Historical US Dollar to Indian Rupee exchange rates for the full year 2008
| Date | Rate | Change |
|---|---|---|
| December 31, 2008 | 48.4570 | +0.679% |
| December 30, 2008 | 48.1300 | +0.067% |
| December 29, 2008 | 48.0980 | +0.682% |
| December 24, 2008 | 47.7720 | -1.615% |
| December 23, 2008 | 48.5560 | +1.684% |
| December 22, 2008 | 47.7520 | +1.492% |
| December 19, 2008 | 47.0500 | +0.620% |
| December 18, 2008 | 46.7600 | -1.688% |
| December 17, 2008 | 47.5630 | -0.726% |
| December 16, 2008 | 47.9110 | +0.335% |
| December 15, 2008 | 47.7510 | -0.787% |
| December 12, 2008 | 48.1300 | +0.204% |
| December 11, 2008 | 48.0320 | -1.126% |
| December 10, 2008 | 48.5790 | -1.252% |
| December 9, 2008 | 49.1950 | -0.512% |
| December 8, 2008 | 49.4480 | +0.024% |
| December 5, 2008 | 49.4360 | -0.433% |
| December 4, 2008 | 49.6510 | -0.329% |
| December 3, 2008 | 49.8150 | -0.358% |
| December 2, 2008 | 49.9940 | +0.134% |
| December 1, 2008 | 49.9270 | +0.317% |
| November 28, 2008 | 49.7690 | +1.431% |
| November 27, 2008 | 49.0670 | -0.266% |
| November 26, 2008 | 49.1980 | -0.976% |
| November 25, 2008 | 49.6830 | -0.537% |
| November 24, 2008 | 49.9510 | +0.315% |
| November 21, 2008 | 49.7940 | -0.504% |
| November 20, 2008 | 50.0460 | +0.559% |
| November 19, 2008 | 49.7680 | +0.651% |
| November 18, 2008 | 49.4460 | +0.795% |
| November 17, 2008 | 49.0560 | +0.731% |
| November 14, 2008 | 48.7000 | +0.027% |
| November 13, 2008 | 48.6870 | -1.083% |
| November 12, 2008 | 49.2200 | +2.512% |
| November 11, 2008 | 48.0140 | +1.518% |
| November 10, 2008 | 47.2960 | -0.524% |
| November 7, 2008 | 47.5450 | -0.149% |
| November 6, 2008 | 47.6160 | +0.504% |
| November 5, 2008 | 47.3770 | -0.387% |
| November 4, 2008 | 47.5610 | -1.841% |
| November 3, 2008 | 48.4530 | -1.818% |
| October 31, 2008 | 49.3500 | +0.055% |
| October 30, 2008 | 49.3230 | -0.101% |
| October 29, 2008 | 49.3730 | -1.080% |
| October 28, 2008 | 49.9120 | +0.048% |
| October 27, 2008 | 49.8880 | +0.040% |
| October 24, 2008 | 49.8680 | +0.354% |
| October 23, 2008 | 49.6920 | +0.885% |
| October 22, 2008 | 49.2560 | +0.827% |
| October 21, 2008 | 48.8520 | -0.349% |
| October 20, 2008 | 49.0230 | +0.264% |
| October 17, 2008 | 48.8940 | +0.433% |
| October 16, 2008 | 48.6830 | +0.593% |
| October 15, 2008 | 48.3960 | +0.712% |
| October 14, 2008 | 48.0540 | -0.015% |
| October 13, 2008 | 48.0610 | -0.797% |
| October 10, 2008 | 48.4470 | +1.880% |
| October 9, 2008 | 47.5530 | -0.666% |
| October 8, 2008 | 47.8720 | +0.201% |
| October 7, 2008 | 47.7760 | +0.302% |
| October 6, 2008 | 47.6320 | +1.209% |
| October 3, 2008 | 47.0630 | +1.764% |
| October 2, 2008 | 46.2470 | -0.804% |
| October 1, 2008 | 46.6220 | +0.314% |
| September 30, 2008 | 46.4760 | -1.077% |
| September 29, 2008 | 46.9820 | +1.187% |
| September 26, 2008 | 46.4310 | +0.698% |
| September 25, 2008 | 46.1090 | +0.322% |
| September 24, 2008 | 45.9610 | +0.650% |
| September 23, 2008 | 45.6640 | +0.418% |
| September 22, 2008 | 45.4740 | -0.603% |
| September 19, 2008 | 45.7500 | -1.207% |
| September 18, 2008 | 46.3090 | +0.299% |
| September 17, 2008 | 46.1710 | -1.224% |
| September 16, 2008 | 46.7430 | +1.748% |
| September 15, 2008 | 45.9400 | +0.424% |
| September 12, 2008 | 45.7460 | +0.516% |
