Where to exchange money in Hyderabad
If you’re planning a trip to Hyderabad, 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 Hyderabad. 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 Hyderabad
If you’re planning a trip to Hyderabad, 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 Hyderabad. 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 Hyderabad
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 Hyderabad 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 |
|---|---|---|
| Western Union | Pillar No.1534, Metro Station Dilsukhnagar, Station Lane, Konark Type Inst Rd, beside Sri Kanaka Durga Maatha Temple, beside hyd2 bus depot, AP State Housing Board, Durga Nagar, Krishna Nagar, Dilsukhnagar, Hyderabad, Telangana 500060, India | +91 98487 76464 |
| Orient Exchange & Financial Services (P) Ltd. | A/2, 3-6-307/A/3 & 3-6-307, Hyderguda Main Rd, Old MLA Quarters, Avanti Nagar, Basheer Bagh, Hyderabad, Telangana 500029, India | +91 80 3737 8000 |
| CNMONEY Financial Services Pvt Ltd | Plot No : 8 , Kadali Estate ,Vanas thali Hills , Opp. Max Showroom, beside Prestige Xclusive, Vanasthalipuram, Hyderabad, Telangana 500070, India | +91 99857 47344 |
| Unimoni Financial Services Ltd, Vanasthalipuram, Hyderabad | No.5, 5-181/1, opp. Federal Bank, Golden Tobaco Colony, Chintalkunta, Hyderabad, Telangana 500070, India | +91 75940 02267 |
| Unimoni Financial Services Ltd, Dilsukhnagar, Hyderabad | No. 3-9, 1st floor, Sreeman Rama Tower, Millenium Residency, Chaitanyapuri, Dilsukhnagar, Hyderabad, Telangana 500060, India | +91 75940 02250 |
| Unimoni Financial Services Ltd , LIBERTY | Grandpa's Royal Mansions, MCH No : 3-6-2/1, Liberty Rd, Chandra Nagar, Himayatnagar, Hyderabad, Telangana 500029, India | +91 75940 02262 |
| Foreign Exchange | #3-3-221/1 1st floor opp hyundai showroom l. b. nagar, near L.B Nagar, Suvidha Arcade, RTC Colony, L. B. Nagar, Hyderabad, Telangana 500074, India | +91 87909 53536 |
| Unimoni Financial Services Ltd, Tolichowki, Hyderabad | 8-1-364/A/1/4, 1st Floor, Sartaj Heights Building, above Canara Bank, Daulat Gulshan Colony, Deluxe Colony, Aravind Nagar Colony, Toli Chowki, Hyderabad, Telangana 500008, India | +91 75940 02264 |
| AL-AZIZ MONEY TRANSFER AND FOREIGN EXCHANGE | Shop no. 18-12-418/A/130 Hafez Baba nagar Opp. Habeeb Mansion Hall, Hafiz Baba Nagar North, Hafiz Baba Nagar, Hyderabad, Telangana 500005, India | +91 80997 08861 |
| Unimoni Financial Services Ltd, Charminar, Hyderabad | 1st Flr, Nawaz Towers, No.23-2-665/3, Charminar Rd, opp. IDBI Bank, Moghalpura, Hyderabad, Telangana 500002, India | +91 75940 02249 |
| Western Union Money Transfer | #LIG 6/9, 2nd Floor, PHASE, 3, Kukatpally Housing Board Colony, Kukatpally, Hyderabad, Telangana 500072, India | +91 96183 35550 |
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 Hyderabad, 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 Hyderabad
When exchanging money in Hyderabad 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.
Money exchange at the tip of your fingers
Out with carrying only cash when you're abroad. The world has gone digital and so can you.
With a Wise account you can exchange currency at any time, almost everywhere in the world.
Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Hyderabad. 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.