INR vs CAD
🇨🇦1 INR = 0.01 CAD
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
INR / CAD| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About INR / CAD
🇮🇳 INR — Indian Rupee
The Indian Rupee is the official currency of India, the world's most populous country. It is regulated by the Reserve Bank of India and has shown steady growth alongside India's expanding economy.
🇨🇦 CAD — Canadian Dollar
The Canadian Dollar, often called the 'Loonie' after the loon bird on the one-dollar coin, is the fifth most held reserve currency in the world. It is closely tied to commodity prices, especially oil.
Key Factors Affecting INR/CAD
🇮🇳 INR Drivers
- Reserve Bank of India interest rate and inflation targeting
- Crude oil prices (India is a major oil importer)
- Foreign direct investment and IT sector performance
- Indian monsoon season and agricultural output
🇨🇦 CAD Drivers
- Crude oil and commodity prices
- Bank of Canada interest rate decisions
- US-Canada trade relations and USMCA
- Canadian housing market and employment data
💡 Did You Know? — INR
The Indian rupee symbol ₹ was officially adopted in 2010, designed by D. Udaya Kumar, combining the Devanagari letter 'Ra' and the Latin letter 'R'.
💡 Did You Know? — CAD
Canada's one-dollar coin features a common loon, which is why the Canadian dollar is nicknamed the 'Loonie.'
Economy Overview
🇮🇳 India
India has one of the fastest-growing major economies in the world, driven by IT services, pharmaceuticals, textiles, and a massive domestic consumer market.
🇨🇦 Canada
Canada has a resource-rich economy with significant exports of crude oil, natural gas, and minerals. The Bank of Canada sets monetary policy independently from the US despite close economic ties.