The live mid-rate INR to AUD exchange rate is 0.018387. Compare currency conversion rates - Reduce FX costs.
The best INR to AUD exchange rate is 0.0182 from Wise. This is -1% compared to the mid-market rate 0.018387.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to Australian dollar (AUD) rates from different sources before making a conversion.
Looking at our comparison table the best INR to AUD exchange rate is 0.0182 from Wise, -1% from the mid-market rate 0.018387. The next best rate is 0.0181 from WorldRemit, -1.6% from the mid-rate. WorldRemit with 0.0181 is -1.6% from the mid-rate.
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.
The Rupee to Aussie comparison table above 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 INR-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
Indian rupee (INR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | INR/AUD | Period |
|---|---|---|
23 Nov 2024 | 0.0182 | 2 Week |
08 Sep 2024 | 0.0179 | 3 Month |
08 Dec 2023 | 0.0182 | 1 Year |
09 Dec 2019 | 0.0206 | 5 Year |
10 Dec 2014 | 0.0194 | 10 Year |
12 Dec 2004 | 0.0299 | 20 Year |
Here are some popular conversion amounts for INR to AUD (Indian rupee to Australian dollar)*.
*Converted at the current INRAUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The current exchange rate forecasts for the Indian Rupee (INR) against the Australian Dollar (AUD) indicate a landscape marked by volatility and underlying economic pressures. Recent market updates highlight a notable decline in the INR's value, which has plummeted to an all-time low against the U.S. dollar at 84.3625. This drop is attributed to heightened concerns over U.S. economic policy shifts due to Donald Trump's anticipated presidency, which FX analysts suggest may lead to increased tariffs impacting Asian currencies and result in heightened uncertainty for the INR. Additionally, inflationary pressures stemming from surging energy prices further compound the risks, as India, being a major oil importer, grapples with the resulting upward pressure on domestic market prices.
Read our full review of recent INR to AUD forecasts.
There are several ways to save on exchange rates when converting Indian rupee to Australian dollar:
Generally speaking, if you are buying Australian dollar with Indian rupee, then it's better for the INR/AUD 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 Australia - a practical currency and money guide to travel, living and doing business in Australia with the Australian dollar.
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 INR/AUD 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
| Australia (AUD) | India (INR) |  Christmas Island (AUD) |
 Cocos Keeling Islands (AUD) |  Heard and McDonald Islands (AUD) |  Kiribati (AUD) |
 Nauru (AUD) |  Norfolk Island (AUD) |  Tuvalu (AUD) |
There are no limits on the amount of money that can be sent to or from Australia. However, there may be fees and exchange rates that apply when sending money internationally, and these costs can vary depending on the method of transfer and the country where the money is being sent.
If you are sending a large amount of money to or from Australia, it is a good idea to compare the fees and exchange rates offered by different money transfer providers to find the most cost-effective option.
Read more at our Australia (AUD) 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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