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How to send money to Latvia from India with the best INR-EUR rate

Compare the best ways to send money from India to Latvia. Find the cheapest, fastest, and most reliable providers with the best INR to EUR exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Latvia from India.

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June 29th, 2025
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Best money transfer companies

Send money from India to Latvia

Last updated: Today
Mid-market rate as of 06/29/2025: 1 INR = 0.009979 EUR
Results below are based on a 600000 INR search
0 of 3 providers
Sponsored
Wise
Recipient gets (EUR)
€5,919.99
Full transfer details
Visit Wise
€112 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (EUR)
€5,969.44
Full transfer details
Visit TorFx
€162 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
Live Rates
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Rate match guarantee (T&Cs apply)
1
TorFx
Recipient gets (EUR)
€5,969.44
Full transfer details
Visit TorFx
€162 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
2
Currencies Direct
Recipient gets (EUR)
€5,952.00
Full transfer details
Visit Currencies Direct
€144 better than a typical bank*

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Personal account manager
Multi-currency card
Receive to bank account
3
Wise
Recipient gets (EUR)
€5,919.99
Full transfer details
Visit Wise
€112 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Mid-market rate updates every 60 minutes
Sponsored
Wise
Recipient gets (EUR)
€5,919.99
Full transfer details
Visit Wise
€112 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (EUR)
€5,969.44
Full transfer details
Visit TorFx
€162 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad

Best way to send: Wise

Wise is our top pick for sending INR to EUR.

We tested & reviewed 3 money transfer companies offering services between India and Latvia, and Wise scored highly.

Sending 600,000 INR to Euros will cost you ₹7094.29 in fees, and you will receive 5,919.99 EUR. The delivery time is next day.

So for a great mix of cost, speed & features, make your India to Latvia transfer using Wise.

Wise is the top rated company for sending money from India (INR) to Latvia (EUR) - Wise Screenshot

How to compare deals on India to Latvia money transfers

Summary of recent searches

Top rated for transfers from India to Latvia
Wise
Total number of IN - LV providers
3
Average cheapest fees & rate
TorFx
Average fastest transfer
TorFx
Average transfer time
Within minutes
Best for bank transfers
TorFx

What to consider ahead of money transfers from India to Latvia

1
Compare providers

Comparing based on your specific needs is the best way to send money from India to Latvia with confidence.

Our analysis, and search results, include 3 providers that operate between India and Latvia. These are ranked by speed, overall cost and ease of use.

Through this, you get a comprehensive view of all the options you have in India when you need to send money to Latvia.

2
Understand the Indian Rupee-Euro exchange rate
3
Choose the right payment method
4
Use providers regulated in India and Latvia
5
Consider transfer limits
6
Receiving money in Latvia
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to transfer money from India to Latvia: TorFx

TorFx offers the lowest cost transfers between India and Latvia out of the 3 providers compared.

Our data shows TorFx is 0.29% cheaper than the second-best option. The company offers a fee of 0 INR and an exchange rate between INR and EUR that is 0.3% different to the mid-market rate.

For a cheap way to send INR to Latvia, TorFx is a great all round choice.

TorFx is the cheapest way to send money from India (INR) to Latvia (EUR) - TorFx Screenshot 1
TorFx is the cheapest way to send money from India (INR) to Latvia (EUR) - TorFx Screenshot 2

Fastest company to send money to Latvia from India: TorFx.

We compared 3 companies for fast transfers from Indian Rupees to Latvia and TorFx came out on top.

Right now, if you are sending ₹600,000 with TorFx to Latvia, the transfer time is minutes - 24 hours. This can vary depending on your needs, but it's the fastest option.

Sending money through TorFx to Latvia from India has a fee of 0 INR.

To understand who was the fastest, we tested TorFx as part of 3 money transfer providers. Within this, we looked at the overall speed of sending money from India to Latvia. This was made up of transfer times to Latvia after Indian Rupees were added to a money transfer account.

When fast money transfers between India and Latvia are a priority, TorFx is our recommended choice.

TorFx is the fastest way to send money from India (INR) to Latvia (EUR) - TorFx Screenshot 1
TorFx is the fastest way to send money from India (INR) to Latvia (EUR) - TorFx Screenshot 2

Transfer a large amount of money

To transfer large sums of money from India to Latvia, opt for a provider with a competitive exchange rate and hands on management.

Wise is the strongest option for large transfers of the
3 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from India to Latvia can become expensive through your bank or with the wrong provider.

Our data shows Wise as the best choice for sending large sums of money to Latvia from India.

Understanding the costs involved when moving money from India to Latvia

The total cost of sending money to Latvia from India is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for INR-EUR is 0.01 EUR per Indian Rupee.

Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Euro for your Indian Rupees.

The INR-EUR mid-market rate over the last 7 days has seen the Indian Rupee worth an average 0.01 EUR. Within this there has been a high of 0.01, and a low of 0.01.

From 3 companies compared, Wise offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting INR to EUR.

Fees: When sending money there may be additional fees. TorFx offers the lowest fee of the 3 providers tested, costing justs 0 INR per transfer.

Amount Received: When comparing providers, the best measure is the amount of Euro eventually received in Latvia.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in Latvia, means a better overall cost of sending money from India.

Tracking the exchange rate for Indian Rupee to Euro

Getting a better exchange rate between INR and EUR can make a huge difference to the overall cost of sending money.

Mid-market Rate
1 
=
0.009979 
EUR

Over the last 7 days, between India and Latvia, the average numbers are:

  • INR to EUR saw an average 0.01 EUR mid-market rate.

  • The highest point was 0.01 EUR, while the lowest was 0.01 EUR.

  • 3 providers are currently offering transfers between India and Latvia.

Want to secure the best INR-Euro exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Latvia!

Funding your India to
Latvia transfer

  • Bank transfers

    The default option for sending money from India to Latvia is often a bank transfer.

    Using a money transfer company, such as TorFx for transfers from India to Latvia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    From the 3 we tested, the cheapest provider for bank transfers from INR to Latvia is TorFx.

    With a fee of INR0 to send money from India to Latvia, TorFx offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from India to Latvia with a prepaid or debit card is easy with .


    is a leader in accepting card payments for transfers between India and Latvia.

  • Credit cards

    When it comes to international credit card transfers from India to Latvia, we recommend comparing your options to get the best deal.

    Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Latvia and India.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from India to Latvia.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to EUR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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