![]() The parallel lines at the top are said to make an allusion to the tricolour Indian flag, and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. It was derived from the combination of the Devanagari consonant "र" and the Latin capital letter "R" without its vertical bar. In 2010, a new rupee sign was officially adopted. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. The issuance of the currency is controlled by the Reserve Bank of India. The rupee is subdivided into 100 paise, though as of 2019, coins of denomination of 1 rupee is the lowest value in use. ![]() ![]() After paying fee of $0 the effective exchange rate you get is is ₹60.82 per Canadian Dollar. The Indian rupee is the official currency of India. The highest regular exchange rate available today is offered by Instarem. This is today's second best exchange rate. Is ₹60.37 per Canadian Dollar after transfer fee of $0. If you haven't used Remitly yet, they have a great offer for new users! They are offering a promotional high exchange rate for their new users, which ![]() Is ₹60.82 per Canadian Dollar after transfer fee of $0. If you haven't used Instarem yet, they have a great offer for new users! They are offering a promotional high exchange rate for their new users, which What is effective exchange rate? It is not the 'offered rate', but the actual exchange rate you get after paying money transfer fee.įor sending money to India from Canada, RemitRate provides a detailed comparison between 11 available options. We have made it simple to find the best exchange rate by ordering available options by lowest margin! The margin is calculated by comparing the effective exchange rate with actual mid market exchange rate. ![]()
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