When you think about making an international trip, you must consider the destination country’s
money exchange rate. Whether you will take an international trip to Australia or not, greatly depends on the current 1 INR to AUD exchange rate. To ensure an international trip without burning a big hole in your pocket, consider converting INR to AUD at Thomas Cook.
Why visit Australia?
Australia, which is officially known as the Commonwealth of Australia, is a country and continent that is surrounded by the Pacific and the Indian oceans. Known for its modern architecture, desert wilderness, and unique animal species, Australia is on the bucket list of many Indians. The
Australian Dollar (AUD) is the official currency of Australia.
What makes Australia unique?
- Home to the world's largest island – The Aussie mainland
- Known as the world’s driest continent
- The iconic Sydney Opera House
- Wildlife, especially Kangaroo Island and Shark Bay
- The very-renowned Melbourne Cricket Ground
- Rich source of opals and the only source of champagne diamonds
When is the best time to visit Australia?
September to November and March to May are the
best times to visit Australia .
Once you have made up your mind to visit Australia for your next vacation, it’s time to start planning. Some prefer to enjoy a bird’s eye view of the country, while some like to explore one part at a time. It is pivotal to know the on-going 1 INR to AUD rate to calculate the estimated cost of your trip. Many experienced travellers also agree that arranging
foreign exchange in your home country is cost-effective as well as hassle-free.
At Thomas Cook, we understand the value of your money and thus offer you the most competitive INR to AUD exchange rate. Our experts use their skills and our technology to find the best INR to Australian Dollar rate, so that you can make the most during your trip abroad.
If you are looking for the current rate for 1 INR to Australian Dollar, then head straight to our
online money converter assistance tool. This tool is designed to provide you with real-time exchange rates and also save you from the complicated forex calculations.
Isn’t a leisure trip supposed to be a rejuvenating one? However, if you leave forex for the last minute or if you opt to convert IN R to AUD in Australia then your trip might not be live up to its objective. We wish to enrich your travel experience and thus, we recommend converting INR to AUD online. To do so, simply log on to the Thomas Cook website, enter the required details, and have the forex delivered at your doorstep. With Thomas Cook, forex worries have now become a thing of the past.
We empower you to focus on planning your international trip, while we take care of your forex requirements.
Our expertise helps us offer world-class travel solutions at the most competitive rates, ensuring maximum benefit for you. Not only do we facilitate the conversion of INR to AUD, but also help you
sell foreign currency after you return from your trip. If you don’t plan to revisit Australia shortly after your trip, then the excess foreign currency can be sold on Thomas Cook and your blocked money can be released.
If you are looking to convert INR to AUD, then your search ends here. Thomas Cook is amongst the few most reliable travel and forex partners in the world. Head to our website and get your forex delivered within 24 hours!
Importance of the Australian Dollar
AUD is the abbreviation of the Australian Dollar. The Australian Dollar is the official monetary unit of Australia. The Australian Dollar or the AUD symbol is $. However, A$ or AU$ symbol is used to distinguish the Australian dollar from other dollar currencies like the Canadian dollar , US Dollar , etc. The Australian Dollar has many nicknames like “buck”, “dough”, and “Aussie”. The Australian Dollar is one of the most traded foreign currencies across the globe. It is ranked 5th on the foreign exchange market as the most traded currency.
Introduction of the Australian Dollar
The Australian Dollar was introduced in the year 1966. The Australian Dollar is not only the official currency of Australia but also of several other countries around Australia like Christmas Island, Cocos and Norfolk Island, Nauru, Kiribati, and Tuvalu. The Reserve Bank of Australia known as the central bank of Australia is responsible for the issuance and circulation of the Australian dollar. The Reserve Bank of Australia has issued banknotes in denominations of 5, 10, 20, 50, and 100 Australian Dollars. While the coinage denominations are 5 cents, 10 cents, 20 cents, 50 cents, 1 AUD, and 2 AUD.
Factors that affect the exchange of the Australian Dollar to INR
The rate of the foreign currency against each other fluctuates every day. The foreign currency exchange rate of AUD to INR is mostly 54.03 INR. Various factors affect the exchange rate of these currencies to change. The exchange rate is the determination of the value of one currency to another. The factors that directly affect the exchange rate of currencies are as under:
1. The inflation rates in both the countries
2. The interest rates in both the countries
3. The commodity prices in the global market
4. The oil prices in the global market
5. The imports and exports of each country
6. The economic stability within both countries
7. The political stability of both countries
The above-stated factors affect the foreign currency exchange rate on a macro level. These factors affect how the foreign currency in the global currency exchange market.
Convert the Australian Dollar to INR Online as per Today’s Conversion Rate
Converting the Australian dollar to INR means understanding the value of the Australian dollar to the Indian Rupee. The currency exchange rates give us the idea of the value a certain holds in comparison to the other currency. For example, today’s currency exchange rate between AUD and INR is 1 AUD = 54.03 INR. Simply it can be said for buying 1 Australian Dollar approximately 54 Indian Rupee needs to be spent. Let us understand the value of the Australian Dollar in Indian Rupees with the help of an illustration.
Mr. Wagh wants to send money to his family in India. He has 3000 AUD so let us understand the value of 3000 AUD in Indian Rupee. So, as per today’s currency exchange rate i.e. 1 AUD = 54.03 INR, the value of 3000 AUD in Indian Rupee is 3000*54.03 = 162075.42 INR.
Convert the Australian Dollar to INR
To convert the Australian dollar to INR numerous online currency converters are available. You can also calculate the same by yourself as it is very easy and simple. The rate of AUD to INR is 54.03. For 1 Australian Dollar, you shall receive 54.03 INR. Similarly, the value of 1 INR = 0.019 AUD. Thus, 100 INR = 1.85 AUD
How are Australian Dollar-INR Rates Determined?
The Australian Dollar and the Indian Rupee are traded frequently on the foreign exchange market. The foreign currency rates are determined by the central bank of the country. In the case of India, the reserve bank of India determines the exchange rate of the Indian Rupee. In the case of the Australian Dollar, the Reserve Bank of Australia determines the exchange rate of the AUD. Additionally, the demand and supply of the currencies are one of the key factors considered while determining their exchange rates.
Australian Dollar and INR Overview
The Australian Dollar and the Indian Rupee are a few of the most traded currencies in the forex market. the following table illustrates the Australian Dollar to Indian Rupee Statistics.
Today’s exchange rate: 1 AUD = 54.03 INR
Highest Exchange Rate: 55.756 INR
Lowest Exchange Rate: 54.495 INR
Average Exchange Rate: 54.947 INR
AUD
