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Australian Dollar to Indian Rupee Exchange Rate

Live Rate

= 50.7104

Refreshing in: 60s | Sun, 17 Jun 11:38pm GMT

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Historical Rate chart of AUD and INR

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Updated: 17 Jun 2018 23:38:55 UTC

Australian Dollar

The Australian dollar is the fifth most traded currency in the world. When it was first created, suggestions for its name included the koala, the royal and the austral. Even so, it's commonly referred to as the "Aussie" in forex markets.
Currency:Australian Dollar
Currency Symbol:$, A$
Sub unit:cent
Sub unit symbol:c
Bank notes:$5, $10, $20, $50, $100
Coins:5c, 10c, 20c, 50c, $1, $2

Indian Rupee

The rupee is the official currency of India, the seventh-largest economy measured by GDP and the fastest growing economy in the world. Banknotes display 15 languages, including Bengali, Kashmiri, Punjabi and Sanskrit. While many think that the rupee is made of paper, it's actually composed of cotton and rag.
Currency:Indian Rupee
Currency Symbol:
Sub unit:paisa
Sub unit symbol:p
Bank notes:₹1, ₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹2000
Coins:50 paise, ₹1, ₹2, ₹5, ₹10

Australian Dollar to the Indian Rupee for the last 10 years

Jun 2008 Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Jun 2016 Jun 2017
1 AUD = 40.4153 Inverse: 0.0247 38.0672 Inverse: 0.0263 40.1502 Inverse: 0.0249 47.2400 Inverse: 0.0212 55.6885 Inverse: 0.0180 55.1442 Inverse: 0.0181 56.1316 Inverse: 0.0178 49.7333 Inverse: 0.0201 49.4202 Inverse: 0.0202 48.7076 Inverse: 0.0205

Compare AUD/INR exchange rates

This money transfer comparison uses current exchange rates, so you can simply put in your transfer amount and see how much money will arrive in India if you were to send it right now.

Send money from Australia to India

Rates last updated June 17th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
TorFX guarantee to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

Exclusive: Instarem International Money Transfers
AUD 200
1 day
Online, Phone
Exclusive: finder customers receive $15 off their first transaction. T&C's apply.
InstaRem offers simple and quick international money transfers with zero-margin exchange rates. There's a flat 0.5% transfer fee for most transfers. Earn loyalty points on sign up, referral and every transaction, plus finder customers receive $15 off first transfer (T&Cs apply).
OFX (Ozforex) International Money Transfers
AUD 250
1 day
Online, Phone, Agent
Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.
XE International Money Transfers
AUD 0
1 day
Online, Phone, Bank Account to Bank Account
With global payments provider XE, enjoy fast and secure transfers and a range of foreign currency tools and calculators, while benefiting from $0 transfer fees.
HiFX International Money Transfers
AUD 50
2 days
Online, Phone, Agent
Transfer amounts as low as $50. No maximum transfer amount. No transfer fees if you transfer more than AU$10,000.
ANZ International Money Transfer
AUD 0
1 - 2 days
Online, Phone, Bank Account to Bank Account
Transfer to over 99 countries via online banking, phone banking or through an ANZ Bank branch. Rate last updated on 29/05/2018 at 4:20 pm. Find out how we calculate this exchange rate.
BFX Australia International Money Transfers
AUD 250
2 days
Online, Phone, Agent, Bank Account to Bank Account, International Money Order
Pay $0 fee when you transfer more than $5000, regardless of whether you transfer online, over the phone or in branch.
Foremost Currency Group
AUD 1,000
1 day
Online, Phone, Agent, Bank Account to Bank Account
Trade over 40 currencies with no transfer fees with Foremost Currency Group.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
  • Compare money transfer services: Some services have better exchange rates than others. You can check the services below to find good rates, as well as ones without any fees.
  • Send money when exchange rates are favourable: Exchange rates change constantly, so good timing can save you a lot of money.

This guide lists money transfer services you can use, and explains how to find the best AUD/INR exchange rates.

Australian Dollar to the Indian Rupee for the last 10 months

Aug 2017 Sep 2017 Oct 2017 Nov 2017 Dec 2017 Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018
1 AUD = 50.5663 Inverse: 0.0198 51.3400 Inverse: 0.0195 50.7555 Inverse: 0.0197 49.5731 Inverse: 0.0202 48.9931 Inverse: 0.0204 50.2972 Inverse: 0.0199 50.5162 Inverse: 0.0198 50.6539 Inverse: 0.0197 50.6322 Inverse: 0.0198 50.9413 Inverse: 0.0196

Australian Dollar to the Indian Rupee for the last 10 days

Jun 07 Jun 08 Jun 09 Jun 10 Jun 11 Jun 12 Jun 13 Jun 14 Jun 15 Jun 16
1 AUD = 51.3419 Inverse: 0.0195 51.3384 Inverse: 0.0195 51.3324 Inverse: 0.0195 51.3265 Inverse: 0.0195 51.3213 Inverse: 0.0195 51.1102 Inverse: 0.0196 51.2005 Inverse: 0.0195 50.6643 Inverse: 0.0197 50.7638 Inverse: 0.0197 50.7638 Inverse: 0.0197

AUD/INR: How to get the best exchange rates

You can get good rates by simply picking the money transfer service with the best exchange rate and no fees.

