The CIBC CAD to INR rate is 56.55. This is -8.1% below the mid-rate. Compare CIBC currency conversion rates - Reduce FX costs.
The CIBC CAD to INR exchange rate is 56.55. This is -8.1% compared to the latest CAD-INR mid-market rate 61.55.
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.
Looking at our comparison table the best CAD to INR exchange rate is 61.18 from XE, -0.6% from the mid-market rate 61.55. The next best rate is 61.12 from Wise, -0.7% from the mid-rate. Then Western Union with 60.56 is -1.6% from the mid-rate.
Among the banks, the TD Bank rate is 58.99 at -4.2%, the Scotiabank rate is 59.59 at -3.2%, and the Royal Bank of Canada rate is 59.38 at -3.5% compared to the mid-rate 61.55.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like CIBC 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 CIBC Loonie to Rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by CIBC and other foreign exchange providers against the latest CAD-INR mid-rate (see Market Data below ) and the possible savings of using various providers.
One of Canada’s so-called “Big Five”, the Canadian Imperial Bank of Commerce was formed by the merger in 1961 of the Canadian Bank of Commerce and the Imperial Bank of Canada and is seen as a trusted banking institution.
The CIBC Global Money Transfer service aims to allow customers to move money across borders just as easily as making a domestic wire transfer.
When you get a quote for your Global Money Transfer from CIBC on their website or in-app, you can also see the CIBC exchange rate, but it can be difficult to then calculate how much you are being charged.
CIBC does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.
Our research shows that on average, CIBC profit margin for foreign exchange rates is somewhere between 4 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Note the limit with CIBC Global Money Transfer in a 24-hour period is C$30,000, if paying via credit-card C$15,000.
Canadian dollar (CAD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/INR | Change | Period |
|---|---|---|---|
14 Apr 2025 | 61.88 | 0.7% ▼ | 2 Week |
28 Jan 2025 | 60.12 | 2.2% ▲ | 3 Month |
28 Apr 2024 | 61.07 | 0.7% ▲ | 1 Year |
29 Apr 2020 | 54.24 | 13.3% ▲ | 5 Year |
01 May 2015 | 52.42 | 17.3% ▲ | 10 Year |
03 May 2005 | 34.72 | 77% ▲ | 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 exchange rate forecast for the Canadian dollar (CAD) to Indian rupee (INR) reveals a complex interplay of global economic factors impacting both currencies. The CAD faced mixed movements recently, benefiting somewhat from stronger-than-expected retail sales figures, while pressures from falling oil prices weighed down its value. Analysts note that the Canadian economy heavily relies on commodities, particularly oil, which directly impacts the CAD. With recent trade data indicating the CAD trading at 61.56, this is 1.4% above its three-month average of 60.69, suggesting a relative strength against the INR although it has fluctuated within a stable 5.5% range from 58.87 to 62.08.
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) |
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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
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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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