1 million dollars in rupees

1 million Dollars equal to 71,909,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 71,909,000 Rupees because the current market exchange rate is 71.909.

Updated: December 15, 2018 00:34 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 71,837,100 INR for selling, where the exchange rate is 71.8371, and 1 million dollars equal to 71,980,900 INR for buying, where the rate is 71.9809.

1 million Dollars in Rupees is 71,765,200 Rupees with rate 71.7652 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 72,052,800 Rupees with rate 72.0528. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 71.7292, you receive 71,729,200 INR, while you need to pay 72,088,800 Rupees to buy 1 million USD at 72.0888. If your commission fee is 0.5% then 1 million USD equal to 71,549,500 INR for selling, where the exchange rate is 71.5495, and 1 million dollars equal to 72,268,500 INR for buying, where the rate is 72.2685.

1 million Dollars in Rupees is 71,189,900 Rupees with rate 71.1899 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 72,628,100 Rupees with rate 72.6281. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 70.8304, you receive 70,830,400 INR, while you need to pay 72,987,600 Rupees to buy 1 million USD at 72.9876. If your commission fee is 2% then 1 million USD equal to 70,470,800 INR for selling, where the exchange rate is 70.4708, and 1 million dollars equal to 73,347,200 INR for buying, where the rate is 73.3472.

1 million Dollars in Rupees is 70,111,300 Rupees with rate 70.1113 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 73,706,700 Rupees with rate 73.7067. In case you sell 1 million dollars at commission 3%, meaning exchange rate 69.7517, you receive 69,751,700 INR, while you need to pay 74,066,300 Rupees to buy 1 million USD at 74.0663. If your commission fee is 3.5% then 1 million USD equal to 69,392,200 INR for selling, where the exchange rate is 69.3922, and 1 million dollars equal to 74,425,800 INR for buying, where the rate is 74.4258.

1 million Dollars in Rupees is 69,032,600 Rupees with rate 69.0326 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 74,785,400 Rupees with rate 74.7854. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 68.6731, you receive 68,673,100 INR, while you need to pay 75,144,900 Rupees to buy 1 million USD at 75.1449. If your commission fee is 5% then 1 million USD equal to 68,313,600 INR for selling, where the exchange rate is 68.3136, and 1 million dollars equal to 75,504,500 INR for buying, where the rate is 75.5045.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 71.8371 71.9809
0.2 71.7652 72.0528
0.25 71.7292 72.0888
0.5 71.5495 72.2685
1 71.1899 72.6281
1.5 70.8304 72.9876
2 70.4708 73.3472
2.5 70.1113 73.7067
3 69.7517 74.0663
3.5 69.3922 74.4258
4 69.0326 74.7854
4.5 68.6731 75.1449
5 68.3136 75.5045

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 71,837,100 71,980,900
0.2 71,765,200 72,052,800
0.25 71,729,200 72,088,800
0.5 71,549,500 72,268,500
1 71,189,900 72,628,100
1.5 70,830,400 72,987,600
2 70,470,800 73,347,200
2.5 70,111,300 73,706,700
3 69,751,700 74,066,300
3.5 69,392,200 74,425,800
4 69,032,600 74,785,400
4.5 68,673,100 75,144,900
5 68,313,600 75,504,500

Updated:

Yesterday, 1 million Dollars was equal to 71,519,000 Rupees, the change was 0.55%.

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