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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 for INR/AUD International Money Transfers. Costs are calculated against the amount when INR is converted to AUD at mid-rate.

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Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
Instarem logo
199.82 AUD0.01998200.75%
ICICI Bank International Money Transfers
ICICI Bank logo
192.14 AUD0.019408₹1004.56%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
191.65 AUD0.019358154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
191.15 AUD0.019308₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→AUD
INR amount:10,000 INR
Exchange Rate:0.019982 (0.75% from mid-rate)
AUD amount:199.82 AUD
Total Cost:0.75%
Time:1:04 Local
Transfer Speed:
: 3.9/5.0

ICICI Bank logoICICI Bank

ICICI Bank: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.019408 (3.6% from mid-rate)
AUD amount:192.14 AUD
Total Cost:4.56%
7.68 AUD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

Banks - Average Rate

Foreign Transfer INR→AUD
INR amount:10,000 INR
Exchange Rate:0.018925 (6% from mid-rate)
AUD amount:191.65 AUD
Total Cost:4.81%
8.17 AUD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers

Indian Bank logoIndian Bank

Indian Bank: Foreign Transfer INR→AUD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.019308 (4.1% from mid-rate)
AUD amount:191.15 AUD
Total Cost:5.06%
8.67 AUD less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

INR to AUD interbank exchange rate = 0.020198

Right now the INR/AUD interbank exchange rate is 0.020198. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Australian Dollar to Indian Rupee.

This INR/AUD Converter calculates equivalent Indian Rupee to Australian Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

INR / AUD converter & margin calculator


Foreign Transfers Travel Money

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

Foreign Transfers

1 Week INR to AUD
Loading INR/AUD rates

Indian Rupee

Australian Dollar

1 INR 0.0202 AUD
5 INR 0.1010 AUD
10 INR 0.2020 AUD
20 INR 0.4040 AUD
50 INR 1.0099 AUD
100 INR 2.0198 AUD
250 INR 5.0495 AUD
500 INR 10.10 AUD
1,000 INR 20.20 AUD
2,000 INR 40.40 AUD
5,000 INR 100.99 AUD
10,000 INR 201.98 AUD
50,000 INR 1,009.90 AUD
100,000 INR 2,019.80 AUD
See more

Indian Rupee

Australian Dollar

49.51 INR 1 AUD
247.56 INR 5 AUD
495.11 INR 10 AUD
990.22 INR 20 AUD
2,475.55 INR 50 AUD
4,951.10 INR 100 AUD
12,377.75 INR 250 AUD
24,755.50 INR 500 AUD
49,511.00 INR 1,000 AUD
99,022.00 INR 2,000 AUD
247,555.00 INR 5,000 AUD
495,110.00 INR 10,000 AUD
2,475,550.00 INR 50,000 AUD
4,951,100.00 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
14 Apr 20190.02021 Week
22 Mar 20190.02041 Month
23 Oct 20180.01936 Months
21 Apr 20180.01971 Year
21 Apr 20170.02052 Years
22 Apr 20140.01765 Years
23 Apr 20090.028110 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

In the second week of March, the rupee was little changed on the year (<1 percent difference) against the dollar at rates near ₹70. It was, however, considerably higher than its record low of ₹74.52, achieved in October. The rupee hasn’t done badly in 2019 considering the 23 percent rise in the price of oil (India’s biggest import). Political uncertainty (never good for a currency’s valuation) is likely to emerge as we approach May’s election. A tough battle is expected for current Indian Prime Minister Narendra Modi and his Bharatiya Janata Party. Should the BJP be defeated, “the rupee could potentially spike to 74,” a Radobank economist said. In March, the Economic Times reported the results of a poll of 50 foreign exchange experts, who collectively estimated a year-end USD/INR rate of ₹71.3. This differed from January’s forecast from the Fitch ratings agency, which said it expects ₹75 on the basis of further current account deterioration and tighter financing conditions.

Australian Dollar (AUD) - Market news and forecasts

Improved risk appetite, thriving commodities markets and better data from China helped lift the Australian dollar through March and into the second half of April. Against the US dollar, the Aussie was quoted at US$0.715 on April-22.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in April for US$0.66 based on housing market weakness, high debt-to-GDP levels and continued strength in the US dollar.

Bearishness wasn’t unanimous, though, with NAB forecasting Aussie appreciation at least until mid-year; it predicted US$0.74 by the end of June.

The RBA will be happy with a weaker currency, HSBC said. The central bank has recently shifted to a dovish bias (what should be an across-the-board negative for AUD), saying lower Australian interest rates will “likely be appropriate” if inflation doesn’t pick up.