Euro to Indian Rupee exchange rate history 1999 to 2026: trade and remittances
One Euro bought 45.930 INR in 1999 and 108.871 INR in 2026. Trade and remittances. The series covers 28 years of annual data.
- 2026 avg
- 108.87
- year to date
- Highest avg
- 108.87
- 2026
- Lowest avg
- 41.49
- 2000
- Traded range
- 38.62 to 112.51
- low 2000, high 2026
Source: Federal Reserve H.10 cross rate (DEXUSEU ÷ DEXINUS). Latest daily observation 2026-10-30.
Annual averages of daily observations.
EUR/INR since 1999
Euro to Indian Rupee averaged 45.930 INR in 1999 and 98.558 INR in 2025, 114.6% higher across 27 complete years.
The annual average has ranged from 41.490 in 2000 to 108.871 in 2026. On individual trading days the series reached 38.621 and 112.505, a ratio of 2.9 to 1.
What moves EUR/INR
EUR: The euro is the shared currency of the euro area. It was introduced for accounting in 1999 and as cash in 2002.
INR: The Indian rupee is a managed float. The Reserve Bank of India intervenes to limit volatility, and the currency is sensitive to oil imports.
For EUR/INR, the EUR leg responds to European Central Bank policy, euro area inflation, energy prices, while the INR leg responds to Reserve Bank of India intervention, oil imports, inflation. The exchange rate is the market's attempt to balance the two sets of forces.
Trade, remittances and EUR/INR
EUR/INR is a trade-weighted pair. The euro area is a major trade partner for India, and remittances from Europe add a second channel. That makes the exchange rate a transmission channel for demand, not just a financial price.
The European Central Bank and the Reserve Bank of India set policy, but trade flows, tourism, remittances and supply-chain links also matter. The rupee is a managed float, so the pair blends European policy with Reserve Bank of India intervention.
The series moved +114.6% from 1999 to 2025. The traded range was 38.621 to 112.505, so the pair has been anything but a fixed conversion.
The five largest EUR/INR moves
Ranked by absolute year-end change, the five largest moves were 2025 (+19.1%), 2013 (+17.9%), 2008 (+17.5%), 2002 (+17.1%), 2011 (+15.7%). The biggest was 2025, when the rate moved from 88.553 to 105.436, a change of 19.1%.
Across 27 complete years the pair rose in 16 and fell in 10. The average annual change was +3.8% with a standard deviation of 9.2 percentage points, which is one way to compare its volatility with other pairs.
EUR/INR by decade
Grouped by decade, the annual average was 45.930 in 1999 and 91.709 in 2020-2026. The widest decade-to-decade change was +36.0% between 2000-2009 and 2010-2019, when the average moved from 53.749 to 73.117.
The final bucket, 2020-2026, is a partial decade and includes the year-to-date 2026 average. The table below shows every bucket with its high and low, so the short-run moves and the long-run level can be read together.
How to read the EUR/INR data
This is a derived cross rate. Each day's EUR/INR is calculated from the two US dollar legs in Federal Reserve H.10 cross rate (DEXUSEU ÷ DEXINUS), joined on the same calendar date with up to seven days of holiday carry-forward. No figure on this page is estimated or interpolated.
EUR/INR annual average, 1999 to 2026
Annual average with the full trading range for each year. average high–low range
Source: Federal Reserve H.10 cross rate (DEXUSEU ÷ DEXINUS). Figures are annual averages of daily observations.
EUR to INR exchange rate by year
Every year since 1999: annual average, the year high and low, the year-end rate, and the change on the previous year.
