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

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
182.97 CAD0.018482₹1004.56%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
182.5 CAD0.018434154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
182.02 CAD0.018386₹1005.06%Online, Branch, Bank Transfers2-3 days
 

ICICI Bank logoICICI Bank

ICICI Bank: Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018482 (3.6% from mid-rate)
CAD amount:182.97 CAD
Total Cost:4.56%
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:15
Exchange Rate:0.018022 (6% from mid-rate)
CAD amount:182.5 CAD
Total Cost:4.81%
Difference:
0.47 CAD less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Indian Bank logoIndian Bank

Indian Bank: Foreign Transfer INR→CAD
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.018386 (4.1% from mid-rate)
CAD amount:182.02 CAD
Total Cost:5.06%
Difference:
0.95 CAD less than using ICICI Bank
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

INR to CAD interbank exchange rate = 0.019258

Right now the INR/CAD interbank exchange rate is 0.019258. 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 Canadian Dollar to Indian Rupee.

This INR/CAD Converter calculates equivalent Indian Rupee to Canadian 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 / CAD converter & margin calculator


₹INR
$CAD
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers

1 Week INR to CAD
Loading INR/CAD rates

Indian Rupee

Canadian Dollar

1 INR 0.0193 CAD
5 INR 0.0963 CAD
10 INR 0.1926 CAD
20 INR 0.3852 CAD
50 INR 0.9629 CAD
100 INR 1.9258 CAD
250 INR 4.8145 CAD
500 INR 9.6290 CAD
1,000 INR 19.26 CAD
2,000 INR 38.52 CAD
5,000 INR 96.29 CAD
10,000 INR 192.58 CAD
50,000 INR 962.90 CAD
100,000 INR 1,925.80 CAD
See more

Indian Rupee

Canadian Dollar

51.93 INR 1 CAD
259.63 INR 5 CAD
519.27 INR 10 CAD
1,038.53 INR 20 CAD
2,596.33 INR 50 CAD
5,192.65 INR 100 CAD
12,981.63 INR 250 CAD
25,963.25 INR 500 CAD
51,926.50 INR 1,000 CAD
103,853.00 INR 2,000 CAD
259,632.50 INR 5,000 CAD
519,265.00 INR 10,000 CAD
2,596,325.00 INR 50,000 CAD
5,192,650.00 INR 100,000 CAD
See more

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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
14 Apr 20190.01931 Week
22 Mar 20190.01941 Month
23 Oct 20180.01796 Months
21 Apr 20180.01931 Year
21 Apr 20170.02092 Years
22 Apr 20140.01825 Years
23 Apr 20090.024610 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

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.

Canadian Dollar (CAD) - Market news and forecasts

In the March-April period (to April-20), the Canadian dollar traded mostly sideways relative to USD, between C$1.33 and C$1.34; it was stable against EUR, at C$1.50, but against AUD it neared 15-week lows, at C$0.957.

Unlike other oil-sensitive currencies, the Canadian dollar has failed to take advantage of a thriving oil market, with the market’s attention instead turned towards the global economic slowdown and the Canadian housing market, which, according to the IMF, is now as risky as it was during the 2007-08 financial crisis.

Forecasters at RBC expect further sideways price action until mid-year, after which the loonie probably weakens modestly towards C$1.36 to the USD by year-end. 

CIBC is also predicting C$1.36 per USD in December, and sees further weakness to C$1.40 sometime in 2020 C$1.40 is an exchange rate last seen in February 2016.