1 million dollars in rupees

1 million Dollars equal to 71,319,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 71,319,000 Rupees because the current market exchange rate is 71.319.

Updated: February 16, 2019 06:30 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 71,247,700 INR for selling, where the exchange rate is 71.2477, and 1 million dollars equal to 71,390,300 INR for buying, where the rate is 71.3903.

1 million Dollars in Rupees is 71,176,400 Rupees with rate 71.1764 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 71,461,600 Rupees with rate 71.4616. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 71.1407, you receive 71,140,700 INR, while you need to pay 71,497,300 Rupees to buy 1 million USD at 71.4973. If your commission fee is 0.5% then 1 million USD equal to 70,962,400 INR for selling, where the exchange rate is 70.9624, and 1 million dollars equal to 71,675,600 INR for buying, where the rate is 71.6756.

1 million Dollars in Rupees is 70,605,800 Rupees with rate 70.6058 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 72,032,200 Rupees with rate 72.0322. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 70.2492, you receive 70,249,200 INR, while you need to pay 72,388,800 Rupees to buy 1 million USD at 72.3888. If your commission fee is 2% then 1 million USD equal to 69,892,600 INR for selling, where the exchange rate is 69.8926, and 1 million dollars equal to 72,745,400 INR for buying, where the rate is 72.7454.

1 million Dollars in Rupees is 69,536,000 Rupees with rate 69.5360 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 73,102,000 Rupees with rate 73.1020. In case you sell 1 million dollars at commission 3%, meaning exchange rate 69.1794, you receive 69,179,400 INR, while you need to pay 73,458,600 Rupees to buy 1 million USD at 73.4586. If your commission fee is 3.5% then 1 million USD equal to 68,822,800 INR for selling, where the exchange rate is 68.8228, and 1 million dollars equal to 73,815,200 INR for buying, where the rate is 73.8152.

1 million Dollars in Rupees is 68,466,200 Rupees with rate 68.4662 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 74,171,800 Rupees with rate 74.1718. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 68.1096, you receive 68,109,600 INR, while you need to pay 74,528,400 Rupees to buy 1 million USD at 74.5284. If your commission fee is 5% then 1 million USD equal to 67,753,100 INR for selling, where the exchange rate is 67.7531, and 1 million dollars equal to 74,885,000 INR for buying, where the rate is 74.8850.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 71.2477 71.3903
0.2 71.1764 71.4616
0.25 71.1407 71.4973
0.5 70.9624 71.6756
1 70.6058 72.0322
1.5 70.2492 72.3888
2 69.8926 72.7454
2.5 69.5360 73.1020
3 69.1794 73.4586
3.5 68.8228 73.8152
4 68.4662 74.1718
4.5 68.1096 74.5284
5 67.7531 74.8850

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 71,247,700 71,390,300
0.2 71,176,400 71,461,600
0.25 71,140,700 71,497,300
0.5 70,962,400 71,675,600
1 70,605,800 72,032,200
1.5 70,249,200 72,388,800
2 69,892,600 72,745,400
2.5 69,536,000 73,102,000
3 69,179,400 73,458,600
3.5 68,822,800 73,815,200
4 68,466,200 74,171,800
4.5 68,109,600 74,528,400
5 67,753,100 74,885,000

Updated:

Yesterday, 1 million Dollars was equal to 71,017,000 Rupees, the change was 0.43%.

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