Getting the best available CAD Rate Today with BookMyForex

As per today’s exchange rate i.e. Tuesday 31/01/2023 , 1 Canadian Dollar is equals to 60.8374 Indian Rupees. Change in CAD rate from previous day is -0.7%.

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 Profile

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. 

At present, Canadian dollar forms about 2% of global currency reserves which makes it fifth most held reserve currency in the world after the US Dollar, Euro, Yen and British Pound. It also implicates that the Canadian Dollar is considered as a stable currency in the world. 

As per a report, about 3 lakh Indians visited Canada in 2018 only which was the highest number of people travelling to Canada from the entire Asia-Pacific region.

If you are planning to travel to Canada in the near future, you would certainly require Canadian Dollars to transact there. You can now buy or sell CAD at the best Canadian dollar exchange rate in your city online with BookMyForex which is India's first and largest online currency exchange marketplace.

Why Should You Purchase Canadian Dollars from BookMyForex?

Live Rates: With BookMyForex you buy/sell Canadian Dollars (CAD) at live and transparent rates. The rates are dynamic and are updated every few seconds. Thus, you end up saving anywhere between 2% - 3% over other foreign exchange agencies which provide foreign exchange at a fixed rate for the day.  

Best Exchange Rate: You don’t need to haggle to get better rates as BookMyForex scans the exchange rates quoted by 100s of money changers near to your location and provides you with the best Canadian Dollar exchange rate.

Online Order Facility: While banks and other institutions require making in-person visits, you can buy or sell Canadian Dollars online with the comfort of your own home. 

Doorstep Delivery: When you buy Canadian Dollars from BookMyForex, you not only complete the process of booking from the comfort of your home but you also get your currency delivered right at your doorstep. 

Rate Freeze Feature: With this feature, you can ‘lock-in’ a specific rate for up to 3 working days by paying a refundable deposit of 2% of your total amount. 

Better CAD Exchange Rates than Indian Banks

Though you can purchase foreign exchange including Canadian Dollars from multiple places in India such as from your bank, a nearby local money changer or at the airport itself but a well-known currency exchange marketplace such as BookMyForex which function on aggregator model and provide Canadian Dollars at live rates, fares better than banks.

Here is a comparative analysis between BookMyForex and other money changers such as a bank, showcasing the reasons why bookmyforex is better on key parameters:

How to buy/sell Canadian Dollars or convert CAD to INR  from BookMyForex? 

Buying/Selling Canadian Dollars can be done in 4 simple steps through BookMyForex. 

Step 1: Go to BookMyForex.com or simply call at 9212219191 or download BookMyForex app on your mobile.

Step 2: Select the currency (INR to CAD) and enter the amount that you want to exchange

Step 3: Upload KYC documents mandated by the RBI which includes Passport, Visa, Air Ticket    and PAN card details

Step 4: Opt for doorstep delivery or collect your currency from our nearby store on successful payment. That simple!

Benefits of Purchasing Canadian Dollars at BookMyForex.com

A one-stop-shop for all forex products. Huge saving guaranteed as compared to CAD to INR exchange rates offered at airports, banks and money exchangers:

1. Live and completely transparent CAD to INR exchange rates
2. Freeze or lock-in the exchange rate by paying only 2% of the refundable deposit fee
3. Free doorstep delivery for orders over Rs. 100000/-
4. 24*7 assistance from the customer support team
5. A robust network of 5000+ reliable channel partners in 650 cities in India
6. Get instant rate alerts when your desired rate is available
7. Referral and loyalty schemes ensure big savings on subsequent orders
8. Special offers for students