EUR to INR Exchange Rate Today
As of today, the mid-market exchange rate for the Euro to Indian Rupee is 1 EUR = — INR. This means one euro buys approximately — Indian rupees on the open currency market.
The table below shows common EUR amounts converted to INR at today's rate:
| EUR Amount | INR Value | Notes |
|---|---|---|
| Loading latest conversion data... | ||
About the Euro (EUR) & Indian Rupee (INR)
Euro (EUR)
The Euro is the official currency of the euro area and one of the world's most important reserve and trading currencies. It is widely used in international trade, finance, travel, and cross-border payments.
Indian Rupee (INR)
The Indian Rupee is the official currency of India and is used across one of the world's largest and fastest-growing major economies. It plays a central role in trade, remittances, and domestic commerce.
Historical trend
The EUR to INR exchange rate often reflects relative inflation, interest-rate expectations, capital flows, and broader global market conditions. It can also move meaningfully during periods of eurozone or emerging-market volatility.
What drives the pair
EUR/INR is influenced by European Central Bank policy, Reserve Bank of India actions, oil prices, trade balances, inflation data, and investor sentiment toward both Europe and emerging markets.
Step-by-Step
How to Convert EUR to INR
EUR to INR conversion works by multiplying the Euro amount by the current EUR to INR exchange rate.
The Method
EUR is the currency code for the Euro. INR is the currency code for the Indian Rupee.
INR = EUR × Exchange Rate
To convert Euros into Indian Rupees, multiply the EUR amount by the current EUR to INR rate shown in the calculator above.
How to Convert Euros into Indian Rupees — Step by Step
1
Enter the EUR amount
Type the number of Euros you want to convert, such as 100.
2
Use the current exchange rate
Multiply the EUR amount by the latest available EUR to INR rate.
3
Read the result in INR
The converter instantly displays the equivalent value in Indian Rupees (INR).
EUR to INR Historical Exchange Rates
The table below shows yearly average EUR/INR reference rates calculated from available daily exchange-rate data. The most recent year is shown as year-to-date (YTD).
| Year | Avg. Rate (INR per EUR) | Annual Change |
|---|---|---|
| Loading historical rates... | ||
Historical averages are calculated from available daily reference rates.
EUR/INR often reflects euro area monetary policy, Indian growth and inflation trends, import demand, and shifts in global capital flows.
Factors That Affect the EUR/INR Exchange Rate
Several economic forces influence the euro relative to the Indian rupee:
ECB and RBI policy decisions
Monetary policy decisions by the European Central Bank and the Reserve Bank of India affect interest-rate expectations, capital flows, and the relative attractiveness of EUR and INR.
Inflation trends
Differences in inflation between the eurozone and India can shape exchange-rate direction over time, especially when they influence real interest rates and monetary policy expectations.
Oil and commodity prices
India is a major importer of energy, so changes in crude oil prices can affect the rupee through trade balance pressure and inflation expectations.
Global risk sentiment
Investor appetite for risk can influence emerging-market currencies such as INR. During periods of global uncertainty, capital flows may shift and affect EUR/INR volatility.
Trade and capital flows
Imports, exports, foreign investment, and remittance trends all play a role in demand for euros and rupees in the market.
5 Tips for Getting the Best EUR to INR Rate
- 1 Use the mid-market rate as your benchmark. The mid-market rate shown in this converter is a useful reference. Banks and money transfer services usually add a markup.
- 2 Compare multiple providers. Different providers may offer meaningfully different rates and fee structures, especially for larger transfers.
- 3 Check total costs, not just the FX rate. Some providers advertise a strong exchange rate but recover margin through service, card, or delivery fees.
- 4 Watch ECB and RBI updates. Central bank policy changes and commentary can move EUR/INR sharply in a short period.
- 5 Plan larger conversions carefully. Small improvements in the exchange rate can make a significant difference on tuition, travel, imports, or business payments.
Frequently Asked Questions — EUR to INR
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Fetching the latest EUR to INR rate...
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Usually not. The rate displayed on Google or financial sites is the mid-market or interbank rate, the wholesale rate at which banks trade with each other. When you exchange money through a bank, remittance service, or forex counter, they add a margin on top. The size of that margin varies: online platforms typically offer rates closest to the mid-market figure, while airport counters are usually the most expensive.
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For most people, online remittance services like Wise, Remitly, or Instarem offer the best combination of competitive rates and low fees. If you're already in India and receiving euros, having the sender transfer via these platforms is often cheaper than a traditional bank wire. For cash conversions, authorised forex dealers in major Indian cities tend to beat both banks and airports.
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Currency prices are determined by supply and demand in global foreign-exchange markets, which trade trillions of dollars' worth of currencies daily. Economic data releases, central bank decisions, geopolitical events, and shifts in investor sentiment all affect how much traders are willing to pay for one currency in terms of another. The EUR/INR pair reflects the collective assessment of Europe's economic outlook relative to India's, updated continuously.
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There's no universally best time. That said, liquidity and tighter spreads tend to be highest when European and Indian markets overlap, roughly between 1:30 PM and 5:30 PM IST on weekdays. If you're transferring a large sum, setting up a rate alert and converting when the rate hits a level you're comfortable with is usually more practical than trying to time the market.
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Currency conversion itself is not taxed as income. However, India's Liberalised Remittance Scheme applies Tax Collected at Source on outward remittances above the applicable threshold. If you're receiving euros into India, the converted amount is generally not taxable unless it represents income, such as freelance or business payments, in which case the income itself may be taxable.
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Yes. Financial data sites like Investing.com, XE, and Google Finance show near real-time EUR/INR rates during market hours. Many platforms also let you set alerts when the rate crosses a specific level. If you're using a remittance app, it may include built-in rate tracking and push notifications.