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Best Exchange Rates

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CAD to INR - Compare Exchange Rates

Canadian Dollar to Indian Rupee - Convert Compare Save

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

 

Compare CAD/INR Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from CAD to INR. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive INR(₹)Exchange RateFee CADTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
528,000 INR
Best Overall
52.80^2.36%Bank Transfers - Online & Phone1-2 days
 
WorldFirst logo
538,600 INR
10,600 INR
53.8600.4%Bank Transfers - Online & Phone1-2 days
HSBC logo
516,923 INR
11,077 INR
51.77$154.41%Online, Branch, Bank Transfers2-3 days
TD Canada Trust logo
514,998 INR
13,002 INR
52.02$1004.76%Online, Branch, Bank Transfers2-3 days
Coast Capital Savings logo
513,018 INR
14,982 INR
51.82$1005.13%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
512,948 INR
15,052 INR
51.72155.14%Online, Branch, Bank Transfers2-3 days
Scotiabank logo
512,523 INR
15,477 INR
51.77$1005.22%Online, Branch, Bank Transfers2-3 days
 
Royal Bank of Canada logo
507,276 INR
20,724 INR
51.24$1006.19%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:52.8 (2.36% from mid-rate)
INR amount:528,000 INR
Total Cost:2.36%
Time:
Rate Fetched: Sat Feb 23 2019 10:06:34 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:
Exchange Rate:53.86 (0.4% from mid-rate)
INR amount:538,600 INR
Total Cost:0.4%
Difference:
10,600 INR more than using OFX
Time:12:14 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
HSBC: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:$15 CAD (.15%)
Exchange Rate:51.77 (4.26% from mid-rate)
INR amount:516,923 INR
Total Cost:4.41%
Difference:
11,077 INR less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
TD Canada Trust: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:52.02 (3.8% from mid-rate)
INR amount:514,998 INR
Total Cost:4.76%
Difference:
13,002 INR less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Coast Capital Savings: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:51.82 (4.17% from mid-rate)
INR amount:513,018 INR
Total Cost:5.13%
Difference:
14,982 INR less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo

Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:51.37 (5% from mid-rate)
INR amount:512,948 INR
Total Cost:5.14%
Difference:
15,052 INR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Scotiabank: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:51.77 (4.26% from mid-rate)
INR amount:512,523 INR
Total Cost:5.22%
Difference:
15,477 INR less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Royal Bank of Canada: Foreign Transfer CAD→INR
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:51.24 (5.24% from mid-rate)
INR amount:507,276 INR
Total Cost:6.19%
Difference:
20,724 INR less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

The below table shows a snapshot 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 Providers
Ratings & Reviews
Amount INR(₹)Exchange RateFee CADTotal CostCurrency ServicesDelivery/CollectDeal Links
 
Travelex Online CA logo
52,180 INR
Best Overall
52.18$03.5%Online order, Branch pickup, Home delivery2-3 days
 
Royal Bank of Canada logo
51,030 INR
1,150 INR
51.0305.63%Branch-
TD Canada Trust logo
50,510 INR
1,670 INR
50.5106.59%Branch-
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
50,383 INR
1,797 INR
50.72$106.83%Branch-
Scotiabank logo
49,608 INR
2,572 INR
50.62$208.26%Branch-
Travelex Online CA: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:52.18 (3.5% from mid-rate)
INR amount:52,180 INR
Total Cost:3.5%
Time:
Rate Fetched: 12:14 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Royal Bank of Canada: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:
Exchange Rate:51.03 (5.63% from mid-rate)
INR amount:51,030 INR
Total Cost:5.63%
Time:12:14 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
TD Canada Trust: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:
Exchange Rate:50.51 (6.59% from mid-rate)
INR amount:50,510 INR
Total Cost:6.59%
Time:12:14 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo

Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:$10 CAD (1%)
Exchange Rate:47.32 (12.49% from mid-rate)
INR amount:50,383 INR
Total Cost:6.83%
Currency Services:Branch
Delivery/Collect:-
Scotiabank: Travel Money CAD→INR
CAD amount:$1,000 CAD
Fee:$20 CAD (Minimum fee)
Exchange Rate:50.62 (6.39% from mid-rate)
INR amount:49,608 INR
Total Cost:8.26%
Time:12:14 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

