I am curious about the currency exchange rate in 2023. I want to know the value of the exchange rate during that year.
5
answers
CharmedEcho
Sun Jan 26 2025
The following tables present the conversion rates for USD/INR and INR/USD for different amounts as of March 31, 2021.
PearlWhisper
Sun Jan 26 2025
The exchange rates are crucial for understanding the financial transactions between the United States and India. They indicate how much one currency is worth in terms of the other.
SumoHonor
Sat Jan 25 2025
In 2023, the highest exchange rate observed from US Dollars to Indian Rupees was a significant benchmark. On that particular day, 1 USD was equivalent to 83.442 INR.
HanbokElegance
Sat Jan 25 2025
This high exchange rate had implications for various sectors, including tourism, trade, and remittances. It made Indian goods and services relatively cheaper for American consumers.
CherryBlossomFalling
Sat Jan 25 2025
Conversely, the lowest exchange rate from US Dollars to Indian Rupees in 2023 is also of interest. While the specific rate isn't detailed here, it represents the point at which the Indian Rupee was weakest against the US Dollar.