EUR/INR: what to know
The EUR/INR rate shows how much INR you get for 1 EUR. Right now, 1 EUR buys 109.8690 INR at the mid-market rate. In the other direction, 1 INR is worth 0.009102 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while INR responds to oil prices and capital flows.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the EUR/INR rate has ranged between 99.7845 and 112.3226 — a change of +8.94% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.