127 US Dollar in Indian Rupees
Current Exchange Rate and Conversion
The exchange rate between the US dollar (USD) and the Indian rupee (INR) is constantly fluctuating due to various economic and market factors. As of the current market rates, 127 US dollars are equivalent to:
₹9,453.15 (Indian rupees)
Please note that exchange rates can change rapidly and may vary depending on the current market conditions, so this rate is only an approximation.
History of USD/INR Exchange Rate
The USD/INR exchange rate has experienced significant fluctuations over the years. In the last decade, the rate has varied from a low of around ₹40 to a high of over ₹75 per US dollar.
| Year | USD/INR Exchange Rate |
|---|---|
| 2010 | ₹45.50 |
| 2015 | ₹64.30 |
| 2018 | ₹69.90 |
| 2020 | ₹74.50 |
| 2022 | ₹77.50 |
As seen from the table above, the USD/INR exchange rate has been increasing steadily over the years, with some fluctuations.
Factors Affecting USD/INR Exchange Rate
Several factors can influence the USD/INR exchange rate, including:
- Economic indicators: GDP growth rate, inflation rate, and interest rates can impact the exchange rate.
- Trade and commerce: Balance of trade, exports, and imports between the two countries can affect the exchange rate.
- Political stability: Political events, such as elections or changes in government policies, can influence the exchange rate.
- Market sentiment: Investor confidence and market expectations can also impact the exchange rate.
Conclusion
The exchange rate between the US dollar and the Indian rupee is an important indicator of the economic health and stability of both countries. Understanding the current exchange rate and the factors that affect it can help individuals and businesses make informed decisions about investments, trade, and commerce.
