Indian regulatory context
For FEMA, LRS and TCS filings, use the RBI reference rate (published daily at ~12:30 IST). Bank TT buying or selling typically sits 100 to 300 bps wider than mid-market. FEMA 401/2026 explainer.
SAR-INR historical chart
1 SAR to INR stats
52-week high
₹25.7937
20 May 2026
52-week low
₹22.7802
04 Jul 2025
52-week average
₹24.1277
Volatility 52w
4.70%
annualised σ
30-day high
₹25.5470
04 Jun 2026
30-day low
₹25.1076
25 Jun 2026
30-day average
₹25.3216
YTD change
+4.79%
INR weaker
What's your bank's quote costing you?
Enter the rate your bank quotes and a transaction amount. We'll show the gap to the live market.
Direction
Live market rate
₹25.1325per 1 SAR
1.80% above market·tap to edit
- At the live market rate
- ₹2,51,325.00
- At your bank's rate
- ₹2,55,848.85
The gap
−₹4,523.85on this transaction
At a glance · common amounts
| You convert | Market gives | Bank gives | Costs you |
|---|---|---|---|
| ر.س1 | ₹25.13 | ₹25.58 | −₹0.45 |
| ر.س10 | ₹251.33 | ₹255.85 | −₹4.52 |
| ر.س100 | ₹2,513.25 | ₹2,558.49 | −₹45.24 |
| ر.س1,000 | ₹25,132.50 | ₹25,584.89 | −₹452.38 |
| ر.س5,000 | ₹1,25,662.50 | ₹1,27,924.43 | −₹2,261.93 |
| ر.س10,000 | ₹2,51,325.00 | ₹2,55,848.85 | −₹4,523.85 |
| ر.س25,000 | ₹6,28,312.50 | ₹6,39,622.13 | −₹11,309.63 |
| ر.س50,000 | ₹12,56,625.00 | ₹12,79,244.25 | −₹22,619.25 |
| ر.س1,00,000 | ₹25,13,250.00 | ₹25,58,488.50 | −₹45,238.50 |
Top Indian banks offering SAR
Who's quoting the tightest spread today
| Bank | Buy | Sell | Spread |
|---|---|---|---|
 Bank of Baroda | 24.9200 | 25.4200 | ₹0.50 |
 Federal Bank | 24.6300 | 25.5700 | ₹0.94 |
 Emirates NBD Bank | 24.6290 | 25.6422 | ₹1.01 |
 Citibank N.A. | 24.5726 | 25.6281 | ₹1.06 |
 Union Bank of India | 24.9800 | 26.0600 | ₹1.08 |
 JP Morgan Chase Bank N.A. | 24.4800 | 25.7300 | ₹1.25 |
Card rates are the upper bound on what you pay; treasury desks negotiate underneath. Compare all 17 banks quoting SAR →
See what every Indian bank charges for SAR today
Mid-market is the benchmark, bank rates sit on either side. See the cohort ranked by spread.
Talk to Capera
Turn this rate into a saving.
100 bps narrower on SAR-INR is real money. For a corporate doing ten cross-border transfers a year, often a five-figure recovery. We help treasury teams benchmark, hedge and stay compliant.
For your treasury team
What moves this rate
- Central-bank policy divergence
- Cross-border FII / FPI flows
- Trade balance and commodity moves
- Geopolitical risk and sentiment
- Quarter-end rebalancing
How to get a better rate
- Negotiate with the treasury desk
- Aggregate flows; larger tickets, tighter spreads
- Forward contracts to lock known exposures
- Compare providers; 50–150 bps typical range
- Tiered spreads for recurring volume
Frequently asked questions
What is the current SAR to INR exchange rate?+
The current mid-market exchange rate is 1 SAR = ₹25.1325. This is the indicative interbank rate before any bank or forex-card markup is applied.
Why is the rate my bank gives me different from this rate?+
Banks apply a spread, typically 1.5 to 3% for retail FX in India, to cover the cost of holding inventory and offering instant conversion. The figure above is the wholesale mid-market value; the bank's TT buying or selling rate sits on either side of it. A treasury-desk negotiated rate on a sized ticket compresses this to 30 to 80 bps.
How often is this rate updated?+
Through the day. The page refreshes its cached rate as you and others visit, so the figure tracks the market over the trading day. For the live tick at this exact moment, refresh the page.
Can I use this rate for FEMA filings or tax reporting?+
No. For regulatory filings in India (FEMA 401, LRS, TCS on outbound remittance under Section 206C(1G), Form A2) you should use the RBI reference rate or the rate at which your bank actually executed the transaction. The figure above is an indicative reference only.
What's the difference between TT buying, TT selling, and the mid-market rate?+
TT buying is the rate at which a bank buys foreign currency from you (used for inward remittance). TT selling is the rate at which it sells you foreign currency (used for outward transfers). The mid-market rate is the midpoint, and banks build their spread symmetrically around it. The gap between TT buying and TT selling is roughly twice the bank's effective markup.
What is the 52-week high and low for SAR/INR?+
See the stats block above. The 52-week high marks the most expensive level (in target-currency terms) and the low marks the cheapest. Treasury teams use these as anchors when setting hedge ratios.
Should an SMB finance lead worry about FX spreads?+
Yes. At scale, FX spread is often the largest controllable cost in cross-border operations. For an SMB doing $50,000/month of imports, a 200-bps reduction in spread is $12,000/year of recovered margin. Most banks will negotiate if asked.
Where can I see what specific Indian banks charge?+
Open the bank-rate comparison page at /compare/India/fx-rates/SAR-INR — every Indian bank's TT, bills, travel-card and currency-note rates for SAR, ranked from tightest to widest spread. Or jump into a specific bank like /banks/India/sbi/fx for that bank's full currency matrix.
