RemitFee

TT Buying · TT Selling · updated 7 Oct 2026

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State Bank of India Forex Rates Today

The telegraphic-transfer (TT) rates State Bank of India applies to SWIFT remittances — TT Selling when you send money abroad, TT Buying when you receive it — for all 21 currencies it quotes, with the change since earlier refreshes and a 90-day trend. Forex-card and cash rates are different columns and are not shown.

Source: SBI Forex Card Rates (PDF). INR per 1 unit.

USD · TT Selling

₹97.0500

+0.7000 since 28 Sep

GBP · TT Selling

₹129.4300

+0.9500 since 28 Sep

EUR · TT Selling

₹109.8500

−0.7500 since 28 Sep

AED · TT Selling

₹26.9700

+0.1900 since 28 Sep

Full rate sheet

Spread = how much higher the selling rate is than the buying rate — the bank's round-trip margin. Change compares today's TT Selling with the last refresh at least a week earlier.

Currency TT Selling TT Buying Spread Change 90 days
USD · US Dollar 97.0500 96.2000 0.88% +0.73% since 28 Sep State Bank of India USD TT selling rate, last 90 days
EUR · Euro 109.8500 107.1500 2.52% −0.68% since 28 Sep State Bank of India EUR TT selling rate, last 90 days
GBP · Pound Sterling 129.4300 126.5600 2.27% +0.74% since 28 Sep State Bank of India GBP TT selling rate, last 90 days
AUD · Australian Dollar 68.5000 66.1600 3.54% −0.07% since 28 Sep State Bank of India AUD TT selling rate, last 90 days
CAD · Canadian Dollar 68.7000 67.1400 2.32% +0.19% since 28 Sep State Bank of India CAD TT selling rate, last 90 days
CHF · Swiss Franc 117.8600 114.0500 3.34% +0.21% since 28 Sep State Bank of India CHF TT selling rate, last 90 days
NZD · New Zealand Dollar 55.2600 53.0400 4.19% −0.45% since 28 Sep State Bank of India NZD TT selling rate, last 90 days
SGD · Singapore Dollar 76.4600 74.6100 2.48% +0.63% since 28 Sep State Bank of India SGD TT selling rate, last 90 days
HKD · Hong Kong Dollar 12.4100 12.2200 1.55% +0.73% since 28 Sep State Bank of India HKD TT selling rate, last 90 days
JPY · Japanese Yen 0.6165 0.6034 2.17% +0.29% since 28 Sep State Bank of India JPY TT selling rate, last 90 days
THB · Thai Baht 2.9400 2.6000 13.08% +0.34% since 28 Sep State Bank of India THB TT selling rate, last 90 days
AED · UAE Dirham 26.9700 25.6700 5.06% +0.71% since 28 Sep State Bank of India AED TT selling rate, last 90 days
SAR · Saudi Riyal 27.2700 24.5100 11.26% +1.00% since 28 Sep State Bank of India SAR TT selling rate, last 90 days
OMR · Omani Rial 258.4500 244.4400 5.73% +1.08% since 28 Sep State Bank of India OMR TT selling rate, last 90 days
BHD · Bahraini Dinar 271.2300 242.7100 11.75% +0.91% since 28 Sep State Bank of India BHD TT selling rate, last 90 days
KWD · Kuwaiti Dinar 320.3000 304.0600 5.34% +0.39% since 28 Sep State Bank of India KWD TT selling rate, last 90 days
QAR · Qatari Riyal 27.2000 25.8700 5.14% −2.68% since 28 Sep State Bank of India QAR TT selling rate, last 90 days
DKK · Danish Krone 14.6300 14.4000 1.60% −0.75% since 28 Sep State Bank of India DKK TT selling rate, last 90 days
NOK · Norwegian Krone 10.1700 10.0300 1.40% +0.20% since 28 Sep State Bank of India NOK TT selling rate, last 90 days
SEK · Swedish Krona 9.7100 9.5700 1.46% −0.31% since 28 Sep State Bank of India SEK TT selling rate, last 90 days
ZAR · South African Rand 5.9700 5.6800 5.11% −0.83% since 28 Sep State Bank of India ZAR TT selling rate, last 90 days

1 unit to INR at State Bank of India today

  • 1 USD to INR at State Bank of India: ₹97.0500 when you send (TT Selling), ₹96.2000 when you receive (TT Buying). ₹1,00,000 buys 1030.40 USD before charges; USD 1,000 received is credited as ₹96,200 before GST.
  • 1 GBP to INR at State Bank of India: ₹129.4300 when you send (TT Selling), ₹126.5600 when you receive (TT Buying). ₹1,00,000 buys 772.62 GBP before charges; GBP 1,000 received is credited as ₹1,26,560 before GST.
  • 1 EUR to INR at State Bank of India: ₹109.8500 when you send (TT Selling), ₹107.1500 when you receive (TT Buying). ₹1,00,000 buys 910.33 EUR before charges; EUR 1,000 received is credited as ₹1,07,150 before GST.
  • 1 AED to INR at State Bank of India: ₹26.9700 when you send (TT Selling), ₹25.6700 when you receive (TT Buying). ₹1,00,000 buys 3707.82 AED before charges; AED 1,000 received is credited as ₹25,670 before GST.
  • 1 SGD to INR at State Bank of India: ₹76.4600 when you send (TT Selling), ₹74.6100 when you receive (TT Buying). ₹1,00,000 buys 1307.87 SGD before charges; SGD 1,000 received is credited as ₹74,610 before GST.
  • 1 CAD to INR at State Bank of India: ₹68.7000 when you send (TT Selling), ₹67.1400 when you receive (TT Buying). ₹1,00,000 buys 1455.60 CAD before charges; CAD 1,000 received is credited as ₹67,140 before GST.
  • 1 AUD to INR at State Bank of India: ₹68.5000 when you send (TT Selling), ₹66.1600 when you receive (TT Buying). ₹1,00,000 buys 1459.85 AUD before charges; AUD 1,000 received is credited as ₹66,160 before GST.

