India is an excellent country for travel to see the diversity of cultures and its epic sites. While the influx of travellers worldwide has increased, they also require enough money to survive in another country. You should know the currency of the country you travel to and arrange for funds accordingly. Indian Rupee, or INR, is the official currency of India. You find it in notes and coins of INR 10, INR 100, INR 200, INR 500, etc.
While travelling from Australia, you should convert AUD to INR at the live exchange rate for utility. Here is a guide on handling travel money in this country.
What are the exchange rates between major currencies and INR?
The exchange rates between INR and other currencies fluctuate. The value of USD to INR is INR 83.07*. Similarly, you can find the exchange rates for GBP, SGD, USD, and other currencies online. You may check the currency calculator for quick and accurate results if desired.
Can you take INR to India?
The Indian Rupee is a closed currency. Foreigners cannot carry the Indian currency into India. If you are a resident of India, you can bring up to INR 25,000 or USD 350 without declaration. Any amount higher than this limit requires a declaration. If you travel to India from abroad, you may need to declare cash or cash equivalents at the border. The requirement applies to all countries and depends on the amount you carry.
By law, if the amount is USD 5,000 or more in coins and notes or USD 10,000 or more in coins, notes, and traveller’s cheques, you should declare it.
Are foreign currencies allowed?
Foreign currencies are allowed in India without restrictions. For example, you need to convert the value of 1 AUD to INR before spending it in India since all transactions happen in local currency. Consider the exchange rates and ensure you get a fair value for your funds. It is best to prepare money in different forms, such as a combination of cash, Credit Cards, and traveller’s cheques if you need them. Keeping them in other places is advisable.
Where to get INR in India?
You can get Pound to Rupee value at banks and money exchange services all over India. Major currencies such as US Dollars, British Pounds, and Euros are easier to change. Bring clean and undamaged cash so the exchange service can accept it. Planning your conversions and finances for travel is necessary.
What are the tips for exchanging currencies?
When you exchange currencies like AU Dollar to INR, ensure your Credit or Debit Cards have a four-digit code. If your PIN is longer, ask your bank to change it before travelling. Ensure the card has access to banking networks in India and be aware of the associated charges.
