CAD/INR: what to know
The CAD/INR rate shows how much INR you get for 1 CAD. Right now, 1 CAD buys 68.8561 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0145 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while INR responds to oil prices and capital flows.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the CAD/INR rate has ranged between 62.5703 and 70.3809 — a change of +8.03% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.