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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to India can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to India bank accounts or pay a Indian rupee invoice.
Canadian dollar (CAD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/INR Outlook: Slightly positive, but likely to move sideways as CAD is above its recent average and near recent lows, influenced by multiple factors.
CAD/USD Outlook: Slightly weaker, but likely to move sideways, given the rate is below its recent average and near recent lows.
USD/INR Outlook: Slightly weaker, but likely to move sideways as the rate is near its 3-month average and showing signs of stability.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to INR exchange rate is 65.9 from XE. This is -0.6% compared to the mid-market rate 66.30.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Indian rupee (INR) rates from different sources before making a conversion.
The above Loonie 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 CAD-INR mid-rate and the possible savings of using various providers.
Looking at the full CAD to INR - Send Money comparison table the provider with the best CAD to INR exchange rate is XE at 65.9, -0.6% from the latest mid-market rate 66.30.
The next best is Wise at 65.74, -0.84% from the mid-rate.
Then Western Union at 65.24, which is -1.6% from the mid-rate.
Among the banks the TD Bank rate is 58.41 at -11.9% the Scotiabank rate is 64.49 at -2.7% and the Royal Bank of Canada rate is 64.39 at -2.9% compared to the mid-rate 66.30.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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