What Is the CAD to INR Rate Today?

Skydo gives the highest INR on CAD 5,000 today among the platforms with full published pricing for CAD. The table ranks those platforms by INR received, then lists other platforms that accept CAD, which are never ranked. Fees were checked on 30 Sept 2026.

Indian exporters usually receive Canadian dollars by SWIFT wire to their AD bank, or through a collection service that gives Canadian account details. Canada is not an ACU member, so RBI's Manner of Receipt and Payment Regulations allow receipt in any foreign currency through an authorised bank.

Over the last year the CAD to INR reference rate ranged from ₹62.74 to ₹70.38. The chart uses European Central Bank reference rates, one point per ECB working day.

Each row applies the platform's published fee, FX markup and 18% GST on the fee to the mid-market rate of ₹67.80 for 4 Nov 2026.

Banks buy Canadian dollars at a TT buying rate set below the mid-market rate, and that gap is the bank's margin. CAD to INR trades less than USD to INR, so some banks price it through the US dollar, which can add a second spread. Ask your AD bank how it prices CAD.

Say a bank converts CAD 5,000 at a TT buying rate 1.5% below the mid-market rate of ₹67.80. It credits about ₹3,33,915 instead of ₹3,38,999, a difference of ₹5,085 before any fees. The 1.5% is an illustration, not a quote from any bank.

Search engines show the mid-market rate, the midpoint between buying and selling prices. A card rate is a bank's own rate for card transactions, and a TT buying rate is the rate a bank pays when it buys foreign currency received by wire. Both sit below the mid-market rate.

The Canadian dollar floats. The Bank of Canada says the foreign exchange market determines its value and that it very rarely intervenes. It may intervene directly only to counter extreme volatility. The Bank adjusts the target for the overnight rate on eight fixed dates each year.

• Interest rates: The Bank of Canada sets the target for the overnight rate. It lists Canada's interest rates relative to other countries as a factor that moves the Canadian dollar.
• Commodity prices: The Bank of Canada says the dollar tends to drift down when raw material prices fall and to rise when they rise.
• Inflation: Canada's inflation rate relative to other countries is another factor the Bank of Canada lists for the dollar's value.
• RBI action: RBI manages FEMA with the stated aim to promote orderly development and maintenance of the foreign exchange market in India, which affects the rupee side of the pair.
• Dollar moves: Cross rates link the pairs, so a move in CAD to USD can change CAD to INR even when USD to INR is steady.

Exporters can convert Canadian dollars at spot, lock a rate with a forward contract, set a target rate with their bank, or hold CAD in an EEFC account. Availability of CAD to INR forwards varies by bank, so ask your AD bank. EEFC balances must still be converted by the end of the following month.

• Spot: Your AD bank converts the CAD on the day it is credited, at that day's TT buying rate. This suits invoices you need in rupees straight away.
• Forward: RBI's Master Direction on Risk Management and Inter-Bank Dealings lets AD banks offer forward contracts to hedge a contracted or anticipated exposure. The contract's amount and tenor cannot exceed those of the exposure.
• Limit order: Some banks accept an instruction to convert when CAD to INR reaches a target rate. Ask your AD bank whether it offers this and what it charges.
• EEFC holding: You can credit up to 100% of export earnings to an EEFC account and convert later. RBI requires each month's accruals to be converted to rupees by the last day of the following month, after approved uses or forward commitments.

• Compare quotes: Check your AD bank's CAD TT buying rate against the mid-market rate on the same day and work out the gap as a percentage.
• Direct pricing: Ask whether your bank quotes CAD to INR directly or converts through USD, since a cross rate can carry two spreads.
• Invoice currency: If your bank prices CAD poorly, compare the cost of asking the client to pay in USD instead, which is allowed for Canadian clients.
• Ask for charges: Ask whether intermediary banks deduct charges on SWIFT wires and whether the sender can choose to pay them.
• Get the advice: Keep the bank advice or e-FIRC for each credit, which records the rate applied so you can check it later.

Compare platforms side by side on the compare page, or check every currency on the currency convertor.

• Feed: XE live mid-market rates, published live; this site refreshes it every 15 minutes. The page refreshes at most hourly.
• Markup: Markup is the gap between a platform's rate and the mid-market rate, taken from each platform's own published pricing. GST of 18% applies to fees where the platform says so.
• Stale data: If the feed fails, the page shows no rate and pauses the calculator rather than showing an old rate as current.
• Method: The full formula is on the methodology page.

Rates come from XE live mid-market rates, dated 4 Nov 2026. Platform pricing was checked on each platform's own pages on 30 Sept 2026 or later. Currency facts are linked to official sources below.

1. XE live mid-market rates (checked 4 Nov 2026)
2. Bank of Canada: Understanding exchange rates, The foreign exchange market determines how much the Canadian dollar is worth. At the Bank of Canada, we very rarely intervene to support its value. Factors: our interest rates relative to other countries, our inflation rate relative to other countries, demand for our financial assets. If the price of raw materials falls, our currency tends to drift downward; if it rises, our currency tends to float up. (checked 8 Oct 2026)
3. Bank of Canada: Policy interest rate, The Bank carries out monetary policy by influencing short-term interest rates, by adjusting the target for the overnight rate on eight fixed dates each year. (checked 8 Oct 2026)
4. Bank of Canada: Funds management, We oversee Canada's foreign exchange reserves. On very rare occasions, we may directly intervene in the market to counter extreme volatility in the Canadian dollar. (checked 8 Oct 2026)
5. RBI: Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 (amended up to February 12, 2025), Regulation 3(2)(I)(a)(iii): for trade with countries other than ACU members, receipt may be made in Indian Rupees or in any foreign currency, through an Authorised Bank or Authorised Person. (checked 8 Oct 2026)
6. RBI: About Us, functions of the Reserve Bank, Manager of Foreign Exchange: manages FEMA, 1999 with the objective to facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India. (checked 8 Oct 2026)
7. RBI Master Direction - Deposits and Accounts (updated September 02, 2026), Para 3.1: EEFC credits include 100 percent of foreign exchange earnings; 3.1(6): the sum total of the accruals in the account during a calendar month should be converted into Rupees on or before the last day of the succeeding calendar month after adjusting for utilization of the balances for approved purposes or forward commitments; 3.1(4): non-interest bearing account. (checked 8 Oct 2026)
8. RBI Master Direction - Risk Management and Inter-Bank Dealings (updated October 01, 2026), Para 2.2(ii): AD banks may offer foreign exchange forwards to retail users; 2.3(ii): deliverable derivatives involving INR are for hedging; 'Hedging' covers an anticipated or a contracted exposure; 2.4(i): notional amount and tenor of the derivative contract does not exceed the value and tenor of the exposure; 2.4(ii): users may freely cancel and rebook; net gains on hedges of anticipated exposures are passed on only at the time of the cash flow. Definition (f): a forward settles on a specified date more than two business days later at a rate agreed on the date of the contract. (checked 8 Oct 2026)