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    CAD to INR Forecasts

    Analysis of recent loonie→rupee forecasts. We collate forecasts from respected FX analysts together with the latest CAD to INR performance and trends.


    Forecasts for CAD to INR

    CADINR chart

    Based on recent exchange rate analyst forecasts and currency market updates, the CAD to INR exchange rate is expected to face several factors influencing its direction. The Canadian dollar has been struggling against the US dollar due to the risk-on and risk-off environments in financial markets, rather than fundamental factors in the US and Canada. Continued housing price declines and adverse wealth effects may put additional pressure on the Canadian dollar in 2023. On the other hand, the Indian rupee has been steadily weakening against the US dollar due to concerns about rising energy prices, which could lead to inflation and potential interest rate hikes. The announcement of the surprise OPEC+ cut to oil production in April 2023 further affected the rupee.

    In terms of recent price data, the CAD to INR exchange rate is currently trading near its three-month average at 61.65, having remained within a stable range of 60.65 to 62.56, indicating relatively steady movement. It is important to note that as Canada is a major oil exporter, the CAD can be influenced by oil price movements. The recent Brent Crude OIL/USD price data shows that oil prices are currently 11.7% above their three-month average at 95.38, having experienced high volatility within a range of 72.26 to 96.61.

    Given these factors, it is crucial for individuals and businesses involved in CAD to INR transactions to closely monitor oil price trends, economic developments, and any announcements relating to interest rate changes in both countries. This will enable them to make informed decisions regarding their currency exchange and international transactions.

    Compare & Save - Canadian dollar to Indian rupee

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

    Use our CAD to INR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on loonie to rupee currency rates and the possible savings of using various providers.

    @bestfxrates : FX analysts forecast varied influences on the CAD to INR exchange rate. CAD struggles due to risk environments & housing price declines in 2023. Meanwhile, INR weakens due to rising energy prices & potential interest rate hikes. Currently, CAD to INR trades near a 3-month average of 61.65. Monitor oil trends & economic developments for informed decisions in international transactions. #CADINR #Forex #FX

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    CAD to INR Market Data

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

    1 CAD =
    61.20We compare provider deals to this wholesale mid-market rate. Read more
    CAD to INR is at 14-day lows near 61.20, just 0.7% below its 3-month average of 61.64, having traded in a very stable 3.1% range from 60.65 to 62.56
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    15 Sep 2023
    0.3% 2 Week
    01 Jul 2023
    1.2% 3 Month
    29 Sep 2022
    2.8% 1 Year
    30 Sep 2018
    8.4% 5 Year
    01 Oct 2013
    1% 10 Year
    04 Oct 2003
    81.5% 20 Year
    CAD/INR historic rates & change to 29-Sep-2023

    Will the Canadian dollar rise against the Indian rupee?

    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 CAD/INR to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.


    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