormuz closure — through which 40% of India's oil imports pass. The rupee fell sharply from ₹87 to ₹96 per dollar as India's import bill surged and global risk sentiment turned negative.
USD/INR: ₹95.2 INR/USDQuick stats
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