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Best Exchange Rates

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Compare CAD to INR foreign transfers

Use our comparison table to find the best exchange rates for Indian Rupee foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$CAD
₹INR

Compare Deals
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

1 CAD = 54.0872 INR

This is the current CAD-INR mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market CAD-INR exchange rate.

3 Month Chart
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Currency news and forecasts for Canadian Dollar and Indian Rupee

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison 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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