1 million dollars in rupees

1 million Dollars equal to 71,675,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 71,675,000 Rupees because the current market exchange rate is 71.675.

Updated: August 20, 2019 17:50 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 71,603,300 INR for selling, where the exchange rate is 71.6033, and 1 million dollars equal to 71,746,700 INR for buying, where the rate is 71.7467.

1 million Dollars in Rupees is 71,531,700 Rupees with rate 71.5317 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 71,818,400 Rupees with rate 71.8184. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 71.4958, you receive 71,495,800 INR, while you need to pay 71,854,200 Rupees to buy 1 million USD at 71.8542. If your commission fee is 0.5% then 1 million USD equal to 71,316,600 INR for selling, where the exchange rate is 71.3166, and 1 million dollars equal to 72,033,400 INR for buying, where the rate is 72.0334.

1 million Dollars in Rupees is 70,958,300 Rupees with rate 70.9583 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 72,391,800 Rupees with rate 72.3918. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 70.5999, you receive 70,599,900 INR, while you need to pay 72,750,100 Rupees to buy 1 million USD at 72.7501. If your commission fee is 2% then 1 million USD equal to 70,241,500 INR for selling, where the exchange rate is 70.2415, and 1 million dollars equal to 73,108,500 INR for buying, where the rate is 73.1085.

1 million Dollars in Rupees is 69,883,100 Rupees with rate 69.8831 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 73,466,900 Rupees with rate 73.4669. In case you sell 1 million dollars at commission 3%, meaning exchange rate 69.5248, you receive 69,524,800 INR, while you need to pay 73,825,300 Rupees to buy 1 million USD at 73.8253. If your commission fee is 3.5% then 1 million USD equal to 69,166,400 INR for selling, where the exchange rate is 69.1664, and 1 million dollars equal to 74,183,600 INR for buying, where the rate is 74.1836.

1 million Dollars in Rupees is 68,808,000 Rupees with rate 68.8080 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 74,542,000 Rupees with rate 74.5420. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 68.4496, you receive 68,449,600 INR, while you need to pay 74,900,400 Rupees to buy 1 million USD at 74.9004. If your commission fee is 5% then 1 million USD equal to 68,091,300 INR for selling, where the exchange rate is 68.0913, and 1 million dollars equal to 75,258,800 INR for buying, where the rate is 75.2588.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 71.6033 71.7467
0.2 71.5317 71.8184
0.25 71.4958 71.8542
0.5 71.3166 72.0334
1 70.9583 72.3918
1.5 70.5999 72.7501
2 70.2415 73.1085
2.5 69.8831 73.4669
3 69.5248 73.8253
3.5 69.1664 74.1836
4 68.8080 74.5420
4.5 68.4496 74.9004
5 68.0913 75.2588

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 71,603,300 71,746,700
0.2 71,531,700 71,818,400
0.25 71,495,800 71,854,200
0.5 71,316,600 72,033,400
1 70,958,300 72,391,800
1.5 70,599,900 72,750,100
2 70,241,500 73,108,500
2.5 69,883,100 73,466,900
3 69,524,800 73,825,300
3.5 69,166,400 74,183,600
4 68,808,000 74,542,000
4.5 68,449,600 74,900,400
5 68,091,300 75,258,800

Updated:

Yesterday, 1 million Dollars was equal to 71,438,000 Rupees, the change was 0.33%.

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