Where to exchange money in Coimbatore
Before you set out exploring in Coimbatore, 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 Coimbatore that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
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Currency exchanges in Coimbatore
If you have a need to use cash, here are some recommendations to exchange foreign currency in Coimbatore.
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 |
|---|---|---|
| Orient Exchange & Financial Sevices Pvt Ltd | Thiagaraja Towers, No.1061 1st Floor -A, Mettupalayam Rd, Vadakovai, R.S. Puram, Coimbatore, Tamil Nadu 641002, India | +91 80 3737 8000 |
| Unimoni Financial Services Ltd, Coimbatore | 2,3, Ground Flr, Shop, Subbu Plaza, No.1, State Bank Rd, nr. Bank of Baroda, Opp. Railway Police Station, Gopalapuram, Coimbatore, Tamil Nadu 641018, India | +91 75940 02163 |
| Thomas Cook - Foreign Currency Exchange | 101, 1st Floor, Block No 21, BVA Kala Mansion, Diwan Bahadur Rd, opposite Global Stationary, R.S. Puram, Coimbatore, Tamil Nadu 641002, India | +91 96195 91106 |
| Unique Money Changers (Currency Exchange) | Hari Jeeva Complex, Raja Annamalai Rd, Nesavaalar Colony, Saibaba Colony, Coimbatore, Tamil Nadu 641011, India | +91 96778 00653 |
| Unimoni Financial Services Ltd - Sathy Road, Coimbatore | 1st Floor, Vsrs Complex, No. 314-C5, Sathy Rd, Saravanampatti, Siranandha Puram, Coimbatore, Tamil Nadu 641035, India | +91 75940 00165 |
| SRI VARI MONEY EXCHANGE PVT LTD - Coimbatore | Flyover, no.579, 585, Cross Cut Rd, near North, Ranganathapuram, Gandhipuram, Coimbatore, Tamil Nadu 641012, India | +91 98430 17110 |
| Grahams Foreign Exchange and Finance Pvt Ltd | 25-7, Kannusamy Rd, R.S. Puram, Coimbatore, Tamil Nadu 641002, India | +91 422 254 3364 |
| Ebixcash World Money Limited Coimbatore | Raheja Center, Avinashi Rd, near The Residency Hotel, Coimbatore, Tamil Nadu 641018, India | |
| WSFx Global Pay | 1st floor, Esteem Complex, 702, Avinashi Rd, Race Course, Puliakulam, Coimbatore, Tamil Nadu 641018, India | +91 89769 84619 |
Indian rupee rate today
When you're in Coimbatore, 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 Coimbatore
When exchanging money in Coimbatore 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. 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.
2. Know 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. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. 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.
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Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Coimbatore. If you'd like more options, try searching on a search engine like Google.
Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.
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.