1 USD to INR from 1947 to Today: Dollar to Rupee History

Summary The USD to INR exchange rate has evolved significantly since independence, reflecting India’s economic changes and global events. Contrary to popular belief, 1 USD was not equal to 1 INR in 1947; it was roughly ₹3.30 per dollar. Major events like the 1966 devaluation and the 1991 economic reforms played a key role in shaping the rupee’s value.