The Xoom CAD to INR rate is 59.72. This is -4.1% below the mid-rate. Compare Xoom currency conversion rates - Reduce FX costs.
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The Xoom CAD to INR exchange rate is 59.72. This is -4.1% compared to the latest CAD-INR mid-market rate 62.27.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Indian rupee (INR) rates from different sources before making a conversion.
Looking at our comparison table the best CAD to INR exchange rate is 61.91 from Wise, -0.58% from the mid-market rate 62.27. The next best rate is 61.9 from XE, -0.59% from the mid-rate. Then Western Union with 61.28 is -1.6% from the mid-rate.
Among the banks, the TD Bank rate is 58.99 at -5.3%, the Scotiabank rate is 60.19 at -3.3%, and the Royal Bank of Canada rate is 60.50 at -2.8% compared to the mid-rate 62.27.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service like Xoom or platforms that offer rates closer to the mid-market rate.
The Xoom Loonie to Rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Xoom and other foreign exchange providers against the latest CAD-INR mid-rate (see Market Data below ) and the possible savings of using various providers.
Xoom is an online international money transfer service that offers a secure and fast way to send money from either bank account or credit card from their website to friends and family.
With the Xoom bank deposit service, consumers can send money directly to bank accounts in Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, India, Ireland, Italy, Jamaica, Mexico, Netherlands, Nicaragua, Panama, Peru, the Philippines, Poland, Spain, the United Kingdom, Uruguay and Vietnam.
Xoom offers cash pickup service to the following countries (number of locations as of 1/3/2013): Argentina (68), Bolivia (333), Brazil (3,798), Chile, (172), Colombia (981), Costa Rica (87), Dominican Republic (367), Ecuador (989), El Salvador (895), Guatemala (2,101), Honduras (692), Jamaica (494), Mexico (15,374), Nicaragua (150), Panama (18), Peru (1,073), Philippines (10,951), and Uruguay (279).
Home delivery services are offered to the Dominican Republic and the Philippines.
Consumers pay for Xoom money transfers using funds from their U.S. bank account, credit card, or debit card. The money transfers are paid out in either U.S. dollars or in local currency.
A popular alternative to Xoom is WorldRemit
Canadian dollar (CAD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/INR | Change | Period |
|---|---|---|---|
16 May 2025 | 61.27 | 0.8% ▲ | 2 Week |
01 Mar 2025 | 60.46 | 2.2% ▲ | 3 Month |
30 May 2024 | 60.89 | 1.5% ▲ | 1 Year |
31 May 2020 | 54.81 | 12.7% ▲ | 5 Year |
02 Jun 2015 | 51.28 | 20.5% ▲ | 10 Year |
04 Jun 2005 | 34.94 | 76.8% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to INR (Canadian dollar to Indian rupee)*.
*Converted at the current CADINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecast for CAD to INR reflects a complex interplay of factors influencing both currencies. Analysts note that the Canadian dollar (CAD) has recently benefited from rising oil prices, as Canada, being a major oil exporter, sees its currency strengthen in response to commodity price increases. Currently, the CAD is trading at 62.27 INR, which is 2.1% above its three-month average of 61.01. This suggests a bullish stance on the loonie, particularly if oil prices continue to appreciate. However, recent trends indicate that oil prices have reached 14-day lows at about 63.90 USD, which is significantly below their three-month average of 67.32. This volatility in the oil market could introduce uncertainty for the CAD moving forward, particularly if prices do not stabilize or begin to rise again.
Read our full review of recent CAD to INR forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Indian rupee:
Generally speaking, if you are buying Indian rupee with Canadian dollar, then it's better for the CAD/INR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to India — a practical currency and money guide to travel in India plus living and doing business with the Indian rupee.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add CAD/INR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| India (INR) | Canada (CAD) |
The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.
The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.
Foreign nationals are subject to all laws in India, including local, state and national laws. There is no special legal status or exemption from Indian law for foreigners.
There is no one-size-fits-all answer to this question, as the experience of doing business in India can vary greatly depending on the specific industry, company, and location. However, in general, doing business in India can be challenging due to the country's complex bureaucracy, red tape, and corruption. Additionally, businesses may find it difficult to find qualified workers, and infrastructure can be unreliable.
The economy in India is complex and diversified. India is a newly industrialized country with a fast-growing economy. India's Gross Domestic Product (GDP) grew by 7.5% in 2016, and is expected to grow by 7.1% in 2017. India is the world's second-fastest growing economy after China.
Read more at our India (INR) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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