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Market Commentary  27556
January, 2018 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 65.55 Indian Rupees to the USD. The table shows a
HDTFA of 4.68 which suggests that the February, 2019 currency exchange rate
could easily fall between 70.23 and 60.87 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)        64.72
Average (Last 10 Years)          55.53
High (Last 12 Months)             66.97   (February, 2017)
Low (Last 12 Months)              63.64   (January, 2018)
High (Since January, 1973)      68.24   (February, 2016)
Low (Since January, 1973)       7.27   (June, 1973)

The Indian Rupee exchange rate for January, 2018 averaged 63.64 INR to
USD. That's 60.5 basis points lower than the December, 2017 rate of 64.24,
and 441 basis points lower than the January, 2017 rate of 68.05.  The minor
movement in the INR/USD exchange rate from December to January provides
evidence that the short term trend in INR/USD is relatively flat. If that trend
continues in the currency market, we should see an average daily rate in
February, 2018 that is close to 63.04.

The average Indian Rupee conversion rate over the last 12 months was 64.72.
The average rate over the last 10 years was 55.53.  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 66.97. The
lowest was 63.64. The market high was attained in February, 2017. The market
low was achieved in January, 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
31.39 INR/USD. The highest rate was 68.24. The lowest was 7.27.  The market
high was attained in February, of 2016. The market low was achieved in June of
1973. Recent rates experienced in January of 2018 are high relative to the
historical 31.39 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 - 2018; All rights reserved.





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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
40.00
50.00
60.00
70.00
80.00
Indian Rupee Forecast
Recent Currency Exchange Rates
Historical Indian Rupee Rate (INR USD)
Year
INR/USD
Year
INR/USD
Year
INR/USD
Year
INR/USD
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
7.66
8.03
8.41
8.97
8.77
8.20
8.16
7.89
8.68
9.48
10.11
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
11.36
12.34
12.60
12.95
13.91
16.21
17.50
22.72
28.14
31.26
31.39
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
32.43
35.52
36.36
41.33
43.12
45.00
47.23
48.62
46.60
45.28
44.01
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
45.17
41.20
43.41
48.32
45.65
46.61
53.34
58.53
61.02
64.10
67.17
65.08
Average annual currency exchange rate for the Indian Rupee (Rupees per U.S. Dollar) is
shown in this table: 1973 to present.
Forecast & Current Analysis: Indian Rupee (INR)
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
1/2020
1/21
Indian Rupee Currency Exchange Rate Forecast
   
Target Month:
Forecast:
HDTFA:
February,2019
65.55
4.68
 
Forecast for the currency exchange rate of the Indian Rupee for the
target month indicated, shown in Rupees per US Dollars (INR/USD).   
See commentary below.