Where to exchange money in Bhopal
Before you set out exploring in Bhopal, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Bhopal that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Bhopal
Before you set out exploring in Bhopal, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Bhopal that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Bhopal
If you have a need to use cash, here are some recommendations to exchange foreign currency in Bhopal.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| EBIXCASH World Money Limited | V N V Plaza, Bank Street, Plot No 6, Service Rd, Anna Nagar, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462023, India | +91 97707 67777 |
| Best rate currency exchange in Bhopal | 191 E2, E8 Extension, Rohit Nagar, Bawadiya Kalan, Gulmohar Colony, Bhopal, Madhya Pradesh 462039, India | +91 95842 93620 |
| RemitX - A division of Capital India Finance Ltd | Plot No 110 Shop No G-2 M P Nagar Zone II Maharana pratap Nagar Near City Hospital Bhopal 462016, Opposite City Hospital, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462011, India | +91 93035 26630 |
| Thomas Cook | Ground Floor, Alankar Building Plot No 10, Zone No 2, next to Icici Bank, Anna Nagar, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462011, India | +91 82914 73714 |
| Rahi India Pvt Ltd | GM, Shop no.13,upper ground floor, Mansarovar Complex, Near Habibganj Railway Station, No 6 Locality, Shivaji Nagar, Bhopal, Madhya Pradesh 462016, India | |
| Vasundhara Travel Division | 269-270, Near Sargam Cinema, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462011, India | +91 755 255 9844 |
| Thomas Cook | LG-18, Dainik Bhaskar Mall, Arera Hills, Bhopal, Madhya Pradesh 462011, India | +91 91673 96033 |
| Paul Merchants | 6, VNB PLAZA, near FEDRAL BANK, Anna Nagar, ZONE 2, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462011, India | +91 1800 137 1444 |
| Muthoot Finance Gold Loan | Mezzanine Floor, Block A, Mansarovar Complex, MF-8, Habibganj Rd, Near Habibganj Station, No 6 Locality, Shivaji Nagar, Bhopal, Madhya Pradesh 462011, India | +91 1800 120 2838 |
| Flying Venus Travels Pvt Ltd | Sector - 1 13/1, Bharati Niketan, Shanti Niketan, Bhopal, Madhya Pradesh 462083, India | +91 91091 91773 |
| WESTERN UNION MONEY TRANSFER FOREIGN EXCHANGE (ASHCOMM ) | Imrat Kunj, 39 B, Neem Rd, near Pramod Traders and Dr saulat clinic, Nakkar Khana, Peer Gate, Bhopal, Madhya Pradesh 462001, India | +91 98933 85897 |
| Muthoot Finance Gold Loan | Ground Floor, No. B-4, 80 Feet Rd, opp. Police Station, Ashoka Garden, Bhopal, Madhya Pradesh 462023, India | +91 1800 120 2838 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Indian rupee rate today
When you're in Bhopal, and also the rest of India, the official currency is the Indian rupee.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Indian rupee is INR, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Bhopal
When exchanging money in Bhopal or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in India long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in India banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Indian rupees for a fairer rate and fees. The same applies if you get the option on card machines.
Currency exchange bureau who?
Forget all about walking around the city in search for fair exchange rates for a low fee.
With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.
And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Bhopal. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.