Forex investors can get the most from watching exchange rates and avoiding fees for trades.
If you’re looking to trade Australian dollars for Indian rupees, settle on a rate close to the mid-market to get the most of your trade.
Today’s mid-market rate
Refreshing in: 60s | Tue, 21 May 05:10pm GMT
Historical Rate chart of AUD and INR
Buy Indian rupee with Australian dollar
Consider an online specialist to pay less for your exchange.
The exchange rates in the table are not locked in. Confirm your final rate on the provider’s site before completing any transaction.
When is the best time to buy?
Natural disasters, government policies, the strength of the economy and trade agreements are among some of the factors that affect the value of a country’s currency. As India’s economy grows, so will it’s currency. So buy now while the price is low.
How does the Australian dollar trade against the rupee historically?
Wars and government policies have had a significant impact on the value of the rupee. When the Aussie dollar was introduced in 1966, it was pegged to the British pound. The rupee devalued slightly from 4.80 to 4.79 rupee per pound, and devalued further as result of the wars in China and Pakistan in the 1960s.
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 to INR exchange rate history
We’ve put together the exchange rate for the Australian dollar against the Indian rupee for the past week.
|May 14||May 15||May 16||May 17||May 18||May 19||May 20|
|1 AUD =||48.7927 Inverse: 0.0205||48.6342 Inverse: 0.0206||48.4081 Inverse: 0.0207||48.2728 Inverse: 0.0207||48.2728 Inverse: 0.0207||48.5197 Inverse: 0.0206||48.3348 Inverse: 0.0207|
Average exchange rate over the past 6 months.
|Dec 2018||Jan 2019||Feb 2019||Mar 2019||Apr 2019||Apr 2019|
|1 AUD =||50.2839 Inverse: 0.0199||50.9639 Inverse: 0.0196||50.4390 Inverse: 0.0198||49.3111 Inverse: 0.0203||48.6404 Inverse: 0.0206||49.1953 Inverse: 0.0203|
Average exchange rate over the past 10 years.
|1 AUD =||36.1853|
What affects AUD to 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.
Our Australia guides
Get the best deal for your exchange by looking at what a provider charges to buy and sell the currency. This tells you what an exchange company charges for a money transfer. Avoiding fees with a transfer company that doesn’t charge any fees.