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Understanding the Table:
The comparison table above helps you see the total cost of your Commonwealth Bank 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’.
The average AUD rate margin offered by Commonwealth Bank is 4.9%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Commonwealth Bank that we monitor.
The tables below show the best and worst exchange rate margins offered by Commonwealth Bank for Australian dollar (AUD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Australian dollar (AUD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and recent highs lack a clear driver.
AUD/USD Outlook: Slightly positive, but likely to move sideways as the exchange rate is above its recent average and is nearing recent highs with mixed drivers.
USD/INR Outlook: Likely to increase, as the rate is above its 90-day average and near recent highs, supported by inflation expectations.
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Commonwealth Bank AUD to INR exchange rate is 61.51. This is -3.2% compared to the latest AUD-INR mid-market rate 63.56.
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.
The above Commonwealth Bank - Aussie to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Commonwealth Bank and other foreign exchange providers against the latest AUD-INR mid-rate and the possible savings of using various providers.
Looking at the full AUD to INR - Send Money comparison table the provider with the best AUD to INR exchange rate is XE at 63.18, -0.6% from the latest mid-market rate 63.56.
The next best is Wise at 63.16, -0.63% from the mid-rate.
Then Western Union at 62.93, which is -0.99% from the mid-rate.
Among the banks the Commonwealth Bank rate is 61.51 at -3.2% the ANZ Bank rate is 61.36 at -3.5% and the ING Bank rate is 53.93 at -15.2% compared to the mid-rate 63.56.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Commonwealth Bank 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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