Indian Rupee Rate Forecast

Market Commentary 10030
April, 2012 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 54.79 Indian Rupees to the USD. The table shows a
HDTFA of 3.91 which suggests that the May, 2013 currency exchange rate
could easily fall between 58.70 and 50.88 INR/USD. Links to Forecasts for
fourteen other currencies may be found on the left side 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)        48.46
Average (Last 10 Years)          45.55
High (Last 12 Months)             52.38   (December, 2011)
Low (Last 12 Months)              44.40   (July, 2011)
High (Since January, 1973)      52.38   (December, 2011)
Low (Since January, 1973)       7.27   (June, 1973)

The Indian Rupee exchange rate for April, 2012 averaged 51.69 INR to USD.
That's 132.7 basis points higher than the March, 2012 rate of 50.36, and 739
basis points higher than the April, 2011 rate of 44.30. The rise in the INR/USD
exchange rate from March to April provides evidence that the short term trend
in INR/USD is up. In other words, a strengthening 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 May, 2012 that is close to 53.02.

The average Indian Rupee conversion rate over the last 12 months was 48.46.
The average rate over the last 10 years was 45.55. 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 52.38. The
lowest was 44.40. The market high was attained in December, 2011. The
market low was achieved in July, 2011.

Forecast-Chart.com's historical research covers Indian Rupee data back to
January, 1973. The average exchange value during that period of history was
26.88 INR/USD. The highest rate was 52.38. The lowest was 7.27. The market
high was attained in December, of 2011. The market low was achieved in June
of 1973. Recent rates experienced in April of 2012 are high relative to the
historical 26.88 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.

In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the Market Trend Research
link in the uppermost left corner of any page in this site. The table of contents
for Market Trend Research will open. In the table of contents, click the link
titled: Strength of the U.S. Dollar.

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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...

Indian Rupee to US Dollar (INR to USD) - 5 Year History