US Dollar (USD) to Indian Rupee (INR) exchange rate history

Creating synthetic foreign currencies with DAI

Hey guys
Just wanted to a sense check on this tweet.
The essence of it is that foreign currency synthetics could likely be a reality in 2020 How will it work?
Basically I've been thinking once a floor of reliance on DAI is established, it will be possible that synthetic foreign currencies in regions where foreign currency volatility is not high could likely sprout. Why does this matter? Because currencies set context for use-cases. Lending circles in Indonesia would rather prefer a regional currency than USD to hedge against inflation risks. Similarly traders in India may much rather prefer a synthetic INR to cash in on the premium (against Bitcoin) vs paying a premium on USDT purchases (Note : There's a typical 3-5% premium on buying dollars in India). I think contextual use-cases in geospecific regions could spur if synthetic stablecoin foreign currencies are launched.
The added use-cases for this are multiple

There's a lot more thinking that needs to happen around this. Just putting it out in the wild to know if someone else is working/ thinking about this.
Edit : Sorry if adding my tweet up there is shilly - will remove it
Regards
submitted by WiseAcanthisitta5 to ethfinance [link] [comments]

[First Post] Help me understand Forward Forex Rates & Bids

Hi People,
This is my first post. I was looking at forward forex rates here: http://www.investing.com/currencies/usd-inr-forward-rates
While historical rates are pretty clear, I'm unable to understand forward bids. For instance, a 9 month forward bid for USD/INR is 342.000 and ask is 347.0000
What is 342 in this case ?
The same forward bid/ask on another website shows as this: http://www.fxstreet.com/rates-charts/forward-rates/?id=usd%2finr
USD/INR 09M Forward 37,600.0000 37,800.0000
It's 37,600 here!
I can't understand head or tails of it. Can anyone please help me out ?
submitted by marathi_mulga to Forex [link] [comments]

Exchange Rate in Pair (₹/$, USD/INR) ll CA/CMA Final Forex ll Beware of Some Teacher About USD to INR Exchange Rate And Market Rate Foreign Currency Exchange Rates  Dollar Exchange Rate  IBaharani Dinar  USD to Inr  USD to Pkr Historical Comparison Of US Dollar Exchange Rates Since ... Historical Indian ₹ Rates(INR/USD) 1947-2017 USD INR Forecast  Trade War  GDP

Live Forex Rates Ticker; Live Currency Toolbar ; Home » Currency Exchange Rates » USD Rates for 19/08/2020 » USD INR rate on 19/08/2020. Sun, 8th November 2020. US Dollar (USD) to Indian Rupee ... Get historic exchange rates for past US Dollar foreign expenses. Select your currencies and the date to get histroical rate tables. Global economists make use of forex rates in India data to compare Indian currency purchasing power in currency standardized organized markets. 1 USD to INR History . If you want to compare US dollar to Indian rupee before 1947 you would have to use an indirect comparison. You will first have to calculate the value of rupees in pounds and then convert to dollars. Till 1957 one Indian rupee was ... This is the US Dollar (USD) to Indian Rupee (INR) exchange rate history summary page, detailing 180 days of USD INR historical data from Saturday 16/05/2020 to Tuesday 10/11/2020 Highest: 76.388 ... Get free historical data for USD INR (US Dollar Indian Rupee). You'll find the closing price, open, high, low, change and %change of the currency pair for the selected range of dates. 1900 to 2019 historical exchange rate exchange rates in india usd inr forecast 3 reasons for the foreign exchange rate of usd to inr forex rates usd to inr trading sbi forex rates usd to inr. Historical forex rates usd to inr لم euro to inr 2001 2019 statista currency conversion in google sheets 1 usd to ind flagyl tablets cf currency conversion in google sheets Chart The Of Ru Dollar Exchange Rate Since 1966Usd To Inr Converter Us Dollar Indian Ru Exchange RatesInr Vs Usd Historical Graph لم يسبق له […]

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Exchange Rate in Pair (₹/$, USD/INR) ll CA/CMA Final Forex ll Beware of Some Teacher

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