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Currency Exchange in Chennai

Best Currency Exchange in Chennai

Originally called Madras, Chennai is now the capital of Tamil Nadu in southern India. Located on the Coromandel Coast, the city is a significant urban and cosmopolitan centre. In terms of trade, culture, education, and the economy, it is one of the most significant cities in South India and the whole country. Indeed, Chennai is often referred to be South India's "Cultural Capital."

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The city of Chennai has traditionally been a hub for the creative industries, including the performing arts of music, dance, and other types of performance. In Chennai, Carnatic music is deeply ingrained in the culture.ย 

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The Tamil film industry, known as Kollywood, is headquartered in Chennai as well. Every year, Chennai plays host to a slew of film festivals that bring in audiences from all over the world to see premieres of new and upcoming films from not just India but throughout the world. Chennai is home to a number of prominent Indian film production companies. These include Gemini Studios, Vijayaa Vauhini Studios and AVM Studios.ย 

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The months of October through February are peak periods for tourism in Chennai. Chennai is easily accessible by air, train, and road for vacationers.

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Let's go deeper into the details of using the service of currency exchange in Chennai.

Fake Currency Identifiers

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There are several ways to spot fake currency when you are opting for currency exchange in Chennai . Some of them are mentioned below:

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    Authentic banknotes feature a watermark.

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    While the printing of an authentic note is crisp and fine, a fake note may feature blurry borders and smudged writing.

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    Authentic notes feature microprinting that can easily be read with the help of a magnifying glass.

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    Authentic notes generally feature raised printing that you can sense by simply running your fingers against the rough texture of the surface.

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    Authentic notes generally feature a security thread that also boasts microprinting.

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Major Areas and Markets in Chennai to Buy Foreign Currency

You can easily find places for currency exchange in Chennai . Here are some suggestions for good places to exchange currency in Chennai:

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    T. Nagar - The area around T. Nagar is a hub of commerce and business. Chennai is well-known for its ambience, but the city is also home to several foreign exchange outlets.

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    Grand Southern Trunk Road - One major thoroughfare in Tamil Nadu is the Grand Southern Trunk Road, also known as National Highway 45. This road connects Chennai with Trichy and goes by both names. In this chic part of Chennai, you may change money at a reputable bank.

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    Parthasarathi Puram- Parthasarathi Puram is located in the middle of Chennai and has a lot of businesses that help travellers change money.

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    Anna Nagar West Extension - Anna Nagar West Extension is a well-developed area of Anna Nagar where people live. It is near Elango Nagar and Villivakkam and offers a wide range of currency exchange services in Anna Nagar Chennai.

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    Velachery Road - Velachery Main Road is 2.57 km long and witnesses a huge traffic. Due to its close proximity to Chennai Airport, it has a number of places where you can exchange money in Velachery.

Other popular areas for currency exchange in Chennai include

What are the Most Famous Places in Chennai

After the currency exchange in Chennai, it's time to go sightseeing among the city's ancient buildings, quaint alleyways, and cutting-edge neighbourhoods. Some of the city's most well-known landmarks are listed here.

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    Marina Beach - It doesn't take long to walk to Marina Beach, India's largest beach, when in Chennai. The beach is fringed by palm trees and stretches from Fort St. George to Besant Nagar.

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    Fort St. George - Fort St. George was built as a government hub during the British era, and it today houses the St. George Museum, which is home to a wide variety of artworks, as well as coins, weapons, silverware, historical documents and ceramics.

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    Thousand Lights Mosque - The Thousand Lights Mosque ranks high on this list because of the importance that Chennai places on architecture. The mosque's main hall is illuminated by a thousand oil lights, which is how the location received its name.

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    Besant Nagar Beach - Besant Nagar Beach, as it is now known, draws visitors with its calm atmosphere and tidy brown beaches.

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    Ashtalaxmi Temple - The Ashtalaxmi Temple is the sole temple devoted to the Goddess Mahalakshmi on the eastern coast of Tamil Nadu, and it can be found on the beautiful Besant Beach. The statues of Dashavatara, Guruvayoorappan and Ganesha are on display.

Other popular tourist spots to explore in Chennai include

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    Vellankani Shrine

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    Dakshina Chitra

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    Guindy National Park and Snake Park

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    Mylapore

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    Royapuram Fishing Harbour

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Towns and Cities Near Chennai

  • Kanchipuram- One of the most significant Hindu pilgrimage destinations in the world is Kanchipuram, popularly known as the Golden City of Temples. This must-visit city is 75 km away from Chennai.

  • Covelong- A fishing town on the coast of Tamil Nadu, Covelong is a paradise for everyone who enjoys relaxing on the sand. It's the perfect weekend vacation from Chennai, and it's 40 km away from the capital of Chennai.

  • Mamallapuram- Town once known as Mahabalipuram, but now known as Mamallapuram, is located 57 km away from Chennai. Various important monuments dating from the Pallava dynasty can be found in this harbour city.

  • Pulicat- Pulicat, in Tamil Nadu, is a small yet beautiful beach village on the Coromandel Coast. This little town, which was an important Dutch outpost in the seventeenth century, is 60 km away from Chennai.

  • Sriperumbudur- Sriperumbudur, an industrial town in the Kanchipuram District of Tamil Nadu, is quickly gaining recognition as a popular tourism destination. Moreover, it is set about 40 km away from the capital of Chennai.

Other popular nearby cities include

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    Walajabad

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    Chengalpattu

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    Karumbakkam

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    Sriperumbudur

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    Thiruthani

Nearest Airports to Chennai

Chennai International Airport

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As the third busiest airport in India after Delhi and Mumbai, Chennai International Airport, formerly known as Madras Airport, serves the Chennai Metropolitan Area in the state of Tamil Nadu.

