Rupee to Dollars conversion
As of right now, the conversion rate is 44.35 rupees per 1 US Dollar. (link)
Here's my rule for converting: Move the decimal two places to the left, and then double it.
Example: 800 Rupees, move the decimal two places is 8, times two is 16. That means it's about 16 dollars (it's actually $17.99). It's not exact since the conversion isn't exactly 50, but it gets you in the ballpark.
How much US cash to carry with you
We usually travel with $100-200 USD, so that we can freely shop in international airports (most accept US dollars) and have cab money for when we return to SFO.
Credit Cards & ATM machines
Call your bank and credit card company in advance to tell them you'll be out of the country. Cards are accepted at most places.
There is likely a Foreign Currency Conversion Fee associated with each transaction. Talk to your bank to find out the details. For ATM withdrawals, there is probably the Foreign Currency fee, plus the ATM Fee (if you bank charges you for using other people's ATMs), and ATM Fee incurred by the issuing bank. This could add up to $6-10 per transation (withdrawal), so you might want to make fewer ATM stops and get more money out each time.
During my first few trips to India, I would usually pull Rs 4,000 out of the ATM (about $100) per week and that is more than enough for getting around, eating, a small shopping. Big shopping you can use a credit card in a proper shop, but not in a stall.
See also:
"RUUUPPEEEEEEEESSSS"
1 comment:
it seems as though BofA doesn't exchange rupees due to indian currency import laws. Do you wait and convert there or is there somewhere at sfo?
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