Wise CAD - INR exchange rate (2024)

ProviderCAD - INR rateMid-market rate comparisonLearn moreTransfer feeRecipient gets

Wise CAD - INR exchange rate (1)

Wise review
61.7370%Mid-market rate 0%11.30 CAD

Total

91907.87

INR

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Wise CAD - INR exchange rate (2)

Remitly review
61.46-0.4%0.00 CAD

Total

92190

INR

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Wise CAD - INR exchange rate (3)

61.06207-1.1%2.99 CAD

Total

91410.53

INR

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Wise CAD - INR exchange rate (4)

OFX review
59.388-3.8%15.00 CAD

Total

88191.18

INR

Go to review

What is the Wise CAD - INR exchange rate today?

The live Wise exchange rate for CAD to INR is 61.737.

This is the mid market rate 0%.

Wise uses the mid market rate for all currency conversions.

The full fee you pay to convert currencies or send money overseas can include a couple of different fees, depending on the provider you select. Comparing your options is always a smart move, so you’ll know you’re getting the best deal on the market for your specific transfer. Read on for more about the fees and exchange rates that can apply to your transaction - and to compare the Wise exchange rate with some alternatives.

What is the mid-market rate?

The mid-market exchange rate is the only 'real' exchange rate. It’s the rate you’ll find on Google or with a currency converter tool. It’s also the rate that banks and money transfer services get when they buy and sell currencies on global markets.

The retail exchange rate that banks and money transfer services provide to their customers may not be the same as the mid-market rate. That’s because many organizations add a markup - an extra fee - to the rate they use to convert currencies for their customers. The markup used by different organizations can vary pretty widely, which is why it may seem like there are lots of different exchange rates being used at any one time.

The real CAD to INR exchange rate today is 61.737.

What is the Wise currency conversion fee for CAD to INR?

The Wise CAD to INR exchange rate is 61.737. This is 0% compared to the mid-market rate.

On top of the currency conversion fee you pay to Wise, you may also pay a transfer fee or service charge. The fees for sending money to India depend on a few factors, such as the amount you're sending and your preferred payment method.

The currency conversion fee that is used can vary depending on the specific currency you're sending, and based on changes in the currency exchange markets. Let's take a look at the currency conversion fees charged by Wise for several other international transfer routes and how they compare with the mid-market rate.

Currency routeWise exchange rateMid market rateMarkup %
CAD - USD0.735970.735970%
CAD - EUR0.664470.664470%
CAD - GBP0.560760.560760%

How does the Wise CAD to INR rate compare with other providers?

Mid-market exchange rates change all the time, based on movements in global currency markets. On top of that, providers may adjust the currency conversion fees they use when calculating their retail exchange rates, based on the specific currencies involved, and how they expect markets to move.

That means the best way to check how Wise's live CAD to INR exchange rate compares to other providers is to use a comparison site like this one, where you'll find the latest exchange rate and fee details across a range of reputable money transfer services.

Mid-market exchange rates change all the time, based on movements in global currency markets. However, Wise always uses the real mid-market exchange rate that's available at the time you process your payment.

You'll be able to check how Wise's live CAD to INR exchange rate compares to other providers with a comparison site like this one, where you'll find the latest exchange rate and fee details across a range of reputable money transfer services.

Compare rates

How much does it cost to send CAD - INR with Wise?

The fee for sending CAD - INR with Wise can vary depending on a few factors such as the way you decide to pay, and the amount sent. It's also helpful to remember that there may be a couple of different fees involved, depending on the specific details of your payment, including a transfer fee and a currency conversion fee. If your payment is processed through the SWIFT network, you may also find that intermediary fees are deducted from the transfer amount as it's processed.

Typically, to send 1000 CAD - INR with Wise will mean you pay a fee of 11.3. The live Wise exchange rate that will be used to process your transfer is 61.737. This is the mid market rate 0%.

Compare Wise CAD to INR rates and fees

Where does Wise send money to?

You can send money with Wise on a number of payment routes covering different currencies and countries. Double check if Wise supports the payment route you need on their desktop site or app.

Wise CAD - CAD FAQ

What exchange rate Wise uses for CAD India?

Wise uses the live mid-market exchange rate at the time you process your payment, with no markup or margin added.

Wise calculates the CAD to INR exchange rate by taking the mid-market exchange rate and adding a variable markup, depending on the currencies and market conditions.

How much tax does Wise charge to send CAD to INR?

If you're unsure about how Wise's CAD to INR tax, fees and exchange rates work, you'll be able to reach out to the customer service team directly.

How long does it take to send money with Wise?

The amount of time it takes to send money with Wise will depend on various factors like the payment value and specific service you use. You'll often be able to see an estimate of delivery time before you confirm your transfer, and can track your payment by logging into your account.

What is the mid-market rate?

The mid-market exchange rate is the rate that banks and providers use when they buy and sell currencies on wholesale markets. This exchange rate is sometimes passed on to retail customers, although some providers calculate their retail exchange rate by adding a markup to the mid-market rate, which is an extra fee.

Exiap Website (https://exiap.ca/) is a comparison website only and not a currency trading platform. Exiap is a website operated by TransferWise Ltd ("We", "Us"), a company incorporated under the laws of England and Wales with company number 07209813. Wise is the trading name of TransferWise Ltd.

We compare currency exchange and money transfer services in over 200 countries and territories worldwide. We only display reputable companies which we have researched and approved. The information supplied on this site does not constitute financial advice. Always do your own research before making any financial decisions. We do our very best to give you the most accurate journalistic information, but we can’t guarantee to be perfect. You use the information at your own risk, for more details read how our site works.

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Wise CAD - INR exchange rate (2024)
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