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Best Send Money to Canada INR/CAD Rates Compared Live

The best INR to CAD exchange rate is 0.016276. Compare foreign transfer and currency exchange rates, find better rates & deals.

INR-CAD Best Exchange Rate Calculator
 

Comparing INR-CAD send money exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Indian rupee (INR) to Canadian dollar (CAD) rates from different sources before making a conversion.

The above Rupee to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest INR-CAD mid-rate (see below) and the possible savings of using another provider.

 
 

INR to CAD Market Data

Indian rupee (INR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 INR =
0.016276We compare provider deals to this wholesale mid-market rate. Read more
CAD
-0.1%
INR to CAD at 0.016288 is just above its 3-month average, having traded in a very stable 3.4% range from 0.015862 to 0.016397
|
Sell INR   →   Buy CAD
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DateINR/CADPeriod
10 Mar 2024
0.0163
2 Week
25 Dec 2023
0.0159
3 Month
25 Mar 2023
0.0168
1 Year
26 Mar 2019
0.0194
5 Year
27 Mar 2014
0.0183
10 Year
29 Mar 2004
0.0298
20 Year
INR/CAD historic rates
 

What are equivalent amounts of INR and CAD?

Here are some popular conversion amounts for INR to CAD (Indian rupee to Canadian dollar)*.

INR CAD
₹ 1 C$ 0.0163
₹ 5 C$ 0.0814
₹ 10 C$ 0.1628
₹ 20 C$ 0.3255
₹ 50 C$ 0.8138
₹ 100 C$ 1.6276
₹ 250 C$ 4.0690
₹ 500 C$ 8.1380
₹ 1,000 C$ 16.28
₹ 2,000 C$ 32.55
₹ 5,000 C$ 81.38
₹ 10,000 C$ 162.76
₹ 20,000 C$ 325.52
₹ 50,000 C$ 813.80
₹ 100,000 C$ 1,628
INR CAD
61.44 C$ 1
307.20 C$ 5
614.40 C$ 10
1,229 C$ 20
3,072 C$ 50
6,144 C$ 100
15,360 C$ 250
30,720 C$ 500
61,440 C$ 1,000
122,880 C$ 2,000
307,200 C$ 5,000
614,400 C$ 10,000
1,228,800 C$ 20,000
3,072,000 C$ 50,000
6,144,000 C$ 100,000

More amounts

*Converted at the current INRCAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for INR to CAD

 

Based on recent exchange rate analyst forecasts and currency market updates, the outlook for the Indian Rupee (INR) to Canadian Dollar (CAD) exchange rate appears to be influenced by several key factors. For the INR, analysts do not anticipate any easing by the Reserve Bank of India until 2024, expecting the USD to INR exchange rate to fluctuate within the 82-84 range. Factors such as elevated US Treasury yields, a weak yuan, and crude oil prices are projected to weigh on the rupee in the short term, although some moderation in these factors may provide support later on.

Read our full review of recent INR to CAD forecasts.

 

How to get a good INR to CAD exchange rate

There are several ways to save on exchange rates when converting Indian rupee to Canadian dollar:

  1. Shop around for the best INR/CAD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the INR/CAD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both INR and CAD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Canadian dollar with Indian rupee, then it's better for the INR/CAD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Indian rupee rise against the Canadian dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add INR/CAD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Canada - a practical currency and money guide to travel, living and doing business in Canada with the Canadian dollar.

 
 
 

Currency Country Guides

IndiaIndia (INR)CanadaCanada (CAD)
 

Here are a few things to consider when sending money to Canada:

  1. Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.

  2. Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.

  3. Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.

    Read more at our Canada (CAD) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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