Log In Register
Home
Indian Markets
NSE Trading F&O Trading Commodity Trading Indices Trading
Global Markets
Forex Trading US Stocks Crypto Trading
Platform & Access
Demo Account Trading App Market Hours
Tools & Trust
Calculators Is Trade246 Safe? Market Analysis
Blog
About Us Contact Us
Log In Register
Login Sign Up

What is a USD/INR Currency Pair?

Learn more about important trading and financial terms here. Need more help? Our team is ready.

USD/INR is a currency pair that represents the exchange rate between the U.S. dollar (USD) and the Indian rupee (INR). In this pair, USD is the base currency, and INR is the quote currency.

For example, suppose the USD/INR exchange rate is ₹83.00. It indicates that 1 U.S. dollar is worth ₹83. 

  • Now, if USD/INR rises from ₹83 to ₹84, this is interpreted as a weakening of the rupee against the U.S. dollar.  
  • In contrast, if USD/INR falls from ₹83 to ₹82, the rupee has strengthened against the U.S. dollar.

Trade Like a Pro from Day One!

Trade246 is a leading multi-asset trading platform. Our registered users get access to advanced TradingView charts, 100+ technical indicators, and professional drawing tools. Access multiple assets (Forex, NSE, Crypto, US Stocks, and more) at “zero” brokerage. 

Register for your free demo account and familiarise yourself with both the markets and our intuitive platform. Explore the platform today.

Want to Start Trading?

Open a free Trade246 account and get access to NSE, F&O, Forex, Commodities, Crypto, US Stocks & Indices — all from a single platform.

Open Free Account Log In to Trade
← Previous What is a Stop Loss in Trading? Next → What is an IPO?

Related Terms

What are Major Currency Pairs?

Major currency pairs are the most “actively traded” forex pairs. Primarily, they include the U.S. dollar (USD) and one of…

Read More

What is NIFTY 50?

NIFTY 50 is a stock market index of the National Stock Exchange of India (NSE). It tracks the performance of…

Read More

What is an Options Contract?

An options contract gives the buyer the right, but not the obligation, to buy or sell an underlying asset at…

Read More

What is the Options Expiry Date in NSE India?

The options expiry date is the date on which an options contract reaches the end of its validity. After expiry,…

Read More

Brokerage Calculator

Estimates only. Actual brokerage, taxes and fees depend on your account and prevailing charges.

Intraday Calculator

Estimates only. Actual charges vary by broker and market conditions.

Forex Profit Calculator

1 standard lot = 100,000 units. Estimates only; actual P&L may include swap and spread costs.

Pip Calculator

Pip value shown in USD (approx.). Actual value depends on live rates.

Margin Calculator

Estimates only. Actual margin requirements depend on your broker and instrument specifications.