5 Things to Know Before Exchanging Foreign in India
This is the common that now people are traveling from one country to another and each country has its own currency is used in that particular country and for touring to that country you have to exchange your currency with that country currency while foreign exchange you should take care of some things which will also help you in the future. In India, you will find many departments who change currency and there is also currency exchange service in Delhi which has made easy for the people to not roam everywhere and feel difficulty in getting your change currency.
Purchase your exchange currency before your traveling date
People who are traveling to India the advice are giving to them that they should change their currency before a week of traveling or you are very busy then you can change before three days of traveling as you know that rates of currency were fluctuating every day. If the rates of currency go higher than in this case you have to wait for days when their rates fall and this can harm your journey if rates do not fall so don’t remain for last minutes hurry be first and enjoy your trip in your budget.
Don’t Exchange from Airport Outlets
If you are thinking of exchanging currency from the airport then you should back out your step from this option because this option is very expensive for you. You will be charged a commission of 10 to 15% of your amount it means you will leave with small amount and you will also not have any option left with and you can also not able to do bargain in result of which you will lose good amount and this can change your plans before leaving the destination.
Carry 30/70 for traveling and best practice
When you are planning trip with this you should take idea of that how much of cash you would be required in all your trip from which you have to carry 30% cash for the purpose such as paying to taxi service and remaining of 70% you should carry in your card and you can get better discount and facility in card than in the currency of cash and carrying card is safe also.
Before Buying Compare Exchange Rate
When you go for exchanging currency first you should compare it as all the vendors have their rate and its rates get different from all the vendors and it is better to compare at least 4 vendors and then go for the best one. Even you can also compare exchange rates through the online process of the authorized money changer in your area with this you can also place an order online and you will get home delivery.
Avoid Travellers Cheque
Buying things with a cheque is talks in the past and even changing en-chasing the traveler cheque it takes commissioned of 5 to 6% and now you can use card do why to carry cheque.