1 Dollar to INR in 2009
In 2009, the exchange rate between the US dollar (USD) and the Indian rupee (INR) was quite different from what it is today. Let's take a journey back in time and explore the exchange rate of 1 USD to INR in 2009.
Historical Exchange Rate
In 2009, the average annual exchange rate of 1 USD to INR was around 46.71. This means that if you were to exchange 1 US dollar, you would have received approximately 46.71 Indian rupees.
Monthly Exchange Rate
Let's break down the exchange rate for each month of 2009:
January 2009
- 1 USD = 48.45 INR
February 2009
- 1 USD = 47.56 INR
March 2009
- 1 USD = 46.92 INR
April 2009
- 1 USD = 46.34 INR
May 2009
- 1 USD = 46.23 INR
June 2009
- 1 USD = 46.15 INR
July 2009
- 1 USD = 46.33 INR
August 2009
- 1 USD = 46.59 INR
September 2009
- 1 USD = 46.85 INR
October 2009
- 1 USD = 47.14 INR
November 2009
- 1 USD = 47.45 INR
December 2009
- 1 USD = 47.73 INR
Economic Impact
The exchange rate of 1 USD to INR in 2009 had a significant impact on the Indian economy. A stronger rupee made imports cheaper, which helped reduce inflation and increase consumer spending. On the other hand, a stronger rupee made exports more expensive, which affected India's export-oriented industries.
Conclusion
In conclusion, the exchange rate of 1 USD to INR in 2009 was around 46.71. This rate had a significant impact on the Indian economy, affecting imports, exports, and consumer spending. Understanding the historical exchange rate can help us appreciate the complexities of the global economy and make informed decisions.