US dollar (American dollar, USA dollar, USD) · updated 3:57 PM IST, 12 Oct 2026
Dollar rate today
Today's USD rate in India, live from the Matrix Forex desk: the dollar price for notes, on a forex card and by transfer, and what we pay when you sell dollars back.
USD rate today: how the dollar moved
The dollar against the rupee, day by day: the market's daily reference (European Central Bank), as a change in per cent. Our rates follow the market through the day.
- Mon5 Oct▼-0.02%
- Tue6 Oct▲+0.12%
- Wed7 Oct▲+0.32%
- Thu8 Oct▲+0.05%
- Fri9 Oct▼-0.05%
Ten years of history and the outlook are on the USD to INR converter.
One dollar, four prices
How you take a dollar decides what it costs. Each pillar stands as tall as its price on the same rupee scale.
Notes we buy are checked, stored and shipped back.
A bank transfer: nothing physical moves.
Loaded electronically, reloadable from abroad.
Notes are imported, insured, stored and delivered.
less per dollar with a forex card than in cash today. On $2,000 that is ₹1,600.
Get a forex cardDollar price today: what your dollars cost
The same amount, three ways. Cash stops at the per-trip limit; a card or a transfer covers the rest.
Cash limit. Up to the USD 3,000 equivalent as currency notes per trip; the rest goes on a forex card, within the USD 250,000 annual LRS limit.
TCS. Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.
Matrix ForexRupees, rounded · 3:57 PM IST, 12 Oct 2026
| You need | Cash | Forex card | Card saves | Send abroad |
|---|---|---|---|---|
| $100 | ₹9,673 | ₹9,593 | ₹80 | ₹9,580 |
| $500 | ₹48,365 | ₹47,965 | ₹400 | ₹47,900 |
| $1,000 | ₹96,730 | ₹95,930 | ₹800 | ₹95,800 |
| $2,000 | ₹1,93,460 | ₹1,91,860 | ₹1,600 | ₹1,91,600 |
| $3,000 | ₹2,90,190 | ₹2,87,790 | ₹2,400 | ₹2,87,400 |
| $5,000 | Above the cash limit | ₹4,79,650 | · | ₹4,79,000 |
| $10,000 | Above the cash limit | ₹9,59,300 | · | ₹9,58,000 |
Send abroad shown before your bank's charges. Your exact quote comes on the callback.
Buy dollars in your city
Book here or on WhatsApp. We have eight branches and deliver to eight more cities.
Dollar rate questions
The rate questions people search for, answered with today's numbers.
Still deciding? Ask the deskA person replies on WhatsApp01Today's rate
What is the dollar rate today?
At 3:57 PM IST on 12 Oct 2026, Matrix Forex sells US dollar notes at ₹96.73 and buys them back at ₹94.97. On a forex card it is ₹95.93, and money sent abroad goes at ₹95.80. Rates move with the market through the day.
What is today's dollar buying and selling rate?
You buy dollars at ₹96.73 and sell them back at ₹94.97. The gap pays for handling real notes both ways: importing, insuring, storing and delivering them, then checking and shipping them back.
Does the dollar rate change during the day?
Yes. Our rates follow the market through the trading day. The rate on your quote is the one the desk gives you on the callback.
How much did the dollar move this week?
Up 0.43% between 2 Oct and 9 Oct on the European Central Bank's daily reference rate. The chart above shows the trend.
02Quick answers
What is the American dollar rate today?
The American dollar rate today is ₹96.73 for cash at Matrix Forex. On a forex card it is ₹95.93. We buy dollars back at ₹94.97. The American dollar and the USA dollar are other names for the US dollar (USD), so the American dollar rate in India and the USA dollar rate are this same price.
What is the US dollar rate in India today?
The US dollar rate today in India is ₹96.73 for cash, delivered to your door in our cities or collected at a branch. On a forex card it is ₹95.93. The rate is the same across India; only delivery times differ.
What is the dollar price today?
The dollar price today, or USD price today, is ₹96.73 for notes, delivered or collected, with GST and any TCS shown as separate lines on your quote, never inside the rate. On a forex card it is ₹95.93.
What is the dollar buying rate today?
It depends on which way you trade. To buy dollars from us you pay ₹96.73 for cash today and ₹95.93 on a forex card; when you sell dollars back, we pay ₹94.97. Both move with the market through the day.
Aaj ka dollar ka rate kya hai?
Today's dollar rate at Matrix Forex is ₹96.73 for cash, ₹95.93 on a forex card, and we buy dollars back at ₹94.97. The rate moves with the market through the day.
03Cash, card or transfer
Is a forex card cheaper than cash?
Today, yes: ₹95.93 on a card against ₹96.73 in notes. On $2,000 that is ₹1,600 less. Most travellers take a little cash and load the rest on a card.
What rate do I get when I send dollars abroad?
A transfer goes at ₹95.80 today, before your bank's charges. It is for fees, family support or investment under the RBI's Liberalised Remittance Scheme. Send money abroad.
Can I sell my leftover dollars?
Yes. We buy US dollar notes back at ₹94.97 today. Get a buy-back quote.
04Rules
What rules apply when I buy dollars?
Up to the USD 3,000 equivalent as currency notes per trip; the rest goes on a forex card, within the USD 250,000 annual LRS limit. You need your passport, ticket, visa where required, and PAN: see the document checklist.
Is tax charged when I buy dollars?
Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.