Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for India
CCUSMA02INM618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.94
Year-over-Year Change
2.94%
Date Range
1/1/1957 - 6/1/2025
Summary
This economic trend measures the average daily exchange rate between the US dollar and the Indian rupee. It is a key indicator for analysts and policymakers tracking international trade and currency movements.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The US Dollar Exchange Rate for India represents the value of the US dollar relative to the Indian rupee, based on the average of daily market exchange rates. This data series is used to analyze the competitiveness of US exports, the purchasing power of US consumers in India, and broader currency market dynamics.
Methodology
The data is collected and reported by the US Federal Reserve based on daily market exchange rates.
Historical Context
The exchange rate is closely monitored by economists, traders, and policymakers to understand international trade flows and the relative strength of currencies.
Key Facts
- The US dollar has appreciated over 50% against the Indian rupee since 2014.
- India is one of the top trading partners for the United States.
- Exchange rates impact the competitiveness of US exports and the purchasing power of US consumers in India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average daily exchange rate between the US dollar and the Indian rupee, which is a key indicator of the relative values of the two currencies.
Q: Why is this trend relevant for users or analysts?
A: The US Dollar Exchange Rate for India is closely watched by economists, traders, and policymakers to understand international trade dynamics and the relative strength of currencies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the US Federal Reserve based on daily market exchange rates.
Q: How is this trend used in economic policy?
A: The exchange rate is used to analyze the competitiveness of US exports, the purchasing power of US consumers in India, and broader currency market trends that can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported daily with no significant update delays, providing timely information on currency market movements.
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Citation
U.S. Federal Reserve, Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for India (CCUSMA02INM618N), retrieved from FRED.