← Country data: all countries
Beta We are still checking the numbers. Found something wrong?

India

INR Indian Rupee · own · 2026-10-11 – 2026-11-10 (UTC)

Value lost in 30 days vs USD, street rate
2.0%
Street rate 99.753 on 2026-10-11 → 101.751 on 2026-11-10 per 1 USD.
Share of value lost against USD: 1 − rate(start) / rate(end); below zero, the currency gained.
Street rate gap, 2026-11-10
+8.4%
Street 101.751 / official 93.8579 (Issuer) − 1.
Official counts only when the state itself declares it: the issuer's table or the legal parity.

Note Crypto is taxed in India: 1% is withheld on transfers (section 194S) and gains are taxed at 30% (section 115BBH of the Income Tax Act), so USDT costs more in rupees. Part of the street rate gap is this tax, not the currency. Source.

Official, per 1 USD Street rate, per 1 USD
Street rate gap, %
Data table
DateOfficialStreet rateGap
2026-10-1196,614999,753001+3.2%
2026-10-1295,748599,765712+4.2%
2026-10-1395,247799,929634+4.9%
2026-10-1495,0317100,113817+5.3%
2026-10-1595,0691100,527683+5.7%
2026-10-1695,0194100,588787+5.9%
2026-10-1795,0194100,510718+5.8%
2026-10-1895,0194100,845301+6.1%
2026-10-1994,7691101,168747+6.8%
2026-10-2094,7691101,059124+6.6%
2026-10-2194,7145100,848729+6.5%
2026-10-2294,6986100,722345+6.4%
2026-10-2394,9432100,7637+6.1%
2026-10-2494,9432100,806256+6.2%
2026-10-2594,9432100,750927+6.1%
2026-10-2695,1549101,140047+6.3%
2026-10-2795,1623101,367304+6.5%
2026-10-2895,2278101,263534+6.3%
2026-10-2995,3688101,364504+6.3%
2026-10-3095,2492101,561142+6.6%
2026-10-3195,2492101,350203+6.4%
2026-11-0195,2492101,209259+6.3%
2026-11-0294,8755100,941251+6.4%
2026-11-0394,8606101,122223+6.6%
2026-11-0494,8416100,875817+6.4%
2026-11-0594,3996100,510131+6.5%
2026-11-0694,1402100,72248+7.0%
2026-11-0794,1402100,303298+6.5%
2026-11-0894,140299,984333+6.2%
2026-11-0993,8579101,706706+8.4%
2026-11-1093,8579101,750597+8.4%

Sources for 2026-11-10

RateSourceWhatValueProof
OfficialReserve Bank of India: Reference rate (USD)INR per 1 USD, reference rate (FBIL), 2026-11-09 (rate)93.8579publication · document
Street rateBinance P2PP2P snapshot, window 2026-11-10 00:00 UTC
median ask 103.99 (10 ads), median bid 103.005 (10 ads)
103.498SHA-256 913471cca5b0…
raw response kept private during beta
Street rateBinance P2PP2P snapshot, window 2026-11-10 08:00 UTC
median ask 102.88 (10 ads), median bid 103.005 (10 ads)
102.942SHA-256 871a056df83a…
raw response kept private during beta
Street rateBinance P2PP2P snapshot, window 2026-11-10 16:00 UTC
median ask 102.695 (10 ads), median bid 103.005 (10 ads)
102.85SHA-256 1d49752407df…
raw response kept private during beta
Street rateYadiohist/365/INR, 2026-11-10
as published
100.559SHA-256 ce76b0b2d06e…
raw response kept private during beta

Day fact version 4, computed 2026-11-11 10:23 UTC. Street rate: median of platforms, each the median of its values for the day; USDT taken as 1 USD. Official: rate = obs_value # rbi-ref

Feedback

About the answer