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Currency Exchange in Hyderabad
Best Currency Exchange in Hyderabad
Hyderabad is the capital of both the states of Telangana and Seemandhra, and it is a popular tourist destination in southern India. Picturesquely located on the banks of the river Musi, the city was founded by Muhammad Quli Qutb Shah of the illustrious Qutb Shahi family in 1591.
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Hyderabad has a fascinating position on the map. The point where Northern India stops and Southern India begins. And thus, Hyderabad has become a magnificent synthesis of two distinct civilizations. The city of Hyderabad has long been recognised as a cultural centre.
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The gastronomy of Hyderabad nowadays is a fusion of regional specialities from all across India. We recommend you try the regional specialities while you are there. The Dum Biryani from Hyderabad is a popular meal that has gained recognition all over the world.ย
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Visitors, whether they're students on a budget or history buffs, will find that Hyderabad is a wonderful destination. Charminar, Golconda Fort, Salar Jung Museum and Hussain Sagar Lake are just a few of the many renowned tourist attractions in and around Hyderabad.
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Let's go deeper into the process of obtaining foreign currency exchange in Hyderabad now.
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Fake Currency Identifiers
There are several ways to spot fake currency when you are opting for currency exchange in Hyderabad . Some of them are mentioned below:
Authentic banknotes feature a watermark.
While the printing of an authentic note is crisp and fine, a fake note may feature blurry borders and smudged writing.
Authentic notes feature microprinting that can easily be read with the help of a magnifying glass.
Authentic notes generally feature raised printing that you can sense by simply running your fingers against the rough texture of the surface.
Authentic notes generally feature a security thread that also boasts microprinting.
Major Areas and Markets in Hyderabad to Buy Foreign Currency
You can easily find places for currency exchange in Hyderabad . Here are some suggestions for good places to exchange currency in Hyderabad:
Punjagutta Main Road - Connecting the neighbourhoods of khairatabad, punjagutta, and somajiguda, this locality is prominent for currency exchange in Hyderabad.
Nanal Nagar - Currency exchange services are plentiful in Nanal Nagar, as the area is near the Hyderabad Airport.
Madhapur Road - This is Madhapur Road in the Ranga Reddy District. It is surrounded by several IT hubs and is an ideal place for the best currency exchange in Hyderabad.
Avanti Nagar - If you need to exchange cash in Hyderabad, head to the affluent neighbourhood of Avanti Nagar, which is centrally located.
Dilsukhnagar- One of the main business and residential hubs in Hyderabad is Dilsukhnagar. Due to the high volume of visitors, Dilsukhnagar has become well-known in Hyderabad as the city's premier location to exchange cash.
Other popular areas for currency exchange in Hyderabad include
Kukatpally Housing Board Colony
Chanda Nagar
Sreebagh Colony
Jal Vayu Vihar
Bhagya Nagar Colony
What are the Most Famous Places in Hyderabad
Apart from currency exchange in Hyderabad NCR, you can also explore the various tourist attractions of this hi-tech and prominent city. Here are a few famous places in the city that you must not miss out on.
CharMinar - Char Minar, the city's iconic landmark, is a breathtaking sight. This monument is steeped in history since it is situated in the centre of the ancient city of Hyderabad, close to the Mecca Masjid, which was constructed with bricks brought from Mecca, and the Laad Bazaar, a lively retail strip.
Golconda- Golconda, a reconstructed mediaeval fort that looks out over modern-day Hyderabad, is one of the city's must-see historical landmarks. The mud fort that stood on a hill 400 feet above the plains below has been abandoned since the time of successive empires.
Ramoji Film City - Ramoji Film City is a must-see attraction in Hyderabad for every film lover and several movies have been shot here.
Hussain Sagar Lake - Hussain Sagar Lake, located between Hyderabad and Secunderabad, is one of the largest artificial lakes in India. The lake is one of the nicest spots to spend time at evening in Hyderabad, with the temperature dropping and the air becoming comfortable.
Birla Mandir - The Birla Mandir, a beautiful temple perched atop the Kala Pahad is a popular tourist attraction on Hussain Sagar Lake. The Odisha and South Indian influences on the building's design are complemented by the intricate marble sculptures depicting epic episodes from the Ramayana and Mahabharata.
