Indian Rupee (INR) Currency Exchange ForecastTarget Month June 2013 Forecast 58HDTFA

4.12

Forecast for the currency exchange rate of the Indian Rupee for the target month indicated, shown in Rupees per US Dollars (INR/USD).

Updated Friday, June 1, 2012

If the line in the chart falls from left to right, the US Dollar is weakening against the other currency, causing goods produced in the country of the other currency to be more expensive to US purchasers. This tends to decrease US imports from that country. As the U. S. Dollar is weakening, the other currency is strengthening against the US Dollar, causing US goods to be less expensive to purchasers using the other currency. This tends to increase US exports to that country. If the line in the chart rises from left to right, the US Dollar is strengthening against the other currency, causing goods produced in the country of the other currency to be less expensive to US purchasers. This tends to increase US imports from that country. As the U. S. Dollar is strengthening, the other currency is weakening against the US Dollar, causing US goods to be more expensive to purchasers using the other currency. This tends to decrease US exports to that country.

Historical Indian Rupee Rate (INR)Year INR/USD 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 7.66 8.03 8.41 8.97 8.77 8.20 8.16 7.89 8.68 9.48 10.11 Year INR/USD 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 11.36 12.34 12.60 12.95 13.91 16.21 17.50 22.72 28.14 31.26 31.39 Year INR/USD 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 32.43 35.52 36.36 41.33 43.12 45.00 47.23 48.62 46.60 45.28 44.01 Year INR/USD 2006 2007 2008 2009 2010 2011 45.17 41.20 43.41 48.32 45.65 46.61

Average annual currency exchange rate for the Indian Rupee (Rupees per U.S. Dollar) is shown in this table: 1973 to present

Current analysis and forecast: ind vs usd Market Commentary 10106 May, 2012 Data: The 12 month forecast for the Indian Rupee is in the table at the top of this page. Forecast-Chart.com is forecasting that the exchange rate for the Indian Rupee will be roughly 57.59 Indian Rupees to the USD. The table shows a HDTFA of 4.12 which suggests that the June, 2013 currency exchange rate could easily fall between 61.71 and 53.47 INR/USD. Links to Forecasts for fourteen other currencies may be found on the left side of this page. All data and calculations on this page are based on the average daily rate per calendar month for INR/USD HISTORICAL EXCHANGE RATE SUMMARY: INR/USD Average (Last 12 Months) 49.25 Average (Last 10 Years) 45.59 High (Last 12 Months) 54.33 (May, 2012) Low (Last 12 Months) 44.40 (July, 2011) High (Since January, 1973) 54.33 (May, 2012) Low (Since January, 1973) 7.27 (June, 1973) The Indian Rupee exchange rate for May, 2012 averaged 54.33 INR to USD. That's 264.0 basis points higher than the April, 2012 rate of 51.69, and 943

basis points higher than the May, 2011 rate of 44.90. The rise in the INR/USD exchange rate from April to May provides evidence that the short term trend in INR/USD is up. In other words, a strengthening of the US Dollar against the Indian Rupee in the short term. If that trend continues in the currency market, we should see an average daily rate in June, 2012 that is close to 56.97. The average Indian Rupee conversion rate over the last 12 months was 49.25. The average rate over the last 10 years was 45.59. A higher Indian Rupees to US Dollars exchange rate over the last 12 months compared to the average rates over the last 10 years serve as an indicator that the long term trend in INR/USD is up (strengthening US Dollar against the Indian Rupee). The highest currency rate for INR/USD over the last 12 months was 54.33. The lowest was 44.40. The market high was attained in May, 2012. The market low was achieved in July, 2011. Forecast-Chart.com's historical research covers Indian Rupee data back to January, 1973. The average exchange value during that period of history was 26.94 INR/USD. The highest rate was 54.33. The lowest was 7.27. The market high was attained in May, of 2012. The market low was achieved in June of 1973. Recent rates experienced in May of 2012 are high relative to the historical 26.94 average. This page provides a five year chart and a forecast for the Indian Rupee. For links to longer term charts, look at the links under the five year chart (above). One link opens a ten year chart. Another opens our longest term graph on the Indian Rupee. Just one glance at our long term charts can provide tremendous insight into the historical trends of the financial markets. The table above presents additional historical information on the Indian Rupee. Rate data is presented on an annual basis. In this site, you may view the month, year, five & ten year appreciation rates for 15 foreign currencies in one convenient table. Click the Market Trend Research link in the uppermost left corner of any page in this site. The table of contents for Market Trend Research will open. In the table of contents, click the link titled: Strength of the U.S. Dollar.