However, if you really want the best AUD/INR exchange rates you can combine that with some other tricks.

The key is to ask yourself whether you can get better exchange rates by sending money now, or if you’ll get more value by waiting a while. This means making an exchange rate forecast, and looking at previous trends.

Let’s start by looking at how rates have changed so far in 2017, and then by looking at how you can forecast future changes.

AUD/INR historical exchange rate

Australian Dollar AUD to Indian Rupee INR exchange rate history

Rates based on data from exchangerates.org.uk

This graph shows how many Indian rupees 1 Australian dollar was worth throughout 2017 so far. At the highest point shown (15 February) 1AUD was worth 51.61 INR. At its lowest as of the time of writing (the start of June) 1AUD was worth 47.5 INR.

Let’s look at how much of a difference this would make if you were sending $1,000 to India.

15 February 20171 June 2017
Transfer amount (in AUD)$1,000$1,000
Exchange rate1 AUD = 51.61 INR1 AUD = 47.51
Amount received (in INR)51,61047,510

In this example, you would have sent an extra 4,100 INR to India by transferring in February instead of June.

This gives you an idea of how much they can change over time. Compare this to the exchange rates right now.

Refreshing in: 60s | Sun, 17 Jun 11:39pm GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.3440 Inverse: 0.7440 1.3200 Inverse: 0.7576 0.8624 Inverse: 1.1595 6.4459 Inverse: 0.1551 0.7534 Inverse: 1.3274 68.1560 Inverse: 0.0147 20.6845 Inverse: 0.0483 53.4616 Inverse: 0.0187
1 AUD = 0.7440 Inverse: 1.3440 1.0000 0.9821 Inverse: 1.0182 0.6417 Inverse: 1.5584 4.7960 Inverse: 0.2085 0.5605 Inverse: 1.7840 50.7104 Inverse: 0.0197 15.3900 Inverse: 0.0650 39.7773 Inverse: 0.0251
1 EUR = 1.1595 Inverse: 0.8624 1.5584 Inverse: 0.6417 1.5305 Inverse: 0.6534 1.0000 7.4740 Inverse: 0.1338 0.8735 Inverse: 1.1448 79.0267 Inverse: 0.0127 23.9836 Inverse: 0.0417 61.9886 Inverse: 0.0161
1 GBP = 1.3274 Inverse: 0.7534 1.7840 Inverse: 0.5605 1.7520 Inverse: 0.5708 1.1448 Inverse: 0.8735 8.5560 Inverse: 0.1169 1.0000 90.4669 Inverse: 0.0111 27.4556 Inverse: 0.0364 70.9623 Inverse: 0.0141

AUD/INR exchange rate forecast

This means predicting which way the exchange rates are likely to go. In other words, which currency will get stronger faster? Will either of them decrease in value?

Making a forecast means looking at economic factors for both countries, and what you can expect to happen for each.

  • When AUD is strong or INR is weak: This is a good time to transfer.
  • When AUD is weak or INR is strong: This is a bad time to transfer.

By staying on top of the news you can look out for events that will make either currency stronger or weaker.

There are too many factors to consider all of them, so you might want to just look at some of the most important ones. Three main factors to look at are:

  • Balance of trade
  • Inflation
  • Interest rates

These are good factors to look at because they make a big difference, and because it’s easy to stay on top of them and get hard numbers for each.

Balance of trade

This is the difference between how many foreign goods a country imports, and how much it exports.

  • More exports: This leads to a stronger currency
  • More imports: This leads to a weaker currency

If someone wants to buy Australian goods (Australian exports), then they’ll need to pay with Australian dollars. This increases the demand, and therefore the value of the currency.

Imports have the opposite effect. If Australians want to buy imports (other country’s exports) then they’ll need to exchange Australian dollars for the foreign currency. This increases the supply of AUD and therefore decreases its value.

As such, Australia’s imports and exports, with any country, affects the value of AUD, while India’s imports with any country affect the value of INR.

Naturally, imports and exports between Australia and India have a particularly big effect, because they make one country’s currency stronger, and the other country’s currency weaker at the same time.

Inflation

Inflation specifically refers to how prices rise in a country. Higher prices mean each dollar buys you less than before, and is therefore weaker than before.

  • Low inflation: This leads to a stronger currency
  • High inflation: This leads to a weaker currency

This is a major factor because it has both direct and indirect effects on exchange rates.

