Best AUD > INR exchange rates Apr 27, 2018
Best AUD > INR exchange rates

Best AUD > INR exchange rates as of 27 Apr 2018

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If you’re a forex investor or simply looking to trade Australian dollars for Indian rupees, get the most for your money with a strong exchange rate.

Today’s mid-market rate

The mid-market Australian dollar–to–Indian rupees exchange rate is 1 AUD = 50.69 INR. (Rate accurate as of March 4, 2017.)

Get the best rate for your AUD > INR exchange

We’ve gathered today’s best rates to inform your forex decisions when trading Australia dollars to Indian rupees.

Refreshing in: 60s | Fri, 27 Apr 04:53am GMT
1 USD = 1.0000 1.3237 Inverse: 0.7555 1.2872 Inverse: 0.7769 0.825685 Inverse: 1.2111 6.3357 Inverse: 0.1578 0.718102 Inverse: 1.3926 66.705 Inverse: 0.0150 18.7670 Inverse: 0.0533 51.9305 Inverse: 0.0193
1 AUD = 0.7555 Inverse: 1.3237 1.0000 0.9724 Inverse: 1.0284 0.6238 Inverse: 1.6031 4.7865 Inverse: 0.2089 0.5425 Inverse: 1.8433 50.3942 Inverse: 0.0198 14.1781 Inverse: 0.0705 39.2324 Inverse: 0.0255
1 EUR = 1.2111 Inverse: 0.8257 1.6031 Inverse: 0.6238 1.5589 Inverse: 0.6415 1.0000 7.6733 Inverse: 0.1303 0.869704 Inverse: 1.1498 80.787426 Inverse: 0.0124 22.7290 Inverse: 0.0440 62.8938 Inverse: 0.0159
1 GBP = 1.3926 Inverse: 0.7181 1.8433 Inverse: 0.5425 1.7924 Inverse: 0.5579 1.1498 Inverse: 0.8697 8.8228 Inverse: 0.1133 1.0000 92.890715 Inverse: 0.0108 26.1342 Inverse: 0.0383 72.3163 Inverse: 0.0138

How does the Australian dollar trade against the rupee historically?

In 1966, the Australian dollar was introduced to replace the Australian pound. At the time, the Aussie dollar was maintained under the Bretton Woods monetary system that established rules for the commercial and economic relationships among the US, Canada, Western Europe, Australia and Japan.

Under the Bretton Woods agreement, currencies were pegged to the price of gold. But the Australian dollar was effectively pegged to the British pound with an exchange rate of 0.8 dollars per pound.

From the Great Recoinage in 1816 until World War I in 1914, the Indian rupee was also pegged to the British pound at 4.80 rupees per pound — on par with the US dollar. However, when the Aussie dollar was introduced, the rupee was valued at 4.79 rupees per pound. Later wars in China in 1962 and Pakistan in 1965 led to a significant deficit on India’s budget, which forced the Indian government to devalue the rupee.

Over the last 10 years, the rupee has fluctuated between 34.6 rupees and 56.4 rupees per Australian dollar. Experts say this is due to stagnant reforms and declining foreign investment.

AUD > INR exchange rate history

We’ve put together the annual average exchange rate for the Australian dollar against the Indian rupee from 2007 to 2016.


Here’s the monthly average exchange rate for the Australian dollar over the past 12 months.

MonthAUD = INR
Feb. 201751.354305
Jan. 201750.730304
Dec. 201649.758511
Nov. 201650.926746
Oct. 201650.820652
Sep. 201650.549487
July 201650.559762
June 201649.713782
May 201648.99555
April 201650.939416
March 201650.149738

What affects AUD > INR exchange rates?

Five economic and financial indicators affect how the Australian dollar trades with the rupee: the country’s GDP, retail sales, industrial production, relative inflation rates and trade balances. This could be seen in early 2013, when the rupee depreciated due to stagnant reforms and declining foreign investment.

Less aggressive factors are consumer confidence, the strength of other currencies, investor speculation and day-to-day news about natural disasters, elections and new government policies.

Compare today’s rates from providers who can send AUD to INR

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USD 1 Within an hour AUD 3.99 50.243 INR 251,015 Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 1,000 1 day AUD 0.00 49.991 INR 249,955 Exclusive exchange rate discounts
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Bottom line

When exchanging Australian dollars for Indian rupees, find a provider that offers two-sided quotes to understand the spread they charge. If they show you only the buy or sell rate — but not both — consider looking elsewhere. Ultimately, the close you can get to the mid-market rate, the better the deal.

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