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INR to AUD Calculator

Indian Rupee to Australian Dollar - Convert Compare Save

INR to AUD mid-rate = 0.019406

Right now the INR/AUD market mid-rate is 0.019406 and represents ideally how many Australian Dollar you can get for one Indian Rupee.

You can calculate equivalent Indian Rupee to Australian Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for INR to AUD transfers or buying AUD travel money.

INR / AUD Converter


₹INR


$AUD
1 Indian Rupee equals
0.019406 Australian Dollar

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

Foreign Transfers

 
 
3 Month INR to AUD Chart
Loading INR/AUD rates

Indian Rupee

Australian Dollar

1 INR 0.0194 AUD
5 INR 0.0970 AUD
10 INR 0.1941 AUD
20 INR 0.3881 AUD
50 INR 0.9703 AUD
100 INR 1.9406 AUD
250 INR 4.8515 AUD
500 INR 9.7030 AUD
1,000 INR 19.41 AUD
2,000 INR 38.81 AUD
5,000 INR 97.03 AUD
10,000 INR 194.06 AUD
50,000 INR 970.30 AUD
100,000 INR 1,940.60 AUD
See more

Indian Rupee

Australian Dollar

51.53 INR 1 AUD
257.65 INR 5 AUD
515.30 INR 10 AUD
1,030.61 INR 20 AUD
2,576.52 INR 50 AUD
5,153.03 INR 100 AUD
12,882.58 INR 250 AUD
25,765.15 INR 500 AUD
51,530.30 INR 1,000 AUD
103,060.60 INR 2,000 AUD
257,651.50 INR 5,000 AUD
515,303.00 INR 10,000 AUD
2,576,515.00 INR 50,000 AUD
5,153,030.00 INR 100,000 AUD
See more

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Indian Rupee to Australian Dollar (INR-AUD) - 10 Year History

The below table shows the historic variation in the INR/AUD 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 INR versus other currencies : INR historical charts.

DateExchange RatePeriod
02 Dec 20180.01941 Week
09 Nov 20180.01911 Month
12 Jun 20180.01966 Months
09 Dec 20170.02071 Year
09 Dec 20160.01992 Years
10 Dec 20130.01795 Years
11 Dec 20080.031010 Years

Best Rates for INR/AUD Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from INR to AUD.

Compare INR to AUD Foreign Transfers vs the Banks

ProvidersAmount AUD($)Exchange RateFee INRTotal CostTransfer SpeedTransfer ServicesReviewsDeal Links
Instarem logo
192.43 AUD0.01924300.75%1-2 daysOnline, Bank Account to Bank Account
 
ICICI Bank
ICICI Bank logo
185.03 AUD0.01869₹1004.56%2-3 daysOnline, Branch, Bank Account to Bank Account
Average Rate:
Banks - Average Rate
Indian Bank logo ICICI Bank logo
184.55 AUD0.018642154.81%2-3 daysOnline, Branch, Bank Account to Bank Account
Indian Bank
Indian Bank logo
184.07 AUD0.018593₹1005.06%2-3 daysOnline, Branch, Bank Account to Bank Account
Instarem: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:0
Exchange Rate:0.019243 (0.75% from mid-rate)
AUD amount:192.43 AUD
Total Cost:0.75%
Time:1:03 Local
Transfer Speed:1-2 days
Services:Online, Bank Account to Bank Account
Rating:
 
: 3.9/5.0
Reviews:
ICICI Bank: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018690 (3.6% from mid-rate)
AUD amount:185.03 AUD
Total Cost:4.56%
Difference:
AUD7.4 AUD less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Indian Bank logo ICICI Bank logo

Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:15
Exchange Rate:0.018225 (6% from mid-rate)
AUD amount:184.55 AUD
Total Cost:4.81%
Difference:
AUD7.88 AUD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Indian Bank: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018593 (4.1% from mid-rate)
AUD amount:184.07 AUD
Total Cost:5.06%
Difference:
AUD8.36 AUD less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/14/2018.
Total Cost = Fee + exchange rate margin vs INR/AUD mid-rate: 0.019388


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

The INR/AUD 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 INR / AUD 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 INR/AUD 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 INR to AUD exchange rate

  1. Know the latest INR/AUD 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, Research and Forecasts for Indian Rupee and Australian Dollar

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 INR vs AUD, you should pay attention to both Indian Rupee and Australian Dollar news and forecasts.

Indian Rupee (INR) - Market news and forecasts

Like other emerging market currencies, the Indian rupee has been under significant pressure in 2018. It made an all-time low in October of 74.5 to the dollar and fell to a 4-1/2-year low versus the euro, which bought 86.15 rupees.

By the time of this report (November-21), the rupee had, though, recovered somewhat, reaching its strongest levels of the fourth quarter. Recoveries worth 5 and 6 percent against the dollar and euro respectively had USD/INR and EUR/INR trading at 70.92 and 80.974.

Among major problems for the rupee in 2018 has been the high price of oil, which raises India’s import bill substantially, but as luck would have it, the oil market has experienced a complete reversal in Q4. A $24 per barrel (30 percent) plunge in the oil price over 7 weeks is a blessing.

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

One analyst said in November that the rupee would likely end 2018 stronger at 68 per US dollar.

Australian Dollar (AUD) - Market news and forecasts

November-26: In the weeks leading up to this report, the Australian dollar was among the best performing global currencies. A broader 2018 view will, though, show a currency that is struggling. The good news is that the Aussie’s prospects for 2019 remain good.

Important for AUD in November was the break of an important technical trendline that demarcated the 2018 downtrend. Between January and late October, the currency lost nearly 14 percent against the US dollar to trade at a 2-1/2-year low of $0.702. It had recovered by the time of this report into the $0.72s. Similar could be said of AUD’s performance against the euro.

Easing trade tensions between the US and China was another big positive for AUD in November.

Inaction on interest rates from the RBA has lended itself to lower AUD exchange rates but this will change next year. The inevitability of higher Australian interest rates will become the narrative in mid-2019, thinks Citibank, and this will drive capital into AUD and force its price up to $0.77. CIBC expressed a similar view in November, albeit with a slightly lower mid-19 forecast of $0.76.


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