The currency in India is the Indian Rupee and is roughly exchanged at $1 = Rs. 45. The notes are available in denominations of 1,000, 500, 100, 50, 20, 10, 5, 2 and 1. The Rupee is further divided into 100 Paise. Coins are available in denominations of 5, 2 and 1 Rupee as well as 50 and 25 Paise.
Money can be exchanged at international airports and approved money-changers. Nationalized and international banks can also change your foreign currency. However, in smaller towns it may be difficult to change money. Banks are normally closed on Sundays and other Government holidays, but you can always use the ATMs if you have a valid ATM card. Recognized hotels will also be able to change your money, but at a substantial fee. All international credit cards are widely accepted in India.
It is highly recommended to carry plenty of small change with you during your India trip…denominations of 5 and 10 rupees for small payments, tips, alms etc would be ideal and convenient.
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