Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank 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’.
Indian rupee (INR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
INR/CAD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and within its mid-range.
INR/USD Outlook: Slightly weaker, but likely to move sideways as the rate is currently below its recent average and near recent lows due to several pressures.
USD/CAD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and mid-range.
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 * :
*Converted at the current INR-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best INR to CAD exchange rate is 0.0148 from Wise. This is -1% compared to the mid-market rate 0.014955.
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 Scotiabank - Rupee to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest INR-CAD mid-rate and the possible savings of using various 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 0.0148, -1% from the latest mid-market rate 0.014955.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Scotiabank 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.
View a full list of exchange rates by selecting your Base (from) currency:
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