What is the best place to exchange USD to INR (Indian Rupees)?
What is the best place to exchange my cash in USD? Should I do it in US or India?
usa india money exchange
edited Feb 10 '17 at 0:06
VMAtm
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asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
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add a comment |
What is the best place to exchange my cash in USD? Should I do it in US or India?
usa india money exchange
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
2
Also relevant: When traveling to a country with a different currency, how should you take your money? (Not a duplicate, since the restrictions on moving Rupees into and out of India mean that generic advice may not apply.)
– David Richerby
Feb 21 '17 at 11:30
add a comment |
What is the best place to exchange my cash in USD? Should I do it in US or India?
usa india money exchange
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
What is the best place to exchange my cash in USD? Should I do it in US or India?
usa india money exchange
usa india money exchange
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
edited Feb 10 '17 at 0:06
VMAtm
19.5k1279126
19.5k1279126
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
asked Feb 9 '17 at 23:43
NullCoderExistsNullCoderExists
16239
16239
2
Also relevant: When traveling to a country with a different currency, how should you take your money? (Not a duplicate, since the restrictions on moving Rupees into and out of India mean that generic advice may not apply.)
– David Richerby
Feb 21 '17 at 11:30
add a comment |
2
Also relevant: When traveling to a country with a different currency, how should you take your money? (Not a duplicate, since the restrictions on moving Rupees into and out of India mean that generic advice may not apply.)
– David Richerby
Feb 21 '17 at 11:30
2
2
Also relevant: When traveling to a country with a different currency, how should you take your money? (Not a duplicate, since the restrictions on moving Rupees into and out of India mean that generic advice may not apply.)
– David Richerby
Feb 21 '17 at 11:30
Also relevant: When traveling to a country with a different currency, how should you take your money? (Not a duplicate, since the restrictions on moving Rupees into and out of India mean that generic advice may not apply.)
– David Richerby
Feb 21 '17 at 11:30
add a comment |
2 Answers
2
active
oldest
votes
As far as I'm aware it's not possible to get much in the way of rupees outside of India - 25,000 is the limit for bringing them in / taking them out, after the 1000 / 500 rupee note crackdown - about 380 USD at today's rates.
As such, unless you're doing a very short or low budget trip, you'll almost certainly need to get more in India regardless of whether you get some in the US.
Anecdotally, I've also found it surprisingly hard outside of London in the UK to exchange GBP into INR. Only a few specialized places do it so while I'm not sure if this applies in the US it may be worth considering (NB - as per the comments on this answer, apparently this isn't the case in the US and that INR is easy to get from major banks).
Generally speaking, I've found a credit card with "perfect" exchange rates (i.e that follow the Visa / MasterCard base rates with no additional cash advance fees on top) the best way to get foreign cash anywhere, including India.
With that in mind, within India, you can get rupees easily:
via cash machines / ATMs using your credit card (I've found State Bank of India best for this, using my Visa credit card)
taking (ideally new) USD / GBP / EUR bills and changing as cash at exchange counters at the airport or your destination
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
1
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
add a comment |
May be at the airport itself, wherever you are. You may find counters at airport to exchange the currencies, if you are in emergency. But the fee or commission may be higher.
Otherwise, there are Forex companies, where you can visit and ask to exchange the currencies. You may have to do little research to find the best of it, where the commission might be nominal.
Or, it's the best to travel with International Credit or Debit Card, and visit ATM Machine to withdraw the cash.
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
add a comment |
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2 Answers
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active
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2 Answers
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As far as I'm aware it's not possible to get much in the way of rupees outside of India - 25,000 is the limit for bringing them in / taking them out, after the 1000 / 500 rupee note crackdown - about 380 USD at today's rates.
As such, unless you're doing a very short or low budget trip, you'll almost certainly need to get more in India regardless of whether you get some in the US.
Anecdotally, I've also found it surprisingly hard outside of London in the UK to exchange GBP into INR. Only a few specialized places do it so while I'm not sure if this applies in the US it may be worth considering (NB - as per the comments on this answer, apparently this isn't the case in the US and that INR is easy to get from major banks).
Generally speaking, I've found a credit card with "perfect" exchange rates (i.e that follow the Visa / MasterCard base rates with no additional cash advance fees on top) the best way to get foreign cash anywhere, including India.
With that in mind, within India, you can get rupees easily:
via cash machines / ATMs using your credit card (I've found State Bank of India best for this, using my Visa credit card)
taking (ideally new) USD / GBP / EUR bills and changing as cash at exchange counters at the airport or your destination
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
1
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
add a comment |
As far as I'm aware it's not possible to get much in the way of rupees outside of India - 25,000 is the limit for bringing them in / taking them out, after the 1000 / 500 rupee note crackdown - about 380 USD at today's rates.
As such, unless you're doing a very short or low budget trip, you'll almost certainly need to get more in India regardless of whether you get some in the US.
Anecdotally, I've also found it surprisingly hard outside of London in the UK to exchange GBP into INR. Only a few specialized places do it so while I'm not sure if this applies in the US it may be worth considering (NB - as per the comments on this answer, apparently this isn't the case in the US and that INR is easy to get from major banks).
Generally speaking, I've found a credit card with "perfect" exchange rates (i.e that follow the Visa / MasterCard base rates with no additional cash advance fees on top) the best way to get foreign cash anywhere, including India.
