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INR to CAD - Compare Exchange Rates

Indian Rupee to Canadian 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/CAD 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 CAD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
177.07 CAD0.017886₹1004.57%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
176.61 CAD0.017840154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
176.15 CAD0.017793₹1005.06%Online, Branch, Bank Transfers2-3 days
ICICI Bank: Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.017886 (3.6% from mid-rate)
CAD amount:177.07 CAD
Total Cost:4.57%
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→CAD
INR amount:10,000 INR
Fee:15
Exchange Rate:0.017441 (6% from mid-rate)
CAD amount:176.61 CAD
Total Cost:4.81%
Difference:
$0.46 less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Indian Bank: Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.017793 (4.1% from mid-rate)
CAD amount:176.15 CAD
Total Cost:5.06%
Difference:
$0.92 less than using ICICI Bank
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 CAD mid-rate = 0.018546

Right now the INR/CAD market mid-rate is 0.018546 and represents ideally how many Canadian Dollar you can get for one Indian Rupee.

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

INR / CAD mid-rate converter


₹INR


$CAD
1 Indian Rupee equals
0.018546 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 0.0185 CAD
5 INR 0.0927 CAD
10 INR 0.1855 CAD
20 INR 0.3709 CAD
50 INR 0.9273 CAD
100 INR 1.8546 CAD
250 INR 4.6365 CAD
500 INR 9.2730 CAD
1,000 INR 18.55 CAD
2,000 INR 37.09 CAD
5,000 INR 92.73 CAD
10,000 INR 185.46 CAD
50,000 INR 927.30 CAD
100,000 INR 1,854.60 CAD
See more

Indian Rupee

Canadian Dollar

53.92 INR 1 CAD
269.59 INR 5 CAD
539.19 INR 10 CAD
1,078.38 INR 20 CAD
2,695.94 INR 50 CAD
5,391.88 INR 100 CAD
13,479.70 INR 250 CAD
26,959.40 INR 500 CAD
53,918.80 INR 1,000 CAD
107,837.60 INR 2,000 CAD
269,594.00 INR 5,000 CAD
539,188.00 INR 10,000 CAD
2,695,940.00 INR 50,000 CAD
5,391,880.00 INR 100,000 CAD
See more

CAD Country Guides
CanadaCanada

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
10 Feb 20190.01871 Week
18 Jan 20190.01861 Month
21 Aug 20180.01876 Months
17 Feb 20180.01951 Year
17 Feb 20170.01952 Years
18 Feb 20140.01765 Years
19 Feb 20090.025210 Years

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 and forecasts for Indian Rupee and Canadian 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 CAD, you should pay attention to both Indian Rupee and Canadian 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.

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

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