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INR/CAD Forecast

The forecast has been updated: January 13, 2021 7:59

Inverse rate: CAD to INR


Indian Rupee / Canadian Dollar price online today

Should you invest in the INR / CAD currency pair? What will be the Indian Rupee / Canadian Dollar quotes in 2021, 2022, 2023, 2024, 2025? How much will the Indian Rupee be worth against the Canadian Dollar next year?

We forecast the dynamics of foreign exchange market instruments using resonant artificial intelligence systems.

Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.

Below you can see the results of the forecasts for the month, current and future years. Find out the target values of the quotes of the INR / CAD currency pair, optimistic and pessimistic forecasts.

Forecasts are adjusted once a day taking into account the price change of the previous day.




Indian Rupee / Canadian Dollar monthly Forecast

Date Rate Forecast MIN Rate MAX Rate Volati-
lity, %
04 Oct 23 0.01634 0.01628 0.01639 0.68 %
05 Oct 23 0.01631 0.01625 0.01634 0.51 %
06 Oct 23 0.01634 0.01631 0.01636 0.34 %
07 Oct 23 0.01634 0.01629 0.01641 0.76 %
08 Oct 23 0.01626 0.01620 0.01633 0.81 %
09 Oct 23 0.01621 0.01618 0.01626 0.49 %
10 Oct 23 0.01620 0.01614 0.01623 0.55 %
11 Oct 23 0.01619 0.01615 0.01622 0.46 %
12 Oct 23 0.01628 0.01621 0.01630 0.58 %
13 Oct 23 0.01626 0.01624 0.01629 0.36 %
14 Oct 23 0.01630 0.01625 0.01634 0.56 %
15 Oct 23 0.01631 0.01624 0.01632 0.49 %
16 Oct 23 0.01635 0.01629 0.01637 0.53 %
17 Oct 23 0.01629 0.01622 0.01634 0.72 %
18 Oct 23 0.01621 0.01615 0.01628 0.76 %
19 Oct 23 0.01625 0.01622 0.01627 0.35 %
20 Oct 23 0.01626 0.01624 0.01630 0.41 %
21 Oct 23 0.01619 0.01614 0.01622 0.48 %
22 Oct 23 0.01627 0.01621 0.01634 0.85 %
23 Oct 23 0.01632 0.01629 0.01637 0.52 %
24 Oct 23 0.01628 0.01624 0.01633 0.56 %
25 Oct 23 0.01629 0.01624 0.01632 0.53 %
26 Oct 23 0.01622 0.01616 0.01629 0.78 %
27 Oct 23 0.01626 0.01620 0.01629 0.55 %
28 Oct 23 0.01625 0.01619 0.01632 0.83 %
29 Oct 23 0.01621 0.01615 0.01626 0.66 %
30 Oct 23 0.01620 0.01616 0.01624 0.49 %
31 Oct 23 0.01626 0.01621 0.01631 0.60 %
01 Nov 23 0.01624 0.01617 0.01627 0.63 %
02 Nov 23 0.01621 0.01617 0.01625 0.46 %

INRCAD daily forecast for this month


Forecast of the INR / CAD currency pair for 04.10.2023.
04 Oct. the Indian Rupee is expected to strengthen against the Canadian Dollar with a daily volatility of 0.680%.
Estimated Optimal Target Price: 0.01634.
Optimistic forecast: The Indian Rupee will strengthen against the Canadian Dollar to 0.01639 points.

Pessimistic forecast: 0.01628


Forecast of the INR / CAD currency pair for 05.10.2023.
05 Oct. the Indian Rupee is expected to weaken against the Canadian Dollar with a daily volatility of 0.510%.
Estimated Optimal Target Price: 0.01631.
Optimistic forecast: The Indian Rupee will weaken against the Canadian Dollar to 0.01634 points.

Pessimistic forecast: 0.01625


Forecast of the INR / CAD currency pair for 06.10.2023.
06 Oct. the Indian Rupee is expected to strengthen against the Canadian Dollar with a daily volatility of 0.335%.
Estimated Optimal Target Price: 0.01634.
Optimistic forecast: The Indian Rupee will strengthen against the Canadian Dollar to 0.01636 points.

Pessimistic forecast: 0.01631


Forecast of the INR / CAD currency pair for 07.10.2023.
07 Oct. the Indian Rupee is expected to weaken against the Canadian Dollar with a daily volatility of 0.751%.
Estimated Optimal Target Price: 0.01634.
Optimistic forecast: The Indian Rupee will weaken against the Canadian Dollar to 0.01641 points.

Pessimistic forecast: 0.01629


Forecast of the INR / CAD currency pair for 08.10.2023.
08 Oct. the Indian Rupee is expected to weaken against the Canadian Dollar with a daily volatility of 0.806%.
Estimated Optimal Target Price: 0.01626.
Optimistic forecast: The Indian Rupee will weaken against the Canadian Dollar to 0.01633 points.