USD rate trend at State Bank of India

Over the last 21 refreshes (from 9 Jul) State Bank of India's USD TT Selling rate ranged from ₹95.5000 to ₹97.0500, and is +1.5500 (+1.62%) since 1 Sep.

State Bank of India USD TT selling and TT buying rates, last 90 days9 Jul: TT Selling ₹95.8500 · TT Buying ₹95.000010 Jul: TT Selling ₹95.7100 · TT Buying ₹94.860016 Jul: TT Selling ₹96.7100 · TT Buying ₹95.860020 Jul: TT Selling ₹96.8500 · TT Buying ₹96.000029 Jul: TT Selling ₹96.1500 · TT Buying ₹95.300031 Jul: TT Selling ₹95.8500 · TT Buying ₹95.00001 Aug: TT Selling ₹95.8800 · TT Buying ₹95.03004 Aug: TT Selling ₹95.8100 · TT Buying ₹94.96007 Aug: TT Selling ₹95.5700 · TT Buying ₹94.720024 Aug: TT Selling ₹96.1500 · TT Buying ₹95.30001 Sep: TT Selling ₹95.5000 · TT Buying ₹94.650011 Sep: TT Selling ₹96.1500 · TT Buying ₹95.300014 Sep: TT Selling ₹96.1500 · TT Buying ₹95.300021 Sep: TT Selling ₹96.4000 · TT Buying ₹95.550023 Sep: TT Selling ₹96.1000 · TT Buying ₹95.250024 Sep: TT Selling ₹96.3000 · TT Buying ₹95.450028 Sep: TT Selling ₹96.3500 · TT Buying ₹95.50001 Oct: TT Selling ₹96.6000 · TT Buying ₹95.75005 Oct: TT Selling ₹96.7000 · TT Buying ₹95.85006 Oct: TT Selling ₹96.7600 · TT Buying ₹95.91007 Oct: TT Selling ₹97.0500 · TT Buying ₹96.200097.0594.659 Jul7 Oct
TT Selling (when you send)TT Buying (when you receive)21 refreshes · INR per 1 USD · hover a point for its values

How far from the mid-market rate?

The mid-market rate is what Google shows. Banks quote a margin on each side of it; this table computes State Bank of India's margin from today's card rate and a live mid-market feed.

Compare with other banks

Today's TT Selling rate (INR per 1 unit) at every bank RemitFee tracks. A lower selling rate means more foreign currency for the same rupees.

Bank USDGBPEURAED
State Bank of India 97.0500129.4300109.850026.9700
HDFC Bank 98.3500131.4700110.790027.1300
ICICI Bank 98.1100131.4200110.890027.1600
Indian Overseas Bank 96.8900128.4900108.980026.4800
Kotak Mahindra Bank 98.3400130.7700110.990027.3200
Axis Bank 98.4500131.5500110.780027.1600

FAQ — State Bank of India forex rates

What is the TT buying rate at State Bank of India?

The TT (telegraphic transfer) buying rate is what State Bank of India pays you per unit of foreign currency when it converts an inward remittance into rupees. Today it is ₹96.20 per USD (sheet dated 7 Oct 2026). It sits below the mid-market rate; the gap is the bank's margin on receiving money, which never appears as a fee line on your statement.

What is the TT selling rate at State Bank of India?

The TT selling rate is what State Bank of India charges per unit of foreign currency when you send money abroad by SWIFT wire. Today it is ₹97.05 per USD (sheet dated 7 Oct 2026). It sits above the mid-market rate; that margin is the biggest single cost of most bank remittances, ahead of commission, SWIFT charges and GST.

Why is State Bank of India's rate different from the Google rate?

Google shows the mid-market (interbank) rate, which no retail customer gets. State Bank of India publishes a card rate with a margin on each side — typically 1–2% at Indian banks. The "vs mid-market" table on this page computes today's margin live so you can see exactly how much the rate costs you on top of the visible fees.

How often does State Bank of India update its forex rates?

State Bank of India publishes a fresh card rate every forex working day, usually in the morning, and can revise it during the day when the market moves. RemitFee records the published rate on each refresh (sheet dated 7 Oct 2026) and keeps the history behind the trend charts; the rate applied to your transfer is the one in force at the moment of debit.

Are these the same rates State Bank of India uses for forex cards and cash?

No. TT rates apply to wire remittances (SWIFT / telegraphic transfer). Forex card loads, currency notes and traveller's cheques are quoted in separate columns of the same sheet and are usually worse for the customer. RemitFee shows the TT columns only, because they are what an outward or inward remittance is converted at.

Does GST apply to State Bank of India's exchange rate?

GST is not charged on the rate itself. Instead, 18% GST is levied on a notional currency-conversion value fixed by slab under CGST Rule 32(2)(b) — a few hundred rupees on a typical transfer — and it appears as a separate line on the State Bank of India charges page. The rate you see here is the gross conversion rate before that GST line.

Where do these State Bank of India rates come from?

From State Bank of India's own published sheet — SBI Forex Card Rates (PDF) (https://sbi.bank.in/documents/16012/1400784/FOREX_CARD_RATES.pdf), read on every refresh. All rates are shown per 1 unit of foreign currency. If a currency is missing on a given day, the previous day's value is kept rather than zeroed.

What the rate costs you in practice