Where to exchange money in Madurai
Are you heading to Madurai? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Madurai that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Madurai
Are you heading to Madurai? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Madurai that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Madurai
If you have a need to use cash, here are some recommendations to exchange foreign currency in Madurai.
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 |
|---|---|---|
| Alhind money exchange | 11A, W Perumal Maistry St, Opposite Hotel Park Plaza, Madurai Main, Madurai, Tamil Nadu 625001, India | +91 94960 07724 |
| Unimoni Financial Services Ltd, Madurai | Ground Floor, No. 44/12, Sambandha Moorthy St, Madurai Main, Madurai, Tamil Nadu 625001, India | +91 75940 02521 |
| Sri Vari Money Exchange Pvt Ltd. | 2nd Floor, Adhinam Complex, 72/9, Dhanappa Mudali Street, Madurai Main, Madurai, Tamil Nadu 625001, India | +91 95009 67113 |
| Golden Money Changers Private Limited | No. 39, 1st Floor, Sambandha Moorthy St, Kottur, Madurai Main, Madurai, Tamil Nadu 625001, India | +91 96597 79567 |
| Thomas Cook | Shop No 2, Ground Floor, GV Towers, Melakkal Rd, near New Passport Office, Kochadai, Madurai, Tamil Nadu 625016, India | +91 88796 43506 |
| PARADISE MONEY CHANGER PVT LTD | Sethupathi Bus Stop, N Veli St, Madurai Main, Madurai, Tamil Nadu 625001, India | +91 94879 42004 |
| EBIXCASH World Money Limited | P.S.M TOWER, Kamarajar Salai, Madurai Main, Madurai, Tamil Nadu 625009, India | +91 452 233 1010 |
| Pheroze Framroze & Company Private Limited | First Floor, Sarala Prasad Complex, 47 & 48, W Tower St, opp. Meenakshi Amman Kovil, West Gate, Madurai, Tamil Nadu 625001, India | +91 94430 43156 |
| Thomas Cook Money Exchange Counter Arrival | R3QQ+FH7, Madurai, Tamil Nadu 625022, India | +91 452 269 0145 |
| Micro Second Money Transfer - Madurai | 1, UC SCHOOL COMPLEX, RAILWAY STATION ROAD West Veli Street, Hotel Temple City, Periyar Bus Stand Rd, opp. to Pandi Bazar, Madurai Main, Madurai, Tamil Nadu 625001, India | +91 90951 95194 |
| Thomas Cook | No 37, 4th, East St, opposite City Centre, New LIG Colony, Anna Nagar, Madurai, Sathamangalam, Tamil Nadu 625020, India | +91 88796 43587 |
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
First off, in case you’re wondering something along the lines of “does India use Indian rupee?”, the answer is yes. The currency in Madurai — and the rest of India— is Indian rupee
You can also find it written as INR in currency exchange shops.
What you should know about exchanging money in Madurai
Before exchanging money in Madurai 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
From the list above you should have plenty of options for finding a physical currency exchange in Madurai. 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.
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