![]() However, as the movement towards more natural and eco-friendly fuels increases, we can expect the Canadian Dollar to weaken against the Rupee slightly. With oil being one of the major commodities of Canada, the Canadian Dollar is expected to remain a dominant currency against the Rupee for some time now. Several reasons contributed to the depreciation of the Rupee, including increasing oil prices and a growing current account deficit. The CAD and INR rate has grown from Rs 50 to Rs 60 in the last five years. This was the highest CAD to INR rate in the last ten years, 2012-2022. The Rupee depreciated against the Canadian Dollar in August 2013 to Rs 65.59. Jupiter free currency convertor is one such calculator that can help you in estimating how many Canadian Dollars you can get against your Indian Rupees. Hence it is better to use a currency converter that uses the latest exchange rate. ![]() Though this looks like a simple calculation, with changing exchange rates, it can be a difficult task. You will have to divide Rs 2 lakhs with 60.90 to get its equivalent value in Canadian Dollars. If you want to convert Rs 2 lakhs to Canadian Dollars and the current exchange rate of CAD INR is Rs 60.90. To convert INR to CAD, you will have to divide the Indian currency with the exchange rate. Read to find out how INR and CAD rates have evolved over the years. Also known as the loonie, the Canadian Dollar was first introduced in 1858, and since then, it has become the legal tender for the country. It is the fifth largest reserve currency in the world and is represented as CAD or CAN$, or C$. The Canadian Dollar is the official currency of Canada.
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