Best AUD > INR exchange rates Jan 19, 2019 | finder.com
Best AUD > INR exchange rates

Best AUD > INR exchange rates as of 19 Jan 2019

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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 | Sun, 20 Jan 02:57am GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.3951 Inverse: 0.7168 1.3261 Inverse: 0.7541 0.8797 Inverse: 1.1368 6.7788 Inverse: 0.1475 0.77658 Inverse: 1.2877 71.252 Inverse: 0.0140 19.0840 Inverse: 0.0524 52.61358 Inverse: 0.0190
1 AUD = 0.7168 Inverse: 1.3951 1.0000 0.9505 Inverse: 1.0520 0.6306 Inverse: 1.5859 4.8590 Inverse: 0.2058 0.5567 Inverse: 1.7965 51.0734 Inverse: 0.0196 13.6794 Inverse: 0.0731 37.7134 Inverse: 0.0265
1 EUR = 1.1368 Inverse: 0.8797 1.5859 Inverse: 0.6306 1.5074 Inverse: 0.6634 1.0000 7.7058 Inverse: 0.1298 0.882778 Inverse: 1.1328 80.995794 Inverse: 0.0123 21.6938 Inverse: 0.0461 59.8085 Inverse: 0.0167
1 GBP = 1.2877 Inverse: 0.7766 1.7965 Inverse: 0.5567 1.7076 Inverse: 0.5856 1.1328 Inverse: 0.8828 8.7290 Inverse: 0.1146 1.0000 91.751011 Inverse: 0.0109 24.5744 Inverse: 0.0407 67.7504 Inverse: 0.0148

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.

YearAUD = INR
20162.854532
20152.923023
20143.224297
20133.497336
20123.993839
20113.692372
20103.430683
20093.134919
20083.043713
20073.434769

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
Aug.201651.053978
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

I want to send

to

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 1 - 2 days AUD 7.00 50.665 INR
252,970
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USD 1 Within an hour AUD 3.99 50.563 INR 252,612 Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.
Go to site Show details

Compare up to 4 providers

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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US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First

No maximum limit, no fees and competitive exchange rates for 100+ currencies.

TransferWise

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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