Exchange Rate Calculator

The exchange rate between the Euro (EUR) and the Indian Rupee (INR) has exhibited notable fluctuations over the past few months, influenced by various economic factors and market dynamics. This report provides an analysis of the recent trends, technical indicators, and future projections for the EUR/INR currency pair.

Recent Trends in EUR/INR Exchange Rate

As of March 14, 2025, the EUR/INR exchange rate stood at 94.67, marking a 4.58% increase from the value of 90.52 recorded a year earlier. This upward trajectory reflects a strengthening Euro against the Indian Rupee over the past year.

In the first quarter of 2025, the exchange rate experienced fluctuations, with values ranging from 89.00 to 95.33. These variations can be attributed to factors such as differing economic growth rates, inflationary pressures, and monetary policy decisions in the Eurozone and India.

Technical Analysis

Technical indicators as of March 15, 2025, suggest a bullish trend for the EUR/INR pair. The Relative Strength Index (RSI) is at 54.117, indicating neutral momentum. The Moving Average Convergence Divergence (MACD) shows a positive value of 0.022, signaling potential upward momentum. Additionally, moving averages across various periods (5, 10, 20, 50, 100, and 200 days) are predominantly bullish, reinforcing the positive outlook.

Forecasts and Projections

Short-term forecasts indicate a potential decline in the EUR/INR exchange rate. For instance, a one-month projection anticipates the rate to fall to 89.0008, approximately 5.8% lower than the current rate. Conversely, other analyses predict a gradual appreciation of the Euro against the Rupee over the next year, with the exchange rate potentially reaching ₹98.88, representing a 7.07% increase.

Long-term projections vary, with some forecasts suggesting the EUR/INR rate could reach ₹117.00 in five years, indicating a 26.69% increase from current levels. These projections are based on anticipated economic growth differentials, inflation trends, and monetary policies in the Eurozone and India.

Factors Influencing the EUR/INR Exchange Rate

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

• Economic Growth Rates: Differences in GDP growth between the Eurozone and India can influence investor confidence and currency valuations.

• Inflation Rates: Higher inflation in one region relative to the other can lead to depreciation of the currency with higher inflation.

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

• Trade Balances: Trade deficits or surpluses between the Eurozone and India affect demand for respective currencies.

• Political Stability: Political events and stability in either region can influence investor sentiment and currency movements.

Conclusion

The EUR/INR exchange rate has shown an overall upward trend over the past year, with periodic fluctuations influenced by economic indicators and policy decisions. While short-term forecasts suggest potential declines, long-term projections indicate a strengthening Euro against the Indian Rupee. Investors and businesses engaged in Euro-Indian Rupee transactions should monitor these trends and consider the underlying economic factors when making financial decisions.