Best Exchange Rates

Home pages - full list (A-Z)

INR to CAD Calculator

Indian Rupee to Canadian Dollar - Convert Compare Save

INR to CAD mid-rate = 0.01862

Right now the INR/CAD market mid-rate is 0.01862 and represents ideally how many Canadian Dollar you can get for one Indian Rupee.

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

INR / CAD Converter


1 Indian Rupee equals
0.01862 Canadian Dollar

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

Foreign Transfers

3 Month INR to CAD Chart
Loading INR/CAD rates

Indian Rupee

Canadian Dollar

1 INR 0.0186 CAD
5 INR 0.0931 CAD
10 INR 0.1862 CAD
20 INR 0.3724 CAD
50 INR 0.9310 CAD
100 INR 1.8620 CAD
250 INR 4.6550 CAD
500 INR 9.3100 CAD
1,000 INR 18.62 CAD
2,000 INR 37.24 CAD
5,000 INR 93.10 CAD
10,000 INR 186.20 CAD
50,000 INR 931.00 CAD
100,000 INR 1,862.00 CAD
See more

Indian Rupee

Canadian Dollar

53.71 INR 1 CAD
268.53 INR 5 CAD
537.05 INR 10 CAD
1,074.10 INR 20 CAD
2,685.25 INR 50 CAD
5,370.50 INR 100 CAD
13,426.25 INR 250 CAD
26,852.50 INR 500 CAD
53,705.00 INR 1,000 CAD
107,410.00 INR 2,000 CAD
268,525.00 INR 5,000 CAD
537,050.00 INR 10,000 CAD
2,685,250.00 INR 50,000 CAD
5,370,500.00 INR 100,000 CAD
See more

CAD Country Guides

Indian Rupee to Canadian Dollar (INR-CAD) - 10 Year History

The below table shows the historic variation in the INR/CAD 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 20180.01901 Week
09 Nov 20180.01821 Month
12 Jun 20180.01936 Months
09 Dec 20170.01991 Year
09 Dec 20160.01962 Years
10 Dec 20130.01745 Years
11 Dec 20080.025610 Years

Best Rates for INR/CAD 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 CAD.

Compare INR to CAD Foreign Transfers vs the Banks

ProvidersAmount CAD($)Exchange RateFee INRTotal CostTransfer SpeedTransfer ServicesReviewsDeal Links
ICICI Bank logo
178.16 CAD0.017996₹1004.56%2-3 daysOnline, Branch, Bank Account to Bank Account
Average Rate:
Banks - Average Rate
Indian Bank logo ICICI Bank logo
177.70 CAD0.017950154.81%2-3 daysOnline, Branch, Bank Account to Bank Account
Indian Bank
Indian Bank logo
177.24 CAD0.017903₹1005.06%2-3 daysOnline, Branch, Bank Account to Bank Account
ICICI Bank: Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.017996 (3.6% from mid-rate)
CAD amount:178.16 CAD
Total Cost:4.56%
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
: /5.0

Banks - Average Rate
Indian Bank logo ICICI Bank logo

Foreign Transfer INR→CAD
INR amount:10,000 INR
Exchange Rate:0.017548 (6% from mid-rate)
CAD amount:177.70 CAD
Total Cost:4.81%
CAD0.46 CAD less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Indian Bank: Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.017903 (4.1% from mid-rate)
CAD amount:177.24 CAD
Total Cost:5.06%
CAD0.92 CAD less than using ICICI Bank
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
: /5.0
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/14/2018.
Total Cost = Fee + exchange rate margin vs INR/CAD mid-rate: 0.018668

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

The INR/CAD 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 / CAD 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/CAD 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 CAD exchange rate

  1. Know the latest INR/CAD 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 Canadian 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 CAD, you should pay attention to both Indian Rupee and Canadian 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.

Canadian Dollar (CAD) - Market news and forecasts

5-December-18: In early December, the Canadian dollar traded at C$1.34 per USD — its weakest level in 18 months. It did so after traders revised down their expectations for future Canadian interest rate hikes following a dovish Bank of Canada meeting.

Also not helping the loonie in late 2018 has been the oil price which, by the time of this report, had slumped 30 percent from 2018 highs. Oil is Canada’s largest export.

In December, several FX analysts expressed a belief that inevitable OPEC production cuts will create a rebound in the oil market, which will drive the Canadian dollar higher throughout 2019.

Risks to the Canadian dollar include, of course, oil, and the return of global trade tensions. Tensions eased in early December when US and Chinese leaders agreed to suspend tariff increases for 3 months.

Also in December, Citibank offered a “long-term” (>18 months) forecast for USD/CAD of 1.2, representing potential CAD appreciation of 12 percent.

Currency News and Forecasts

AUD/USD Forecast at $0.75 in 3 Months’ Time; Potential for Extreme AUD/...
Pound at 20-Month Low After PM Cancels Big Brexit Vote; UK Prepares for No-...
Credit Agricole Rolls the Dice on British Pound, Is a Buyer Ahead of ...
Canadian Dollar the Star After Canada Adds 94k Jobs; Expect Bitcoin at $1,...
Canadian Dollar at Cheapest in 18 Months; Buy It Now Ahead of 2019 Rebound
More Good News for Aussie, Kiwi; Not So Great for Bitcoin