Exchange Rate Calculator

The exchange rate between the Euro (EUR) and the Indian Rupee (INR) has experienced notable fluctuations over the past few months, reflecting a complex interplay of economic factors. As of March 14, 2025, the EUR/INR exchange rate stood at 94.67, marking a 4.58% increase from the same date in the previous year. (ycharts.com)

Recent Trends and Historical Performance

Between December 9, 2024, and March 7, 2025, the EUR/INR exchange rate exhibited significant volatility. The highest rate during this period was 94.427 INR per EUR on March 7, 2025, while the lowest was 88.092 INR per EUR on January 2, 2025. The average rate over these 90 days was 89.960 INR per EUR, indicating an overall increase of 5.45%. (valutafx.com)

In the broader context, the exchange rate has shown an upward trend over the past year. The lowest rate in 2024 was 87.9659 INR per EUR, and the highest was 93.9379 INR per EUR, with an average rate of 90.5563 INR per EUR. (exchangerates.org.uk)

Technical Analysis

Technical indicators as of March 21, 2025, suggest a bullish trend for the EUR/INR pair. The Relative Strength Index (RSI) stood at 73.33, indicating bullish momentum. The Moving Average Convergence Divergence (MACD) was at 0.39, also signaling a bullish trend. However, the Stochastic Oscillator at 86.55 and the Commodity Channel Index (CCI) at 311.70 suggest that the pair may be in overbought territory, which could precede a price correction. (moneycontrol.com)

Forecasts and Future Outlook

Looking ahead, forecasts for the EUR/INR exchange rate vary. Some projections suggest a decline, with the rate expected to fall to 89.0008 INR per EUR in one month, representing a 5.8% decrease from the current rate. (exchangerates.org.uk) Conversely, other forecasts predict an increase, with the rate projected to reach 98.84 INR per EUR in the next six months, a 6.06% rise from the current rate. (coincodex.com)

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the EUR/INR exchange rate:

• Economic Indicators: Differences in economic growth rates, inflation, and employment figures between the Eurozone and India can influence the exchange rate.

• Monetary Policies: Decisions by the European Central Bank (ECB) and the Reserve Bank of India (RBI) regarding interest rates and monetary policies can impact currency values.

• Trade Balances: The trade balance between the Eurozone and India affects demand for each currency, influencing the exchange rate.

• Global Events: Geopolitical developments, global economic trends, and market sentiments can lead to fluctuations in currency values.

Conclusion

The EUR/INR exchange rate has experienced significant fluctuations over the past year, influenced by a range of economic indicators and global events. While technical analysis currently suggests a bullish trend, forecasts for the future vary, reflecting the complex and dynamic nature of currency markets. Investors and businesses engaged in transactions involving these currencies should stay informed about ongoing economic developments and consider both technical indicators and fundamental factors when making decisions.