Trading EUR/INR

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James Barra
James is an investment writer and brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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EUR/INR is the conversion of the euro into the Indian rupee. Historical exchange rate data reveals high volatility, which online traders can capitalize on to turn a profit. Utilizing forecast graphs and watching the news may also improve strategy predictions. Our tutorial will get you up to speed on the history of the EUR vs. INR and how the live rate looks today, plus tips for technical chart analysis.

Best Forex Brokers

Based on our research, no brokers that we're comfortable recommending offer EUR/INR, in part due to restrictions on trading INR outside of India, so the brokers below are our top recommendations for brokers with a wide range of currency pairs.

Live Chart

Pros Of Trading EUR/INR

Risks Of Trading EUR/INR

Factors Affecting EUR/INR Price

Many factors can cause the EUR to INR daily chart or weekly forecast to change. Some influences may cause a forward premium situation, in which the expected future price is higher than current spot rates. These include:

Linked Currency Pairs

Traders can use previous data like a EUR/INR rate history chart or long-term forecasts to inform their strategy. Another option for generating a EUR to INR prediction for 2026 and beyond is to consider the effect of correlated currency pairs. These currencies demonstrate price changes in line with each other – positively correlated pairs display movement in the same direction. In contrast, negatively correlated currencies move in the opposite direction:

EUR/INR Trading Strategy

Trading Hours

Knowing when to trade EUR/INR is important for maximizing profit margins. The National Stock Exchange of India (NSE) is open for trading 9 am – 5 pm India Standard Time, which corresponds to 3:30 am – 11:30 am GMT. This time frame is when the pair will be most liquid, and bid-ask spreads will be lower.

Brokers

Traders should check their broker offers the pair before opening an account. EUR to INR is being offered more frequently by large brokers along with a range of powerful analysis tools, charts, lot sizes, indicators, and automated trading features. Some providers also offer services for converting EUR to INR.

Check out our list of the best forex day trading platforms.

Data & Forecasting

Many investors focus on analyzing present currency data. Monitoring a EUR vs. INR live chart is vital when opening and closing trades. However, traders can also rely on past information, for example, year-long graphs or trends over the last five years. Utilizing as much financial data as possible is key to making strong value predictions.

Trade

There have been many decades of successful trade between Europe and India. The EU is India’s biggest partner and receives the second-largest amount of Indian exports after the US. Goods exchanged has increased between the two regions by over 30% in the last ten years.

Importantly, keeping an eye on the volume of exports will help you predict whether the euro will strengthen against the rupee or vice versa.

EUR/INR History

Indian rupees were first issued in the 18th century, while decimalizing the currency took place in 1957. Most of the EU adopted the euro after it began physical circulation in 2002.

The average EURINR exchange rate has steadily increased over the last twenty years, roughly doubling since 2000. The price reached an all-time high of 92.32 in August 2013 and an all-time low of 38.45 in October 2000.

Role Of The Euro

The euro is an impactful currency in part due to the economic power of the European Union, where it is used in 19 of the 27 member states. It is the second-largest economy after the US and has almost 746.4 million inhabitants. The euro is second only to the US dollar in amounts held as a reserve currency and trading volume worldwide. It is also among the currencies with the highest amount of physical money in circulation, amounting to over €1.6 trillion in April 2022.

Follow events in the European Union to gauge the market’s direction. Announcements that negatively affect the trading bloc typically see the euro weaken against the rupee. Importantly, EUR/INR’s conversion rate today is impacted by high inflation rates, oil prices, and the war in Ukraine.

Role Of The Rupee

The Indian rupee is legal tender for the 1.38 billion people in India. The country has the fifth-largest GDP output in the world. It also has one of the largest labor forces in any country. The rupee has experienced a decline against major currencies like the US dollar and the euro over recent decades due to market forces.

Keeping an eye on the economy’s strength and labor forces will help you predict whether the currency will strengthen against the euro.

Final Word

Trading on EUR/INR offers an interesting opportunity for forex investors to branch out on an exotic pair. The live exchange rate for these currencies is highly volatile, and traders should make use of expert forecasts and historical data charts. Strong technical analysis skills and awareness of current news events will further your strategies. See our list of forex brokers to start trading today.

FAQs

Why Is The EUR Falling Against The INR?

One factor to consider is the Russian-Ukrainian war, which has impacted the stability of the EUR in the eyes of the investors.

Is The EUR Rate Going Up Or Down Vs. INR?

Historical data indicates that the EUR has been increasing against the INR over the last twenty years. However since 2021, the EUR/INR has seen a decline. Markets can change rapidly; traders can check live price charts to get the most recent conversion rates.

Will The Rupee Get Stronger In 2026?

The EUR/INR forecast is influenced by many factors, including the present inflation and the war in Ukraine. The strength of the INR against the EUR in the coming years depends partly on how these regions cope with political and economic events.

Why Is The INR Rising Against EUR?

The INR has been relatively strong in recent times because it has been seen as a safer investment by traders when compared to the EUR. Despite this, the trend may not continue, and investors should look at recent news and predictions to create their own forecasts.

How Much Is One Euro In INR?

As the price changes on a daily basis, we recommend traders check the latest charts and conversion rate calculators. See a live EUR/INR chart here.

How Do I Start Trading EUR/INR?

Investors need to look for a top forex trading platform that offers exotic currency pairs. Traders should compare spreads and consider costs like commission rates and available trading tools. In addition, check if the platform offers forex signals and other market sentiment tools.