The comparison table above helps you see the total cost of your OFX 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’.
OFX - AUD Rate Margin Analysis
The average AUD rate margin offered by OFX is 3.2%.
This average is based on individual AUD 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
OFX - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by OFX for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
AUD/INR shows a bullish-to-range-bound bias as it trades above the 90-day avg & near recent highs. Key drivers: - RBA hints rate hikes - RBI intervention - Soft demand for Aussie exports. Expected range to hold, watching for CPI data impacts. #Forex
@bestfxrates
AUD to INR 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 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 * :
What is the
OFX Send Money conversion rate for AUD to INR?
The OFX AUD to INR exchange rate is 59.2. This is -3% compared to the latest AUD-INR mid-market rate 61.00.
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
OFX - Aussie to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OFX and other foreign exchange providers against the latest AUD-INR mid-rate and the possible savings of using various providers.
How do OFX AUD-INR rates compare between 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 60.63, -0.61% from the latest mid-market rate 61.00.
The next best is Wise at 60.62, -0.62% 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
like OFX or platforms that offer rates closer to the mid-market rate.