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INR/AUD - Rate Guide

Indian Rupee to Australian Dollar 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.

 

INR/AUD Exchange Rates and Providers Compared

This guide to the Indian Rupee to Australian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and INR to AUD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the INR/AUD Calculator.

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INR/AUD - 90 Day Rate Alerts

1 INR = 0.020856 AUD

30-DAY HIGHS 14-DAY HIGHS
INR/AUD over the last 90 days

View INR/AUD - Interactive Chart

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 INR/AUD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive AUD(A$)Exchange RateFee INRTotal CostDeal Links
Instarem logo
205.91 AUD0.02059100.75%
ICICI Bank International Money Transfers
ICICI Bank logo
198.00 AUD0.02₹1004.56%
Banks - Average Rate
Indian Bank logo ICICI Bank logo
197.49 AUD0.019948154.81%
Indian Bank International Money Transfers
Indian Bank logo
196.97 AUD0.019896₹1005.06%
 

Instarem logo

Instarem: Foreign Transfer INR→AUD
From Amount:10,000 INR
Fee:0
Exchange Rate:0.020591 (0.75% from mid-rate)
To Amount:205.91 AUD
Total Cost:0.75%
Time:1:04 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
 

ICICI Bank logo

ICICI Bank: Foreign Transfer INR→AUD
From Amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.020000 (3.6% from mid-rate)
To Amount:198.00 AUD
Total Cost:4.56%
Difference:
7.91 AUD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer INR→AUD
From Amount:10,000 INR
Fee:15
Exchange Rate:0.019502 (6% from mid-rate)
To Amount:197.49 AUD
Total Cost:4.81%
Difference:
8.42 AUD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Indian Bank logo

Indian Bank: Foreign Transfer INR→AUD
From Amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.019896 (4.1% from mid-rate)
To Amount:196.97 AUD
Total Cost:5.06%
Difference:
8.94 AUD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

INR / AUD converter & margin calculator

₹INR
A$AUD
mid-rates

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

Foreign Transfers

Foreign Transfers Travel Money

Indian Rupee

Australian Dollar

1 INR 0.0209 AUD
5 INR 0.1043 AUD
10 INR 0.2086 AUD
20 INR 0.4171 AUD
50 INR 1.0428 AUD
100 INR 2.0856 AUD
250 INR 5.2140 AUD
500 INR 10.43 AUD
1,000 INR 20.86 AUD
2,000 INR 41.71 AUD
5,000 INR 104.28 AUD
10,000 INR 208.56 AUD
50,000 INR 1,042.80 AUD
100,000 INR 2,085.60 AUD
See more

Indian Rupee

Australian Dollar

47.95 INR 1 AUD
239.74 INR 5 AUD
479.48 INR 10 AUD
958.96 INR 20 AUD
2,397.40 INR 50 AUD
4,794.80 INR 100 AUD
11,987.00 INR 250 AUD
23,974.00 INR 500 AUD
47,948.00 INR 1,000 AUD
95,896.00 INR 2,000 AUD
239,740.00 INR 5,000 AUD
479,480.00 INR 10,000 AUD
2,397,400.00 INR 50,000 AUD
4,794,800.00 INR 100,000 AUD
See more
Country Guides (INR & AUD)
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NauruNauru (AUD)Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)

INR/AUD - Historical Trends

This table shows historic rates and trends of Indian Rupee to Australian Dollar over periods upto 10 years.

PeriodINR/AUDDate
1 Day0.020515 Sep 2019
7 Day0.020309 Sep 2019
30 Day0.020717 Aug 2019
3 Month0.020918 Jun 2019
1 Year0.019416 Sep 2018
5 Year0.018317 Sep 2014
10 Year0.024018 Sep 2009

You can use our INR interactive charts to check INRAUD historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

INRAUD blended flags

INR and AUD in the Markets

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

 

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.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

Why can't I just get the INR/AUD 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 INR / AUD 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.

INRAUD blended flags

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 INR Exchange Rates