CAD to INR mid-rate = 54.0872

Right now the CAD/INR market mid-rate is 54.0872 and represents ideally how many Indian Rupee you can get for one Canadian Dollar.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that you will not be able to purchase the currency before departure and will 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

This CAD/INR Converter calculates equivalent Canadian Dollar to Indian Rupee amounts at the market mid-rate:

CAD / INR mid-rate converter


$CAD


₹INR
1 Canadian Dollar equals
54.0872 Indian Rupee

Compare how much you can save on
CAD/INR exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
1 Week CAD to INR Chart
Loading CAD/INR rates

Canadian Dollar

Indian Rupee

1 CAD 54.09 INR
5 CAD 270.44 INR
10 CAD 540.87 INR
20 CAD 1,081.74 INR
50 CAD 2,704.36 INR
100 CAD 5,408.72 INR
250 CAD 13,521.80 INR
500 CAD 27,043.60 INR
1,000 CAD 54,087.20 INR
2,000 CAD 108,174.40 INR
5,000 CAD 270,436.00 INR
10,000 CAD 540,872.00 INR
50,000 CAD 2,704,360.00 INR
100,000 CAD 5,408,720.00 INR
See more

Canadian Dollar

Indian Rupee

0.0185 CAD 1 INR
0.0924 CAD 5 INR
0.1849 CAD 10 INR
0.3698 CAD 20 INR
0.9245 CAD 50 INR
1.8489 CAD 100 INR
4.6223 CAD 250 INR
9.2445 CAD 500 INR
18.49 CAD 1,000 INR
36.98 CAD 2,000 INR
92.45 CAD 5,000 INR
184.89 CAD 10,000 INR
924.45 CAD 50,000 INR
1,848.90 CAD 100,000 INR
See more

INR Country Guides
IndiaIndia

Canadian Dollar to Indian Rupee (CAD-INR) - 10 Year History

The below table shows the historic variation in the CAD/INR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of CAD versus other currencies : CAD historical charts.

DateExchange RatePeriodChange
22 Feb 201953.9327Latest
15 Feb 201953.85601 Week+0.14%
23 Jan 201953.32661 Month+1.14%
26 Aug 201853.63046 Months+0.56%
22 Feb 201851.09631 Year+5.55%
22 Feb 201750.83662 Years+6.09%
23 Feb 201455.82345 Years-3.39%
24 Feb 200939.948310 Years+35.01%

Why can't I just get the CAD/INR market rate I see on Google or in the Media?

The CAD/INR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the CAD / INR was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market CAD/INR midrate the better deal you are getting.

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

The three things you need in order to get a good CAD to INR exchange rate

  1. Know the latest CAD/INR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Canadian Dollar and Indian Rupee

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the CAD vs INR, you should pay attention to both Canadian Dollar and Indian Rupee news and forecasts.

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

Indian Rupee (INR) - Market news and forecasts

6-January-2019: Like other emerging market currencies, the Indian rupee was under significant pressure in 2018, during which it made an all-time low of ₹74.5 to the dollar and fell to a 4-1/2-year low versus the euro, at ₹86.15.

Following a solid fourth quarter, the rupee had risen by early January 2019 to a 4-month high versus the dollar of ₹69.36 — appreciation worth 7 percent from October’s low — and had recovered similarly versus the euro, to ₹79.29.

Among major problems for the rupee last year was the high price of oil, which raised India’s import bill substantially, but as luck would have it, the oil market experienced a complete reversal in Q4. A $30 per barrel (40 percent) plunge in the oil price was a blessing.

Political uncertainty (never good for a currency’s valuation) is likely to emerge in 2019; expectations are for a tough electoral battle for current Indian prime minister Narendra Modi.

Fitch predicted in January a 2019 year-end exchange rate of ₹75 to the dollar on the basis of further current account deterioration and tighter financing conditions.

Currency News and Forecasts - Canadian Dollar

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