Sbi Forex Rates (1)

Daily Forex Rates

What Is Foreign Exchange (Forex)?

Strange Exchange (forex or FX) is the trading of one currency for some other. For example, one can bandy the U.Southward. dollar for the INR.
A foreign exchange rate is the price of the domestic currency stated in terms of another currency. In other words, a foreign exchange rate compares one currency with another to evidence their relative values. Since standardized currencies around the globe float in value with demand, supply, and consumer confidence, their values modify relative to each over fourth dimension. For instance, ane U.s. dollar in 2011 was worth about .68 Euros. In 2014, one United states of america dollar is worth .75 Euros. This means the dollar has increased in value over this three-year span, but the Euro is still 25% more than valuable

The forex market place is the largest, virtually liquid marketplace in the globe, with trillions of dollars changing hands every day.1 At that place is no centralized location, rather the forex market is an electronic network of banks, brokers, institutions, and individual traders (more often than not trading through brokers or banks).

Explanation of Terms:

T.T. Buying -Charge per unit at which a Foreign Inward Remittance received past Telegraphic Transfer, Strange DD or Foreign Bank check is converted into Rupees. In respect of Foreign DDs & Cheques, interest/charges at the ruling rate will be deducted towards transit period/collection as per FEDAI guidelines.
T.C. Ownership – Charge per unit at which Foreign Currency Traveller's Cheques are bought from the customer.
Currency Buying – Rate at which Strange Currency Annotation is bought from the customer.
T.T. Selling – Rate applicable when a customer sends an outward remittance through Telegraphic Transfer or through Issuance of Demand Draft.
T.C. Selling – Rate applicable when a client buys Foreign Currency Traveller'due south Cheques from the Bank. The same will be bundled through TC issuers.
Currency Selling – Rate applicable when a customer buys Strange Currency notes from the Banking concern. This is withal, bailiwick to availability of currency notes at the Branch concerned.

Note: All Rates Displayed beneath are directly taking from corresponding websites of bank, For more exact details, Please contact Business Bank.

Charge per unit Across All Banks In India

State Banking company Of Republic of india

Latest Forex Rates In Republic of india

  1. Banks apply the mid-market charge per unit, also known equally the interbank rate, when exchanging currencies betwixt themselves.
  2. They add together hidden fees to the rate they give their customers. This is why you'll run into dissimilar commutation rates across providers – y'all're paying the divergence between the mid-market place rate and the rate quoted past your bank.
  3. Customers lose coin to these hidden fees when they make a transfer – ofttimes without even realising.

