Why cad to inr is falling?
As of 2023 June 07, Wednesday current rate of CAD/INR is 61.624 and our data indicates that the currency rate has been in a downtrend for the past 1 year (or since its inception).
Canadian Dollar / Indian Rupee has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.
Our site uses a custom algorithm based on Deep Learning that helps our users to decide if CAD/INR could be a good portfolio addition for the future. These predictions take several variables into account such as volume changes, rate changes, market cycles.
Future currency rate of the currencies is predicted at 104.07450437752 (68.886% ) after a year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth $168.886 on 2024 June 07, Friday.
This means that this pair is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.
Forecast for Jul'23: Expected high and low CAD to INR forecast rate is 61.6597 - 61.5374 Indian Rupees respectively. Expected rate for Jul'23 is 61.59855 Indian Rupees.
Forecast for Aug'23: Expected high and low CAD to INR forecast rate is 61.6597 - 61.5374 Indian Rupees respectively. Expected rate for Aug'23 is 61.59855 Indian Rupees. Change from previous month is 0%
Forecast for Sep'23: Expected high and low CAD to INR forecast rate is 61.6597 - 61.5374 Indian Rupees respectively. Expected rate for Sep'23 is 61.59855 Indian Rupees. Change from previous month is 0%
Forecast for Oct'23: Expected high and low CAD to INR forecast rate is 61.4151 - 61.269 Indian Rupees respectively. Expected rate for Oct'23 is 61.34205 Indian Rupees. Change from previous month is -0.42%
Forecast for Nov'23: Expected high and low CAD to INR forecast rate is 61.4151 - 61.269 Indian Rupees respectively. Expected rate for Nov'23 is 61.34205 Indian Rupees. Change from previous month is 0%
Forecast for Dec'23: Expected high and low CAD to INR forecast rate is 61.4151 - 61.269 Indian Rupees respectively. Expected rate for Dec'23 is 61.34205 Indian Rupees. Change from previous month is 0%
Forecast for Jan'24: Expected high and low CAD to INR forecast rate is 61.3575 - 60.8674 Indian Rupees respectively. Expected rate for Jan'24 is 61.11245 Indian Rupees. Change from previous month is -0.37%
Forecast for Feb'24: Expected high and low CAD to INR forecast rate is 61.3575 - 60.8674 Indian Rupees respectively. Expected rate for Feb'24 is 61.11245 Indian Rupees. Change from previous month is 0%
Forecast for Mar'24: Expected high and low CAD to INR forecast rate is 61.3575 - 60.8674 Indian Rupees respectively. Expected rate for Mar'24 is 61.11245 Indian Rupees. Change from previous month is 0%
Forecast for Apr'24: Expected high and low CAD to INR forecast rate is 62.5356 - 59.9239 Indian Rupees respectively. Expected rate for Apr'24 is 61.22975 Indian Rupees. Change from previous month is 0.19%
Forecast for May'24: Expected high and low CAD to INR forecast rate is 62.5356 - 59.9239 Indian Rupees respectively. Expected rate for May'24 is 61.22975 Indian Rupees. Change from previous month is 0%
