Indian Rupee to Canadian Dollar — exchange rate

The Indian rupee (international symbol s:₹ , Re, Rs (plural), code: INR, number: 356) is the national currency of India. Bhutan, Nepal and some other Asian countries use the currency unofficially. The Indian rupee is measured in paisa.

The current INR has 100 paisa. The currency was issued in 1845, and replaced the Danish Indian rupee. However, the currency with the same name had been used before that. First mentions of this unit go back to the 6th century BC. This fact makes INR one of the most ancient currencies of the world. The word “rupee” is translated as “made of silver”.

The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.

The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.