moneydoot

Currency Converter

Convert world currencies to rupees.

How this tool will work

At launch, convert 150+ currencies to INR with live rates and see the bank-rate vs mid-market difference. Until then, the explainer below covers what matters.

Mid-market vs what you get

The 'real' rate sits halfway between buy and sell prices. Every provider — banks, forex cards, UPI international — adds a margin on top. A 2% margin on ₹1 lakh costs you ₹2,000.

Watch the charges, not just the rate

A great rate with a flat ₹1,000 fee can lose to a slightly worse rate with zero fee on small amounts. Always compare the final rupees received.

LIVE DATA AT LAUNCH

Live exchange rates connect at launch — see how conversion works below.

How it works

Live exchange rates connect at launch — see how conversion works below.

Example

Example: at ₹83 per dollar, $1,000 = ₹83,000 at the mid-market rate — banks typically give you a little less.

FAQs

Why is the bank rate worse than Google's?

Google shows the mid-market rate. Banks and forex cards add a 1–3% markup plus GST on the markup. Always compare the final credited amount.

What is TCS on foreign remittance?

Transfers above the yearly threshold for most purposes attract 20% TCS (lower for education/medical with conditions). It is adjustable against your tax, not an extra tax.

Best way to pay abroad from India?

Zero-markup forex cards or specialist transfer services usually beat bank wire rates. Compare total cost including fees and GST.

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