The 10 000 CAD to INR exchange rate is a crucial factor to consider when planning a trip to India or converting Canadian dollars to Indian rupees. The current exchange rate is fluctuating and can vary depending on the source and time of conversion.
As of our analysis, the exchange rate is approximately 1 CAD to 74 INR. This means that 10 000 CAD is equivalent to around 740 000 INR.
Conversion Basics
The average exchange rate for Canadian Dollar to Indian Rupee over the period from 2024-1-4 to 2025-1-3 was 61.048 Indian Rupees per Canadian Dollar.
To convert Canadian Dollars to Indian Rupees, you can use the conversion rates provided. For example, 1 Canadian Dollar is equivalent to 59.345 Indian Rupees.
The conversion rates show that 5 Canadian Dollars is equivalent to 296.72 Indian Rupees, and 10 Canadian Dollars is equivalent to 593.45 Indian Rupees.
Here's a breakdown of the conversion rates for different amounts of Canadian Dollars:
Historical Data
Historical data can be a valuable tool for understanding exchange rate fluctuations. The lowest INR to CAD exchange rate in the last year was 0.01602 Canadian Dollars per Indian Rupee on August 27, 2024.
This rate is a significant drop from the average exchange rate, highlighting the volatility of the market. The low point was 0.01602 Canadian Dollars per Indian Rupee on August 27, 2024.
It's essential to keep in mind that exchange rates can change rapidly, making it crucial to stay informed. The low point was 0.01602 Canadian Dollars per Indian Rupee on August 27, 2024.
Understanding historical data can help you make more informed decisions when converting large amounts of money, like 10,000 CAD to INR.
Market Trends
The CAD to INR exchange rate has seen a significant change over the past year, with the Canadian Dollar losing 4.52% of its value against the Indian Rupee.
This decline in value indicates that you now need fewer Indian Rupees to buy the same amount of Canadian Dollar compared to last year. For example, to buy 10,000 Canadian Dollar, you now need 593,580 Indian Rupee, whereas last year you needed 621,660 Indian Rupee.
The CAD to INR exchange rate has also experienced moderate volatility of 5.74%, which means there's a balance of potential gains and risks involved.
What Was the Highest
The CAD to INR exchange rate has fluctuated over the years, but what were the highest points? The high point for the CAD/INR rate was 62.415 Indian Rupees per Canadian Dollar on August 27, 2024.
Looking further back, we can see that the CAD/INR rate reached an even higher point, with each Canadian Dollar being worth 63.058 Indian Rupees on December 27, 2023, the highest rate in the last 10 years.
This indicates that the CAD/INR exchange rate has been steadily increasing over the past decade, with significant peaks in 2023 and 2024. The high point for the CAD/INR rate was 62.415 Indian Rupees per Canadian Dollar on August 27, 2024.
Performance Trends
The Canadian Dollar has seen a decrease in value against the Indian Rupee, with a year-to-date loss of -0.31% and a 10-year appreciation of +24.36%.
Over the past year, the CAD/INR rate has decreased by 4.52%, indicating that the Canadian Dollar has lost value against the Indian Rupee.
In contrast, the Indian Rupee has increased in value against the Canadian Dollar, with a year-to-date gain of +0.31% and a 10-year decline of -19.59%.
Moderate volatility of 5.74% has been experienced by the CAD/INR pair, indicating a moderate risk of price changes.
Here's a summary of the CAD/INR performance over the past year:
This change indicates that the Canadian Dollar has lost value against the Indian Rupee over the past year.
Currency Strength Comparison
The Canadian Dollar is currently stronger than the Indian Rupee, as 1 CAD is equal to 59.358 INR. This means that if you exchange 10,000 CAD, you'll get a significant amount of Indian Rupees.
Conversely, 1 INR is worth 0.017 CAD, which is a relatively weak value compared to the Canadian Dollar. This exchange rate can affect your purchasing power when traveling to India or conducting business with Indian companies.
