Are you an NRI living in Australia? Do you need to send money to your loved ones in India? Now you can do so easily with DBS Treasures. With our online currency converter, you can calculate the AUD to INR rate in seconds, before sending money to India.
Factors affecting conversion rates
Several factors influence currency conversion rates. The most prominent ones are the economic stability of both countries, terms of trade, inflation rates, interest rates and government debt.
How to get the best AUD to INR rates
DBS Treasures NRE and NRO account holders can get preferential rates on AUD to INR currency conversion by contacting their Relationship Manager. You can also contact our customer care.
The best time to convert your AUD to INR is when AUD is at its strongest i.e. you get the most INR for your funds. This way, your beneficiary in India can receive a higher INR amount. Similarly, if you wish to repatriate money back to your Australian bank account, then a time when the INR is at its strongest will be more favourable. You can track the rates at least one month prior to conversion to ensure that you get the best rates.
To get the best currency conversion rates, open your NRE or NRO account with DBS Treasures today! Get preferential currency exchange rates and a host of benefits while transferring funds between Australia and India.