Currency

 
Indian Currency (Currency Convertor)

Rupee (Rs) = 100 Paise.

Coins are in denominations of 10, 25 & 50 Paise & 1, 2 & 5 Rupees.

Notes are in denominations of Rs 1, 2, 5, 10, 20, 50, 100 and 500. (Note: Be careful with 500 Rs denomiation notes as counterfeit notes are in circulation)

Indian Quotation

Amount

International Quotation

1 Lakh

100,000.00

100 Thousands

10 Lakhs

1,000,000.00

1 Million

1 Crore

10,000,000.00

10 Million

10 Crores

100,000,000.00

100 Million

100 Crores

1,000,000,000.00

1 Billion

Currency Regulations

Foreign Currency. There are no restrictions on the amount of foreign currency or travelers' cheques a tourist may import, provided a Declaration Form is completed on arrival, This will facilitate the exchange of imported currency as well as the export of unspent currency on departure. Cash, bank notes and travelers' cheques up to US$2.500 or equivalent need not be declared at the time of entry. Any money in the form of travellers' cheques, drafts, bills, cheques, etc. which tourists wish to convent into Indian currency should be exchanged only through authorised money changers.

Tourists are warned that changing money through unauthorised persons is not only illegal but also involves the risk of receiving counterfeit currency. To exchange foreign money other than through banks or authorised money changers is an offence.

Please note that no Indian currency whatso-ever can be imported or exported, except for Rupee traveller' cheques. Banks abroad do keep Rupee balances with their agents in India and are able to draw upon these balances to issue Rupee travellers' cheques to intending tourists.

There are 24 hour exchange facilities available at all big cites and international airports.