1 million dollars in rupees

1 million Dollars equal to 73,500,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 73,500,000 Rupees because the current market exchange rate is 73.5.

Updated: October 17, 2018 10:31 India.

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However normally you have to pay some commission fee for currency exchange. The fee depends on exchange points (bureau, banks). It varies from 0.1% to 5%. Usually the commission is hidden in the exchange rate for you. Therefore the exchange rate will be slightly different from the mentioned above (it is only actual one for banks exchanging tens of millions dollars).

Let us calculate the exchange rates and amounts in Rupees depending on possible commission fee (see Tables 1 and 2 and read comments below).

If your commission fee is 0.1% then 1 million USD equal to 73,426,500 INR for selling, where the exchange rate is 73.4265, and 1 million dollars equal to 73,573,500 INR for buying, where the rate is 73.5735.

1 million Dollars in Rupees is 73,353,000 Rupees with rate 73.3530 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 73,647,000 Rupees with rate 73.6470. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 73.3163, you receive 73,316,300 INR, while you need to pay 73,683,800 Rupees to buy 1 million USD at 73.6838. If your commission fee is 0.5% then 1 million USD equal to 73,132,500 INR for selling, where the exchange rate is 73.1325, and 1 million dollars equal to 73,867,500 INR for buying, where the rate is 73.8675.

1 million Dollars in Rupees is 72,765,000 Rupees with rate 72.7650 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 74,235,000 Rupees with rate 74.2350. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 72.3975, you receive 72,397,500 INR, while you need to pay 74,602,500 Rupees to buy 1 million USD at 74.6025. If your commission fee is 2% then 1 million USD equal to 72,030,000 INR for selling, where the exchange rate is 72.0300, and 1 million dollars equal to 74,970,000 INR for buying, where the rate is 74.9700.

1 million Dollars in Rupees is 71,662,500 Rupees with rate 71.6625 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 75,337,500 Rupees with rate 75.3375. In case you sell 1 million dollars at commission 3%, meaning exchange rate 71.2950, you receive 71,295,000 INR, while you need to pay 75,705,000 Rupees to buy 1 million USD at 75.7050. If your commission fee is 3.5% then 1 million USD equal to 70,927,500 INR for selling, where the exchange rate is 70.9275, and 1 million dollars equal to 76,072,500 INR for buying, where the rate is 76.0725.

1 million Dollars in Rupees is 70,560,000 Rupees with rate 70.5600 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 76,440,000 Rupees with rate 76.4400. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 70.1925, you receive 70,192,500 INR, while you need to pay 76,807,500 Rupees to buy 1 million USD at 76.8075. If your commission fee is 5% then 1 million USD equal to 69,825,000 INR for selling, where the exchange rate is 69.8250, and 1 million dollars equal to 77,175,000 INR for buying, where the rate is 77.1750.

Table 1. USD to INR exchange rates including commission fees.

Commission Fee, %Rate if SellingRate if Buying
0.1 73.4265 73.5735
0.2 73.3530 73.6470
0.25 73.3163 73.6838
0.5 73.1325 73.8675
1 72.7650 74.2350
1.5 72.3975 74.6025
2 72.0300 74.9700
2.5 71.6625 75.3375
3 71.2950 75.7050
3.5 70.9275 76.0725
4 70.5600 76.4400
4.5 70.1925 76.8075
5 69.8250 77.1750

Table 2. 1 million Dollars in Rupees in case of selling and buying.

Commission Fee, %Rupees if SellingRupees if Buying
0.1 73,426,500 73,573,500
0.2 73,353,000 73,647,000
0.25 73,316,300 73,683,800
0.5 73,132,500 73,867,500
1 72,765,000 74,235,000
1.5 72,397,500 74,602,500
2 72,030,000 74,970,000
2.5 71,662,500 75,337,500
3 71,295,000 75,705,000
3.5 70,927,500 76,072,500
4 70,560,000 76,440,000
4.5 70,192,500 76,807,500
5 69,825,000 77,175,000

Updated:

Yesterday, 1 million Dollars was equal to 73,260,000 Rupees, the change was 0.33%.

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