Canadian Dollar to Indian Rupee ( CAD to INR ) Exchange Rate

Canada made the decision to switch from the Sterling Pound to the Dollar as a result of the widespread use of the Spanish Dollar or Peso in North America during the 18th and early 19th centuries, as well as the standardisation of the American Dollar. The province of Québec strongly advocated for the use of the Dollar, with the Bank of Montreal issuing banknotes in Dollars as early as 1817, while the Atlantic colonies, which had closer ties to the United Kingdom, were less supportive.

In January 1858, the province of Canada announced that all accounts would be denominated in Dollars and introduced the first official Canadian Dollars in the same year. The other colonies that would later join the Canadian Confederation gradually adopted a decimal system in subsequent years.

Finally, in April 1871, the government enacted the Uniform Currency Act, which unified the currencies of the various provinces under a single Canadian Dollar. The gold standard was officially abolished on 10th April 1933.

Check Your Credit Score

Currency Exchange Rate (CAD to INR) - Last 10 Days

Date	1 CAD to INR
12-Sep-25	₹63.79
11-Sep-25	₹63.80
10-Sep-25	₹63.52
9-Sep-25	₹63.77
8-Sep-25	₹63.76
7-Sep-25	₹63.69
6-Sep-25	₹63.69
5-Sep-25	₹63.72
4-Sep-25	₹63.78
3-Sep-25	₹63.81

CAD to INR

In the Forex market, the seventh most traded currency is the Canadian dollar. Due to Canada's high raw material export, CAD is also considered as a commodity currency. The currency was initially introduced in the country in the early 1660s. The Montreal Bank issued the very first notes in 1821. Soon after that, the notes became the primary mode of payment.

The exchange rates of the currency are determined by various factors such as economic performance, political stability, terms of trade, public debt, interest rate, and inflation.

Check Your Credit Score

Be Money-Smart with our App

FAQs on Canadian Dollar to Indian Rupee

• Should I return the Canadian dollars I brought on my trip when I return to India?

  Yes, foreign exchange that is unspent, which is in the form of traveller's cheques or currency notes, has to be surrendered within 180 days of your return to India.

• Can I exchange Canadian dollars online?

  Yes, you can exchange Canadian dollars online through a bank or recognised foreign exchange platform.

• What are the factors that affect the Canadian dollar's exchange rate?

  The exchange rate of the Canadian dollar is influenced by a host of factors ranging from the monetary policy of the central banks to oil prices and global events.

• How can I determine if Canadian Dollar currency notes are genuine?

  There is no specific method to determine the authenticity of Canadian Dollar currency notes. However, to avoid counterfeit currency, it is advisable to conduct currency transactions with reputable and trusted currency exchangers.

• What is the limit for carrying Canadian Dollars to Canada?

  According to the Reserve Bank of India's Liberalized Remittance Scheme (LRS), individuals are allowed to consume foreign exchange up to a cumulative limit of 2.5 lakh US Dollars or its equivalent in other currencies in a financial year. You can calculate the limit for carrying Canadian Dollars based on your previous foreign exchange consumption during the current financial year.

• Is it advisable to convert Indian Rupees to Canadian Dollars in Canada?

  Carrying Indian Rupees in cash while travelling abroad is limited to Rs.25,000. Additionally, exchanging currency in Canada may result in higher exchange rates compared to India. Using debit or credit cards abroad can also incur additional charges of around 3% to 5% compared to using a Forex card. Therefore, converting Indian Rupees to Canadian Dollars in Canada may not be the most cost-effective option.

• Should I convert Canadian Dollars to Indian Rupees at the airport?

  No, converting Canadian Dollars to Indian Rupees at the airport should be your last resort, as the exchange rates at the airport are generally higher compared to banks, local money changers, or online currency exchange platforms. Exchanging Canadian dollars at the airport can result in additional costs of around 5% to 8%. It is advisable to explore other options before considering currency exchange at the airport.

• Which bank manages the Canadian Dollar?

  of the country. In its role as the central bank, the BOC is responsible for managing the Canadian Dollar and Canada's monetary policy, which involves determining interest rates and regulating the money supply.