AUD to INR

The close economic ties and shared worldwide prominence between Australia and India, the Australian and Indian Rupee are closely observed. Trade, investment, and travel between Australia and India are all impacted by fluctuations in the exchange rate.

Convert AUD to INR at the Real Exchange Rate

Amount

AUD

Converted to

INR

1 AUD =

i

Currency exchange value is subjected to market fluctuation. Exchange rate as on Jul 16, 2024.

AUD to INR Exchange Rate

Interest rates, economic indicators, commodity prices, geopolitical events, and market sentiment are all factors that affect the AUD to INR exchange rate.

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1 AUD to INR Exchange Rate Last 7 days

Date

Price

  • 53.344252

  • 53.457393

  • 53.519392

  • 53.533307

  • 53.442465

  • 53.809764

  • 53.584176

Australian Dollar to Indian Rupee Conversions

AUD

INR

AUD to INR Currency Conversion

If you are looking for a fast, easy, and secure way to convert Australian Dollars (AUD) to Indian Rupees (INR), you have come to the right place. AUD is the official currency of Australia and several Pacific island nations, such as Norfolk Island, Christmas Island, Keeling Islands, Nauru, Kiribati, and Tuvalu. It is subdivided into 100 cents and is one of the most traded currencies in the world. On the other hand, INR is the official currency of India and is subdivided into 100 paise. It is also used as a legal tender in Bhutan and Nepal. The exchange rate between AUD and INR fluctuates depending on various factors. Convert AUD to INR today and enjoy the benefits of our service.

Important Facts About AUD

Fact Description
The official currency of Australia AUD is the official currency of Australia and several Pacific island nations, such as Norfolk Island, Christmas Island, Keeling Islands, Nauru, Kiribati, and Tuvalu.
Introduced in 1966 AUD replaced the Australian Pound at a conversion rate of 2 AUD per Australian Pound on February 14, 1966. It was the first decimal currency in Australia.
Managed by the Reserve Bank of Australia The Reserve Bank of Australia (RBA) is the central bank of Australia that determines the monetary policy and issues and regulates the money supply of AUD.
Subdivided into 100 cents AUD is divided into 100 smaller units called cents. There are 1 and 2 dollars coins and 5, 10, 20, and 50 cents in circulation.
Printed in polymer AUD was the first currency in the world to use polymer banknotes instead of paper ones. Polymer banknotes are more durable, secure, and environmentally friendly than paper ones. The first polymer banknote was issued in 1988, and all current banknotes are made of polymer.
Influenced by commodity prices AUD is a popular currency for forex trading pairs and is consistently among the top 5 most traded currencies in the world. AUD is also known as a commodity currency because its value depends heavily on the prices of commodities that Australia exports, such as iron ore, coal, gold, etc. As a result, AUD is affected by China and other Asian import markets that demand these commodities.

How Does Our AUD to INR Online Currency Converter Work?

With the accessibility to the latest exchange rates, Urban Money’s online currency converter is a handy tool to incorporate. To convert AUD to INR online, you can use Urban Money’s currency converter, which uses the prevailing market rate. Banks use this real rate to exchange money with each other, and it changes every minute based on the market conditions. Here is how to use the currency converter.

  • Type in the amount of AUD you want to convert, choose INR as the outcome and press the convert button.
  • You will get the result in INR and the exchange rate applied for the conversion. 
  • You can also visit Urban Money’s website to see the live rate and historical patterns for GBP to INR.

Benefits of AUD to INR Online Currency Converter Tools

Using Urban Money’s online currency converter tool to convert AUD to INR can have several benefits. Some of these benefits may include:

  • Convenience: The currency converter tool is easily accessible and can be used from anywhere with an internet connection. This makes it easy to quickly check the exchange rate and convert currencies on the go.
  • Real-time rates: Urban Money currency converter tools often use real-time exchange rates, which means that you can get the most up-to-date and accurate conversion rates.
  • Transparency: These tools often display the exchange rate and any associated fees upfront, so you know exactly how much you will receive when converting currencies.
  • Cost-effective: Our currency converter tools often offer competitive exchange rates and low or no fees, which can help you save money when converting currencies.

List of Factors Affecting the Value of AUD to INR Conversion

Several factors can affect the value of AUD to INR conversion. Some of these factors include the following:

  • Economy: When a country is doing well, more people from other countries want to invest their money there. This means they need to buy the country’s money to do that. This makes the country’s money more valuable and harder to get. But when a country is not doing well, fewer people want to invest their money there. This means they sell the country’s money or don’t buy it. This makes the country’s money less valuable and easier to get.
  • Political Condition: When a country has good leaders who make fair and consistent rules, more people from other countries want to invest their money there. This means they need to buy the country’s money to do that. This makes the country’s money more valuable and harder to get. But when a country has bad leaders who make unfair and changing rules, fewer people want to invest their money there. This means they sell the country’s money or don’t buy it. This makes the country’s money less valuable and easier to get.
  • Trade and Investment: When India buys goods and services from Australia, it has to use AUD to pay for them. For this, India needs to acquire more of their currency, which makes it more valuable and harder to get. Consequently, India has less INR, which makes it less valuable and easier to get. However, when Australia buys things from India, it has to use INR to pay for them. This means Australia needs to get more Indian currency, which makes it more valuable and harder to get. Here, Australia has less Australian money, which makes it less valuable and easier to get.

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Frequently Asked Questions (FAQs)

What was the lowest AUD to INR rate?

The lowest exchange rate of AUD to INR for the recent period was INR 53,944 on March 10, 2023.

What was the highest AUD to INR rate?

The highest recorded AUD to INR exchange rate was INR 58.388 on February 1, 2023.

What is the full form of AUD?

AUD can be expanded as Australian Dollars.

What is the subunit of AUD currency?

The subunit of AUD currency is the cent. The Australian dollar is divided into 100 cents, and its coins are issued in six denominations.

What is the smallest unit of AUD currency?

The smallest unit of AUD currency is the 5-cent coin.

What types of banknotes are in AUD currency?

The Australian dollar (AUD) is divided into 100 cents and contains five banknotes in denominations of $5, $10, $20, $50, and $100. These banknotes are produced by the Reserve Bank of Australia (RBA) and are used for everyday transactions.

What types of bank coins are in AUD currency?

The Australian dollar is divided into 100 cents, and its coins are issued in six denominations: 5c, 10c, 20c, 50c, $1, and $2. These coins are produced by the Royal Australian Mint and are used for everyday transactions.

What is AUD currency in full form?

The full form of AUD is Australian dollars. It is the official currency of the Commonwealth of Australia and is often presented with the symbol A or AU$.