340 Indian Rupees in Canadian Dollars - 340 INR to CAD - Rs to $
Today, 340.00 (three hundred and fourty) Indian Rupees are worth 5.97 Canadian Dollars, ie, Rs340.00 = $5.97. That's because the Indian Rupee exchange rate today, used to convert to Canadian Dollars, is 0.02. So, to make Indian Rupees to Canadian Dollars conversion, you just need to multiply the amount in INR by 0.02, the exchange rate.
Learn how to get the best Indian exchange rate before exchanging your money
The Indian Rupee is the official Indian currency. INR/CAD represents the value of Indian money in Canadian money and it is called the 'exchange rate'. The Indian Rupee to Canadian Dollar exchange rate today is at 0.018.
As an example, suppose you are from Ottawa Canada and you travel to New Delhi India. There, you need to get 340 Indian Rupees (Rs) at a New Delhi bank to pay your hotel. In this case you would pay 0.018 x 340 = 6.12 Canadian Dollars. But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses.
In the example above for a 340.00 Indian Rupees amount, the result of the money conversion is 6.2424 CAD for a 2% margin or 6.3036 CAD for a 3% margin.
Note: If you use our Indian Rupee to Canadian Dollar conversion calculator, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like INR-CAD or INRCAD among others. The currency symbol for Indian Rupee is (Rs) while the currency symbol for Canadian Dollar is ($)