INR/AUD: what to know
The INR/AUD rate shows how much AUD you get for 1 INR. Right now, 1 INR buys 0.0146 AUD at the mid-market rate. In the other direction, 1 AUD is worth 68.3835 INR.
In the short term INR is driven mainly by oil prices and capital flows, while AUD responds to commodity prices and Chinese demand.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Over the past 12 months the INR/AUD rate has ranged between 0.0144 and 0.0175 — a change of -14.49% 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.