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The Chennai International Airport can be found to the southwest of the city centre, around 21 kilometres. Dubai, Singapore, Colombo, Doha, Kuala Lumpur, Kuwait, Bangkok and Hong Kong are the busiest international destinations served by MAA Airport.ย 

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The Chennai International Airport is operated and managed by the Airports Authority of India (AAI). AAI takes many measures each year to ensure that its passengers have access to the most cutting-edge conveniences and comforts. For reasons of safety, the authority also oversees services including freight and customs.

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Chennai Airport is well-known for its free luggage trolley service, as well as its high-end eateries, duty-free shops and designer boutiques.ย 

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There is also the service of currency exchange in Chennai Airport. Though the currency exchange in Chennai International Airport is somewhat pricey in Chennai. In fact, exchanging money at Chennai Airport would be 10%-15% more expensive than using BookMyForex. So, if you're trying to find the best currency exchange in Chennai, the airport probably isn't the best place to do it.

Best Way to Carry Foreign Currency

BookMyForex allows you to currency exchange in Chennai at the best exchange rates so that you can carry the money without any hassle. Some of the best ways to carry foreign currency are mentioned below:

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Currency Notes in Chennai

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You can buy currency notes at live and the best exchange rates on BookMyForex so that you can be ready for your trip with sufficient cash in hand.

Forex Card in Chennai

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The Multi-Currency Forex Travel Card available on MakeMyTrip with BookMyForex as the co-branding partner comes with a 0% forex markup over interbank rates.

Exchange Currency with BookMyForex in Chennai

Whether you want to buy forex cards and currency notes or sell them, MakeMyTrip makes the entire process of currency exchange in Chennai quite easy. You only need to follow the below-written steps:

  • STEP 01

    Select your city from the drop-down list.

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  • STEP 02

    Choose the currency you have and the currency you want.

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  • STEP 03

    Opt for a forex card or currency notes from the list.

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  • STEP 04

    Mention the forex amount. The live currency exchange rate will show up next to it.

  • STEP 05

    The converted currency amount according to the exchange rate will show up automatically.

  • STEP 06

    Then proceed with booking your order.

Buying or Selling Foreign Currency at Local Money Changers in Chennai

You can look for an Authorised Dealer Category II or someone who has a money changers licence. Money exchangers offer competitive rates of currency exchange in Chennai , and youโ€™d not need a bank account in this case. However, the process of rate haggling can be quite frustrating for those who are looking for an easy way for currency exchange in Chennai.

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On the other hand, BookMyForex, an online marketplace, offers internationally-accepted forex card and currency notes at a best rates via a convenient online process.

Different Purposes for Exchanging Currency

  • Studying Abroad : You can purchase foreign exchange of up to USD 30,000 or up to the estimate shared by your educational institute.

  • Employment Purpose : In case you have a letter of employment, you can buy foreign exchange of up to USD 5,000.

  • Emigration: If you have an emigration visa, you can buy foreign exchange for up to USD 5,000.

  • Gift and Donation: You can gift or donate up to USD 5,000 annually on the basis of self-certification

  • Medical Treatment: On the basis of self-certification, you can buy foreign exchange of up to USD 50,000 for medical treatments outside of India. Once the limit is surpassed, you have to provide the estimated expense that would be incurred at the hospital.

Buy and Sell Foreign Currency Online at Best Exchange Rates in Chennai

With BookMyForex, the online forex marketplace by MakeMyTrip, you can enjoy currency exchange in Chennai. Enjoy unbeatable currency exchange rates and opt for BookMyForex Multi-Currency Cards as well as foreign currency notes. with no forex mark-up. MakeMyTrip also presents real-time exchange rates so that you can stay updated with the ever-changing value of a currency when converting your money.

Home Delivery of Foreign Currency in Chennai

In addition to a smooth online process for currency exchange in Chennai , BookMyForex also delivers currency notes right to your doorstep. In fact, you can enjoy same-day door delivery. So, you do not have to waste any time visiting a local money exchanger and picking up your money.

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Frequently Asked Questions

  • How do I get cashback after currency conversion?

    Find out more about the cashback by clicking here.

  • Where to exchange currency in Chennai?

    You can exchange foreign currency in Chennai through online platforms like MakeMyTrip Forex Solution, whether via app or website. You can also exchange foreign currency at various places in Chennai such as banks, post offices, travel agencies, and currency exchange bureaus. Some hotels also offer this service.

  • Can I exchange currency at Chennai airport?

    Yes, you can exchange currency at Chennai airport. There are usually several currency exchange counters available in the arrivals and departures area. However, keep in mind that the rates might not be as favourable as in Chennai city.

  • Which is the best place to exchange currency in Chennai?

    The best place to exchange currency in Chennai depends on the exchange rates offered online and offline. It can be exchanged online through platforms like MakeMyTrip or through banks, post offices, and currency exchange bureaus. It's recommended to compare rates before deciding.

  • How to exchange currency in Chennai?

    The process for exchanging foreign currency in Chennai typically involves presenting your ID and the currency you wish to exchange at a bank, post office, or currency exchange bureau. The staff will then calculate the amount you'll receive based on the current exchange rate.

  • What is the cheapest way to exchange currency in Chennai?

    The cheapest way to exchange currency in Chennai can vary. It's often cheaper to exchange currency online via platforms like MakeMyTrip offering budget-friendly exchange rates or at a bank or currency exchange bureau in Chennai rather than at the airport.

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