AUD is showing strength against INR, recently hitting 14-day highs near 58.12, driven by a 3.2% inflation rise in Australia, dampening rate cut expectations. However, INR's recovery aided by RBI interventions could stabilize the rate. Up-to-date info on global demand & trade policy will be key

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What is the best Send Money conversion rate for AUD to INR?

The best AUD to INR exchange rate is 57.75 from XE. This is -0.6% compared to the mid-market rate 58.10.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Indian rupee (INR) rates from different sources before making a conversion.

The above Aussie to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AUD-INR mid-rate and the possible savings of using various providers. 

How do AUD-INR rates compare between providers?

Looking at the full AUD to INR - Send Money comparison table the provider with the best AUD to INR exchange rate is XE at 57.75, -0.6% from the latest mid-market rate 58.10.

The next best is Wise at 57.74, -0.62% from the mid-rate.

Then Western Union at 57.52, which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 55.06 at -5.2% the ANZ Bank rate is 56.09 at -3.5% and the ING Bank rate is 54.04 at -7% compared to the mid-rate 58.10.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare AUD to INR Transfer Rates