As of June 15, 2023, the Canadian dollar has appreciated against the Indian rupee, with an exchange rate of 1 CAD to 60 INR. This appreciation can be attributed to the consistent growth in the value of the Canadian dollar over the years. During the first half of June 2023, there was significant volatility in the exchange rate between the two currencies, fluctuating between a peak of 61.9 and a trough of 60.65. The calculated value for the standard deviation of the trend curve is 0.135 rupees. The appreciation of the Canadian dollar has been observed in light of recent fluctuations in the exchange rate. There has been a significant reduction in the cost of the product from 5055 rupees to 60 rupees. Overvaluation of assets could arise due to trade deficits or sudden surges in demand and pricing for petroleum products.