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CAD/INR - Convert Compare Save

Canadian Dollar to Indian Rupee exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Canadian Dollar to Indian Rupee exchange rate, has news, forecasts and CAD to INR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CAD/INR Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/INR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

CAD to INR International Money Transfers

  

Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee CADTotal CostDeal Links
OFX logo
510,700 INR
Best Overall
51.070^2.93%
TD Canada Trust logo
501,039 INR
9,661 INR
50.61C$1004.76%
HSBC logo
499,949 INR
10,751 INR
50.07C$154.97%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
496,703 INR
13,997 INR
50.09155.59%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
496,188 INR
14,512 INR
50.12C$1005.69%
Scotiabank logo
495,693 INR
15,007 INR
50.07C$1005.78%
Royal Bank of Canada logo
490,644 INR
20,056 INR
49.56C$1006.74%
 
OFX: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:51.07 (2.93% from mid-rate)
INR amount:510,700 INR
Total Cost:2.93%
Time:
Rate Fetched: Mon Jul 22 2019 16:05:49 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:50.61 (3.8% from mid-rate)
INR amount:501,039 INR
Total Cost:4.76%
Difference:
9,661 INR less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:C$15 CAD (.15%)
Exchange Rate:50.07 (4.83% from mid-rate)
INR amount:499,949 INR
Total Cost:4.97%
Difference:
10,751 INR less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:49.98 (5% from mid-rate)
INR amount:496,703 INR
Total Cost:5.59%
Difference:
13,997 INR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:50.12 (4.73% from mid-rate)
INR amount:496,188 INR
Total Cost:5.69%
Difference:
14,512 INR less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:50.07 (4.83% from mid-rate)
INR amount:495,693 INR
Total Cost:5.78%
Difference:
15,007 INR less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:49.56 (5.8% from mid-rate)
INR amount:490,644 INR
Total Cost:6.74%
Difference:
20,056 INR less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 07/22/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount INR(₹)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
50,770 INR
Best Overall
50.77$03.5%
Royal Bank of Canada logo
49,650 INR
1,120 INR
49.6505.63%
TD Canada Trust logo
49,140 INR
1,630 INR
49.1406.6%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
49,018 INR
1,752 INR
49.35C$106.83%
Scotiabank logo
48,265 INR
2,505 INR
49.25C$208.26%
Travelex Online CA: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:50.77 (3.5% from mid-rate)
INR amount:50,770 INR
Total Cost:3.5%
Time:
Rate Fetched: 18:03 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:
Exchange Rate:49.65 (5.63% from mid-rate)
INR amount:49,650 INR
Total Cost:5.63%
Time:18:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:
Exchange Rate:49.14 (6.6% from mid-rate)
INR amount:49,140 INR
Total Cost:6.6%
Time:18:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:C$10 CAD (1%)
Exchange Rate:46.03 (12.51% from mid-rate)
INR amount:49,018 INR
Total Cost:6.83%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logoScotiabank

Scotiabank: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:C$20 CAD (Minimum fee)
Exchange Rate:49.25 (6.39% from mid-rate)
INR amount:48,265 INR
Total Cost:8.26%
Time:18:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/22/2019 - See full table

CAD to INR interbank exchange rate = 52.5466

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that it is more difficult (but not impossible) to purchase the currency before departure and may need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees. Compare Travel Cards

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CAD/INR exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

CAD and INR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs INR, you should pay attention to the recent market trends for both currencies.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR Forecasts.

Why can't I just get the CAD/INR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CAD / INR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all CAD Exchange Rates