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Open <% currencies.converter.data.Current.closerate %>
High <% currencies.converter.data.Current.high %>
Low <% currencies.converter.data.Current.low %>
Change
<% currencies.converter.data.Current.absolute|toFixed:5 %> (<% currencies.converter.data.Current.percentage %>%)
Convert
<% 1 %> CAD = <% 1 * currencies.converter.rate |toFixed: 4 %> INR
Into
<% 1 %> INR = <% 1 / currencies.converter.rate |toFixed: 4 %> CAD
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CAD to INR conversion rates
CAD
INR
<% amount %> CAD
<% amount * currencies.converter.rate |toFixed: 4 %> INR
INR
CAD
<% amount %> INR
<% amount / currencies.converter.rate |toFixed: 4 %> CAD
CAD to INR charts
CAD/INR Live Chart
CAD/INR Historical Chart
What impacts the CAD/INR exchange rate
Trading the Canadian dollar against the Indian rupee is an interesting proposition for experienced forex traders as this pair offers high levels of volatility and several opportunities to earn pips, if traded well. CAD/INR enjoys a strong correlation with crude oil prices, as crude oil is one of the most important exports out of Canada while India is one of the biggest importers of crude oil globally. When crude oil prices increase, it strengthens the CAD and weakens the INR, causing this currency pair to trade bullish. CAD/INR's exchange rate is also impacted by key economic events in Canada and India as well as monetary policy decisions by the Bank of Canada (BOC) and the Reserve Bank of India (RBI). Major economic data that influence the value of the Canadian dollar and the Indian rupee include Gross Domestic Product (GDP), unemployment rate, trade balance, domestic consumption, business sentiment, retail sales and inflation. Whenever the central banks BOC and RBI hike interest rates or turn more hawkish about the monetary policy, the CAD and the INR strengthen respectively. On the other hand, if either central bank turns more dovish or accommodative in their monetary policy or slashes interest rates, it signals lower confidence in the economy and weakens the corresponding country's currency as a result.
CAD to INR exchange rate - FAQ
How does trade balance data impact the exchange rate of the CAD and the INR?

Trade is an important factor that affects the strength of an economy. For an export-oriented economy, a higher trade surplus indicates higher earnings from exports, and better economic growth. A high trade surplus or a low trade deficit serve to strengthen the country's currency.

How easy is it to trade CAD/INR?

Trading emerging markets' currencies comes with its own set of risks as they are far more volatile than major currencies from stable economies. As this pair is highly correlated with crude oil, it is among the more volatile currency pairs to trade in the forex market. Ample knowledge of technical and fundamental indicators is vital to ensure safe and profitable trading in CAD/INR.

How do changes in gold prices impact the value of the INR?

India is one of the largest consumers of physical gold in the world, after China. Whenever gold prices climb higher, it drives the Indian rupee lower, and vice versa.