The MUFG exchange rate for money coming in at MUFG Bank India is 1 USD = ₹92.88, the TT buying rate on its latest rate sheet, dated 28 Oct 2026. Its TT selling rate on the same sheet is ₹97.16.
TT buying applies when money arrives from abroad. The sheet rates are indicative and cover amounts up to USD 50,000 or equivalent; the bank sets the rate for larger amounts.
This page covers the India branch sheet, not the MUFG Japan exchange rate quoted in Tokyo.
MUFG exchange rate on its latest India rate sheet
Here is the MUFG Bank forex rate for all 21 currencies on the India sheet dated 28 Oct 2026 at 09:15 IST, in rupees per unit.
| Currency | Money coming in (TT buying) | Money going out (TT selling) | Bills buying | Cash notes buying |
|---|---|---|---|---|
| USD, US dollar | 92.88 | 97.16 | 92.83 | 91.46 |
| GBP, British pound | 122.91 | 129.87 | 122.85 | 120.96 |
| EUR, euro | 102.78 | 108.60 | 102.73 | 101.15 |
| JPY, Japanese yen (per 100) | 58.49 | 61.79 | 58.46 | 56.65 |
| AUD, Australian dollar | 65.52 | 68.20 | 65.42 | 64.19 |
| CAD, Canadian dollar | 66.01 | 69.11 | 65.90 | Not quoted |
| SGD, Singapore dollar | 72.66 | 75.62 | 72.55 | Not quoted |
| AED, UAE dirham | 24.96 | 26.78 | 24.90 | Not quoted |
| CHF, Swiss franc | 110.50 | 118.52 | Not quoted | Not quoted |
| SAR, Saudi riyal | 24.43 | 26.21 | 24.18 | Not quoted |
| HKD, Hong Kong dollar | 11.7195 | 12.5069 | 11.6892 | Not quoted |
| CNH, Chinese yuan (offshore) | 13.75 | 14.75 | 13.61 | Not quoted |
| SEK, Swedish krona | 9.22 | 9.88 | 9.12 | Not quoted |
| NOK, Norwegian krone | 9.85 | 10.51 | 9.82 | Not quoted |
| DKK, Danish krone | 13.68 | 14.60 | 13.65 | Not quoted |
| ZAR, South African rand | 5.51 | 5.89 | 5.50 | Not quoted |
| MYR, Malaysian ringgit | 22.52 | 24.04 | 22.47 | Not quoted |
| THB, Thai baht (per 100) | 269.61 | 292.07 | Not quoted | Not quoted |
| RUB, Russian rouble | 1.1391 | 1.2217 | 1.1273 | Not quoted |
| PHP, Philippine peso | Not quoted | 1.5327 | Not quoted | Not quoted |
| IDR, Indonesian rupiah (per 10,000) | Not quoted | 53.9739 | Not quoted | Not quoted |
- Export payment by bank transfer: the TT buying rate sets how many rupees land in the account when a client pays by SWIFT.
- Sending money abroad: the bank sells foreign currency at the TT selling rate.
- Cash notes: quoted for USD, GBP, EUR, JPY and AUD only, at a lower buying rate than TT. The sheet lists no MUFG Bank forex card rates.
For the mid-market USD to INR rate without a bank margin, use our USD to INR converter.
How many rupees you get for a USD payment at MUFG Bank India
The calculator compares Xflow's live rate with a typical bank rate, not the MUFG Bank dollar rate on the sheet.
USD payment: typical bank rate vs Xflow
FX rate
INR amounts with others
Banks
FX rate
MUFG Bank India charges on money received from abroad
These are MUFG Bank India's published charges, as of its tariff with effect from 1 Apr 2024.
| Charge | Amount (excl. GST) |
|---|---|
| Incoming foreign currency remittance, beneficiary's account | Nil |
| Incoming remittance, when charged to the sender | USD 30, EUR 25, GBP 25 or equivalent |
| FIRC issue | Nil (duplicate Rs 500) |
| Outward remittance, for reference | 0.125%, minimum Rs 2,000, plus foreign bank charges |
MUFG Bank India's charges are exclusive of statutory taxes, and it does not publish a GST table for currency conversion.
If a bank uses the Rule 32(2)(b) slab method, GST on currency conversion works out to 0.18% of the amount up to Rs 1 lakh (minimum Rs 45), then Rs 180 plus 0.09% of the amount from Rs 1 lakh to Rs 10 lakh, capped at Rs 10,800.
Which MUFG Bank India rate applies to you
- Export payment: TT buying, the rate for money that arrives by bank transfer.
- Sending money abroad: TT selling, the rate at which the bank sells currency.
- Cash: cash buying when selling notes, cash selling when buying them.
Getting paid from abroad? See the rate before you convert
MUFG Bank India vs Xflow for money coming in
Both turn a foreign payment into rupees, but the MUFG foreign exchange rate and Xflow's rate are priced differently.
Compare the MUFG exchange rate, the fee and the paperwork side by side.
| What you compare | MUFG Bank India | Xflow |
|---|---|---|
| Rate used | TT buying rate from its rate sheet | Mid-market rate, with the fee as an FX mark-up |
| Fee on a USD 1,000 payment | Nil to the beneficiary's account | Flat $12 up to $2,000, 0.6% above that |
| Payment certificate (FIRC/e-FIRA) | FIRC free | e-FIRA included with every payout |
| When INR reaches you | See the bank's schedule | Next business day |
Forex rates at other Indian banks
Compare the same rates at larger Indian banks.
Frequently asked questions
MUFG's public sheet was not updated in the week to 4 Nov 2026. The latest sheet is dated 28 Oct 2026 at 09:15 IST, and the rate at credit is the one in force at that time.
The TT buying rate applies when a client pays by bank transfer from abroad.
Yes. They apply up to USD 50,000 or equivalent. For larger amounts, the bank decides the rate.
No. A FIRC is issued at nil charge, and a duplicate costs Rs 500.
Not to the beneficiary's account for foreign currency credits. A charge applies only when the sender's account bears it.
Yes. The final rate is the one in force when the bank debits or credits the account.