The Canadian Dollar is stronger than the Indian Rupee, as 1 CAD is equal to 59.345 INR. This is a consistent trend in the current exchange rate.
1 INR is worth 0.01685 CAD, which is a slight variation in the exchange rate. However, this difference is relatively minor and may not significantly impact your financial transactions.
Overall, the Canadian Dollar holds a strong position against the Indian Rupee in the current exchange rate.
Real-Time Updates
With the fluctuating exchange rates, it's essential to stay up-to-date on the current CAD to INR conversion.
The daily updates show a high of 61.6436 INR for 1 CAD over the last 90 days, which is a significant increase.
You can view the full history of the exchange rate to see the trends and patterns.
The mid-market exchange rate today is 59.358 INR for 1 CAD.
Here's a summary of the exchange rate changes over the last 30 and 90 days:
The exchange rate has decreased by -0.75% over the last 30 days and -3.70% over the last 90 days.
Currency Performance
The Canadian dollar has lost value against the Indian rupee by 4.52% over the past year.
To buy 10,000 Canadian dollars, you currently need 593,580 Indian rupees.
This change in value indicates a shift in the currency market, making it essential to stay informed.
The CAD to INR pair experienced moderate volatility of 5.74%, representing a balance of potential gains and risks.
The Canadian dollar is currently stronger than the Indian rupee, with 1 CAD equal to 59.358 INR, and 1 INR worth 0.017 CAD.
Tips and Guides
The best time to convert CAD to INR is between 3-4 PM GMT, as currency market liquidity and trading volume tend to be the highest during this time.
You can also convert early in the week if you need INR urgently to avoid delayed settlement until the following week, as forex markets are closed on weekends.
To get the best CAD to INR exchange rate, shop around and use reputable currency conversion tools to get the CAD/INR mid-market exchange rate, and set up rate alerts to notify you when the rate hits your preferred level.
Opening a multi-currency account can also help you hold a balance in the currency of your choice, including CAD and INR, and wait until exchange rates are favorable to avoid unnecessary conversions.
How to?
To convert Canadian Dollars to Indian Rupees, you can choose to exchange money in person or digitally. You can find the most recent exchange rate to see the value of the converted currency.
If you decide to exchange money in person, you'll need to choose an exchange service that suits your needs, head there with the money in Canadian Dollar cash, and get a quote for the exchange rate and any commission or fee you need to pay. You'll then hand over your money and receive your Indian Rupee in cash.
Alternatively, you can choose an international payment service that suits your needs and exchange your money digitally. To do this, you'll tap Send Payment, enter the amount in Canadian Dollar you want to send, and choose your preferred payment method. Your money will then be deposited to your recipient's bank account directly, in Indian Rupee.
To get the best CAD to INR exchange rate, you'll need to shop around and compare rates from different banks, currency exchange offices, and international payment services. You can use reputable currency conversion tools to get an idea of the mid-market exchange rate and set up rate alerts to notify you when the rate reaches your preferred level.
If you're exchanging a large amount of money, it's a good idea to open a multi-currency account to hold and exchange currencies digitally. This can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person.
Here are some options to consider when exchanging CAD to INR:
- Exchange money in person at a currency exchange store, bank, or airport
- Use an online service to exchange your money digitally
- Open a multi-currency account to hold and exchange currencies digitally
Remember to always check the exchange rate and any commission or fee you need to pay before making a transaction.
When to Go
The forex markets are open 24x5, so you can convert your money at any time, but be aware that exchange rates can fluctuate by the minute.
The best time to convert your money is between 3-4 PM GMT, when currency market liquidity and trading volume tend to be the highest.
If you need the converted currency urgently, it's a good idea to convert early in the week, as executing a trade late in the week might result in a delayed settlement until the following week, since forex markets are closed on weekends.
The markets are closed on weekends, so any trades executed on Friday will be settled the following Monday.
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