What were the exchange rates between USD and INR during the period of 1947 to 2020?

7 answers

• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR have been subject to fluctuations from 1947 to 2020. The Indian rupee has experienced both appreciation and depreciation against the US dollar over the years. Factors such as inflation, interest rates, economic growth, and global market conditions play a significant role in determining the exchange rate. It's important to note that exchange rates are influenced by various factors and can be volatile. Traders and investors should keep an eye on economic indicators and market trends to make informed decisions regarding currency exchange.
  580290
• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR during the period of 1947 to 2020 have varied significantly. In the early years after India's independence in 1947, the exchange rate was fixed at 1 USD = 1 INR. However, due to various economic factors and global events, the exchange rate started to fluctuate. From the 1960s to the 1990s, the Indian rupee experienced a gradual depreciation against the US dollar. In recent years, the exchange rate has been influenced by factors such as inflation, interest rates, trade balances, and geopolitical events. It's important to note that exchange rates are determined by market forces and can be subject to volatility.
  655219
• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR from 1947 to 2020 have seen significant changes. The initial fixed rate of 1 USD = 1 INR was abandoned in 1971, and since then, the Indian rupee has experienced both appreciation and depreciation against the US dollar. The exchange rate is influenced by various factors, including inflation, interest rates, economic policies, and market demand. It's important to monitor these factors to understand the fluctuations in the exchange rate. Additionally, geopolitical events and global economic conditions can also impact the exchange rate between USD and INR.
  597150
• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR have been subject to fluctuations from 1947 to 2020. The Indian rupee has experienced both appreciation and depreciation against the US dollar over the years. Factors such as inflation, interest rates, economic growth, and global market conditions play a significant role in determining the exchange rate. It's important to note that exchange rates are influenced by various factors and can be volatile. Traders and investors should keep an eye on economic indicators and market trends to make informed decisions regarding currency exchange.
  580116
• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR during the period of 1947 to 2020 have varied significantly. In the early years after India's independence in 1947, the exchange rate was fixed at 1 USD = 1 INR. However, due to various economic factors and global events, the exchange rate started to fluctuate. From the 1960s to the 1990s, the Indian rupee experienced a gradual depreciation against the US dollar. In recent years, the exchange rate has been influenced by factors such as inflation, interest rates, trade balances, and geopolitical events. It's important to note that exchange rates are determined by market forces and can be subject to volatility.
  655110
• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR from 1947 to 2020 have seen significant changes. The initial fixed rate of 1 USD = 1 INR was abandoned in 1971, and since then, the Indian rupee has experienced both appreciation and depreciation against the US dollar. The exchange rate is influenced by various factors, including inflation, interest rates, economic policies, and market demand. It's important to monitor these factors to understand the fluctuations in the exchange rate. Additionally, geopolitical events and global economic conditions can also impact the exchange rate between USD and INR.
  59786
• Nov 23, 2021 · 3 years ago
  The exchange rates between USD and INR have been subject to fluctuations from 1947 to 2020. The Indian rupee has experienced both appreciation and depreciation against the US dollar over the years. Factors such as inflation, interest rates, economic growth, and global market conditions play a significant role in determining the exchange rate. It's important to note that exchange rates are influenced by various factors and can be volatile. Traders and investors should keep an eye on economic indicators and market trends to make informed decisions regarding currency exchange.
  58073