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Market Commentary 31518
June, 2019 Data:
The 12 month forecast for the Indian Rupee is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the Indian
Rupee will be roughly 71.01 Indian Rupees to the USD. The table shows a
HDTFA of 4.94 which suggests that the July, 2020 currency exchange rate
could easily fall between 75.95 and 66.07 INR/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.
All data and calculations on this page are based on the average daily rate per
calendar month for INR/USD.
HISTORICAL EXCHANGE RATE SUMMARY: INR/USD
Average (Last 12 Months) 70.20
Average (Last 10 Years) 58.83
High (Last 12 Months) 74.08 (October, 2018)
Low (Last 12 Months) 68.69 (July, 2018)
High (Since January, 1973) 74.08 (October, 2018)
Low (Since January, 1973) 7.27 (June, 1973)
The Indian Rupee exchange rate for June, 2019 averaged 68.94 INR to USD.
That's 88.1 basis points lower than the May, 2019 rate of 69.82, and 114 basis
points higher than the June, 2018 rate of 67.80. The fall in the INR/USD
exchange rate from May to June provides evidence that the short term trend in
INR/USD is down. In other words, a weakening of the US Dollar against the
Indian Rupee in the short term. If that trend continues in the currency market,
we should see an average daily rate in July, 2019 that is close to 68.06.
The average Indian Rupee conversion rate over the last 12 months was 70.20.
The average rate over the last 10 years was 58.83. A higher Indian Rupees to
US Dollars exchange rate over the last 12 months compared to the average
rates over the last 10 years serve as an indicator that the long term trend in
INR/USD is up (strengthening US Dollar against the Indian Rupee).
The highest currency rate for INR/USD over the last 12 months was 74.08. The
lowest was 68.69. The market high was attained in October, 2018. The market
low was achieved in July, 2018.
Forecast-Chart.com's historical research covers Indian Rupee data back to
January, 1973. The average exchange value during that period of history was
32.53 INR/USD. The highest rate was 74.08. The lowest was 7.27. The market
high was attained in October, of 2018. The market low was achieved in June of
1973. Recent rates experienced in June of 2019 are high relative to the
historical 32.53 average.
This page provides a five year chart and a forecast for the Indian Rupee. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Indian Rupee. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Indian Rupee. Rate data is
presented on an annual basis.
Data Source: Board of Governors of the Federal Reserve System (US), India /
U.S. Foreign Exchange Rate [EXINUS], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/EXINUS
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
June, 2019 Data:
The 12 month forecast for the Indian Rupee is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the Indian
Rupee will be roughly 71.01 Indian Rupees to the USD. The table shows a
HDTFA of 4.94 which suggests that the July, 2020 currency exchange rate
could easily fall between 75.95 and 66.07 INR/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.
All data and calculations on this page are based on the average daily rate per
calendar month for INR/USD.
HISTORICAL EXCHANGE RATE SUMMARY: INR/USD
Average (Last 12 Months) 70.20
Average (Last 10 Years) 58.83
High (Last 12 Months) 74.08 (October, 2018)
Low (Last 12 Months) 68.69 (July, 2018)
High (Since January, 1973) 74.08 (October, 2018)
Low (Since January, 1973) 7.27 (June, 1973)
The Indian Rupee exchange rate for June, 2019 averaged 68.94 INR to USD.
That's 88.1 basis points lower than the May, 2019 rate of 69.82, and 114 basis
points higher than the June, 2018 rate of 67.80. The fall in the INR/USD
exchange rate from May to June provides evidence that the short term trend in
INR/USD is down. In other words, a weakening of the US Dollar against the
Indian Rupee in the short term. If that trend continues in the currency market,
we should see an average daily rate in July, 2019 that is close to 68.06.
The average Indian Rupee conversion rate over the last 12 months was 70.20.
The average rate over the last 10 years was 58.83. A higher Indian Rupees to
US Dollars exchange rate over the last 12 months compared to the average
rates over the last 10 years serve as an indicator that the long term trend in
INR/USD is up (strengthening US Dollar against the Indian Rupee).
The highest currency rate for INR/USD over the last 12 months was 74.08. The
lowest was 68.69. The market high was attained in October, 2018. The market
low was achieved in July, 2018.
Forecast-Chart.com's historical research covers Indian Rupee data back to
January, 1973. The average exchange value during that period of history was
32.53 INR/USD. The highest rate was 74.08. The lowest was 7.27. The market
high was attained in October, of 2018. The market low was achieved in June of
1973. Recent rates experienced in June of 2019 are high relative to the
historical 32.53 average.
This page provides a five year chart and a forecast for the Indian Rupee. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Indian Rupee. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Indian Rupee. Rate data is
presented on an annual basis.
Data Source: Board of Governors of the Federal Reserve System (US), India /
U.S. Foreign Exchange Rate [EXINUS], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/EXINUS
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
Indian Rupees per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...
| Indian Rupee to US Dollar (INR to USD) - 5 Year History |
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Forecast & Current Analysis: Indian Rupee (INR)
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