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        Best INR to CAD Exchange Rates

        The best INR to CAD rate is 0.016267, and is the current mid-market exchange rate. We help you compare Indian rupee to Canadian dollar rates and costs to this live market rate.

        In this rupee to loonie (INR/CAD) rate guide:

        Compare exchange rates - INR to CAD

        Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Indian rupee (INR) to Canadian dollar (CAD) rates from different sources before making a conversion.

        The below Rate Comparison Table makes it easy to compare the Total Cost you are being charged on rupee to loonie currency rates and the possible savings of using various providers.

         

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        INR to CAD Market Data

        Indian rupee (INR) to Canadian dollar (CAD) market data - latest interbank mid-rate, trend, chart & historic rates.

         
        1 INR =
        0.016267We compare provider deals to this wholesale mid-market rate. Read more
        CAD
        INR to CAD is at 30-day lows near 0.016263, just 0.9% below its 3-month average of 0.016413, having traded in a very stable 3.1% range from 0.016147 to 0.016652
        |
        Sell INR   →   Buy CAD
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          1 CAD = 61.48 INR
        30-DAY LOW▼
        DateINR/CADPeriod
        12 Nov 2023
        0.0166
        		2 Week
        28 Aug 2023
        0.0164
        		3 Month
        26 Nov 2022
        0.0164
        		1 Year
        27 Nov 2018
        0.0188
        		5 Year
        28 Nov 2013
        0.0170
        		10 Year
        01 Dec 2003
        0.0285
        		20 Year
        INR/CAD historic rates

        Forecasts for INR to CAD

        30-DAY LOW▼

        The INR to CAD exchange rate has recently been exhibiting relative stability, with the rate hovering around 30-day lows near 0.016320, which is marginally down by 0.6% from its 3-month average of 0.016414. The Indian Rupee has shown resilience, trading within a narrow 3.1% range from 0.016147 to 0.016652 despite a challenging global economic landscape. The steadiness of the INR against the CAD may, in part, reflect market views that consider the core economic factors at play in both countries. The Indian Rupee, however, faces headwinds due to the nation's heavy reliance on oil imports and the knock-on effect of rising energy prices on inflation and interest rate expectations.

        Read our full INR to CAD forecasts analysis

         
        CAD to INR flags

        How to get a good INR to CAD exchange rate

        There are several ways to save on exchange rates when converting Indian rupee to Canadian dollar:

        1. Shop around for the best INR/CAD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
        2. Timing is important: Keep an eye on the INR/CAD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
        3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
        4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both INR and CAD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
        5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

        The key is reducing excessive costs and fees

        Generally speaking, if you are buying Canadian dollar with Indian rupee, then it's better for the INR/CAD 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.

        Will the Indian rupee rise against the Canadian dollar?

        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/CAD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

         
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        Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

        Read our Currency guide to Canada - a practical currency and money guide to travel, living and doing business in Canada with the Canadian dollar.

         
         
         

        Country Currency Guides

        IndiaIndia (INR)CanadaCanada (CAD)
         

        Here are a few things to consider when sending money to Canada:

        1. Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.

        2. Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.

        3. Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.

          Read more at our Canada (CAD) country guide

           
         
         
         

        Related exchange rates

        INR to USD
        0.012006
        14-DAY LOW▼
        CAD to USD
        0.7381
        30-DAY HIGH▲
        CAD to INR
        61.48
        30-DAY HIGH▲
        USD to INR
        83.29
        14-DAY HIGH▲
        INR to AUD
        0.018055
        90-DAY LOW▼
        1-DAY -0.9%▼
        INR to EUR
        0.010912
        90-DAY LOW▼
        INR to GBP
        0.009445
        90-DAY LOW▼
        1-DAY -0.9%▼
        INR to AED
        0.044091
        90-DAY LOW▼
        INR to IDR
        184.82
        60-DAY LOW▼
        1-DAY -0.9%▼
        INR to MYR
        0.055797
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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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