Australian High Commission
India
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Changes in the Exchange Rate used to calculate Financial Capacity for a Student Visa - in effect from 01 January 2010
The exchange rates are reviewed every 6 months, unless there are significant changes in exchange rates which warrant an earlier review.
Following are the new rates which will be in effect from 01 January 2010.
$1 Australian Dollar = 41 Indian Rupees
$1 Australian Dollar = 67 Nepalese Rupees
$1 Australian Dollar = 41 Bhutanese Ngultrum
These rates are determined by calculating the average exchange rate over the previous 6 months (July 2009 to December 2009) using the OANDA website.