The OFX CAD to INR Business rate is 58.824. This is -4% below the mid-rate. Compare OFX Business currency conversion rates - Reduce FX costs.
The OFX CAD to INR business exchange rate is 58.824. This is -4% compared to the latest CAD-INR mid-market rate 61.26.
As Business 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.
Looking at our comparison table the best Business CAD to INR exchange rate is 60.89 from XE, -0.6% from the mid-market rate 61.26. The next best rate is 60.83 from Wise, -0.7% from the mid-rate. Then Western Union with 60.28 is -1.6% from the mid-rate.
Among the banks, the TD Bank rate is 58.99 at -3.7%, the Scotiabank rate is 59.04 at -3.6%, and the Royal Bank of Canada rate is 59.38 at -3.1% compared to the mid-rate 61.26.
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 like OFX or platforms that offer rates closer to the mid-market rate.
The table below shows OFX Canadian dollar (CAD) Business Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | OFX Business Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AED | 2.6344 | 2.6252 | -0.35%* |
| CAD - AUD | 1.1191 | 1.1152 | -0.35%* |
| CAD - BND | 0.9260 | 0.8988 | -2.9% |
| CAD - CHF | 0.5967 | 0.5946 | -0.35%* |
| CAD - CNY | 5.1822 | 5.0071 | -3.4% |
| CAD - CZK | 15.91 | 15.85 | -0.38%* |
| CAD - DKK | 4.7568 | 4.7402 | -0.35%* |
| CAD - EUR | 0.6375 | 0.6353 | -0.35%* |
| CAD - FJD | 1.6294 | 1.5519 | -4.8% |
| CAD - GBP | 0.5393 | 0.5374 | -0.35%* |
| CAD - HKD | 5.5792 | 5.5597 | -0.35%* |
| CAD - HUF | 257.67 | 256.77 | -0.35%* |
| CAD - IDR | 11,871 | 10.615 | - |
| CAD - ILS | 2.5489 | 2.54 | -0.35%* |
| CAD - INR | 61.26 | 58.824 | -4% |
| CAD - JPY | 104.61 | 104.24 | -0.35%* |
| CAD - KRW | 1,001.2 | 0.965 | - |
| CAD - KWD | 0.2200 | 0.2192 | -0.36%* |
| CAD - LKR | 214.13 | 206.2939 | -3.7% |
| CAD - MAD | 6.6362 | 6.3351 | -4.5% |
| CAD - MGA | 3,191.7 | 2.895 | - |
| CAD - MXN | 13.95 | 13.9 | -0.36%* |
| CAD - MYR | 3.0852 | 3.0744 | -0.35%* |
| CAD - NOK | 7.4382 | 7.4122 | -0.35%* |
| CAD - NZD | 1.2134 | 1.2092 | -0.35%* |
| CAD - OMR | 0.2761 | 0.2674 | -3.2% |
| CAD - PEN | 2.6114 | 2.5103 | -3.9% |
| CAD - PGK | 2.9107 | 2.8059 | -3.6% |
| CAD - PHP | 39.71 | 39.57 | -0.35%* |
| CAD - PKR | 202.19 | 194.9037 | -3.6% |
| CAD - PLN | 2.6981 | 2.6887 | -0.35%* |
| CAD - SAR | 2.6903 | 2.5946 | -3.6% |
| CAD - SBD | 5.9746 | 5.3396 | -10.6% |
| CAD - SCR | 10.17 | 9.4098 | -7.5% |
| CAD - SEK | 6.9655 | 6.9411 | -0.35%* |
| CAD - SGD | 0.9312 | 0.9279 | -0.35%* |
| CAD - THB | 23.65 | 23.57 | -0.34%* |
| CAD - TOP | 1.7269 | 1.5533 | -10.1% |
| CAD - TRY | 27.80 | 27.7 | -0.36%* |
| CAD - TWD | 21.70 | 20.6875 | -4.7% |
| CAD - USD | 0.7172 | 0.7147 | -0.35%* |
| CAD - VND | 18,633 | 17501.1471 | - |
| CAD - VUV | 85.15 | 79.2975 | -6.9% |
| CAD - WST | 2.0082 | 1.809 | -9.9% |
| CAD - XOF | 418.18 | 401.0691 | -4.1% |
| CAD - XPF | 76.08 | 73.2836 | -3.7% |
| CAD - ZAR | 13.05 | 13 | -0.38%* |
* BER discount rate that we have negotiated with OFX. To obtain these special rates, click through to OFX from our above exchange rate comparison tool.
The OFX Business Loonie to Rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest CAD-INR mid-rate (see Market Data below ) and the possible savings of using various providers.
OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.
OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.
OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.
When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.
Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.
Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.
OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.
When you register via our OFX 0.5% exclusive offer for BER users the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.
For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.
Canadian dollar (CAD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/INR | Change | Period |
|---|---|---|---|
25 Apr 2025 | 61.50 | 0.3% ▲ | 2 Week |
08 Feb 2025 | 61.40 | 0.4% ▲ | 3 Month |
09 May 2024 | 61.02 | 1% ▲ | 1 Year |
10 May 2020 | 54.23 | 13.7% ▲ | 5 Year |
12 May 2015 | 53.31 | 15.7% ▲ | 10 Year |
14 May 2005 | 34.48 | 78.8% ▲ | 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 recently faced downward pressure, slipping despite a recovery in oil prices. Analysts attribute this weakness to ongoing trade tensions with the United States. The upcoming release of Canada’s unemployment figures is of particular interest, as a potential increase in joblessness could lead to further depreciation of the CAD. Currently, the CAD to INR exchange rate stands at 61.26, which is just 0.7% above its three-month average of 60.86, fluctuating within a stable range of 59.37 to 62.08 over the same period.
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.
Read our Currency guide to India — a practical currency and money guide to travel in India plus living and doing business 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 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.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| 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.
Foreign nationals are subject to all laws in India, including local, state and national laws. There is no special legal status or exemption from Indian law for foreigners.
There is no one-size-fits-all answer to this question, as the experience of doing business in India can vary greatly depending on the specific industry, company, and location. However, in general, doing business in India can be challenging due to the country's complex bureaucracy, red tape, and corruption. Additionally, businesses may find it difficult to find qualified workers, and infrastructure can be unreliable.
The economy in India is complex and diversified. India is a newly industrialized country with a fast-growing economy. India's Gross Domestic Product (GDP) grew by 7.5% in 2016, and is expected to grow by 7.1% in 2017. India is the world's second-fastest growing economy after China.
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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