1 CAD = 61.3658 INR Interbank/ mid-market Rate at: 09-12-2023 06:36:52
|Buy CAD Forex Card||₹61.6342|
|Sell CAD Forex Card||₹60.8541|
|Buy CAD Wire Transfer||₹61.9858|
|Buy CAD Currency Notes||₹62.511|
|Sell CAD Currency Notes||₹61.6382|
As per today’s exchange rate i.e. Saturday 09/12/2023 , 1 Canadian Dollar is equals to 61.3658 Indian Rupees. Change in CAD rate from previous day is +0.02%.
In case you are looking to get the best Canadian Dollar rates in your area, try BookMyForex. You can buy as well sell CAD at the best exchange rates with BookMyForex which provides foreign exchange at live and transparent rates. Since the currency exchange market is highly volatile, Canadian Dollar rates keep on changing throughout the day. You can check live Canadian Dollar rates online at BookMyForex.com and place an order to buy or sell Canadian Dollar online at the live rates.
Canadian Dollar is the official currency of Canada which is also abbreviated as CAD in the international currency exchange markets. It is also represented as C$ or CA$ symbolically to differentiate it with other dollar-denominated currencies. A Canadian dollar is subdivided further into 100 cents.
Canadian currency is relatively colourful and bright, much like other international currency notes. Canadian banknotes feature vibrant colours such as red, purple, green, orange, and yellow which make it easy to distinguish between the different denominations. The Bank of Canada switched from paper money to synthetic polymer notes in 2011, which are very hard to counterfeit, last twice as long as paper money, and are virtually waterproof.
The last thing you want is to run to the bank or money exchanger every time you need CAD. We at BookMyForex strive to make travel planning simple and enjoyable for you. It is crucial that you obtain local currency before you travel to Canada if you want a smooth journey. It can also be very difficult to buy foreign currency notes in a foreign country, and it can certainly ruin your leisure time. Yet we at BookMyForex do our utmost to prevent that. The genuine currency notes are delivered to your doorstep in 185 cities on the same day.
Foreign currency can now be obtained much more easily and hassle-free thanks to online forex platforms like BookMyForex. With us, you can exchange foreign currency from anywhere and at any time in India. There was a time when people turned to exchange counters at airports, and bought from unreliable sources. Using BookMyForex, you can buy CAD or Canadian dollars from the comfort of your own home at the best exchange rate. To provide you with the best rate, we compare hundreds of money changers in your area. You can also freeze the rates for up to three days by paying a refundable deposit of 2%.
Travelling overseas is exciting, and in our busy and stressful world, it is a great way to unwind and rejuvenate. However, searching for the best forex rates is one of the most difficult tasks when planning a foreign vacation. With online forex platforms like BookMyForex, finding competitive exchange rates is now easier than ever. Our exclusive tie-ups with banks and money changers throughout India allow us to offer the best rates for Canadian dollars. With our platform, you can find live and transparent exchange rates that will enhance your vacation experience. The world is constantly evolving and in today’s digital era, buying foreign currency has become simple as ever. Our website allows you to convert INR into CAD at the best exchange rate in just a few clicks.
BookMyForex has become one of the most popular methods of obtaining foreign currency due to the availability of live currency exchange rates, the ability to lock favourable exchange rates, and the ease of home delivery of genuine currency notes. You can trust us to provide you with forex at reasonable rates. With BookMyForex's 'Rate Alert' feature, you will be notified when the Canadian dollar rate you desire becomes available. You don't have to rush to the exchange counters at the airport or find dealers abroad, so you can buy CAD at BookMyForex from the convenience of your own home and enjoy your leisure trip to the fullest.
How can you buy/sell CAD at the best rates with BookMyForex?
Regardless of the currency you're looking for, we've got you covered! In addition, you can even get currency notes delivered right to your doorstep. Here's how to buy/sell CAD at the best rates with BookMyForex:
Step 1: Start booking the order by selecting your city, selecting the currency, and entering the forex amount.
Step 2: To proceed, you will need to enter your mobile number, your email ID, your name, and the OTP sent to your mobile number or email address. You will also need to enter the country you are travelling to, and the start & end dates of your journey.
Step 3: Next comes the eligibility check, where you must specify the purpose of your trip. You will need to upload a few documents depending on your trip's purpose.
Step 4: The next step is to enter the delivery address, including the phone number, street address, Pincode, landmark, city, and state.
Step 5: The final step before making a payment is to review the order. UPI, net banking, debit cards, credit cards, cash, or NEFT can be used to make payments.
Foreign exchange for Canadian Dollar is offered by BookMyForex through currency notes as well as multi-currency forex cards. Additionally, you can send money to Canada at live exchange rates. We offer below forex products:
|Canadian Dollar (CAD)||Indian Rupee (INR)|
|Canadian Dollar (CAD)||Indian Rupee (INR)|
|1 Million CAD||61365800|
|Last 30 Days||Last 90 Days|
The Canadian Dollar is the currency of the Canada. The currency code for Canadian Dollar is "CAD". Click below to get more details and facts about Canadian Dollar, its ranking & rates.More info
CAD to INR forecast derived from the thorough analysis of CAD to INR exchange rate via moving averages, buy/sell signals & expert chart indicators. Click below to get a detailed CAD to INR forecast.More info
The Canadian dollar should only be purchased or sold at favourable exchange rates only. With an online forex platform like BookMyForex, you can easily lock in favourable currency exchange rates. Upon obtaining the desired rate, you may freeze it for three consecutive days. You can also set up alerts for your desired rates. You will be notified when your preferred rate becomes available. Most likely, you should only buy or sell CAD once your preferred rate is available.
Having an understanding of the foreign exchange rate can help you calculate how much domestic currency needs to be converted into foreign currency when travelling. Moreover, there are wide variations in the exchange rates used to convert foreign currency from place to place, and some businesses take advantage of needy travellers to gain profit. Therefore, make sure you check the CAD/INR exchange rate before buying or selling forex to avoid losing your hard-earned money.
Several factors are known to influence the value of the Canadian dollar, including:
1) Interest rates in Canada are relatively higher, which increases demand for Canadian dollar-denominated securities by foreign investors.
2) Prices of world commodities also have a direct correlation with the value of the Canadian dollar.
3) The exchange rate is positively affected by sustained, relatively low inflation in Canada.
4) Foreign investment in Canada increases foreign demand for Canadian dollars, resulting in higher exchange rates.
5) An increase in Canadian output and exports would increase the demand for Canadian dollars.
The stability of a currency can only be determined relative to some other currency, not in absolute terms. If you look at the historical charts of CAD to INR exchange rate, it has traded in the range of INR 59 - 62 with an average around INR 60. Therefore, historical data of CAD to INR rates indicate that from a long term perspective, it was quite a stable pattern of exchange rates, however with some volatility in the short term.