Frequently Asked Questions
Are the exchange rates live?+
We use approximate fixed reference rates. For live rates used in actual transactions, check your bank, RBI website, or apps like Google Finance or XE.com.
What is the current USD to INR rate?+
The USD to INR rate fluctuates daily. Our calculator uses approximate rates. For current live rates check the RBI website or your bank app.
What is the best way to exchange currency in India?+
Banks and RBI-authorised forex dealers offer the best rates. Avoid airport exchange counters which typically have poor rates and high fees.
What is forex?+
Forex (foreign exchange) is the global market for buying and selling currencies. Exchange rates change constantly based on economic factors, geopolitics, and market demand.
What is TT rate and TCS on forex?+
TT (Telegraphic Transfer) rate is the rate banks use for wire transfers. TCS (Tax Collected at Source) of 20% applies on forex purchases above Rs 7 lakh under LRS.