Indian Overseas Bank Exchange Rates Today (INR Buy & Sell)

Indian Overseas Bank foreign exchange board rates: 1 USD = 94.4800 buy / 95.0500 sell INR. 15 currencies compared with the Reserve Bank of India official rate, read hourly, free JSON API.

Retail board rates. These are the prices Indian Overseas Bank displayed on its own rates page when we last read it. They are indicative, change through the day, and are not official rates. For the reference rate, see the Reserve Bank of India.

About Indian Overseas Bank

www.iob.bank.in

Indian Overseas Bank was founded in 1937 specifically to handle foreign exchange and overseas banking, and it still publishes a detailed daily board. Its page is one of the few that prints a unit column, so the currencies quoted per hundred units are unambiguous.

Latest board, read 17 Oct 2026, 01:39 India time (0h ago)

Board shown: Telegraphic transfer. Banks outside the Gulf publish several boards for the same currency — counter notes, drafts, transfers, cards — and this page shows one of them, the same one for every bank in India so the comparison is like for like. The others are on the bank’s own page.

Currency Bank buys at Bank sells at Mid Spread Official
2026-10-16
Mid vs official
USD 94.4800 95.0500 94.7650 0.60% 95.0194 -0.27%
EUR 105.84 106.90 106.37 1.00% 106.70 -0.31%
GBP 125.45 126.71 126.08 1.00% 126.41 -0.26%
LKR 0.2839 0.2882 0.2861 1.50% — —
JPY 0.5967 0.6033 0.6000 1.10% 0.6018 -0.30%
CHF 113.97 115.23 114.60 1.10% — —
CAD 66.4500 67.1900 66.8200 1.11% — —
AUD 65.4200 66.1400 65.7800 1.09% — —
AED 25.6000 25.9800 25.7900 1.47% 25.8703 -0.31%
DKK 14.1400 14.3000 14.2200 1.13% — —
HKD 12.0000 12.1400 12.0700 1.16% — —
NOK 9.9600 10.0700 10.0150 1.10% — —
NZD 53.2700 53.8600 53.5650 1.10% — —
SEK 9.4800 9.5800 9.5300 1.05% — —
SGD 73.5000 74.3200 73.9100 1.11% — —

All values are INR per 1 unit of the currency. Spread = (sell − buy) ÷ mid. Average spread across the board: 1.11%. Official = Reserve Bank of India rate for 2026-10-16.

JSON API

curl "https://allratestoday.com/api/open/bank-rates/in/iob"          # full board
curl "https://allratestoday.com/api/open/bank-rates/in/iob?ccy=INR"  # one currency

Keyless, CORS-open, cached 15 minutes at the edge, attribution required. Every response carries captured_at, the bank’s own stamp where it prints one, and the disclaimer above.

Frequently asked questions

Is the Indian Overseas Bank rate the official India exchange rate?

No. Indian Overseas Bank sets its own buying and selling rates and changes them through the day. The official rate is published once per business day by the Reserve Bank of India; it is shown in the Official column and is the figure accounting, tax and customs rules refer to.

Which Indian Overseas Bank rate applies when I send money abroad?

The sell rate: you are buying foreign currency from the bank. When you convert foreign currency into INR, the buy rate applies. Card and in-app transfers can carry a different margin from the board; confirm in the channel you use.

How current is this table?

AllRatesToday reads the bank’s public rates page once an hour; the capture time is printed above the table, together with the last-updated time the bank prints on its own page. Rates may have changed since.