1 million dollars in rupees

1 million Dollars equal to 71,205,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 71,205,000 Rupees because the current market exchange rate is 71.205.

Updated: January 23, 2019 06:54 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 71,133,800 INR for selling, where the exchange rate is 71.1338, and 1 million dollars equal to 71,276,200 INR for buying, where the rate is 71.2762.

1 million Dollars in Rupees is 71,062,600 Rupees with rate 71.0626 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 71,347,400 Rupees with rate 71.3474. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 71.0270, you receive 71,027,000 INR, while you need to pay 71,383,000 Rupees to buy 1 million USD at 71.3830. If your commission fee is 0.5% then 1 million USD equal to 70,849,000 INR for selling, where the exchange rate is 70.8490, and 1 million dollars equal to 71,561,000 INR for buying, where the rate is 71.5610.

1 million Dollars in Rupees is 70,493,000 Rupees with rate 70.4930 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 71,917,100 Rupees with rate 71.9171. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 70.1369, you receive 70,136,900 INR, while you need to pay 72,273,100 Rupees to buy 1 million USD at 72.2731. If your commission fee is 2% then 1 million USD equal to 69,780,900 INR for selling, where the exchange rate is 69.7809, and 1 million dollars equal to 72,629,100 INR for buying, where the rate is 72.6291.

1 million Dollars in Rupees is 69,424,900 Rupees with rate 69.4249 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 72,985,100 Rupees with rate 72.9851. In case you sell 1 million dollars at commission 3%, meaning exchange rate 69.0689, you receive 69,068,900 INR, while you need to pay 73,341,200 Rupees to buy 1 million USD at 73.3412. If your commission fee is 3.5% then 1 million USD equal to 68,712,800 INR for selling, where the exchange rate is 68.7128, and 1 million dollars equal to 73,697,200 INR for buying, where the rate is 73.6972.

1 million Dollars in Rupees is 68,356,800 Rupees with rate 68.3568 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 74,053,200 Rupees with rate 74.0532. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 68.0008, you receive 68,000,800 INR, while you need to pay 74,409,200 Rupees to buy 1 million USD at 74.4092. If your commission fee is 5% then 1 million USD equal to 67,644,800 INR for selling, where the exchange rate is 67.6448, and 1 million dollars equal to 74,765,300 INR for buying, where the rate is 74.7653.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 71.1338 71.2762
0.2 71.0626 71.3474
0.25 71.0270 71.3830
0.5 70.8490 71.5610
1 70.4930 71.9171
1.5 70.1369 72.2731
2 69.7809 72.6291
2.5 69.4249 72.9851
3 69.0689 73.3412
3.5 68.7128 73.6972
4 68.3568 74.0532
4.5 68.0008 74.4092
5 67.6448 74.7653

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 71,133,800 71,276,200
0.2 71,062,600 71,347,400
0.25 71,027,000 71,383,000
0.5 70,849,000 71,561,000
1 70,493,000 71,917,100
1.5 70,136,900 72,273,100
2 69,780,900 72,629,100
2.5 69,424,900 72,985,100
3 69,068,900 73,341,200
3.5 68,712,800 73,697,200
4 68,356,800 74,053,200
4.5 68,000,800 74,409,200
5 67,644,800 74,765,300

Updated:

Yesterday, 1 million Dollars was equal to 71,230,000 Rupees, the change was -0.04%.

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