Leftover rupees and the currency rules what to know about taking money in and out

Asked about 14 hours agoSeen by 293 travellers22 found this helpful
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Dimitris Pappas580 rep2
asked about 14 hours ago

I always end trips with a sad pile of unspendable foreign cash and want to avoid it here What are the rules on bringing currency in and taking rupees out is there a limit can I reconvert leftover rupees at the airport and at what rate is it better to spend down to zero and how do I budget the last few days to avoid either running short or holding a fat useless wad at departure Practical money exit advice please

22
asked about 14 hours ago
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Dimitris Pappas580 rep2

4 Answers from travellers

Accepted Answer

Banking side so the currency rules and the exit strategy The rules in the rupee is a restricted currency you are technically limited in how much you can carry in or out and the rupee is not freely traded abroad so unlike euros or dollars leftover rupees are genuinely hard to use or convert once you leave home this is exactly why your sad pile problem is worse here than usual Bringing in declare large amounts of foreign cash over the threshold on arrival otherwise bring what you like and exchange or use ATMs as the cash threads cover Taking rupees out there are limits on rupees carried out and more practically nobody abroad wants them so the goal is genuinely to leave with near zero Reconverting at the airport you CAN reconvert leftover rupees to major currency at the airport exchange counters BUT keep your original exchange receipts they may ask and the rate plus the spread on reconversion means you lose on the round trip you exchanged in lost again exchanging out so reconverting a big pile is the expensive mistake The smart exit strategy spend down not convert back budget the last two or three days to run the rupees toward zero this is easy here because the last day costs (the final hotel the airport transfer a last meal souvenirs at proper shops not the airport) absorb cash well pay cash for everything at the end keep just a small buffer for the airport transfer and any departure snack Use up the awkward amount on tea and spices at a real shop the day before flying (not the airport markup) a generous final driver tip and the last big cash meal Keep a tiny reserve only the rupee coins and small notes are the truly unspendable residue minimise those specifically The principle arrive via ATM and exchange spend down to a near zero buffer on the final days and reconvert nothing the spend down beats the buy back rate every time

42
answered about 14 hours ago
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Nuwan S.1205 rep2

The rupee is restricted and useless abroad so spend down do not buy back is the clear strategy budgeting the last days to zero with tea and the driver tip absorbing it thank you for the exit plan

47
answered about 14 hours ago
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Dimitris Pappas580 rep2

The last day tea and spice run at a proper town shop not the airport spends the awkward pile on something you actually want at a fair price the best way to hit zero

40
answered about 13 hours ago
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Ingrid Solheim1695 rep2

The reconversion double spread is the trap you pay to buy rupees then pay again to sell them back spending the last days to near zero is the only rational move

6
answered about 13 hours ago
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Ivan Horvat2440 rep2

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