Today, 28.00 (twenty eight) Indian Rupees are worth 0.50 Australian Dollars, ie, ₹28.00 = $0.50. That's because the current exchange rate, to AUD, is 0.02. So, to make Indian Rupee to Australian Dollar conversion, you just need to multiply the amount in INR by 0.02.
Learn how to get the best Indian Rupee exchange rate before exchanging your money
The Indian Rupee is the official Indian Rupee currency. INR/AUD represents the value of Indian Rupee money in Australian Dollar money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Indian Rupee to Australian Dollar is today at 0.018.
As an example, suppose you are from Sydney Australia and you travel to New Delhi India. There, you need to get 1000 Indian Rupees ( ₹) at a New Delhi bank to pay your hotel. In this case you would pay 0.018 * 1000 = 17.946 Australian Dollars ($). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.
In the example above for a 1000 Indian Rupees amount, the result of the money conversion is 18.305 AUD for a 2% margin or 18.485 AUD for a 3% margin.
Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 1.795 AUD depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.
Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like INR-AUD or INRAUD among others. The currency symbol for Indian Rupee is (₹) while the currency symbol for Australian Dollar is ($). Note also that the India country code is IND or IN. The Australia country code is AUS or AU
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