| Year | Average | High | Low | Year end | Change |
|---|---|---|---|---|---|
| 1999 | 45.93 | 50.32 | 43.52 | 43.81 | n/a |
| 2000 | 41.49 | 45.01 | 38.62 | 43.89 | +0.2% |
| 2001 | 42.27 | 45.10 | 39.49 | 42.97 | -2.1% |
| 2002 | 45.96 | 50.33 | 41.62 | 50.33 | +17.1% |
| 2003 | 52.71 | 57.38 | 49.78 | 57.38 | +14.0% |
| 2004 | 56.28 | 59.72 | 51.93 | 58.58 | +2.1% |
| 2005 | 54.75 | 58.51 | 51.78 | 53.23 | -9.1% |
| 2006 | 56.78 | 59.92 | 52.47 | 58.21 | +9.4% |
| 2007 | 56.38 | 58.82 | 53.94 | 57.55 | -1.1% |
| 2008 | 63.60 | 68.67 | 57.15 | 67.62 | +17.5% |
| 2009 | 67.27 | 71.12 | 62.35 | 66.50 | -1.6% |
| 2010 | 60.51 | 66.72 | 55.97 | 59.45 | -10.6% |
| 2011 | 64.80 | 70.85 | 58.50 | 68.77 | +15.7% |
| 2012 | 68.58 | 72.67 | 63.76 | 72.34 | +5.2% |
| 2013 | 77.77 | 91.68 | 69.60 | 85.32 | +17.9% |
| 2014 | 81.08 | 86.30 | 75.99 | 76.28 | -10.6% |
| 2015 | 71.12 | 77.35 | 65.93 | 71.88 | -5.8% |
| 2016 | 74.35 | 77.76 | 70.46 | 71.67 | -0.3% |
| 2017 | 73.49 | 77.55 | 68.22 | 76.74 | +7.1% |
| 2018 | 80.70 | 85.69 | 75.90 | 79.71 | +3.9% |
| 2019 | 78.78 | 81.96 | 76.33 | 80.12 | +0.5% |
| 2020 | 84.59 | 90.54 | 77.23 | 89.29 | +11.4% |
| 2021 | 87.45 | 90.80 | 83.49 | 84.19 | -5.7% |
| 2022 | 82.67 | 88.49 | 78.50 | 88.49 | +5.1% |
| 2023 | 89.31 | 92.64 | 86.35 | 92.02 | +4.0% |
| 2024 | 90.51 | 93.78 | 87.81 | 88.55 | -3.8% |
| 2025 | 98.56 | 107.14 | 87.99 | 105.44 | +19.1% |
| 2026 YTD | 108.87 | 112.50 | 104.75 | 105.98 | +0.5% |
1999–2026 · 27 complete calendar years. Annual figures are averages of available daily observations. 2026 is year to date: the average is based on 209 published trading days through 2026-10-30.
Five largest EUR/INR moves
The largest absolute year-end changes in the published series, using complete calendar years only.
- 2025 +19.1% 88.55 to 105.44
Year-end rate moved from 88.55 to 105.44, a change of 19.1%.
- 2013 +17.9% 72.34 to 85.32
Year-end rate moved from 72.34 to 85.32, a change of 17.9%.
- 2008 +17.5% 57.55 to 67.62
Year-end rate moved from 57.55 to 67.62, a change of 17.5%.
- 2002 +17.1% 42.97 to 50.33
Year-end rate moved from 42.97 to 50.33, a change of 17.1%.
- 2011 +15.7% 59.45 to 68.77
Year-end rate moved from 59.45 to 68.77, a change of 15.7%.
EUR/INR by decade
Annual averages grouped into decade buckets. The first and last buckets may cover fewer than ten years.
| Period | Average | High | Low | vs previous |
|---|---|---|---|---|
| 1999 | 45.93 | 50.32 | 43.52 | n/a |
| 2000–2009 | 53.75 | 71.12 | 38.62 | +17.0% |
| 2010–2019 | 73.12 | 91.68 | 55.97 | +36.0% |
| 2020–2026 | 91.71 | 112.50 | 77.23 | +25.4% |
Average of the annual averages in each period. The first and last rows cover partial decades.
EUR/INR history: the years that moved the rate
Each event below is dated and tied to one of the currencies in this pair.
- 1999 1999-01-01
The euro is launched
Eleven European Union countries adopted the euro as an accounting currency, replacing the European Currency Unit at a ratio of one to one.
- 2008 2008-09-15
Lehman Brothers files for bankruptcy
The collapse of Lehman Brothers triggered a global financial crisis, a flight into the US dollar and extreme volatility across currency markets.
- 2013 2013-05-22
Federal Reserve taper signal hits emerging market currencies
Signals that the Federal Reserve would slow asset purchases pushed US yields higher and weakened several emerging market currencies, including the Indian rupee, Brazilian real and South African rand.
EUR/INR history: common questions
What was the EUR/INR rate in 1999?
One EUR averaged 45.930 INR in 1999, with a range of 43.520 to 50.319 and a year-end rate of 43.815.
What is the highest EUR/INR rate on record?
The highest annual average was 108.871 in 2026. The highest single observation was 112.505 in 2026.
What is the lowest EUR/INR rate on record?
The lowest annual average was 41.490 in 2000. The lowest single observation was 38.621 in 2000.
What was the biggest single-year move in EUR/INR?
2025 was the largest, at +19.1%. The year-end rate moved from 88.553 to 105.436.
How volatile has EUR/INR been?
Across 27 complete years the average annual change was +3.8% with a standard deviation of 9.2 percentage points. The largest drawdown was 16.0%, from 2013 to 2016.
What is the EUR/INR rate in 2026?
The 2026 average is 108.871 INR per EUR, based on the year to date. The latest complete year, 2025, averaged 98.558.
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