Commonwealth Bank INR to USD Exchange Rates & Currency Deals

INR-USD Rate Calculator

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’.

Comparing CBA exchange rates

Overall these are the main points to consider when comparing CBA exchange rates:

CBA provides extensive foreign exchange services, FX Specialists provide more additional services and generally speaking a higher level of expertise;

CBA products are available both in-branch and online via their online banking platform NetBank. FX Specialists for foreign transfers are on-line but you can speak to them on the phone, and in some cases you will have an account manager;

Commonwealth Bank exchange rates for foreign transfers are generally poor compared to using an FX specialist.

Commonwealth Bank exchange rates for travel money are comparable to those of the other Australian banks but you will, more likely than not, get less for your dollar than if you ordered your foreign currency and travel money online through providers such as Travelex.

Average to poor exchange rates need to be weighed up against convenience of using a familiar internet banking platform.

What is the best Send Money conversion rate for INR to USD?

The best INR to USD exchange rate is 0.0111 from Wise. This is -1.5% compared to the mid-market rate 0.011274.

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 US dollar (USD) rates from different sources before making a conversion.

The above Commonwealth Bank - Rupee to Dollar 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 INR-USD mid-rate and the possible savings of using various providers.

How do Commonwealth Bank INR-USD rates compare between providers?

Looking at the full INR to USD - Send Money comparison table the provider with the best INR to USD exchange rate is Wise at 0.0111, -1.5% from the latest mid-market rate 0.011274.

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.

Compare INR to USD Transfer Rates

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View a full list of exchange rates by selecting your Base (from) currency:

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