1 million dollars in rupees

1 million Dollars equal to 70,919,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 70,919,000 Rupees because the current market exchange rate is 70.919.

Updated: October 22, 2019 02:04 India.

Million Converter

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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 70,848,100 INR for selling, where the exchange rate is 70.8481, and 1 million dollars equal to 70,989,900 INR for buying, where the rate is 70.9899.

1 million Dollars in Rupees is 70,777,200 Rupees with rate 70.7772 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 71,060,800 Rupees with rate 71.0608. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 70.7417, you receive 70,741,700 INR, while you need to pay 71,096,300 Rupees to buy 1 million USD at 71.0963. If your commission fee is 0.5% then 1 million USD equal to 70,564,400 INR for selling, where the exchange rate is 70.5644, and 1 million dollars equal to 71,273,600 INR for buying, where the rate is 71.2736.

1 million Dollars in Rupees is 70,209,800 Rupees with rate 70.2098 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 71,628,200 Rupees with rate 71.6282. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 69.8552, you receive 69,855,200 INR, while you need to pay 71,982,800 Rupees to buy 1 million USD at 71.9828. If your commission fee is 2% then 1 million USD equal to 69,500,600 INR for selling, where the exchange rate is 69.5006, and 1 million dollars equal to 72,337,400 INR for buying, where the rate is 72.3374.

1 million Dollars in Rupees is 69,146,000 Rupees with rate 69.1460 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 72,692,000 Rupees with rate 72.6920. In case you sell 1 million dollars at commission 3%, meaning exchange rate 68.7914, you receive 68,791,400 INR, while you need to pay 73,046,600 Rupees to buy 1 million USD at 73.0466. If your commission fee is 3.5% then 1 million USD equal to 68,436,800 INR for selling, where the exchange rate is 68.4368, and 1 million dollars equal to 73,401,200 INR for buying, where the rate is 73.4012.

1 million Dollars in Rupees is 68,082,200 Rupees with rate 68.0822 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 73,755,800 Rupees with rate 73.7558. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 67.7276, you receive 67,727,600 INR, while you need to pay 74,110,400 Rupees to buy 1 million USD at 74.1104. If your commission fee is 5% then 1 million USD equal to 67,373,100 INR for selling, where the exchange rate is 67.3731, and 1 million dollars equal to 74,465,000 INR for buying, where the rate is 74.4650.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 70.8481 70.9899
0.2 70.7772 71.0608
0.25 70.7417 71.0963
0.5 70.5644 71.2736
1 70.2098 71.6282
1.5 69.8552 71.9828
2 69.5006 72.3374
2.5 69.1460 72.6920
3 68.7914 73.0466
3.5 68.4368 73.4012
4 68.0822 73.7558
4.5 67.7276 74.1104
5 67.3731 74.4650

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 70,848,100 70,989,900
0.2 70,777,200 71,060,800
0.25 70,741,700 71,096,300
0.5 70,564,400 71,273,600
1 70,209,800 71,628,200
1.5 69,855,200 71,982,800
2 69,500,600 72,337,400
2.5 69,146,000 72,692,000
3 68,791,400 73,046,600
3.5 68,436,800 73,401,200
4 68,082,200 73,755,800
4.5 67,727,600 74,110,400
5 67,373,100 74,465,000

Updated:

Yesterday, 1 million Dollars was equal to 71,079,000 Rupees, the change was -0.23%.

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