INR To Euro – Rupees To Euro Conversion – Complete Guide 2020

About the Euro – INR

The currency used in Europe is the Euro, and the symbol of the Euro is €. Total 28 currencies used across 50 European countries who are members of the United Nations. Euro notes issued in denominations of 5, 10, 20, 50, 100, 200, and 500 euros and the Euro coins issued in denominations of 1, 2, 5, 10, 20, and 50 cents, as well as 1 and 2 euros.

Indian rupee is the currency of India with the currency code INR. The Indian rupee subdivided into 100 paise and denomination of 1 rupee coin is the lowest value in use. The Indian notes issued in denominations of 5, 10, 20, 50, 100, 200, 500, and 2000 rupees and the Indian coins issued in denominations of 1, 2, 5, and 10 rupee coins.

Convert INR to Euro

Convert Euro to INR

How many countries use currency as the Euro?

There are 21 countries and 4 microstates where Euro is in use as a currency.

Countries that use the Euro

Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain.

Best Ways to Exchange Currency in Europe

#1. Airports and Hotels

Large airports and many hotels have desks to exchange money for the local currency, but changing money at these places will not be a good option as they cost you so much. They may charge up to 25% in fees to exchange for local currency.

Suggested Read: List of Busiest And International Airports in India

#2. Travelex Money Card

One can get this card online and also at Travelex stores. It allows you to load up to six currencies in a single card where it will be easy to exchange one currency to another if you are traveling from one country to another country. Here, the card costs you so much like the fee to purchase the card, which includes an additional card fee of $7.50. And exchanging currency costs you the standard rate plus 5.5%.

The above two ways are one side option, and another option where you can have the best currency rates are nothing but heading straight to the bank to convert INR to Euro. Here are the lists of banks that offer the best currency rate.

#3. European Central Bank

The European Central Bank has been issuing Euro banknotes for the greatest time. The bank usually updates the exchange rates every working day, except on closing days.

#4. ICICI Bank

In ICICI bank, there is an exchange rate calculator where you can use that to know the exact amount you are going to receive.

#5. Citibank

One who wants to convert INR to Euro can approach Citibank as the foreign transaction fee is 0% or 3%, which depends on the card.

#6. Wells Fargo

One of the best options to convert currencies is Wells Fargo. Many branches throughout Europe keep often ordered foreign currencies on-hand for instant accessibility.

#7. JP Morgan

Here it offers the best currency exchange rates and also charges fewer fees than other exchange bureaus. No doubt, one can head to JP Morgan to convert INR to Euro in Europe as this bank is the best one. To waive the fee of currency exchange, one should be the account holder here.

#8. ATMs and Debit Cards

One of the best ways to convert INR to Euro will be at ATMs or by using your debit card.

Where can one convert Euro to INR?

There are many places around Europe where one can convert Euro to INR. There is a facility in Europe of the forex section in any bank where one can change the currency. Other private forex centers and ATMs are also accessible to users to convert currency.

Foreign Currency Exchange in India

One can easily exchange money in India through an online platform like buy forex online, which is the trusted provider of forex services in India serving many locations. One can also do currency exchange in India through banks. One can visit the bank carrying foreign currency in the wallet, but the thing is the person should hold an account in the bank.

A person can also exchange currency at money changers like UAE exchange, Muthoot Forex, Thomas Cook, and others. One can also exchange foreign currency at the airport, but it costs you so much. Exchanging currency at airports should be kept as a last option.