Convert INR to EUR – Indian Rupees to Euro Online Calculator

Europe uses different currencies. Only a few of the countries and states in the continent use the Euro currency. This can be a bit confusing for not only tourists but also business people when handling trade operations. It is, therefore, necessary for you to know the value of INR to EUR live rate or INR to Euro forecast. The exact amount will also help you provide a better INR to the EUR exchange rate.

Let’s go and read more about the conversion of INR to EUR.

Overview of INR(Indian Rupees)

₹ is used to represent the Indian currency. INR is used to denote the Indian Rupee. The RBI completely manages the currency under the RBI Act, 1934.

In 2010, ₹ was officially adopted. The two parallel lines on the symbol represent the equality and unity of the country. With this new symbol, new coins came into the market on 8th July 2011. Further, on 8th November 2016, the Indian government suspended the use of ₹500 and ₹1,000 banknotes and launched the newly invented ₹500, ₹2,000 notes from 10th November 2016.

However, between 2017 to 2019, a new series of banknotes of value ₹10, ₹20, ₹50, ₹100 and ₹200 were released. The old Rs. 1000 banknotes have not been in use since 8th November.

History of INR(Indian Rupees)

India is one of the ancient countries to start the use of currency back in the 6th century. The coins were known as punch-marked because of their making process. Over the centuries, the Indian currency kept changing with the rise and fall of different empires.

Even the British tried to standardise the use of Pound Sterling in India, but they failed. Finally, after India gained independence and parted ways in two countries, the Indian government issued Gulf Rupee. But the value of the coin was dropped on 6th June 1966. Finally, other indigenous currencies were taken out of the market, and a standard set of coins and banknotes came into existence in India.

Overview of EUR

The currency across all the 19 states of the Eurozone is Euro. It is represented by €. After USD, Euro is the second most traded currency across the globe and foreign exchange market. 

As per the reports of 2019, more than €1.3 trillion was in market circulation. Further, Euro had the highest value involving both banknotes and coins in the world in 2019.

History of EUR

In 1993, the Maastricht Treaty came into power to fulfil their motive of creating a monetary and economic union by 1999. Soon, the Euro currency came into being on 1st January 1999. On that day, 1 euro was equal to 1 Indian Rupee. However, soon all the European states (except UK and Denmark) accepted the Euro as their currency.

Note: For the Euro, Denmark has a specified exchange rate.

Virtual currency was formed in 1999. However, it took the virtual currency three years to come into appropriate circulation in the market. And finally, in 2009, the Lisbon Treaty completed its political authority alongside the Central Bank of Europe.

INR to EUR Forecast

Here we represent the INR to Euro forecast table of the next 12 months for 2021 and 2022.

The table represents the value of 1 Indian rupee in Euro today and forecast. 

Convert INR to Euro

To convert one Indian rupee to Euro, you must know the value of 1 euro in Indian rupees today. For example, on 25th January 2022, the INR to Euro exchange rate was ₹ 84.52.

Here are some examples to find the value of 1 INR to Euro currency.

Note: We are using the same INR to Euro rate today in Euro as of 25th January 2022.

Example 1: Convert 299 INR to Euro

Here the value of 1 INR to EUR is 0.012.

For ₹299,

299*0.012 = €3.588

Example 2: Convert 75 INR to Euro?

Here the value of 1 INR to Euro is 0.012.

For ₹75,

75*0.012 = €0.9

Example 3: Convert 15 INR to Euros?

Here the value of 1 INR to EUR is 0.012.

For ₹15,

15*0.012 = €0.18

Example 4: Convert 5 rupees in Euro?

Here the value of 1 Rupee to Euro is 0.012.

For ₹5,

5*0.012 = €0.059

Example 5: Convert 50 rupees in Euro?

Here the value of one INR to Euro is 0.012.

For ₹50,

50*0.012 = €0.6

Example 6: Convert 299 euro to INR?

Here the value of Rs to Euro is 0.012.

For ₹299,

299*0.012 = €25,070.71

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Example 7: Convert 12000 rupees to Euros?

Here the value of rupees to Euro is 0.012.

For ₹12000,

12000*0.012 = €144

Example 8: Convert 20000 rupees to Euros ?

Here the value of INR to Euro is 0.012.

For ₹20000,

20000*0.012 = €240

INR to EUR Conversion Chart

Here is a table showcasing Rupee to Euro conversion. The values may vary depending upon the INR to Euro live rate. You can easily know how Indian Rupees convert to Euro with the help of the below-given conversion chart.

INR Vs EUR

Here are the differences between INR and EUR. 

FAQ’s about Convert INR to EURO