The best CAD to INR exchange rate is 61.69. Compare foreign transfer and currency exchange rates, find better rates & deals.
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Exchange rates can vary significantly between different currency exchange providers, so it's important to 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 foreign exchange providers against the latest CAD-INR mid-rate (see Market Data below ) and the possible savings of using a different provider.
Canadian dollar (CAD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | CAD/INR | Change | Period |
---|---|---|---|
30 Aug 2024 | 62.17 | 0.8% ▼ | 2 Week |
15 Jun 2024 | 60.75 | 1.5% ▲ | 3 Month |
14 Sep 2023 | 61.43 | 0.4% ▲ | 1 Year |
15 Sep 2019 | 53.76 | 14.8% ▲ | 5 Year |
16 Sep 2014 | 55.52 | 11.1% ▲ | 10 Year |
18 Sep 2004 | 35.29 | 74.8% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to INR (Canadian dollar to Indian rupee)*.
*Converted at the current CADINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) has faced recent downward pressure, trading at 14-day lows near 61.69 INR, which is just 0.7% above its three-month average of 61.25 INR. Despite a supportive environment created by rising oil prices, which typically bolster the CAD due to Canada being a major oil exporter, the currency remains sensitive to fluctuations in the oil market. According to FX analysts, the CAD's movement seems tethered to oil dynamics, particularly as pricing remains 9.6% below its three-month average of 80.73 USD per barrel, with volatility recorded in a range from 72.42 to 87.43. The lack of notable Canadian economic data may result in continued consolidation within a historically stable range of approximately 3.4%, making the outlook for CAD uncertain in the short term.
Read our full review of recent CAD to INR forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Indian rupee:
Generally speaking, if you are buying Indian rupee with Canadian dollar, then it's better for the CAD/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.
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 CAD/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.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to India - a practical currency and money guide to travel, living and doing business in India with the Indian rupee.
India (INR) | Canada (CAD) |
The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.
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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