Best CAD to INR exchange rates today |

Best CAD to INR exchange rates today

Historical and real-time exchange rates for your trade.

Last updated:

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Compare rates for trading the Canadian dollar for the Indian rupee against the mid-market rate to get the best deal for your online exchange.

Today’s mid-market rate

Live Rate

= 52.8594

Refreshing in: 60s | Mon, Jul 22, 10:13AM GMT

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Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 3 - 5 days CAD 0.00 52.225 INR 261,125 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
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USD 1,000 1 day CAD 0.00 52.119 INR 260,597 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details

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The exchange rates in the table are not locked in. Confirm your final rate on the provider’s site before completing any transaction.

How does CAD trade against the INR historically?

Historically the CAD has seen growth against INR. In January 1994 the CAD traded at INR 23.79, and by the next year it crossed the INR 25 mark. It continued to rise, and by January 2000 it hit INR 30.

The CAD continued to gain against the INR even after 2000, largely because of high public debt and rising inflation in India. The Canadian economy, on the other hand, received a boost due to strong global oil prices and a growing demand for exports.

The Indian government was able to get its growth rate to around 7% between 1997 and 2011, but the CAD continued to gain ground. In May 2006 the CAD rose to INR 40 for the first time. Its value against the INR continued climbing for the next couple of years — by the end of 2011 it valued at more than INR 50.

CAD to INR exchange rate history

The past can be a good indicator of the future. Depending on sociopolitical atmosphere, interest and inflation rates, foreign trade, public debt, and export to import price ratios all influence exchange rates. Below you can find the average exchange rate for the past week.

Jul 15 Jul 16 Jul 17 Jul 18 Jul 19 Jul 20 Jul 21
1 CAD = 52.5267 Inverse: 0.0190 52.4743 Inverse: 0.0191 52.6953 Inverse: 0.0190 52.8245 Inverse: 0.0189 52.7801 Inverse: 0.0189 52.7770 Inverse: 0.0189 52.7318 Inverse: 0.0190

Average exchange rate over the past 6 months.

Feb 19 Mar 17 Apr 12 May 08 Jun 03 Jun 29
1 CAD = 53.9668 Inverse: 0.0185 51.6859 Inverse: 0.0193 51.8665 Inverse: 0.0193 51.7443 Inverse: 0.0193 51.4601 Inverse: 0.0194 52.6023 Inverse: 0.0190

Average exchange rate over the past 10 years.

1 CAD =41.7352
Inverse: 0.0240
Inverse: 0.0227
Inverse: 0.0214
Inverse: 0.0187
Inverse: 0.0188
Inverse: 0.0182
Inverse: 0.0191
Inverse: 0.0189
Inverse: 0.0212
Inverse: 0.0193

What affects CAD to INR exchange rate?

The Indian government introduced economic reforms in 2012, which included increasing foreign participation levels in direct investment, but this didn’t stop the INR from its downward trend against the CAD.

The US Federal Reserve Board’s 2013 announcement that it was considering a cut-back on its foreign bond buying program greatly affected foreign investors in India.

The INR fell hard against currencies like the US dollar (USD) and British pound sterling (GBP), and a bit less so against the CAD. By March 2014 the CAD traded at INR 54.87. In February 2015 the CAD fell below the INR 50 mark, and in August 2015 it traded at INR 49.39.

India’s positive long-term growth and a projected 7% GDP growth in the coming years looks good for the INR. However high unemployment and high public debt challenge Canada’s economy. There is hope that demand for its oil and other Canadian commodities will help.

Bottom line

Finding the best time to trade overall depends on what’s happening politically, economically and socially in India or Canada. Watch for market fluctuations when you think you’re ready to trade.

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2 Responses

  1. Default Gravatar
    ArashdeepMarch 21, 2018

    when the dollar rate will go up in future

    • Avatarfinder Customer Care
      MayMarch 23, 2018Staff

      Hi Arashdeep,

      Thanks for your inquiry! The dollar rate is volatile and could go up and down at anytime depending on the currency exchange rates in the market and other economic factors that affect the conversion. So I’m afraid we can’t really tell when the dollar value would rise or fall.


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