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Understanding the Table:
The comparison table above helps you see the total cost of your ING Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Australian dollar (AUD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/INR Outlook: Slightly positive, but likely to move sideways, as the rate is well above its average and lacks a clear driver.
AUD/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average, yet lacks a clear driver.
USD/INR Outlook: Slightly positive, but likely to move sideways as the rate is just above its recent average and influenced by mixed drivers.
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The ING Bank AUD to INR exchange rate is 53.91. This is -16.5% compared to the latest AUD-INR mid-market rate 64.53.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Indian rupee (INR) rates from different sources before making a conversion.
The above ING Bank - Aussie to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest AUD-INR mid-rate and the possible savings of using various providers.
Looking at the full AUD to INR - Send Money comparison table the provider with the best AUD to INR exchange rate is XE at 64.14, -0.6% from the latest mid-market rate 64.53.
The next best is Wise at 64.1, -0.67% from the mid-rate.
Then Western Union at 63.56, which is -1.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 62.79 at -2.7% the ANZ Bank rate is 62.29 at -3.5% and the ING Bank rate is 53.91 at -16.5% compared to the mid-rate 64.53.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING Bank 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 or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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