1 million dollars in rupees

1 million Dollars equal to 67,787,500 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 67,787,500 Rupees because the current market exchange rate is 67.7875.

Updated: June 22, 2018 14:49 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 67,719,700 INR for selling, where the exchange rate is 67.7197, and 1 million dollars equal to 67,855,300 INR for buying, where the rate is 67.8553.

1 million Dollars in Rupees is 67,651,900 Rupees with rate 67.6519 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 67,923,100 Rupees with rate 67.9231. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 67.6180, you receive 67,618,000 INR, while you need to pay 67,957,000 Rupees to buy 1 million USD at 67.9570. If your commission fee is 0.5% then 1 million USD equal to 67,448,600 INR for selling, where the exchange rate is 67.4486, and 1 million dollars equal to 68,126,400 INR for buying, where the rate is 68.1264.

1 million Dollars in Rupees is 67,109,600 Rupees with rate 67.1096 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 68,465,400 Rupees with rate 68.4654. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 66.7707, you receive 66,770,700 INR, while you need to pay 68,804,300 Rupees to buy 1 million USD at 68.8043. If your commission fee is 2% then 1 million USD equal to 66,431,800 INR for selling, where the exchange rate is 66.4318, and 1 million dollars equal to 69,143,300 INR for buying, where the rate is 69.1433.

1 million Dollars in Rupees is 66,092,800 Rupees with rate 66.0928 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 69,482,200 Rupees with rate 69.4822. In case you sell 1 million dollars at commission 3%, meaning exchange rate 65.7539, you receive 65,753,900 INR, while you need to pay 69,821,100 Rupees to buy 1 million USD at 69.8211. If your commission fee is 3.5% then 1 million USD equal to 65,414,900 INR for selling, where the exchange rate is 65.4149, and 1 million dollars equal to 70,160,100 INR for buying, where the rate is 70.1601.

1 million Dollars in Rupees is 65,076,000 Rupees with rate 65.0760 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 70,499,000 Rupees with rate 70.4990. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 64.7371, you receive 64,737,100 INR, while you need to pay 70,837,900 Rupees to buy 1 million USD at 70.8379. If your commission fee is 5% then 1 million USD equal to 64,398,100 INR for selling, where the exchange rate is 64.3981, and 1 million dollars equal to 71,176,900 INR for buying, where the rate is 71.1769.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 67.7197 67.8553
0.2 67.6519 67.9231
0.25 67.6180 67.9570
0.5 67.4486 68.1264
1 67.1096 68.4654
1.5 66.7707 68.8043
2 66.4318 69.1433
2.5 66.0928 69.4822
3 65.7539 69.8211
3.5 65.4149 70.1601
4 65.0760 70.4990
4.5 64.7371 70.8379
5 64.3981 71.1769

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 67,719,700 67,855,300
0.2 67,651,900 67,923,100
0.25 67,618,000 67,957,000
0.5 67,448,600 68,126,400
1 67,109,600 68,465,400
1.5 66,770,700 68,804,300
2 66,431,800 69,143,300
2.5 66,092,800 69,482,200
3 65,753,900 69,821,100
3.5 65,414,900 70,160,100
4 65,076,000 70,499,000
4.5 64,737,100 70,837,900
5 64,398,100 71,176,900

Updated:

Yesterday, 1 million Dollars was equal to 67,940,000 Rupees, the change was -0.22%.

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