| September 11, 2008 | 45.5110 | +0.876% |
| September 10, 2008 | 45.1160 | +0.807% |
| September 9, 2008 | 44.7550 | +0.352% |
| September 8, 2008 | 44.5980 | -0.137% |
| September 5, 2008 | 44.6590 | +0.513% |
| September 4, 2008 | 44.4310 | +1.071% |
| September 3, 2008 | 43.9600 | -1.211% |
| September 2, 2008 | 44.4990 | +0.722% |
| September 1, 2008 | 44.1800 | +0.946% |
| August 29, 2008 | 43.7660 | +0.082% |
| August 28, 2008 | 43.7300 | +0.190% |
| August 27, 2008 | 43.6470 | -0.438% |
| August 26, 2008 | 43.8390 | +0.272% |
| August 25, 2008 | 43.7200 | +0.844% |
| August 22, 2008 | 43.3540 | -0.152% |
| August 21, 2008 | 43.4200 | -0.659% |
| August 20, 2008 | 43.7080 | +0.414% |
| August 19, 2008 | 43.5280 | -0.133% |
| August 18, 2008 | 43.5860 | +2.111% |
| August 15, 2008 | 42.6850 | -0.561% |
| August 14, 2008 | 42.9260 | +0.690% |
| August 13, 2008 | 42.6320 | +0.592% |
| August 12, 2008 | 42.3810 | +0.500% |
| August 11, 2008 | 42.1700 | +0.259% |
| August 8, 2008 | 42.0610 | +0.176% |
| August 7, 2008 | 41.9870 | -0.221% |
| August 6, 2008 | 42.0800 | -0.395% |
| August 5, 2008 | 42.2470 | -0.422% |
| August 4, 2008 | 42.4260 | +0.161% |
| August 1, 2008 | 42.3580 | -0.334% |
| July 31, 2008 | 42.5000 | +0.290% |
| July 30, 2008 | 42.3770 | -0.626% |
| July 29, 2008 | 42.6440 | +0.235% |
| July 28, 2008 | 42.5440 | +0.663% |
| July 25, 2008 | 42.2640 | +0.316% |
| July 24, 2008 | 42.1310 | +0.286% |
| July 23, 2008 | 42.0110 | -1.620% |
| July 22, 2008 | 42.7030 | -0.089% |
| July 21, 2008 | 42.7410 | +0.171% |
| July 18, 2008 | 42.6680 | -0.364% |
| July 17, 2008 | 42.8240 | -0.314% |
| July 16, 2008 | 42.9590 | -0.392% |
| July 15, 2008 | 43.1280 | +0.745% |
| July 14, 2008 | 42.8090 | +0.094% |
| July 11, 2008 | 42.7690 | -0.544% |
| July 10, 2008 | 43.0030 | -0.248% |
| July 9, 2008 | 43.1100 | -0.411% |
| July 8, 2008 | 43.2880 | +0.005% |
| July 7, 2008 | 43.2860 | +0.327% |
| July 4, 2008 | 43.1450 | -0.365% |
| July 3, 2008 | 43.3030 | +0.276% |
| July 2, 2008 | 43.1840 | -0.134% |
| July 1, 2008 | 43.2420 | +0.729% |
| June 30, 2008 | 42.9290 | +0.325% |
| June 27, 2008 | 42.7900 | +0.437% |
| June 26, 2008 | 42.6040 | -0.094% |
| June 25, 2008 | 42.6440 | -0.541% |
| June 24, 2008 | 42.8760 | -0.209% |
| June 23, 2008 | 42.9660 | +0.140% |
| June 20, 2008 | 42.9060 | -0.119% |
| June 19, 2008 | 42.9570 | +0.348% |
| June 18, 2008 | 42.8080 | +0.065% |
| June 17, 2008 | 42.7800 | -0.421% |
| June 16, 2008 | 42.9610 | +0.124% |
| June 13, 2008 | 42.9080 | +0.175% |
| June 12, 2008 | 42.8330 | +0.033% |
| June 11, 2008 | 42.8190 | -0.349% |
| June 10, 2008 | 42.9690 | +0.425% |
| June 9, 2008 | 42.7870 | +0.321% |
| June 6, 2008 | 42.6500 | -0.585% |
| June 5, 2008 | 42.9010 | +0.537% |
| June 4, 2008 | 42.6720 | +0.136% |
| June 3, 2008 | 42.6140 | +0.512% |
| June 2, 2008 | 42.3970 | -0.146% |
| May 30, 2008 | 42.4590 | -0.522% |
| May 29, 2008 | 42.6820 | +0.084% |
| May 28, 2008 | 42.6460 | -0.490% |
| May 27, 2008 | 42.8560 | +0.580% |
| May 26, 2008 | 42.6090 | -0.229% |
| May 23, 2008 | 42.7070 | -0.359% |
| May 22, 2008 | 42.8610 | +0.295% |
| May 21, 2008 | 42.7350 | +0.279% |
| May 20, 2008 | 42.6160 | +0.441% |
| May 19, 2008 | 42.4290 | -0.254% |
| May 16, 2008 | 42.5370 | -0.223% |
| May 15, 2008 | 42.6320 | +0.673% |
