1 million dollars in rupees

1 million Dollars equal to 70,944,000 Rupees at the moment.

It means that 1 million Dollars could be exchanged to 70,944,000 Rupees because the current market exchange rate is 70.944.

Updated: December 16, 2019 11:53 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 70,873,100 INR for selling, where the exchange rate is 70.8731, and 1 million dollars equal to 71,014,900 INR for buying, where the rate is 71.0149.

1 million Dollars in Rupees is 70,802,100 Rupees with rate 70.8021 for selling Dollars at commission fee of 0.2%, while for buying 1 million USD equal to 71,085,900 Rupees with rate 71.0859. In case you sell 1 million dollars at commission 0.25%, meaning exchange rate 70.7666, you receive 70,766,600 INR, while you need to pay 71,121,400 Rupees to buy 1 million USD at 71.1214. If your commission fee is 0.5% then 1 million USD equal to 70,589,300 INR for selling, where the exchange rate is 70.5893, and 1 million dollars equal to 71,298,700 INR for buying, where the rate is 71.2987.

1 million Dollars in Rupees is 70,234,600 Rupees with rate 70.2346 for selling Dollars at commission fee of 1%, while for buying 1 million USD equal to 71,653,400 Rupees with rate 71.6534. In case you sell 1 million dollars at commission 1.5%, meaning exchange rate 69.8798, you receive 69,879,800 INR, while you need to pay 72,008,200 Rupees to buy 1 million USD at 72.0082. If your commission fee is 2% then 1 million USD equal to 69,525,100 INR for selling, where the exchange rate is 69.5251, and 1 million dollars equal to 72,362,900 INR for buying, where the rate is 72.3629.

1 million Dollars in Rupees is 69,170,400 Rupees with rate 69.1704 for selling Dollars at commission fee of 2.5%, while for buying 1 million USD equal to 72,717,600 Rupees with rate 72.7176. In case you sell 1 million dollars at commission 3%, meaning exchange rate 68.8157, you receive 68,815,700 INR, while you need to pay 73,072,300 Rupees to buy 1 million USD at 73.0723. If your commission fee is 3.5% then 1 million USD equal to 68,461,000 INR for selling, where the exchange rate is 68.4610, and 1 million dollars equal to 73,427,000 INR for buying, where the rate is 73.4270.

1 million Dollars in Rupees is 68,106,200 Rupees with rate 68.1062 for selling Dollars at commission fee of 4%, while for buying 1 million USD equal to 73,781,800 Rupees with rate 73.7818. In case you sell 1 million dollars at commission 4.5%, meaning exchange rate 67.7515, you receive 67,751,500 INR, while you need to pay 74,136,500 Rupees to buy 1 million USD at 74.1365. If your commission fee is 5% then 1 million USD equal to 67,396,800 INR for selling, where the exchange rate is 67.3968, and 1 million dollars equal to 74,491,200 INR for buying, where the rate is 74.4912.

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

Commission Fee, %Rate if SellingRate if Buying
0.1 70.8731 71.0149
0.2 70.8021 71.0859
0.25 70.7666 71.1214
0.5 70.5893 71.2987
1 70.2346 71.6534
1.5 69.8798 72.0082
2 69.5251 72.3629
2.5 69.1704 72.7176
3 68.8157 73.0723
3.5 68.4610 73.4270
4 68.1062 73.7818
4.5 67.7515 74.1365
5 67.3968 74.4912

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

Commission Fee, %Rupees if SellingRupees if Buying
0.1 70,873,100 71,014,900
0.2 70,802,100 71,085,900
0.25 70,766,600 71,121,400
0.5 70,589,300 71,298,700
1 70,234,600 71,653,400
1.5 69,879,800 72,008,200
2 69,525,100 72,362,900
2.5 69,170,400 72,717,600
3 68,815,700 73,072,300
3.5 68,461,000 73,427,000
4 68,106,200 73,781,800
4.5 67,751,500 74,136,500
5 67,396,800 74,491,200

Updated:

Yesterday, 1 million Dollars was equal to 70,660,000 Rupees, the change was 0.40%.

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