Thursday, December 15, 2011

What is the procedure for changing a others nation currency in your currency?

i want to change the currency of one country to indian currency so whats the procedure?|||Sometimes, your local (home) bank can offer favorable exchange rate, while sometimes, overseas bank or foreign currency branches can offer better deals (i.e. Travelex in Mumbai/Delhi, especially at the airport). It really depends on the market and its prevailing rates.





Some (including myself) choose to use the ATM service overseas, but you should be aware that your bank may charge a high exchange rate on top of exchange service fee.





How much Rupees (INR) were you thinking about exchanging? If you only need a small amount, let's say less than U$300, you might want to consider either options. If you live in the U.S., you might want to go to a local bank and see if they sell Rupees.





Another option is to open an elite checking account (fees may apply)with Citibank, where the branches in India will give you favorable exchange rate, and you have the security of knowing you will have dependable service in India.





Try http://www.xe.com/ucc/ to see what the exchange rate is, and try http://www.ezforex.com/ to see how much they are selling Rupees for.





Best of luck!|||you can go to any bank to get your currency converted to Indian Rupee. But before converting into Indian rupee, check what is today's rate.


you can do so by going into following links:





http://www.x-rates.com/calculator.html


http://money.cnn.com/





make sure that you are exchanging it when the rates are at the highest.|||It's really not possible. Look how many times the French have been conquered and they still use the franc.|||Go to any bank and get it changed! I think they'll do this job!

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