| May 14, 2008 | 42.3470 | +0.560% |
| May 13, 2008 | 42.1110 | +0.298% |
| May 12, 2008 | 41.9860 | +1.213% |
| May 9, 2008 | 41.4830 | -0.456% |
| May 8, 2008 | 41.6730 | +0.986% |
| May 7, 2008 | 41.2660 | +0.784% |
| May 6, 2008 | 40.9450 | +0.817% |
| May 5, 2008 | 40.6130 | -0.199% |
| May 2, 2008 | 40.6940 | +0.499% |
| April 30, 2008 | 40.4920 | +0.260% |
| April 29, 2008 | 40.3870 | +0.445% |
| April 28, 2008 | 40.2080 | +0.282% |
| April 25, 2008 | 40.0950 | -0.221% |
| April 24, 2008 | 40.1840 | +0.608% |
| April 23, 2008 | 39.9410 | -0.065% |
| April 22, 2008 | 39.9670 | +0.175% |
| April 21, 2008 | 39.8970 | +0.337% |
| April 18, 2008 | 39.7630 | -0.323% |
| April 17, 2008 | 39.8920 | -0.118% |
| April 16, 2008 | 39.9390 | -0.070% |
| April 15, 2008 | 39.9670 | +0.206% |
| April 14, 2008 | 39.8850 | +0.083% |
| April 11, 2008 | 39.8520 | -0.255% |
| April 10, 2008 | 39.9540 | +0.176% |
| April 9, 2008 | 39.8840 | -0.125% |
| April 8, 2008 | 39.9340 | -0.078% |
| April 7, 2008 | 39.9650 | +0.153% |
| April 4, 2008 | 39.9040 | -0.108% |
| April 3, 2008 | 39.9470 | +0.176% |
| April 2, 2008 | 39.8770 | -0.258% |
| April 1, 2008 | 39.9800 | -0.100% |
| March 31, 2008 | 40.0200 | +0.434% |
| March 28, 2008 | 39.8470 | -0.158% |
| March 27, 2008 | 39.9100 | -0.195% |
| March 26, 2008 | 39.9880 | +0.033% |
| March 25, 2008 | 39.9750 | -1.005% |
| March 20, 2008 | 40.3810 | +0.383% |
| March 19, 2008 | 40.2270 | -0.127% |
| March 18, 2008 | 40.2780 | -0.646% |
| March 17, 2008 | 40.5400 | +0.876% |
| March 14, 2008 | 40.1880 | +0.070% |
| March 13, 2008 | 40.1600 | +0.247% |
| March 12, 2008 | 40.0610 | -0.492% |
| March 11, 2008 | 40.2590 | -0.359% |
| March 10, 2008 | 40.4040 | -0.007% |
| March 7, 2008 | 40.4070 | +0.633% |
| March 6, 2008 | 40.1530 | -0.278% |
| March 5, 2008 | 40.2650 | +0.092% |
| March 4, 2008 | 40.2280 | -0.137% |
| March 3, 2008 | 40.2830 | +0.866% |
| February 29, 2008 | 39.9370 | +0.374% |
| February 28, 2008 | 39.7880 | +0.229% |
| February 27, 2008 | 39.6970 | -0.299% |
| February 26, 2008 | 39.8160 | -0.125% |
| February 25, 2008 | 39.8660 | -0.253% |
| February 22, 2008 | 39.9670 | +0.306% |
| February 21, 2008 | 39.8450 | -0.673% |
| February 20, 2008 | 40.1150 | +0.726% |
| February 19, 2008 | 39.8260 | +0.345% |
| February 18, 2008 | 39.6890 | +0.306% |
| February 15, 2008 | 39.5680 | +0.124% |
| February 14, 2008 | 39.5190 | -0.396% |
| February 13, 2008 | 39.6760 | +0.025% |
| February 12, 2008 | 39.6660 | -0.050% |
| February 11, 2008 | 39.6860 | +0.329% |
| February 8, 2008 | 39.5560 | +0.266% |
| February 7, 2008 | 39.4510 | +0.066% |
| February 6, 2008 | 39.4250 | -0.099% |
| February 5, 2008 | 39.4640 | +0.226% |
| February 4, 2008 | 39.3750 | +0.606% |
| February 1, 2008 | 39.1380 | -0.519% |
| January 31, 2008 | 39.3420 | +0.081% |
| January 30, 2008 | 39.3100 | -0.066% |
| January 29, 2008 | 39.3360 | +0.127% |
| January 28, 2008 | 39.2860 | -0.092% |
| January 25, 2008 | 39.3220 | -0.147% |
| January 24, 2008 | 39.3800 | -0.342% |
| January 23, 2008 | 39.5150 | +0.371% |
| January 22, 2008 | 39.3690 | -0.291% |
| January 21, 2008 | 39.4840 | +0.683% |
| January 18, 2008 | 39.2160 | +0.123% |
| January 17, 2008 | 39.1680 | -0.061% |
| January 16, 2008 | 39.1920 | +0.064% |
