What is the SBI TTBR rate?

The Telegraphic Transfer Buying Rate — the rate at which State Bank of India buys foreign currency. Rule 115 of the Income-tax Rules makes it the exchange rate for converting foreign income and assets to INR in Indian tax returns, including every value in Schedule FA.

Which date's TTBR rate do I use for Schedule FA?

The exact event date: acquisition (vest/purchase) date for initial value, December 31 for closing balance, the credit date for dividends, the sale date for proceeds. Rule 26's preceding-month rate is for salary TDS only — not Schedule FA.

What if my date falls on a weekend or bank holiday?

SBI publishes no rate on non-working days. Use the rate from the nearest preceding working day — this lookup does that automatically.

SBI TTBR Rate — USD/INR Lookup & History

The SBI Telegraphic Transfer Buying Rate is the exchange rate Rule 115 requires for every INR value in Schedule FA. Look up the rate for any date since 1998, free.

Latest SBI TTBR · USD/INR

₹94.70

as of 05 Jul 2026
nearest preceding working day

Look up the rate for a date

Weekend or holiday? You'll get the nearest preceding working day's rate, as Rule 115 requires. One date per lookup.

December 31 rates — for Schedule FA closing balances

The Table A2/A3 closing balance converts at the SBI TTBR on December 31 of the calendar year you're reporting.

Date	SBI TTBR (₹ per USD)
31 Dec 2025	₹89.47
31 Dec 2024	₹85.20
31 Dec 2023	₹82.78
31 Dec 2022	₹82.30
31 Dec 2021	₹74.05

Month-end rates — 2025 to 2026

Useful for approximating peak-balance months. For acquisition dates (vests, ESPP purchases), use the exact-date lookup above.

Month end	SBI TTBR (₹ per USD)
30 Jun 2026	₹93.95
31 May 2026	₹94.60
30 Apr 2026	₹94.60
31 Mar 2026	₹93.15
28 Feb 2026	₹90.56
31 Jan 2026	₹91.35
31 Dec 2025	₹89.47
30 Nov 2025	₹88.95
31 Oct 2025	₹88.20
30 Sep 2025	₹88.35
31 Aug 2025	₹87.70
31 Jul 2025	₹87.15
30 Jun 2025	₹85.10
31 May 2025	₹85.10
30 Apr 2025	₹84.25
31 Mar 2025	₹85.10
28 Feb 2025	₹86.95
31 Jan 2025	₹86.20

Why this rate, and why the exact date

Rule 115 of the Income-tax Rules, 1962 fixes the exchange rate for foreign income and assets: the SBI telegraphic transfer buying rate on the date of the event. For Schedule FA that means the vest or purchase date for each lot's initial value, December 31 for closing balances, and the credit or sale date for income and proceeds. The commonly-confused Rule 26 — last day of the preceding month — applies to salary TDS, not Schedule FA. Full explanation in our Rule 115 guide.

FAQ

The rate at which SBI buys foreign currency via telegraphic transfer. Rule 115 makes it the mandatory conversion rate for foreign assets and income in Indian tax returns.

The exact event date — vest/purchase for initial value, Dec 31 for closing balance, credit date for dividends, sale date for proceeds.

Use the nearest preceding working day's rate — the lookup above handles this automatically.

Need the rate for every lot you hold?

Upload your Fidelity or Schwab CSVs — the Schedule FA generator fetches the exact-date TTBR for every acquisition automatically and computes all Table A2/A3 values.

Generate Schedule FA with auto rates →

Related guides

Rates sourced from State Bank of India's published daily forex rates. Informational only — verify critical values against SBI's official publication. Consult a chartered accountant for your situation.