  • Direct effects: Inflation directly determines how much each currency is worth, and how its value is changing over time.
  • Indirect effects: Foreign investors want to see lower inflation, because it means their money is safer in that country. A low inflation rate attracts more investors, which therefore increases currency demand, similar to balance of trade.

Interest rates

These are the same kinds of interest rates you see when you put your money in a savings account or take out a loan.

  • High interest rates: This leads to a stronger currency
  • Low interest rates: This leads to a weaker currency

The specific rates you should look at are the official Cash Rates set by each country, in this case Australia and India.

It indirectly affects exchange rates the same way inflation does. A higher interest rate attracts more foreign investors because they can earn more interest on their investments in that country. This increases the demand for that currency, and therefore increases its value.

Market rate for common transfer amounts AUD to INR

Australian Dollars (AUD) Indian Rupee (INR)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

How to make an AUD/INR forecast

These factors can tell you how a country’s currency is likely to perform in the future, and whether it will get stronger or weaker.

However, it’s important to remember that you want to look at these factors for both Australia and India, and then compare them side by side. This is because you specifically want to see the difference between Australia’s currency strength, and India’s currency strength.

What to look at

What to look for in the news

Keep an eye out for anything that could make a big difference, and be mindful of carry-on effects. For example, oil is one of India’s big exports, so falling oil prices mean less exports for India, which means weaker currency.

Meanwhile, iron ore is a big export for Australia.When China slowed down its manufacturing, this meant less demand for iron ore, which meant less exports for Australia, leading to a weaker Australian dollar.

You should also look for news that may affect investor confidence. Instability, political difficulties, corruption and other problems can all reduce investor confidence, which in turn leads to a weaker currency.

The different money transfer options

There are three main options when sending an international money transfer from Australia to India, each of which has its own pros and cons.

ProsCons
Bank transfers
  • Can be convenient
  • Higher fees than online money transfers
  • Poor exchange rates
  • Transfers can take several days to complete
Cash pickup transfers
  • Lets you send money almost-instantly
  • Can be collected as cash on the other end
  • Higher fees than online money transfers
  • Less favourable exchange rates than some online money transfers
Online money transfers
  • Low or no fees
  • You can find good exchange rates
  • Transfers can take several days to complete

Even if you transfer at a time when the AUD/INR exchange rate is at its highest, you can still be short-changed if you settle for a low rate.

Case study: bank vs money transfer provider vs cash pickup provider

Prakash has been living and working in Australia for the past six months, and wants to send $2,000 AUD to his parents in India to help them meet their financial obligations.

Prakash wants to make sure his parents receive as much money as possible, so he compares the three options.

BankCash transfer companyOnline transfer company
Exchange rate1 AUD = 49.433981 INR1 AUD = 50.365637 INR1 AUD = 50.56 INR
Transfer fee$22$23$3
Transfer methodBank transferCash pickupOnline transfer
Processing time2-5 days10 minutes2 days
Amount sent (in AUD)$2,000$2,000$2,000
Amount received (in INR)98,867.96100,731.28101,120

When you’re transferring larger amounts, even a small difference in exchange rates can make a major difference.

In this case the online transfer provider allows you to send 2,252.04 INR more than the bank and 388.72 INR more than the cash pickup provider. It also allows you to save $19 and $20 in fees compared to the bank and cash transfer company respectively.

3 tips for better AUD/INR exchange rates

Keep the following tips in mind and you might be able to get even more value for money out of your Australia to India money transfer:

Check out the current market rates first

The market rates are the “official” exchange rates at any given time. It’s updated constantly, so it’s a good first place to look at current rates.

You can then compare this to the exchange rate on offer from different transfer providers, and see which gets you the closest to the current market rate.

Send one big transfer rather than several smaller transfers

Some companies may offer higher exchange rates and lower fees when you send a large transfer with them, so you may be better off sending one big transfer rather than several smaller amounts.

Sometimes this might also be enough to let you take advantage of valuable tools like forward contracts or limit orders.

Consider forward contracts or limit orders

These can help you secure a better exchange rate where available.

  • Forward contracts: With these you pick a date in the future for your transfer to occur, and it will be done at current exchange rates. Forward contracts can be very useful if exchange rates are getting worse, but you still want to wait before sending money.
  • Limit orders: With these you pick an exchange rate, and then when they happen your transfer is made automatically. Limit orders can be useful if you’re looking for some of the best possible AUD/INR exchange rates, and are flexible about when you send the money.

Forward contracts and limit orders are generally not available for smaller transfers, and you will typically need to send large amounts all at once, such as tens of thousands of dollars, before you can use them.


Exchange rates from AUD to other currencies

International Money Transfer Offers

Important Information*
TorFX International Money Transfers

TorFX guarantee to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers

Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

WorldFirst International Money Transfers

Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app. No transfer fees for personal or business customers.

FC Exchange International Money Transfers

FC Exchange will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

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