0.1 USD in INR: Exchange Rate and Conversion
Introduction
The US dollar (USD) is one of the most widely traded currencies in the world, and the Indian rupee (INR) is the official currency of India. In this article, we will explore the exchange rate and conversion of 0.1 USD to INR.
Current Exchange Rate
As of [current date], the exchange rate between USD and INR is approximately:
1 USD = 74.83 INR
0.1 USD in INR
Using the current exchange rate, we can convert 0.1 USD to INR as follows:
0.1 USD × 74.83 INR/USD = 7.48 INR
So, 0.1 USD is equivalent to approximately 7.48 INR.
Historical Exchange Rate
The exchange rate between USD and INR has fluctuated over time. Here is a brief history of the exchange rate:
| Date | Exchange Rate (1 USD = ? INR) |
|---|---|
| 2020-01-01 | 71.23 INR |
| 2020-06-01 | 75.53 INR |
| 2020-12-01 | 73.45 INR |
| 2022-02-01 | 74.83 INR |
As you can see, the exchange rate has fluctuated significantly over the past few years.
Factors Affecting Exchange Rate
The exchange rate between USD and INR is influenced by various factors, including:
- Economic indicators: GDP growth rate, inflation rate, and interest rates
- Political events: Elections, trade policies, and geopolitical tensions
- Market sentiments: Investor confidence, risk appetite, and market volatility
Conclusion
In conclusion, 0.1 USD is equivalent to approximately 7.48 INR based on the current exchange rate. The exchange rate between USD and INR is subject to fluctuations due to various economic, political, and market factors. It is essential to stay informed about the latest exchange rates and economic trends when conducting international transactions.
Note: Exchange rates may vary depending on the provider, location, and time of transaction. This article is for informational purposes only and should not be considered as investment advice.
