INR/CAD
Market Open
15 Jun, 08:29
CA$
0. 014760
+0.000039
+0.2629%
CA$
590 Volume
CA$ 0.014722
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INRCAD Overview
INRCAD denotes the exchange rate between the Indian Rupee and the Canadian Dollar, expressing how many Canadian dollars are required to purchase one Indian rupee. The pair tracks the relative value of INR versus CAD and is used to price bilateral transactions and currency positions.
The Indian Rupee (INR) is the official fiat currency of the Republic of India. It serves as the unit of account across India and its administered territories and is issued and regulated by the Reserve Bank of India (RBI), which also formulates monetary policy and manages the country’s foreign exchange reserves.
The Canadian Dollar (CAD) is the national currency of Canada and functions as the primary medium of exchange within the Canadian economy. Banknotes and coins are issued by the Bank of Canada, which is responsible for monetary policy, currency issuance, and promoting financial system stability.
The INRCAD rate is determined by supply and demand in foreign-exchange markets and is shaped by interest-rate differentials, inflation dynamics, central bank actions from the RBI and Bank of Canada, capital flows, trade balances and geopolitical developments. Commodity prices and global risk sentiment can also exert influence.
For traders, businesses and investors, INRCAD is relevant for pricing imports and exports, managing currency risk between India and Canada, implementing hedges and pursuing speculative or arbitrage opportunities tied to macroeconomic divergence.
The Indian Rupee (INR) is the official fiat currency of the Republic of India. It serves as the unit of account across India and its administered territories and is issued and regulated by the Reserve Bank of India (RBI), which also formulates monetary policy and manages the country’s foreign exchange reserves.
The Canadian Dollar (CAD) is the national currency of Canada and functions as the primary medium of exchange within the Canadian economy. Banknotes and coins are issued by the Bank of Canada, which is responsible for monetary policy, currency issuance, and promoting financial system stability.
The INRCAD rate is determined by supply and demand in foreign-exchange markets and is shaped by interest-rate differentials, inflation dynamics, central bank actions from the RBI and Bank of Canada, capital flows, trade balances and geopolitical developments. Commodity prices and global risk sentiment can also exert influence.
For traders, businesses and investors, INRCAD is relevant for pricing imports and exports, managing currency risk between India and Canada, implementing hedges and pursuing speculative or arbitrage opportunities tied to macroeconomic divergence.
INRCAD Chart
INRCAD FAQ
What is the current INR/CAD price?
The current rate is CA$0.014760, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the INR/CAD rate changed today?
The rate has changed by +0.000039 (+0.2629%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was CA$0.014722, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is INR/CAD moving up or down?
Movements in INR/CAD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.2629%) is based on the difference between the current rate and the previous closing rate.
Is INR/CAD trending up or down right now?
If the current rate (CA$0.014760) is above the previous close (CA$0.014722), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for INR/CAD directly on this page.
