EUR to INR Exchange Rate Today
Euro to Indian Rupee conversion for Indian students and professionals in Europe. Our EUR/INR calculator provides 30-minute rate updates for remittances from Germany, France, Netherlands, Italy, Spain to families across India.
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Sending 1,000.00 EUR → INR
Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is today's Euro to Indian Rupee rate?
The EUR to INR exchange rate typically ranges between ₹87-92 per 1 EUR. The rate depends on European Central Bank (ECB) monetary policy, Eurozone economic data, and India's RBI decisions. With over 1.5 million Indian students and workers across Germany, France, Netherlands, and other EU countries, EUR to INR is a major remittance corridor. Check our live converter for today's exact rate from OpenExchangeRates.
Which is the cheapest way to send money from Europe to India?
Indian residents in Germany, France, Netherlands, and across the EU have excellent options: Wise (TransferWise) offers the best EUR to INR rates (0.5-1% margin), Remitly and WorldRemit provide competitive rates with fast transfers, SEPA bank transfers through ICICI Bank Europe or SBI branches offer convenience for larger amounts, and Revolut gives real-time exchange rates with low fees. Compare total costs—Wise and Revolut typically beat traditional banks by 1-2%.
Why does EUR to INR rate fluctuate?
EUR/INR movements reflect: ECB monetary policy (interest rate decisions), Eurozone economic data (GDP, inflation, unemployment), India's RBI policy and inflation targets, global risk sentiment (Euro is a safe-haven during stability), and trade balance between EU and India. When the Euro strengthens or Rupee weakens, you get more rupees per euro. Major events like ECB meetings, Eurozone crises, or Indian election outcomes can cause significant swings.
Do European banks give fair EUR to INR exchange rates?
European banks (Deutsche Bank, BNP Paribas, ING) typically charge 2-3% margins on EUR to INR conversions plus €15-30 transfer fees. Online platforms offer much better value: Wise charges 0.5-1% with transparent fees, Revolut offers near-interbank rates for premium users, and Remitly provides competitive rates with fast delivery. For regular remittances, online platforms save hundreds of euros annually compared to traditional banks.
Best time to send Euros to India?
Monitor ECB policy meetings (interest rate decisions), RBI announcements, Eurozone economic reports (PMI, GDP, inflation), and India's inflation/trade data. When the Rupee weakens or Euro strengthens, you receive more rupees per euro. Watch: ECB President speeches, EU political events, US Fed decisions (affect EUR/USD, which impacts EUR/INR), and oil prices. For tuition fees or monthly support, consistent transfers average out volatility. For large transfers, timing INR weakness maximizes rupee value.