Pessimistic forecast: 0.01620


INRCAD Forecast for 2021

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Mar 0.01767 0.01731 0.01783 2.93 %
Apr 0.01765 0.01739 0.01799 3.33 %
May 0.01751 0.01737 0.01764 1.52 %
Jun 0.01764 0.01729 0.01797 3.80 %
Jul 0.01742 0.01725 0.01767 2.37 %
Aug 0.01724 0.01699 0.01737 2.18 %
Sep 0.01697 0.01678 0.01732 3.14 %
Oct 0.01700 0.01685 0.01728 2.47 %
Nov 0.01687 0.01664 0.01696 1.90 %
Dec 0.01648 0.01625 0.01680 3.26 %
Detailed forecast for 2021

INRCAD forecast for this year


Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Mar 2021: 0.017669 The dynamics are positive.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Apr 2021: 0.0176461 The dynamics are negative.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for May 2021: 0.017514 The dynamics are negative.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Jun 2021: 0.0176425 The dynamics are positive.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Jul 2021: 0.0174161 The dynamics are negative.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Aug 2021: 0.0172368 The dynamics are negative.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Sep 2021: 0.0169677 The dynamics are negative.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Oct 2021: 0.0170031 The dynamics are positive.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Nov 2021: 0.0168715 The dynamics are negative.
Forecast of average quotes of the Indian Rupee / Canadian Dollar currency pair for Dec 2021: 0.0164815 The dynamics are negative.


Indian Rupee to Canadian Dollar Forecast for 2022

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 0.01645 0.01636 0.01654 1.06 %
Feb 0.01631 0.01615 0.01644 1.80 %
Mar 0.01631 0.01599 0.01658 3.57 %
Apr 0.01603 0.01587 0.01618 1.96 %
May 0.01592 0.01572 0.01613 2.54 %
Jun 0.01613 0.01583 0.01627 2.68 %
Jul 0.01583 0.01555 0.01595 2.48 %
Aug 0.01599 0.01567 0.01625 3.59 %
Sep 0.01595 0.01565 0.01629 3.93 %
Oct 0.01606 0.01589 0.01630 2.52 %
Nov 0.01603 0.01584 0.01633 2.96 %
Dec 0.01603 0.01574 0.01631 3.47 %
Detailed forecast for 2022

Indian Rupee to Canadian Dollar Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 0.01596 0.01567 0.01624 3.50 %
Feb 0.01608 0.01583 0.01639 3.40 %
Mar 0.01578 0.01557 0.01600 2.72 %
Apr 0.01591 0.01579 0.01622 2.63 %
May 0.01575 0.01563 0.01594 1.94 %
Jun 0.01588 0.01563 0.01621 3.56 %
Jul 0.01569 0.01556 0.01599 2.68 %
Aug 0.01600 0.01590 0.01612 1.34 %
Sep 0.01627 0.01595 0.01648 3.24 %
Oct 0.01628 0.01601 0.01655 3.27 %
Nov 0.01604 0.01594 0.01613 1.19 %
Dec 0.01594 0.01574 0.01626 3.18 %
Detailed forecast for 2023



Indian Rupee to Canadian Dollar Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 0.01605 0.01577 0.01618 2.56 %
Feb 0.01620 0.01605 0.01653 2.86 %
Mar 0.01587 0.01565 0.01611 2.87 %
Apr 0.01551 0.01533 0.01562 1.83 %
May 0.01543 0.01522 0.01566 2.82 %
Jun 0.01545 0.01533 0.01562 1.86 %
Jul 0.01559 0.01542 0.01570 1.77 %
Aug 0.01548 0.01532 0.01567 2.21 %
Sep 0.01539 0.01523 0.01567 2.80 %
Oct 0.01512 0.01495 0.01526 2.03 %
Nov 0.01510 0.01502 0.01529 1.76 %
Dec 0.01493 0.01463 0.01524 4.05 %
Detailed forecast for 2024

Indian Rupee to Canadian Dollar Forecast for 2025

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 0.01480 0.01472 0.01491 1.32 %
Feb 0.01481 0.01472 0.01495 1.55 %
Mar 0.01484 0.01458 0.01510 3.47 %
Apr 0.01486 0.01469 0.01498 1.93 %
May 0.01458 0.01440 0.01466 1.80 %
Jun 0.01497 0.01479 0.01521 2.83 %
Jul 0.01482 0.01470 0.01511 2.68 %
Aug 0.01512 0.01500 0.01529 1.86 %
Sep 0.01543 0.01534 0.01554 1.27 %
Oct 0.01558 0.01531 0.01583 3.25 %
Nov 0.01533 0.01519 0.01543 1.52 %
Dec 0.01523 0.01505 0.01552 2.98 %
Detailed forecast for 2025

Other exchange rates to CAD
Name Symbol Last Close Price Change
Pound/Canadian Dollar
GBPCAD 1.65535 (02.10.2023) 0.49 %
Dollar/Canadian Dollar
USDCAD 1.37042 (03.10.2023) 0.90 %
Euro/Canadian Dollar
EURCAD 1.43476 (22.09.2023) -0.13 %
Franc/Canadian Dollar
CHFCAD 1.4823 (02.10.2023) 0.52 %
Yuan/Canadian Dollar
CNYCAD 0.1838 (17.07.2023) 0.27 %
Australian Dollar/Canadian Dollar
AUDCAD 0.90065 (17.07.2023) -0.11 %
Indian Rupee/Canadian Dollar
INRCAD 0.01626 (14.09.2023) -0.25 %

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