To review quickly, an exchange rate is the rate at which one country's currency can be traded for another country's currency. For example, in the United States, the dollar's strength is often judged in relation to other currencies, such as the Japanese yen, the Swiss franc, and the euro.
12, 000 per month. Those with more than 5 years of work experience makes in the range of Rs. 19, 000-Rs.25, 000 a month. This is the base salary, without bonus and performance incentives.
According to the data, a world citizen's monthly average wage is $1,480 while an Indian citizen's monthly average wage is $295. How India spends. Till now we saw who and how much an Indian family earns, let us take a look at how an Indian family spends the money it earned. The following graphic shows the split of what an average Indian family spends its money on. The information is sourced from a Forbes magazine report.