We all know the hard and fast fact that money is the major thing that moves the world when it comes to traveling. If you are a foreign Tourist, you need not worry a single bit about foreign money exchange in India. On arriving at the airport in India, you may exchange your currency at the currency exchange booths which are located inside the airport. These booths are usually available before you leave the customs area. If you walk out of the airport you may not be allowed back in to exchange foreign currency.
Few Points That You Should Remember While Foreign Money Exchange in India:
1. Always exchange foreign currency at authorized dealers such as American express or Thomas cook outlets. Most banks also are authorized to deal in foreign exchange.
2. Insist on a currency exchange receipt. This proves the source of your funds in India.
3. Currency exchanges receipts clearly show the amount of foreign currency exchanged for Indian currency and the rate of exchange you were given.
4. Please be aware that fake Indian currency notes like Rupee 500 notes are said to be circulating in India. This is another reason it makes sense to get your currency from banks. Some stores are reluctant to accept Rupees 500 notes because of various news reports of fake currency. This year I found that there were news reports of even the 1000 Rupee note being suspected as fakes were floating around.
|Conversion Chart for Major Currencies|
|Hnog Knog Dollar||6.05|
|South African Rand||6.40|
|US Dollar(Subject to variation)||47.45|
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