1 CAD to INR
December 28, 2018
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1 CAD to INR in 1947 till 2018 | Historical Exchange Rates

1 CAD to INR

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1 CAD to INR in 1947 till 2018 | Historical Exchange Rates

Recent CAD-INR Update

Today’s Forecast Expected High Expected Low
51.95 51.83
CAD-INR Historical Prices
Date Open Closing Low High
24-04-19 51.935 51.953 51.809 52.246
23-04-19 52.507 51.955 51.800 52.506
22-04-19 51.874 52.508 51.855 52.509
19-04-19 51.866 51.782 51.782 52.928
17-04-19 52.050 51.993 51.993 52.255
15-04-19 51.586 52.213 51.827 52.216
12-04-19 51.564 51.863 51.564 52.007
11-04-19 51.923 51.911 51.542 52.927
10-04-19 51.965 51.923 51.819 52.181
09-04-19 52.248 51.966 51.950 52.367
08-04-19 51.708 52.247 51.688 52.527
04-04-19 51.283 51.615 51.283 51.894
03-04-19 51.643 51.609 51.259 51.713
02-04-19 51.982 51.651 51.557 52.003
01-04-19 52.025 51.981 51.799 52.268
29-03-19 51.751 51.986 51.391 52.210
28-03-19 51.706 51.754 51.371 51.755
27-03-19 51.881 51.714 51.355 51.881
26-03-19 51.471 51.895 51.355 51.895
25-03-19 51.522 51.468 51.289 51.522
24-03-19 51.441 51.522 51.441 51.546
23-03-19 51.441 51.441 51.441 51.441
22-03-19 51.571 51.441 51.312 51.781
21-03-19 51.789 51.582 51.317 51.802
20-03-19 52.031 51.8 51.516 52.031
19-03-19 51.434 52.026 51.3 52.046
18-03-19 51.683 51.438 51.33 51.841

History of Canadian Dollar

The Canadian dollar is the official currency of Canada. The symbol is $ and the currency code is CAD. In French CAD is called dollar Canadian. Since a lot of countries’ currency is called Dollar, and in order to differentiate it from those currencies, it is written as Can$ or C$. Canadian Dollar is also known as Loonie because of the image of a loon on the one-dollar coin and huard in French. Canadian Dollar is the fifth most held reserve currency in the world after USD, EURO, Yen and GBP.

From Canadian Pound to Canadian Dollar

During the mid-18th century, Canadians were debating whether to adopt a sterling monetary system or a decimal monetary system based on the US dollar. The British Empire preferred the use of Sterling Pound throughout its empire but the British North American Provinces preferred Dollar because of the trade relations and the close proximity to the United States. In 1841, Canada adopted a new system based on the Halifax rating. The new Canadian pound was equal to four US dollars, making one pound sterling equal to 1 pound, 4 shillings, and 4 pence Canadian. Thus, the new Canadian pound was worth 16 shillings and 5.3 pence sterling.

History of 1 CAD to INR in 1947 till 2018

India got its independence from the British Empire in 1947. Indian Rupee replaced the British Empire currency and was pegged to US Dollar in 1966. Canada shares historical trade and bilateral relationship with the US which means any change in the US Dollar has an effect on the Canadian Dollar. 4% of the Canadian population identify themselves as Indians. This number is huge which means a lot of people movement happen between Canada and India. Because of this flow, conversion of CAD to INR is significantly high, even on par with Pound and Dollar.

This also gives rise to the question about the value of 1 CAD to INR in 1947 and how much change has this CAD to INR conversion happened over the years. Since both CAD & INR are pegged to USD and any changes in USD means changes in CAD & INR. But Indian currency went through a couple of devaluations, fought 3 wars and had to deal with 2 economic crisis which would have had an impact on the historical exchange rates of 1 CAD to INR. It is worth to mention that Indian Rupee performed brilliantly against USD during the 2005-09 period and the Canadian dollar’s value against the U.S. dollar also rose sharply in 2007 because of the continued strength of the Canadian economy and the U.S. currency’s weakness on world markets.

1 CAD to INR Historical Exchange Rates

    YEAR     1 CAD to INR    YEAR        1 CAD TO INR
1947      4.37 2001       30.46
1949      4.37 2002       30.97
1966     5.9 2003       33.24
1987     9.77 2004       34.83
1988      11.30 2005       36.39
1989     13.70 2006       39.93
1990      10.49 2007       38.49
1991     19.85 2008       40.77
1992     21.44 2009      41.12
1993     23.63 2010      45.28
1994     22.97 2011      46.66
1995     23.62 2012      56.29
1996     25.98 2013  59.17
1997     26.22 2014    56.60
1998     27.81 2015    53.57
1999     28.97 2016    52.97
2000     30.26 2017    46.99

As of December 2018, 1 CAD to INR is equal to 51.51

Source: xe.com, http://fx.sauder.ubc.ca/etc/USDpages.pdf

1 CAD to INR Last 10 Years Performance (in Graph)

1 CAD to INR

1 CAD to INR Decade-wise Performance (Slideshow)

1 CAD to INR

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