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INR to AUD - Compare Exchange Rates

Indian Rupee to Australian Dollar - 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 INR/AUD Exchange Rates

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

Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
 
Instarem logo
194.61 AUD0.01946100.75%
ICICI Bank International Money Transfers
ICICI Bank logo
187.13 AUD0.018902₹1004.56%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
186.65 AUD0.018853154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
186.16 AUD0.018804₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:0
Exchange Rate:0.019461 (0.75% from mid-rate)
AUD amount:194.61 AUD
Total Cost:0.75%
Time:1:03 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
ICICI Bank: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018902 (3.6% from mid-rate)
AUD amount:187.13 AUD
Total Cost:4.56%
Difference:
$7.48 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
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:0.018432 (6% from mid-rate)
AUD amount:186.65 AUD
Total Cost:4.81%
Difference:
$7.96 less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Indian Bank: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018804 (4.1% from mid-rate)
AUD amount:186.16 AUD
Total Cost:5.06%
Difference:
$8.45 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
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 as financial payment services. 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: 02/18/2019

INR to AUD mid-rate = 0.0196

Right now the INR/AUD market mid-rate is 0.0196 and represents ideally how many Australian Dollar you can get for one Indian Rupee.

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

INR / AUD mid-rate converter


₹INR


$AUD
1 Indian Rupee equals
0.0196 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 0.0196 AUD
5 INR 0.0980 AUD
10 INR 0.1960 AUD
20 INR 0.3920 AUD
50 INR 0.9800 AUD
100 INR 1.9600 AUD
250 INR 4.9000 AUD
500 INR 9.8000 AUD
1,000 INR 19.60 AUD
2,000 INR 39.20 AUD
5,000 INR 98.00 AUD
10,000 INR 196.00 AUD
50,000 INR 980.00 AUD
100,000 INR 1,960.00 AUD
See more

Indian Rupee

Australian Dollar

51.02 INR 1 AUD
255.10 INR 5 AUD
510.21 INR 10 AUD
1,020.41 INR 20 AUD
2,551.04 INR 50 AUD
5,102.07 INR 100 AUD
12,755.18 INR 250 AUD
25,510.35 INR 500 AUD
51,020.70 INR 1,000 AUD
102,041.40 INR 2,000 AUD
255,103.50 INR 5,000 AUD
510,207.00 INR 10,000 AUD
2,551,035.00 INR 50,000 AUD
5,102,070.00 INR 100,000 AUD
See more

AUD Country Guides
AustraliaAustraliaChristmas IslandChristmas IslandCocos Keeling IslandsCocos Keeling Islands
Heard And McDonald IslandsHeard And McDonald IslandsKiribatiKiribatiNauruNauru
Norfolk IslandNorfolk IslandTuvaluTuvalu

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
10 Feb 20190.01981 Week
18 Jan 20190.01961 Month
21 Aug 20180.01956 Months
17 Feb 20180.01961 Year
17 Feb 20170.01942 Years
18 Feb 20140.01785 Years
19 Feb 20090.031110 Years

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 and forecasts for Indian Rupee and Australian Dollar

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

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.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.

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