With that in mind, within India, you can get rupees easily:
via cash machines / ATMs using your credit card (I've found State Bank of India best for this, using my Visa credit card)
taking (ideally new) USD / GBP / EUR bills and changing as cash at exchange counters at the airport or your destination
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
1
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
add a comment |
As far as I'm aware it's not possible to get much in the way of rupees outside of India - 25,000 is the limit for bringing them in / taking them out, after the 1000 / 500 rupee note crackdown - about 380 USD at today's rates.
As such, unless you're doing a very short or low budget trip, you'll almost certainly need to get more in India regardless of whether you get some in the US.
Anecdotally, I've also found it surprisingly hard outside of London in the UK to exchange GBP into INR. Only a few specialized places do it so while I'm not sure if this applies in the US it may be worth considering (NB - as per the comments on this answer, apparently this isn't the case in the US and that INR is easy to get from major banks).
Generally speaking, I've found a credit card with "perfect" exchange rates (i.e that follow the Visa / MasterCard base rates with no additional cash advance fees on top) the best way to get foreign cash anywhere, including India.
With that in mind, within India, you can get rupees easily:
via cash machines / ATMs using your credit card (I've found State Bank of India best for this, using my Visa credit card)
taking (ideally new) USD / GBP / EUR bills and changing as cash at exchange counters at the airport or your destination
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
As far as I'm aware it's not possible to get much in the way of rupees outside of India - 25,000 is the limit for bringing them in / taking them out, after the 1000 / 500 rupee note crackdown - about 380 USD at today's rates.
As such, unless you're doing a very short or low budget trip, you'll almost certainly need to get more in India regardless of whether you get some in the US.
Anecdotally, I've also found it surprisingly hard outside of London in the UK to exchange GBP into INR. Only a few specialized places do it so while I'm not sure if this applies in the US it may be worth considering (NB - as per the comments on this answer, apparently this isn't the case in the US and that INR is easy to get from major banks).
Generally speaking, I've found a credit card with "perfect" exchange rates (i.e that follow the Visa / MasterCard base rates with no additional cash advance fees on top) the best way to get foreign cash anywhere, including India.
With that in mind, within India, you can get rupees easily:
via cash machines / ATMs using your credit card (I've found State Bank of India best for this, using my Visa credit card)
taking (ideally new) USD / GBP / EUR bills and changing as cash at exchange counters at the airport or your destination
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
edited Feb 15 '17 at 7:17
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
answered Feb 11 '17 at 9:18
codinghandscodinghands
4,2271927
4,2271927
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
1
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
add a comment |
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
1
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
"Thus you'll almost certainly need to get more in India regardless of whether you get some in the US." It's actually really quite easy to get most foreign currencies in the US, most national consumer banks provide exchange, but you might have to call ahead. see: Wells Fargo
– Declanmar
Feb 15 '17 at 7:03
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
It's more the 25000 INR limit which that sentence refers to, rather than the availability of the currency. Will reword to make clearer.
– codinghands
Feb 15 '17 at 7:14
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
That said, looking at the Wells Fargo link, their online exchange rate calculator doesn't show INR as an available currency...
– codinghands
Feb 15 '17 at 7:21
1
1
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
Presumably the restrictions on taking rupees out of India mean that it's hard for a foreign exchange service to obtain them in quantity. And the fact that people can't take a lot of rupees into India presumably means there's not a lot of profit to be made from exchanging them outside India.
– David Richerby
Feb 21 '17 at 11:31
add a comment |
May be at the airport itself, wherever you are. You may find counters at airport to exchange the currencies, if you are in emergency. But the fee or commission may be higher.
Otherwise, there are Forex companies, where you can visit and ask to exchange the currencies. You may have to do little research to find the best of it, where the commission might be nominal.
Or, it's the best to travel with International Credit or Debit Card, and visit ATM Machine to withdraw the cash.
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
add a comment |
May be at the airport itself, wherever you are. You may find counters at airport to exchange the currencies, if you are in emergency. But the fee or commission may be higher.
Otherwise, there are Forex companies, where you can visit and ask to exchange the currencies. You may have to do little research to find the best of it, where the commission might be nominal.
Or, it's the best to travel with International Credit or Debit Card, and visit ATM Machine to withdraw the cash.
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
add a comment |
May be at the airport itself, wherever you are. You may find counters at airport to exchange the currencies, if you are in emergency. But the fee or commission may be higher.
Otherwise, there are Forex companies, where you can visit and ask to exchange the currencies. You may have to do little research to find the best of it, where the commission might be nominal.
Or, it's the best to travel with International Credit or Debit Card, and visit ATM Machine to withdraw the cash.
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
May be at the airport itself, wherever you are. You may find counters at airport to exchange the currencies, if you are in emergency. But the fee or commission may be higher.
Otherwise, there are Forex companies, where you can visit and ask to exchange the currencies. You may have to do little research to find the best of it, where the commission might be nominal.
Or, it's the best to travel with International Credit or Debit Card, and visit ATM Machine to withdraw the cash.
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
answered Mar 10 '18 at 6:57
Pramod K RamPramod K Ram
214
214
add a comment |
add a comment |
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Also relevant: When traveling to a country with a different currency, how should you take your money? (Not a duplicate, since the restrictions on moving Rupees into and out of India mean that generic advice may not apply.)
– David Richerby
Feb 21 '17 at 11:30