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?
Best Answer
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.
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Where can I exchange US dollars for Indian rupees?
Currency exchange in India can be done through Banks (AD-I licence by RBI), and Money Changers(Both AD-II and FFMC licence holders).Which bank gives best exchange rates from dollar to rupee?
Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.What is the fastest way to convert USD to rupees?
Suppose you have Rs 1000, then just divide 1000/61.06=16.377 dollars. Thus, you would get 16.377 dollars for Rs 1000, which is the exact rupee dollar rate. On the other hand, if, you have 1000 dollars, just multiply the 1000 dollars by 61.06. So, your calculation would be: 1000 x 61.06 = 61,060.Where can I exchange foreign currency for free?
Your bank or credit union is almost always the best place to exchange currency.- Before your trip, exchange money at your bank or credit union.
- Once you're abroad, use your financial institution's ATMs, if possible.
- After you're home, see if your bank or credit union will buy back the foreign currency.
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