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How to Convert Dollar into Rupees

Discussion in 'Off Topic Chit Chat' started by KhanSaab, Jul 20, 2016.

  1. KhanSaab

    KhanSaab New Member

    I have been given around $200 American dollars from my aunt who had come from the USA to India. I now need to know how to convert the dollar into rupees so I can get an idea of how much I would get, and find out when the best time to exchange would be.

    Along with this I would also like to know where I can get the money converted from?
     
  2. briannagodess

    briannagodess Well-Known Member

    Hello and welcome to the forum!
    • 1 Indian Rupee = 0.0148 US Dollar (As of July 20, 2016)
    • 1 US Dollar = 67.17 Indian Rupees (As of July 20, 2016)
    So $200 would be equal to Rs. 13434.49. The Indian Rupees had been pretty stable for the past months. Here is the trend for the last few months:
    • July 15 - 67.07
    • July 11 - 67.11
    • July 1 - 67.24
    • June 30 - 67.51
    • June 23 - 67.29
    • June 15 - 67.08
    • June 10 - 66.84
    • June 2 - 67.22
    • May 27 - 66.96
    • May 25 - 67.28
    You can wait for a while until the rate increases. But it won't be a big increase and there's that chance of the rate going down as well.

    Next, here are some reliable money exchangers in Mumbai. Although you can also exchange your money on the airport. Here they are:

    1. Mohanraj Trading Exchange Private Limited - Aside from being a money exchanger, they also do money transfer services.
    • Address: Near Balaji Refreshment, Sarkar Plaza, 57, Hill Road, Bandra West, Mumbai, Maharashtra 400050
    • Contact number: (022) 26416357
    2. Sealand Forex - Primarily a foreign exchange agent and they accept different modes of payments like credit cards and debit cards.
    • Address: 5, Jai Jawan Market, Vashi Sector 17, Navi Mumbai- 400705, Maharashtra
    • Contact number: (022) 27894553
    3. Royal India Forex - They are a foreign exchange counter but they provide domestic and international tickets too.
    • Address: No. 3 Rehana Manzil LJ Road, Mahim West, Mumbai- 400016, Maharashtra
    • Contact number: (022) 24464843
    4. Zuari Forex Limited - They are open almost 24 hours. They have many services: money exchange, money transfer and cheque selling/buying.
    • Address: Puran Niwas, Ground Floor, Arthur Bunder Road, Colaba, Mumbai- 400005, Maharashtra
    • Contact number: (022) 22831324
    5. UPS Forex - They are primarily a foreign exchange agent. They even do door-to-door services for clients.
    • Address: Office Number 101, Madhuban, 23 Cochin Street, Fort, Mumbai- 400001, Maharashtra
    • Contact number: (022) 22657086
    I hope this helps!
     

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