Current exchange rate at Mumbai airport

#1
Feb 15th, 2010, 00:13 Just visiting
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  • ros_brodie is offline
#1

Current exchange rate at Mumbai airport

We arrive at Mumbai airport and were wondering whether we should buy some INR before we leave home, or wait until we land at Mumbai. Can anyone tell me what the current rate is at Mumbai airport for British Pounds?
Thanks.
#2
Feb 15th, 2010, 03:03 Specialist muddler
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#2
Why don't you use an ATM? Better rate for sure ...
#3
Feb 15th, 2010, 03:29 Senior Member
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#3
Quote:
Originally Posted by Brisso View Post Why don't you use an ATM? Better rate for sure ...

is it a general rule all over india that ATM is better than cash exchange?
#4
Feb 16th, 2010, 02:59 Just visiting
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#4
... plus, there are bank charges when you draw money from a foreign ATM. I think my bank charges about INR130 per cash withdrawal overseas - that's about 2.5% on a withdrawal of INR5000.
#5
Feb 16th, 2010, 03:04 Specialist muddler
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#5
You also pay fees on currency exchange, its just that its implcit in the rate you are given. Use the ATM and take out the maximum you can to reduce relative fees.
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#6
The rate at home will be the worst. Get a small amount at Mumbai and change more later when you see exchange rates in the area where you're staying.

GoanGoan......here & there

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