To obtain the live interbank pound to INR exchange rate you can use our currency converter below.
The Currency Club can indeed supply Indian Rupees to residents of India travelling back into India. Please read the guidance carefully It is currently advised to take a maximum of 25,000 INR per visit. Additionally, you can also take British pounds or other foreign currencies, however you must declare if you are carrying more than $5000 US Dollars.
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*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
If you are not an Indian resident and you are travelling for tourism, then yes, however it is always sensible to use official currency exchanges such as banks, licenced exchanges or ATMs when within the country. Many tourists have been caught out by using unlicenced providers of currency in major cities where they have either been given forged Indian rupee notes, or notes which are now out of circulation. It is always a good idea to have a clear idea of what current Indian Rupee notes are in circulation so you can check before confirming any exchange.
Check that the currency provider is licenced by the RBI (Reserve Bank of India) or use an official bank or ATM
Unfortunately, you will always be charged for Indian Rupees in India. Its extremely difficult to avoid this and given the restrictions on currency movements, this is unavoidable, so always compare fees and check the all inclusive price carefully before exchanging.
You can always check directly from the RBI official website, also known as the Reserve Bank of India.
The current notes in circulation are, 2000, 500, 200, 100, 50, 20, 10 and 5
Please double check the 500 notes which should be in a stone grey colour and ensure that you are not receiving any 1000 notes (the older notes were discontinued) when you make your currency exchange.
You certainly can. The Currency Club offers a currency buy back on Indian Rupees at the real exchange rate with no hidden fees.
The Currency Club can also assist you with low cost International Payments. Click here for more information.