TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 25, 5:00 PM EST
Kalshi
This set of markets tracks the performance of the USD to INR exchange rate at a specific future moment. Each market evaluates whether the rate surpasses a particular threshold, offering insights into potential currency value movements.
All markets resolve based on the USDINR exchange rate's opening candlestick value at 5pm ET on September 25, 2026, as published by Pyth. Each market has a unique threshold; if the rate is above its specified level at that time, the market resolves to Yes, otherwise to No. Data is rounded to four decimal places. If Pyth does not publish data at exactly 5pm ET, the most recent available value before that time will be used. Post-expiration revisions to the exchange rate do not affect the resolution.
Generally, prediction market prices often incorporate a wider range of information than traditional analyst forecasts. While analysts rely on economic models and published data, this market reflects the collective judgment of a diverse group of traders who may consider factors not captured in standard analyses. It’s common to see prediction markets outperform polls or expert opinions, as they dynamically adjust to new information and changing conditions. However, it's important to remember that both prediction markets and analyst forecasts are imperfect predictors of the future.
On Kalshi, this market is priced through a continuous double auction, where traders submit bids and asks for contracts representing different potential USDINR exchange rates. The current price reflects the point at which buyers and sellers agree. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price movement is driven by supply and demand, with higher prices indicating a greater expectation that the USDINR exchange rate will be at or above that level at the specified time. Traders are constantly adjusting their positions based on new information and their own assessments of the market.
This market resolves around Sep 25, 2026, with the outcome confirmed once the USDINR exchange rate is verifiable from credible public reporting. The final price will be determined by the exchange rate at 5:00 PM EDT on September 25th, as reported by a recognized financial data provider. Traders will then be paid out based on whether their contracts predicted a price above or below the actual resolved rate. The market's resolution is designed to be objective and based on publicly available data.
Several factors could significantly impact this market before Sep 25, 2026. Major economic data releases from the United States or India, such as inflation reports, GDP figures, or employment numbers, could trigger price movements. Unexpected geopolitical events, changes in monetary policy by the Federal Reserve or the Reserve Bank of India, or shifts in global risk sentiment could also influence the USDINR exchange rate. Furthermore, large currency interventions by either country's central bank could have a substantial effect on the market.