Other popular tourist spots to explore in Hyderabad include
Jaliyah Waterpark
Chowmahalla Palace
Lumbini Park
Qutub Shahi Tombs
Nehru Zoological Park
Towns and Cities Near Hyderabad
Nalgonda- Located 101 km away from Hyderabad in the Nalgonda district of the state of Telangana, Nalgonda is a municipal town. Two Telugu terms, Nalla and Konda, meaning "Black" and "Hill," respectively, were combined to create the name of the city. Consequently, the town's name translates to "Black Hill" in the language spoken there.
Warangal- Set about 144 km away, this city came into existence during the 12thโ14th centuries AD. Because of a massive mound that was clearly cut out of a single stone, Warangal was also known by the names Orguguallu and Omtikonda in ancient times.
Bidar- Bidar, a modern city is about 147 km away from Hyderabad. Bidar, famous for its Bidri handicraft items made of metals like silver and other alloys, has a rich history that may be studied on a day trip from Hyderabad.
Mahabubnagar- Mahabubnagar is named after a previous Nizam of Hyderabad and was once known as Palamoor. 98 km away from Hyderabad, this city is thought to be the origin of the world-famous Kohinoor diamond, and the surrounding area is rich in religious and historical attractions.
Secunderabad- As one of the Greater Hyderabad Municipal Corporation's (GHMC) six zones, the city of Secunderabad is an integral part of the metropolitan area that centres around Hyderabad in the Indian state of Telangana. Secunderabad was founded in 1806 as a British cantonment and named after Mir Akbar Ali Khan Sikander Jah, Asaf Jah III, Nizam of the Asaf Jahi dynasty.
Other popular nearby cities include
Siddipet
Devarkonda
Jangaon
Farrukhnagar
Sangareddi
Nearest Airports to Hyderabad
Rajiv Gandhi International Airport, Hyderabad
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Here you'll find one of the world's most well-known airports, right in the heart of Hyderabad. Located in Shamshabad, Rajiv Gandhi International Airport is about twenty kilometres to the south of Hyderabad city centre.
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A single-lane terminal with a passenger capacity of 12 million is one of its many characteristics. For the ease of passengers, it is equipped with 96 check-in desks and 46 immigration stations. The airport itself is a mini-city, with a variety of shops, restaurants, lounges, and even foreign currency exchange in Hyderabad Airport. The airport officials also oversee a high-end shuttle service with roughly 18 city-wide pickup points.
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Although currency exchange in Hyderabad Airport is possible, but know that the airport's currency exchange facility charges a hefty fee if you need to seek the currency exchange service. The exchange rate offered by the airport for bureau de change is expected to be 10%-15% higher than that offered by BookMyForex. Therefore, you cannot find the best currency exchange in Hyderabad Airport.
Best Way to Carry Foreign Currency
BookMyForex allows you to currency exchange in Hyderabad 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:
Currency Notes in Hyderabad
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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 Hyderabad
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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 Hyderabad
Whether you want to buy forex cards and currency notes or sell them, MakeMyTrip makes the entire process of currency exchange in Hyderabad 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 Hyderabad
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 Hyderabad , and youโd 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 Hyderabad.
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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 Hyderabad
With BookMyForex, the online forex marketplace by MakeMyTrip, you can enjoy currency exchange in Hyderabad. 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 Hyderabad
In addition to a smooth online process for currency exchange in Hyderabad , 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.
Other currencies to INR Conversion
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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 Hyderabad?
You can exchange foreign currency in Hyderabad through online platforms like MakeMyTrip Forex Solution, whether via app or website. You can also exchange foreign currency at various places in Hyderabad such as banks, post offices, travel agencies, and currency exchange bureaus. Some hotels also offer this service.
Can I exchange currency at Hyderabad airport?
Yes, you can exchange currency at Hyderabad 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 Hyderabad city.
Which is the best place to exchange currency in Hyderabad?
The best place to exchange currency in Hyderabad 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 Hyderabad?
The process for exchanging foreign currency in Hyderabad 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 Hyderabad?
The cheapest way to exchange currency in Hyderabad 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 Hyderabad rather than at the airport.