Actual exchange rate as of 11 October
Tammy Winand
India > India Travel Basics > India Travel > Money Issues and India Travel
#1
| Member

Actual exchange rate as of 11 October

I arrive Tuesday at Delhi. What is the current amt I can except to actually receive per $100 US dollars at the counter?

Online rate says 64.8 INR to the dollar but I know that's never actually what gets exchanged

22 Replies

#2
| Maha Guru Member
By what means, Atm, exchange bureau, airport, bank, friends, relatives.?
#3
| Loud Noisy Bird
I'm guessing that he means at the airport.

Try this fx site, and set interbank +/- 5%, which it reckons is "typical kiosk rate".

Just now, it says that US$100 is Rs.6,133.10: forget the 0.1, they might not have any coins, so maybe forget the 3, there might be some fee, tax, etc, and any rounding is bound to be to their benefit, so... around Rs.6,000.

My guess work.
~
Life gets aadhar every day.
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#4
| Member
So around 6130 it sounds like

yes I meant at the airport at an exchange counter. ..if I can find what looks like an authentic Thomas Cook, otherwise I will withdraw from ATM nachine
#5
| Clueless

Originally posted by: Tammy Winand View Post

So around 6130 it sounds like

yes I meant at the airport at an exchange counter. ..if I can find what looks like an authentic Thomas Cook, otherwise I will withdraw from ATM nachine


I'd never touch a TC with a Ranger hockeystick :) Use ATM
#6
| Maha Guru Member
TC= Thomas Crook!
#7
| Maha Guru Member
Even I hard core TC didn't take any last trip. I couldn't find any to buy locally.!
#8
| Member
So you are saying not to use ANY exchange booth at airport in Delhi?!
I should just draw from an ATM on arrival instead?
#9
| Loud Noisy Bird
Well, you need to have Rs in your pocket when you walk out of the airport door. You need to get to your hotel. Depending on your time of arrival, how much rest you need, what your schedule is anyway, you might not want to have to find an ATM that first day.
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Life gets aadhar every day.
.
#10
| Maha Guru Member
The exchange booths at IGI will give a reasonable bank rate but I have been shortchanged by a cashier once many years back, a couple of 100 notes short on £100. Your main worry is being awake enough to count it after a US flight. Change $100 so that the calculation can be done without stress. An ATM precludes cheating but Indian ATMs dont always take a checking account card and a credit card will attract 2% + over the exchange rate when your bill comes in. Personally I take a lot of cash and only use an ATM to top up
#11
| Maha Guru Member

Originally posted by: Tammy Winand View Post

So you are saying not to use ANY exchange booth at airport in Delhi?!
I should just draw from an ATM on arrival instead?
Yes, yes. Carry a small amount of foreign currency as backup, but normally your money requirements can be fully met by ATMs. This option is both fast and gets you the best rate. There are miultiple ATMs at Delhi airport, and in the unlikely event that none of them work, you should be able to get a cash advance from one of the bank branches using your debit card.

Indian ATMs DO normally take "checking account cards" i.e. debit cards. Of course there may be exceptions, but usually what's happening is a glitch on a specific ATM that is easily addressed by going to another ATM. If you are worried, then carry two debit cards from different accounts if possible. Much safer than carrying around all anticipated expenses for the entire trip in the form of cash.

PS Just to confirm, Thomas Cook is a den of thieves---not only in India.
#12
| Maha Guru Member
Not if you dont lose it..........
#13
| Survivor

Originally posted by: Tammy Winand View Post

So you are saying not to use ANY exchange booth at airport in Delhi?!
I should just draw from an ATM on arrival instead?


Depending on card charges an ATM will give you a better rate. Change a small amount. You're not losing much!:confused: When I arrive in any country I change up £10 or £20. Cr@ppy rate maybe but it's a one off till you look around.

:Beer:Beer:Beer

Ps you're there now! Yippee!
GoanGoan......here & there:unsure:..Goacool:
#14
| Survivor
I've noticed a few spelling mistakes here that I'd like to help you all with. It's Thomas CROOK, not Cook. Cooks make food, crooks make money out of unsuspecting people.:mad:

:Beer:Beer:Beer
$1= 65.2 at 16.00 hours
GoanGoan......here & there:unsure:..Goacool:
#15
| Senior Member
I asked a similar question a few years back and got the same rubbish back.

What is the exchange rate, today, on the street at an average money change place?

I'd like £ but $ will do.

Don't reply with crap like look at xe.com etc. I was in Thailand last week, xe say 48 and the bank was giving 52.9.

So if you can give an in situ figure thank you, if not don't bother.
Have a good trip!