4 answers

Currency in India

about 3 years ago about India

I'm off to India in a couple of days. I'd like to know if I'l be able to exchange Can dollars for INR? If yes, at what rate? And... am I going to be able to get currency or is still an issue?

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4 Answers

  • 0

    Indian Rupee. There are many currency exchanges at the airport. Its easy and feasible. about 3 years ago

    Answered by Arohi via Site_iconWorldNomads.com
  • 0

    Too late for you but for other travelers: don't exchange at the airport; it's a rip off with all the fees etc. use your atm card to withdraw. There are hardly any restrictions anymore. about 3 years ago

    Answered by via Site_iconAsk a Nomad iPad app
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    But ATMS will only allow you take $40 or so out PER withdrawal... about 3 years ago

    Answered by Jennifer via Site_iconWorldNomads.com
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    Indian Money Exchange Tips:

    1. Do not exchange in the airport if you can possibly avoid it (See tip #5).

    2. There are many currency shops in Indian cities, you can go to one of these to exchange money at the best rate (legally).
    2.a. If you have an Indian friend where you are going, have him/her take you to the exchange and go in for you (better rate).
    2.b. If you are on your own, research the location ahead of time and book a prepaid cab at the airport to take you there, and then on to your hotel.
    2.c. Research the current exchange rate. Do not accept their first offer, rather keep repeating the exchange rate to them. They will never come down to the exchange rate of course, but they will offer a better rate.
    2.d. DEMAND a receipt. I was in India during Modi's repeal of the 1000's and 500's. Days earlier, my exchange man had not wanted to give me a receipt and had pointed out that I would be waisting the 300 rupee charge he would make if I demanded one. I did anyway. One week later, the only way to exchange my 60,000+ (now worthless) rupees was to provide my passport and A RECEIPT of transaction.

    3. If you cannot find a currency shop where you are, exchange at a bank. Ask to see a manger because I have always found that they are very kind to foreigners.

    4. Do not take the unbelievably great rate this person can give you if you can tell him the amount and give him fifteen minutes to go see a friend. This is black market exchange, and the current government has no tolerance for it.

    5. Keep enough rupees at the end of your trip to cover your initial expenses on your next trip so that you will not have to exchange in the airport next time. over 2 years ago

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