Currency compare market1/3/2024 ![]() ![]() And if you still feel we missed out on something, do not hesitate to share your views and opinion with us in the comments below!įor our editorial codes of conduct and copyright disclaimer, please click here. Realized what you’ve been doing wrong all this while? Well if not, then we’re pretty sure a cautious message has been conveyed for transacting better in future. Travel Myths Busted: Don’t Let These Cliched Fables Ruin Your Travel Experiences Hence, make use of it while the time still may be right. Online payment portals such as PayTM, Mobikwik, and PayU are some of the leading digital platforms that are used for every other transaction in India. While cash and credit balance and spends may be limited to a particular amount that varies from bank to bank, paying for your transactions via NEFT/RTGS may fetch you a better deal. While you exchange foreign currency in India, make sure you confirm that the dealer you’re dealing is an authorized stakeholder of RBI.While you may be a pro at increasing your credit score, using credit card and international debit card too much could result in unnecessary convenience fees, and transaction fees that can also add to the interest rate you pay as the exchange rates may fluctuate anytime. Avoid over-usage of your debit and credit cards.Always compare the rates, with various dealers, on different portals, and on different dates to find better exchange rate. Do not believe in word of mouth when you’re about to exchange foreign currency. While it is important to carry some amount of cash, it is always better to carry cash and cards in a ratio of 30:70 respectively, for managing finances better. Get into a habit of the 30/70 practice.It is pretty obvious that you will be planning your trip well in advance and you might as well exchange foreign currency simultaneously. You don’t have to wait till your traveling date to exchange foreign currency.Currency exchange at airport is the safest way of exchanges. Hence, make sure you exchange your currency well in advance before hitting the airport and keep this option as a last resort. The exchange rates touch the sky and there is no point comparing the different kiosks as they all will be offering similar exchange rates. ![]() Not only do the money exchange in airport make use of your helplessness, but they plan well in advance to charge you more as the number of travelers who end up doing last-minute transactions is pretty high. If at all there is a worst place in the world to exchange foreign currency, it has to be the airports. Travel Etiquettes Around The World That Everyone Needs To Follow – With Examples Where Should One NOT Exchange Foreign Currency? 1.
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