Best AUD > INR exchange rates Nov 15, 2018 | finder.com
Best AUD > INR exchange rates

Best AUD > INR exchange rates as of 15 Nov 2018

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

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 | Thu, 15 Nov 04:57pm GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.3750 Inverse: 0.7273 1.3193 Inverse: 0.7580 0.882744 Inverse: 1.1328 6.9391 Inverse: 0.1441 0.783406 Inverse: 1.2765 71.87515 Inverse: 0.0139 20.2991 Inverse: 0.0493 52.654 Inverse: 0.0190
1 AUD = 0.7273 Inverse: 1.3750 1.0000 0.9595 Inverse: 1.0422 0.6420 Inverse: 1.5577 5.0465 Inverse: 0.1982 0.5697 Inverse: 1.7552 52.2717 Inverse: 0.0191 14.7627 Inverse: 0.0677 38.2930 Inverse: 0.0261
1 EUR = 1.1328 Inverse: 0.8827 1.5577 Inverse: 0.6420 1.4946 Inverse: 0.6691 1.0000 7.8608 Inverse: 0.1272 0.887467 Inverse: 1.1268 81.422377 Inverse: 0.0123 22.9954 Inverse: 0.0435 59.6481 Inverse: 0.0168
1 GBP = 1.2765 Inverse: 0.7834 1.7552 Inverse: 0.5697 1.6841 Inverse: 0.5938 1.1268 Inverse: 0.8875 8.8576 Inverse: 0.1129 1.0000 91.746957 Inverse: 0.0109 25.9113 Inverse: 0.0386 67.2116 Inverse: 0.0149

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 Within an hour AUD 3.99 51.801 INR 258,800 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
GBP 5,000 1 - 2 days AUD 0.00 51.749 INR 258,745 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. 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.

Frequently asked questions

Was this content helpful to you? No  Yes

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 Foreign Exchange

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

TransferWise International Money Transfers

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

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.

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 Foreign Exchange

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

TransferWise International Money Transfers

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

Go to site