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AUD to INR — compare your quote with the mid-market rate

Australian Dollar → Indian Rupee

AUD → INR is Australia's largest remittance corridor by value, driven by the Indian diaspora sending money home. Specialist remitters clear well under 1% over the mid; bank wires often run 2–4% wider once the rate markup is counted. The quoted rate and the fee are separate parts of the total cost.

Live rates unavailable — showing reference data. The gap shown may differ from the live figure; try again shortly.
Cost at the mid-market rate
14.99AUD
For 1,000 INR · 1 AUD = 66.69 INR
Enter the rate you were quoted above to see the gap from the mid-market rate.
Spot mid source: fallback · Indicative only

About the AUD/INR pair

This page shows today’s wholesale AUD/INR mid-market rate beside the rate a bank, broker, or kiosk has quoted you. The result is the gap between the two, as a percentage and an amount, in four tiers: under 0.3%, 0.3–1%, 1–3% and over 3% of the amount. The mid-market rate is the rate banks trade at, not a rate you can transact at directly — providers add their margin on top, and that margin is the gap RateCheck shows.

Who sends money on this route

AUD to INR is one of Australia's busiest remittance routes. Indian-Australian families send money home for parents, siblings and household costs, and fund property deposits and construction in Hyderabad, Ahmedabad and Chennai.

Indian students form one of Australia's largest international student groups, so fees and living costs also flow between the two countries, and Australian businesses pay Indian IT suppliers in rupees.

What moves AUD/INR

The Reserve Bank of Australia and the Reserve Bank of India set the policy rates. The rupee is a managed float: the RBI acts in the market to smooth sharp moves, so the pair mostly follows the Australian dollar's swings against the US dollar.

Australia's quarterly consumer price index, its labour force survey, RBA decisions and iron ore prices matter on one side. RBI decisions, Indian inflation and the oil price matter on the other, since India imports most of its crude.

How to read a quote

AUD/INR is quoted as rupees per Australian dollar. A customer rate below the mid-market rate delivers fewer rupees per dollar, and that difference is the provider's margin.

The figure is large, so a small gap matters: one rupee per Australian dollar is well over one per cent of the amount sent. Retail bank margins on international transfers are commonly a few per cent; specialist providers are often under one per cent.

The RBA’s cash rate target, its next decision date and AUD/USD on recent decision days are on the RBA cash rate page.

Common questions

How far is my AUD/INR quote from the mid-market rate?+
Compare the rate you've been quoted with the live mid-market AUD/INR rate — the wholesale rate banks trade at. RateCheck shows the gap as a percentage and an amount, in four tiers: under 0.3%, 0.3–1%, 1–3% and over 3% of the amount.
How much do banks and brokers charge to convert Australian dollar to Indian rupee?+
Retail bank margins on international transfers are commonly a few per cent; specialist providers are often under one per cent. The margin is built into the exchange rate, usually on top of any fixed transfer fee, and is rarely shown separately. RateCheck shows it as the gap between your quote and the mid-market AUD/INR rate.
Is the mid-market AUD/INR rate the rate I'll actually get?+
No. The mid-market (interbank) rate is the wholesale reference; providers add their margin on top. It's the rate the gap is measured from, not a rate you can transact at directly.
Why do providers quote different AUD to INR rates at the same time?+
Every provider starts from the same wholesale mid-market rate and applies its own margin. Quotes taken at the same moment differ only by those margins, so the rupees delivered per dollar is the figure to compare.
Does money sent to India arrive in rupees?+
Yes. The rupee is settled inside India, so the provider converts before delivery and the recipient's bank credits rupees. Australian dollars arriving unconverted are exchanged at the Indian bank's own rate.
Does the Reserve Bank of India set the AUD/INR rate?+
No. The rate forms in the market, but the RBI intervenes to reduce volatility against the US dollar. AUD/INR then combines that managed rate with the freely floating AUD/USD rate.
Why does AUD/INR move on days when the rupee is steady?+
Most rupee trading is against the US dollar, so AUD/INR is built from two prices: AUD/USD and USD/INR. A move in either leg changes the cross, even on a day when the rupee barely moves against the dollar.

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