Where to exchange money in Daman
If you’re planning a trip to Daman, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Daman. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Daman
If you’re planning a trip to Daman, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Daman. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Daman
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Daman below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| Ria Money Transfer Agent | SHOP 11 HOTEL MAHARAJANANI, DIVYA FINANCE, Nani Daman, Daman, Marwad, Dadra and Nagar Haveli and Daman and Diu 396210, India | +91 93277 32779 |
| Muthoot Finance Gold Loan | 2204/10, Anuradha Complex, No. 2204 /9, Mashal Chowk, Nani Daman, Marwad, Dadra and Nagar Haveli and Daman and Diu 396210, India | +91 1800 120 2838 |
| Sai CD & Communication | Airport Rd Char Rasta, Nani, Bhimpore, Daman, Marwad, Dadra and Nagar Haveli and Daman and Diu 396210, India | |
| Ria Money Transfer Agent | 1 17, BIBLOS MARKET SKY INTERNATIONAL TOURS AND TRAVELS, bandodkar stadium, Dilip Nagar, Daman, Marwad, Dadra and Nagar Haveli and Daman and Diu 396210, India | +91 91379 49008 |
| Venus Money Exchange Pvt. Ltd. | Shop No. 29, 1st Floor, Girnar Khushboo Plaza, near Vishal Mega Mart, Phase 2, GIDC, Vapi, Gujarat 396195, India | +91 93748 60321 |
| ICICI Bank Daman-Branch & ATM | Nani daman Opposite police colony, near Sagar petrol pump, Near Ashwini Hospital, Katheria, Marwad, Dadra and Nagar Haveli and Daman and Diu 396210, India | +91 1800 1080 |
| Sabri Communication | Shop No 16, Zapabar Main Rd, B/H, DCB Bank, Nani Daman, Daman, Marwad, Dadra and Nagar Haveli and Daman and Diu 396210, India | |
| Mahavir Money Transfer & Mahavir Telecom | CV2H+3F2, Ringanwada, Vapi, Dadra and Nagar Haveli and Daman and Diu 396215, India |
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
The currency used in Daman, as well as the rest of India is Indian rupee.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Indian rupee is INR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Daman
Before exchanging money in Daman or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in India for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in India banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Indian rupees for a fairer rate and avoid undisclosed exchange rates and additional fees.
Say goodbye to overcomplicated currency exchange
Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Daman. 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.