taking Japanese yen to India

rich2232 · Mar 9th, 2007, 12:06

Has anyone tried exchanging Japanese yen in India? I live in Japan where everyone uses cash and credit / debit cards are almost non-existent. I don't really want to change all my money into US dollars / travelers cheques and then change it again when I get to India, as I would lose quite a bit through exchange rates and fees.

Any ideas?

Thanks,

Richard.

sald · Mar 9th, 2007, 12:12

Though many banks / exchange bureaus do exchange Japanese Yen, you might not get competitive exchange rates. For the more widely used currencies - US$, Eur, Pound, DM you'll have wider and easier acceptance and also good rates.

You'll be better carrying some part of your cash in US$ and the balance in Yen.

Credit / debit cards are generally widely accepted in India and you could carry one as a back up.

GoanCanuck · Mar 9th, 2007, 12:51

You will not have a problem exchanging Japanese Yen in the major cities but in the smaller towns you may have a problem. Bring your debit card and use it to withdraw cash. You will get a very good ecxchange rate when you use your debit card to withdraw rupees.

Indojingai · Mar 9th, 2007, 13:09

As mentioned before, you can use cc/dc in India but keep some USD too.

Mar 9th, 2007, 12:06	#1
rich2232 Member Join Date: Feb 2007 Location: Japan Posts: 3	taking Japanese yen to India Has anyone tried exchanging Japanese yen in India? I live in Japan where everyone uses cash and credit / debit cards are almost non-existent. I don't really want to change all my money into US dollars / travelers cheques and then change it again when I get to India, as I would lose quite a bit through exchange rates and fees. Any ideas? Thanks, Richard.

Mar 9th, 2007, 13:09	#4
Indojingai One in a billion member. Join Date: Mar 2005 Location: Amsterdam Posts: 998	As mentioned before, you can use cc/dc in India but keep some USD too. __________________ I need your clothes, your boots and your motorcycle.

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Mar 9th, 2007, 12:12	#2
sald Senior Member Join Date: Dec 2005 Location: India Posts: 123	Though many banks / exchange bureaus do exchange Japanese Yen, you might not get competitive exchange rates. For the more widely used currencies - US$, Eur, Pound, DM you'll have wider and easier acceptance and also good rates. You'll be better carrying some part of your cash in US$ and the balance in Yen. Credit / debit cards are generally widely accepted in India and you could carry one as a back up.

Mar 9th, 2007, 12:51	#3
GoanCanuck Maha Guru Member Join Date: Oct 2004 Location: Vancouver Posts: 3,204	You will not have a problem exchanging Japanese Yen in the major cities but in the smaller towns you may have a problem. Bring your debit card and use it to withdraw cash. You will get a very good ecxchange rate when you use your debit card to withdraw rupees.

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