currency rates

anjunaangel · Nov 27th, 2004, 12:58

hi there anyone in goa at the moment????what is the rate on pounds at the moment there thank you guys see you next week lol

seventies'hippy · Nov 27th, 2004, 13:28

Quote:

Originally Posted by anjunaangel

hi there anyone in goa at the moment????what is the rate on pounds at the moment there thank you guys see you next week lol

I'm not in goa now but the exchange looks like its very high 80's to the £

steven_ber · Nov 27th, 2004, 13:30

£1.00 = 85.21 India Rupees.

http://www.xe.com/ucc/

anjunaangel · Nov 27th, 2004, 14:25

thanks guys but i find that sometimes the currency converters are different to real life when you getthere haha thanks again

goangoangone · Nov 27th, 2004, 15:43

Check out if they charge commission before you get sucked into a good exchange rate. It can make a massive difference

seventies'hippy · Nov 27th, 2004, 18:22

Quote:

Originally Posted by anjunaangel

thanks guys but i find that sometimes the currency converters are different to real life when you getthere haha thanks again

The rate I was refering to " very high 80's to the £' would be the type you'd get for cash around the calangute/candolim area from one of the bureu de change type 'jewellery shops. It's always several rupees more than the official rates,,,,,,,,,,

Kingfisher · Nov 27th, 2004, 19:30

right now, the sign on the cybershop wall says 83.00 with no commission. You'd get a couple of rupees more at the State Bank of India in Mapusa if you don't mind the half hour wait.

Baldy · Nov 29th, 2004, 05:17

kingf - what is the rate for the Australian dollar?

Camelot · Nov 29th, 2004, 08:26

gday baldy, just looked it up. its just over 35 rps to the dollar.

Baldy · Nov 29th, 2004, 08:28

cam - are you in India or is that a financial insitiution rate? Last I was in India in 2001 the rate was about 24. So there has been a strong appreciation ...

SydneyKate · Nov 29th, 2004, 08:49

Current rate AUD to rupees is 35.Yes I agree with you, last year I visited India and it was about 30.
Kate
ps useful site: http://www.xe.com

Kingfisher · Nov 29th, 2004, 18:57

Baldy: the local moneychangers here only deal in 'the big 3'. Today's rates are $44.30, Lb 83.15, and euro 58.10 The State Bank of India in Mapusa doesn't have a rate for the Australian $, so you would probably have to deal with a money-changer while in north Goa, and they generally use the Thos Cook buying rate which is a couple of points off the mid-rate.

For any Canadians interested, last week the State Bank rate on CDN tc's was 37.40, while the money changer rate was only 34.50.

Merchant · Nov 29th, 2004, 21:07

There's no such thing as THE rate, unless two currencies are officially pegged (and the rupee isn't). Rates published in newspapers or on the internet are averages of various banks. Rates also differ if you are buying or selling or paying with a credit card.

In other words, the rate is whatever the institution you're dealing with says it is.

goangoangone · Nov 29th, 2004, 23:07

The rates on http://xe.com/ are the current interbank rates. Of course you won't get the same but it's a good indication. Nice to know you're not getting totally ripped off

Commission is what to watch out for

Camelot · Dec 2nd, 2004, 07:10

i was in india 2002 and the rate was bout 28, but the dollars been doing very well lately, so should be up around the 33 - 35 mark

Nov 27th, 2004, 12:58	#1
anjunaangel Senior Member Join Date: Sep 2004 Location: uk Posts: 187	currency rates hi there anyone in goa at the moment????what is the rate on pounds at the moment there thank you guys see you next week lol

Nov 27th, 2004, 13:30	#3
steven_ber Member Join Date: Sep 2001 Location: London, England. Posts: 8,927	£1.00 = 85.21 India Rupees. http://www.xe.com/ucc/ __________________ . How to get helpful replies to your transport/Itinerary questions. Train information.

Nov 27th, 2004, 15:43	#5
goangoangone Monsoon Loon Join Date: Aug 2004 Location: Goa Posts: 1,492	Check out if they charge commission before you get sucked into a good exchange rate. It can make a massive difference __________________ GoanGoan......here

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Nov 27th, 2004, 14:25	#4
anjunaangel Senior Member Join Date: Sep 2004 Location: uk Posts: 187	thanks guys but i find that sometimes the currency converters are different to real life when you getthere haha thanks again

Nov 27th, 2004, 19:30	#7
Kingfisher slow typing member Join Date: Sep 2004 Location: west coast canada Posts: 107	right now, the sign on the cybershop wall says 83.00 with no commission. You'd get a couple of rupees more at the State Bank of India in Mapusa if you don't mind the half hour wait.

Nov 29th, 2004, 05:17	#8
Baldy gotta pee ... Join Date: Sep 2004 Location: Brisbane Posts: 187	kingf - what is the rate for the Australian dollar?

Nov 29th, 2004, 08:26	#9
Camelot Member Join Date: Oct 2004 Location: Brisbane, Australia Posts: 37	gday baldy, just looked it up. its just over 35 rps to the dollar.

Nov 29th, 2004, 08:28	#10
Baldy gotta pee ... Join Date: Sep 2004 Location: Brisbane Posts: 187	cam - are you in India or is that a financial insitiution rate? Last I was in India in 2001 the rate was about 24. So there has been a strong appreciation ...

Nov 29th, 2004, 08:49	#11
SydneyKate Member Join Date: Jul 2004 Location: Sydney Posts: 77	Current rate AUD to rupees is 35.Yes I agree with you, last year I visited India and it was about 30. Kate ps useful site: http://www.xe.com

Nov 29th, 2004, 18:57	#12
Kingfisher slow typing member Join Date: Sep 2004 Location: west coast canada Posts: 107	Baldy: the local moneychangers here only deal in 'the big 3'. Today's rates are $44.30, Lb 83.15, and euro 58.10 The State Bank of India in Mapusa doesn't have a rate for the Australian $, so you would probably have to deal with a money-changer while in north Goa, and they generally use the Thos Cook buying rate which is a couple of points off the mid-rate. For any Canadians interested, last week the State Bank rate on CDN tc's was 37.40, while the money changer rate was only 34.50.

Nov 29th, 2004, 21:07	#13
Merchant Maha Guru Member Join Date: Oct 2003 Location: New York Posts: 2,079	There's no such thing as THE rate, unless two currencies are officially pegged (and the rupee isn't). Rates published in newspapers or on the internet are averages of various banks. Rates also differ if you are buying or selling or paying with a credit card. In other words, the rate is whatever the institution you're dealing with says it is.

Nov 29th, 2004, 23:07	#14
goangoangone Monsoon Loon Join Date: Aug 2004 Location: Goa Posts: 1,492	The rates on http://xe.com/ are the current interbank rates. Of course you won't get the same but it's a good indication. Nice to know you're not getting totally ripped off Commission is what to watch out for

Dec 2nd, 2004, 07:10	#15
Camelot Member Join Date: Oct 2004 Location: Brisbane, Australia Posts: 37	i was in india 2002 and the rate was bout 28, but the dollars been doing very well lately, so should be up around the 33 - 35 mark

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