Where to exchange money in Visakhapatnam
If you’re planning a trip to Visakhapatnam, 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 Visakhapatnam. 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 Visakhapatnam
If you’re planning a trip to Visakhapatnam, 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 Visakhapatnam. 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 Visakhapatnam
If you have a need to use cash, here are some recommendations to exchange foreign currency in Visakhapatnam.
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 |
|---|---|---|
| Unimoni Financial Services Ltd, Visakhapatnam | Ratna Sree Complex, No.47-13-6/1, nr. Diamond Park Junction, Sagar Nagar, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016, India | +91 75940 03184 |
| Unimoni Financial Services Ltd, Gajuwaka | No.,7-15-15, 1st Flr, Sesha Arcade, nr. FedBank, Chittinaidu Colony, Old Gajuwaka, Chaitanya Nagar, Gajuwaka, Visakhapatnam, Andhra Pradesh 530026, India | +91 75940 02205 |
| Foreign Exchange|Western Union Money Transfer|MoneyGram | Currency Exchange | BESIDE PITS STOP CAR XECERRIES, SHOP NO 104, Krishna Complex, Sankara Matam Rd, Lalitha Nagar, Akkayyapalem, Visakhapatnam, Andhra Pradesh 530016, India | +91 99552 20010 |
| money exchange and abroad money transfer | 39-7-30/4 sector - 7, Muralinagar, Madhavadhara, Visakhapatnam, Andhra Pradesh 530007, India | +91 94403 32494 |
| Currency Exchange & Western Union Money Transfer in Visakhapatnam | 1st Floor, Satya Sai Bhavan, D.no 47-11-4/1, Dwaraka Nagar 1st Ln, Dondaparthy, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016, India | +91 95507 70557 |
| Thomas Cook | Door No 47, Gr Flr, Eswar Plaza, 14/7, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016, India | +91 82914 57655 |
| Transcorp International Limited | GANTA ARCADE 47, 9-14, 3rd Ln, Tpc Area Office, Opp. Gayatri Xerox, Lakshmi Srinivasam, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016, India | |
| foreign exchange | Krishna Complex, 104/1, Sankara Matam Rd, near Ramalingeswara Swamy Temple, Lalitha Nagar, Akkayyapalem, Visakhapatnam, Andhra Pradesh 530016, India | |
| Remitx | FF 6, NAVARATNA JEWEL SQUARE, opp. TSR Complex, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016, India | +91 96664 68211 |
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 accepted currency in Visakhapatnam and across India is the Indian rupee.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Indian rupee is INR. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Visakhapatnam
When exchanging money in Visakhapatnam 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.
Consider an alternative to physical currency exchanges
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 Visakhapatnam. 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.