In the year 1947 one Dollar is equal to 1 Indian Rupee. Afterwards, the value of Indian Rupee steadily declined and reached 48 rupees to 1 US Dollar. In the period 2000–2007, the Rupee stopped declining and stabilized ranging between 1 USD = INR 44–48. In late 2007, the Indian Rupee reached a record high of Rs.39 per USD, on account of sustained foreign investment flows into the country.
Click here to view the Dollar - Rupee exchage rates right from the years 1913.
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