Could you elaborate on the average exchange rate between the US Dollar (USD) and the Indian Rupee (INR) over a specific period? I'm particularly interested in understanding the trend and fluctuations in this rate, as it has significant implications for cross-border transactions and investments. Could you provide a detailed description of the average exchange rate, perhaps within the last year or quarter, and any notable variations or patterns you've observed? This information would be invaluable in my financial analysis and decision-making process.
7 answers
CherryBlossomFall
Wed Jul 17 2024
Over the specified period, the average exchange rate stood at 83.027 Indian Rupees for every US Dollar.
Isabella
Tue Jul 16 2024
On this specific date, the USD/INR rate peaked at 83.669 Indian Rupees per US Dollar.
benjamin_stokes_astronomer
Tue Jul 16 2024
This signifies a slight increase from the average rate, indicating a strengthening of the Indian Rupee against the US Dollar.
KpopStarletShineBrightness
Tue Jul 16 2024
The question arises regarding the peak value of the USD to INR exchange rate in the preceding year.
Riccardo
Tue Jul 16 2024
In particular, we seek to identify the highest point attained by the USD/INR rate.