The live mid-rate AUD to INR exchange rate is 54.32. Compare currency conversion rates - Reduce FX costs.
The best AUD to INR exchange rate is 53.99 from XE. This is -0.61% compared to the mid-market rate 54.32.
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.
Looking at our comparison table the best AUD to INR exchange rate is 53.99 from XE, -0.61% from the mid-market rate 54.32. The next best rate is 53.94 from Wise, -0.7% from the mid-rate. Currencies Direct with 53.89 is -0.79% from the mid-rate.
The Western Union rate is 53.78 which is -0.99% from the mid-rate.
Among the banks, the Commonwealth Bank rate is 51.37 at -5.4%, the ANZ Bank rate is 51.9290 at -4.4%, and the ING Bank rate is 51.44 at -5.3% from the mid-rate.
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.
The Aussie to Rupee comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
Australian dollar (AUD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | AUD/INR | Change | Period |
---|---|---|---|
28 Nov 2024 | 54.97 | 1% ▼ | 2 Week |
13 Sep 2024 | 56.23 | 3.2% ▼ | 3 Month |
13 Dec 2023 | 55.51 | 1.9% ▼ | 1 Year |
14 Dec 2019 | 48.61 | 12% ▲ | 5 Year |
15 Dec 2014 | 51.83 | 5% ▲ | 10 Year |
17 Dec 2004 | 33.40 | 63% ▲ | 20 Year |
Here are some popular conversion amounts for AUD to INR (Australian dollar to Indian rupee)*.
*Converted at the current AUDINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecast for the Australian dollar (AUD) against the Indian rupee (INR) has been notably influenced by external factors, particularly China's economic policies and new developments in U.S. politics. Following China's announcement of looser monetary policies and enhanced fiscal measures aimed at stimulating growth, the AUD experienced a significant rally. FX analysts noted that a risk-on sentiment bolstered by rising commodity prices further supported the ‘Aussie’. However, caution remains regarding the Reserve Bank of Australia’s imminent interest rate decision, with markets eyeing any hints towards a potential early rate-cutting cycle, which could dampen the AUD's momentum.
Read our full review of recent AUD to INR forecasts.
There are several ways to save on exchange rates when converting Australian dollar to Indian rupee:
Generally speaking, if you are buying Indian rupee with Australian dollar, then it's better for the AUD/INR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add AUD/INR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Australia (AUD) | India (INR) |
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The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.
Read more at our India (INR) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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