| January 15, 2008 | 39.1670 | -0.023% |
| January 14, 2008 | 39.1760 | -0.008% |
| January 11, 2008 | 39.1790 | +0.026% |
| January 10, 2008 | 39.1690 | -0.020% |
| January 9, 2008 | 39.1770 | +0.033% |
| January 8, 2008 | 39.1640 | -0.046% |
| January 7, 2008 | 39.1820 | -0.153% |
| January 4, 2008 | 39.2420 | -0.079% |
| January 3, 2008 | 39.2730 | -0.104% |
| January 2, 2008 | 39.3140 | +0.020% |
| December 31, 2007 | 39.3060 | — |
The USD/INR exchange rate averaged 43.4316 in 2008, trading between a low of 39.1380 and a high of 50.0460,a range of 27.9% over the year. The rate rose by 23.28% over the full year, from 39.3060 at the opening of 2008 to 48.4570 at year-end.
Q1 (2008): January through March averaged 39.6858, a +0.97% move from the 2008 opening rate of 39.3060.
Q2 (2008): April through June averaged 41.6693, up 5.00% from Q1.
Q3 (2008): July through September averaged 43.7286, a +4.94% change from Q2.
Q4 (2008): October through December averaged 48.5626, closing the year at 48.4570, a 23.28% gain for USD against INR from the 2008 open.
Annualized volatility for USD/INR in 2008 was 10.0%, calculated as the annualized standard deviation of daily log returns across 257 trading days. For reference, major currency pairs average 5–10% annualized volatility in calm years and 12–20% during significant policy or market disruptions. Volatility above 10% generally indicates conditions where hedging currency exposure was material for businesses and travelers with significant USD/INR exposure.
| Month | Avg Rate | High | Low | vs Prior Month |
|---|---|---|---|---|
| January | 39.2710 | 39.5150 | 39.1640 | — |
| February | 39.6700 | 40.1150 | 39.1380 | +1.02% |
| March | 40.1881 | 40.5400 | 39.8470 | +1.31% |
| April | 39.9961 | 40.4920 | 39.7630 | -0.48% |
| May | 42.1375 | 42.8610 | 40.6130 | +5.35% |
| June | 42.7986 | 42.9690 | 42.3970 | +1.57% |
| July | 42.8101 | 43.3030 | 42.0110 | +0.03% |
| August | 42.9643 | 43.8390 | 41.9870 | +0.36% |
| September | 45.5211 | 46.9820 | 43.9600 | +5.95% |
| October | 48.5147 | 49.9120 | 46.2470 | +6.58% |
| November | 48.8124 | 50.0460 | 47.2960 | +0.61% |
| December | 48.4765 | 49.9940 | 46.7600 | -0.69% |
What was the USD to INR exchange rate in 2008?
The USD/INR rate averaged 43.4316 in 2008, ranging from a low of 39.1380 to a high of 50.0460.
What was the highest USD/INR rate in 2008?
The highest USD to INR rate recorded in 2008 was 50.0460. The lowest was 39.1380.
How much did the USD/INR rate change in 2008?
The USD/INR rate rose by 23.28% in 2008, from 39.3060 to 48.4570.
What was the USD/INR annual trading range in 2008?
The USD/INR pair traded in a range of 39.1380 to 50.0460 in 2008,a spread of 27.9% between the year's low and high.
Was 2008 a good year to exchange USD to INR?
The USD/INR rate rose 23.28% over 2008, closing at 48.4570. For those converting USD to INR, the year-end rate was more favorable than the start of year. Historical data like this can provide useful context when planning future currency exchanges.
Where can I find USD/INR rates for other years?
LiveRates.io provides complete daily historical rates for USD/INR going back to 2000. Use the year navigation above to view adjacent years, or visit the main USD to INR page for current rates, a 30-day chart, and links to all available historical years.