Latest Forex Rates Chake Here : Sbi

CURRENCY TT BUY TT SELL Bill Purchase BILL SELL TC BUY TC SELL CN BUY CN SELL PC BUY
UNITED STATES DOLLAR USD/INR 73.45 74.95 73.39 75.1 72.viii 75.3 72.5 75.iv 73.34
EURO EUR/INR 82.63 85.44 82.56 85.61 81.85 85.85 81.45 86.05 82.51
Peachy BRITAIN POUND GBP/INR 98.53 101.71 98.45 101.91 97.vi 102.2 97.1 102.45 98.38
JAPANESE YEN JPY/INR 63.95 66.12 63.9 66.25 63.35 66.45 threescore.9 68.6 63.85
SWISS FRANC CHF/INR 78.47 81.47 78.41 81.63 77.seven 81.9 74.vii 84.55 78.35
AUSTRALIAN DOLLAR AUD/INR 52.88 55.09 52.84 55.2 52.85 55.35 50.8 57.15 52.eight
NEW ZEALAND DOLLAR NZD/INR 51.23 53.four 51.19 53.51 0 0 48.75 55.4 51.15
CANADIAN DOLLAR CAD/INR 57.81 59.77 57.76 59.89 57.25 sixty.05 55.05 62 57.72
SINGAPORE DOLLAR SGD/INR 53.85 55.56 53.eight 55.67 0 0 51.25 57.65 53.77
HONG KONG DOLLAR HKD/INR 9.37 9.68 9.36 9.7 0 0 8.9 10.05 9.34
DANISH KRONER DKK/INR 11.12 11.49 eleven.11 11.51 0 0 10.half-dozen 11.95 11.1
NORWEGIAN KRONER NOK/INR 8.34 8.61 8.33 8.63 0 0 vii.95 8.95 eight.31
SWEDISH KRONA SEK/INR 8.24 8.51 8.23 eight.53 0 0 vii.85 viii.85 8.21
BAHRAINI DINAR BHD/INR 191 202.87 190.84 203.28 0 0 185.65 206.25 190.71
KUWAITI DINAR KWD/INR 237.77 253.eighteen 237.57 253.68 0 0 231.one 257.35 237.41
UAE DIRHAM AED/INR xix.half dozen 20.82 19.59 20.87 0 0 19.05 21.15 19.57
SAUDI ARABIAN RIYAL SAR/INR 19.2 20.39 19.18 xx.43 0 0 18.65 20.75 xix.17
SOUTH AFRICAN RAND ZAR/INR 4.65 4.94 four.65 4.95 0 0 four.45 5.05 four.63
CHINESE YUAN CNY/INR 0 0 11.46 eleven.82 0 0 0 0 0
OMANI RIYAL OMR/INR 186.91 198.81 186.75 199.21 0 0 181.65 202.1 0
QATARI RIAL QAR/INR nineteen.64 20.91 nineteen.63 20.96 0 0 nineteen.i 21.25 19.61
MALAYSIAN RINGGIT MYR/INR 0 0 0 0 0 0 16.five 18.eight 0
THAI BAHT THB/INR 0 0 0 0 0 0 214.ane 238.ix 0
PAKISTANI RUPEE PKR/INR 0 0 0 0 0 0 0.35 0.43 0
BANGLADESHI TAKA BDT/INR 0 0 0 0 0 0 0.72 0.87 0
TURKISH LIRA Attempt/INR 0 0 half dozen.62 7.06 0 0 0 0 0
KOREAN WON KRW/INR 0 0 6.1 vi.49 0 0 0 0 0
Carte RATES FOR TRANSACTIONS BETWEEN Rs. 10 LACS AND Rs. 20 LACS.(To be used as reference rates)
CURRENCY TT BUY TT SELL BILL Buy BILL SELL TC Buy TC SELL CN Purchase CN SELL PC BUY
United states of america DOLLAR USD/INR 73.8 74.65 73.74 74.8 73.1 75 72.8 75.1 73.69
EURO EUR/INR 83.03 85.fourteen 82.96 85.31 82.25 85.55 81.85 85.75 82.91
Groovy U.k. POUND GBP/INR 99.04 101.3 98.96 101.v 98.ane 101.eight 97.half dozen 102.05 98.89
JAPANESE YEN JPY/INR 64.26 65.89 64.21 66.02 63.65 66.2 61.2 68.35 64.16
SWISS FRANC CHF/INR 78.89 81.ane 78.82 81.26 78.15 81.5 75.15 84.fifteen 78.77
AUSTRALIAN DOLLAR AUD/INR 53.17 54.87 53.13 54.98 53.xv 55.fifteen 51.1 56.95 53.09
NEW ZEALAND DOLLAR NZD/INR 51.48 53.23 51.43 53.33 0 0 49 55.25 51.four
CANADIAN DOLLAR CAD/INR 58.eleven 59.53 58.06 59.65 57.55 59.85 55.35 61.8 58.02
SINGAPORE DOLLAR SGD/INR 54.11 55.36 54.06 55.47 0 0 51.v 57.45 54.03
HONG KONG DOLLAR HKD/INR 9.41 9.65 9.four nine.66 0 0 8.95 x nine.38
DANISH KRONER DKK/INR eleven.17 11.44 xi.16 11.46 0 0 10.vi 11.85 eleven.15
NORWEGIAN KRONER NOK/INR viii.38 8.58 8.37 viii.6 0 0 viii 8.9 eight.35
SWEDISH KRONA SEK/INR 8.28 8.48 eight.27 8.five 0 0 7.nine eight.eight eight.25
BAHRAINI DINAR BHD/INR 191.91 202.06 191.75 202.47 0 0 186.iv 205.4 191.62
KUWAITI DINAR KWD/INR 238.9 252.16 238.vii 252.67 0 0 232.05 256.35 238.54
UAE DIRHAM AED/INR 19.vii twenty.74 19.68 20.78 0 0 19.15 21.1 nineteen.67
SAUDI ARABIAN RIYAL SAR/INR xix.29 20.31 nineteen.27 20.35 0 0 18.75 20.65 19.26
SOUTH AFRICAN RAND ZAR/INR 4.67 4.93 4.67 4.94 0 0 four.45 5 4.65
CHINESE YUAN CNY/INR 0 0 11.52 eleven.78 0 0 0 0 0
OMANI RIYAL OMR/INR 187.8 198.02 187.65 198.42 0 0 182.4 201.3 0
QATARI RIAL QAR/INR 19.74 20.83 19.72 xx.87 0 0 19.15 21.2 19.71
MALAYSIAN RINGGIT MYR/INR 0 0 0 0 0 0 16.six 18.vii 0
THAI BAHT THB/INR 0 0 0 0 0 0 215.2 238.fifteen 0
PAKISTANI RUPEE PKR/INR 0 0 0 0 0 0 0.35 0.42 0
BANGLADESHI TAKA BDT/INR 0 0 0 0 0 0 0.72 0.86 0
TURKISH LIRA Endeavor/INR 0 0 6.66 7.02 0 0 0 0 0
KOREAN WON KRW/INR 0 0 6.xiii half dozen.47 0 0 0 0 0