Western Union INR to CAD Exchange Rates & Currency Deals
INR-CAD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Western Union 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’.
INR to CAD Market Data
Indian rupee (INR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
INR to CAD is at 7-day lows near 0.015371, 1.3% below its 3-month average of 0.015573, having traded in a quite stable 5.5% range from 0.015130 to 0.015969
CAD/INR sits near the top of its 3-month range as a BoC-RBI gap keeps the cross range-bound. Oil remains supportive for CAD; RBI actions cap INR weakness. A sustained oil rally or stronger Canadian data could push CAD higher, while unemployment or protectionism risks cap gains.
Bias
bullish-to-range-bound; CAD/INR is above the 90-day average and sits in the upper half of its 3-month range.
Key drivers
- Rate gap: BoC policy has eased to a modest level, while RBI remains comparatively tighter, creating a yield gap that tends to support INR against CAD but leaves the cross range-bound overall.
- Oil/risk: Oil is above its 3-month average with notable volatility, which generally supports CAD as an oil exporter.
- Macro factor: RBI interventions to curb rupee weakness amid outflows, with forecasts of further depreciation for the rupee in coming months.
Range
CAD/INR likely to drift within the recent 3-month band, hovering near the upper end.
What could change it
- Upside risk: a sustained oil rally or stronger Canadian data on trade and jobs could push CAD higher against INR.
- Downside risk: rising Canadian unemployment or renewed U.S. protectionist moves that weigh on trade could push CAD lower
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INR to CAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
What is the
best Send Money conversion rate for INR to CAD?
The best INR to CAD exchange rate is 0.0151 from Wise. This is -1.4% compared to the mid-market rate 0.015307.
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 Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Western Union - Rupee to Loonie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest INR-CAD mid-rate and the possible savings of using various providers.
How do Western Union INR-CAD rates compare between providers?
Looking at the full
INR to CAD - Send Money comparison table the provider with the best INR to CAD exchange rate is Wise at 0.0151, -1.4% from the latest mid-market rate 0.015307.
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 Western Union or platforms that offer rates closer to the mid-market rate.