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Get Best Rates for Currency Exchange in Mumbai

We compare and get you the best currency exchange rates in Mumbai instantly! Book online and get currency & forex card door-delivered by top RBI authorised money changers near you. .

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We recommend USD forex card for United States of America, CAD in Cash for Canada, and GBK Cash for Germany

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the best rates.

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Forex Rates in Mumbai Today

Get live currency exchange rates in Mumbai for over 30+ currencies, including:

USD - United States Dollar

Buy Currency ₹85.92
Sell Currency ₹84.83
Forex Card ₹85.685

EUR - Euro

Buy Currency ₹98.16
Sell Currency ₹96.45
Forex Card ₹97.465

GBP - British Pound

Buy Currency ₹115.44
Sell Currency ₹113.53
Forex Card ₹114.705

AUD - Australian Dollar

Buy Currency ₹55.65
Sell Currency ₹54.26
Forex Card ₹54.9475

CAD - Canadian Dollar

Buy Currency ₹62.68
Sell Currency ₹61.25
Forex Card ₹61.98

SGD - Singapore Dollar

Buy Currency ₹66.33
Sell Currency ₹64.8
Forex Card ₹65.6225

AED - UAE Dirham

Buy Currency ₹23.55
Sell Currency ₹23.05
Forex Card ₹23.395

THB - Thai Baht

Buy Currency ₹2.63
Sell Currency ₹2.537
Forex Card ₹2.614
See All Currency Rates in Mumbai

Currency Recommendation for Popular Destinations

Destinations Recommended Currency
UAE UAE Dirham: Forex Card (70%) + Cash (30%)
Vietnam US Dollar: Cash (70%) + Forex Card (30%)
Europe
(Except UK & Switzerland)		 Euro: Forex Card (80%) + Cash (20%)
UK British Pound: Forex Card (80%) & Cash (20%)
Switzerland Swiss Franc: Forex Card (100%)
Azerbaijan US Dollar: Cash (50%) + Forex Card (50%)
Thailand Thai Baht: Forex Card (70%) + Cash (30%)
Indonesia, Bali US Dollar: Cash (50%) + Forex Card (50%)
Kazakhstan US Dollar Cash: (50%) + Forex Card (50%)
Singapore Singapore Dollar: Forex Card (80%) + Cash (20%)
Malaysia Malaysian Ringgit: Cash (30%) + USD Forex Card (70%)
Other Countries USD Cash + USD Forex Card

How to Buy Forex in Mumbai?

1
Book & Verify

Book the best forex rates from money changers in Mumbai & get your KYC verified.

Book & Verify
2
Transfer Funds

Securely transfer funds to the RBI approved money changer via NEFT/UPI.

Transfer Funds
3
Get Forex!

Get your currency or forex card at your doorstep, or collect it from the store within 48 hours!

Get Forex

Explore our services

Complete suite of services for Indian travelers, expats, and students—covering currency exchange, money transfers, visa assistance and student account opening.

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Why People Prefer and Trust Extravelmoney

34%

orders from
customer referrals

200cr+

saved for our customers

100%

On Time
Transaction

9+

years of
experience

Experiences from our customers

Real experiences from people who've trusted us with their currency and transfer needs.
A

Anurag

Mumbai

Excellent service, got the rates and money changed within 24 hrs. ExTravelMoney provided the best rates available in Mumbai for the currency change as I had spoken to multiple other avenues for quotation. There were no hidden/additional charges.

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S

Sinan Chougle

Mumbai

Excellent service. I got the forex within hours. The customer support team is also very cooperative.

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V

Vishal Urdu

Mumbai

One of the best services that I have got till date, the complete transaction took only a few hours, the support staff has a very positive attitude! Keep growing guys!

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Why Buy Forex via Extravelmoney

RBI Authorised
Stores

Every store listed in Extravelmoney is RBI approved. You don't have have to worry about the genuinity of the currencies or about the transaction at all.

Fast Delivery

Guaranteed delivery within 2 working days! You can also opt for store pickup directly from the nearest store.

Lowest
Exchange Rates

Being a Forex marketplace, every exchange house here tries to outbid others. Result, you get the best exchange rate in the market!

Lock Rate, Pay Later!

You can lock the rate and block your currency for up to 3 days by paying a small fully refundable deposit.

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Excerpts From the Press.

...Travelers can compare the rates of various dealers in their city and get forex delivered...

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...Extravelmoney ensures a smooth experience for customers while transferring money abroad..

The Economic Times logo

...For students, these cost-saving measures can result in annual savings of ₹30,000 to ₹50,000 ...

The Hindu Business Line

Top Currencies Exchanged in Mumbai

US Dollar
Australian Dollar
Canadian Dollar
Saudi Riyal
British Pound
Thai Bhatt
EURO
UAE Dirham
Singapore Dollar

Best Money Exchange in Mumbai - Always Extravelmoney

Looking for the best currency exchange in Mumbai? Say goodbye to calling multiple vendors and visiting forex counters to compare rates.

With ExTravelMoney, India's leading online forex aggregator, you can book foreign currency and forex card online anywhere in Mumbai in just a few clicks. We compare and negotiate on your behalf and automatically display the best forex rate among RBI-authorised money changers and banks near you.

Why Choose Extravelmoney for Currency Exchange?

1. Multi-Lingual Support

Get assistance in English and Hindi every step of the way to ensure a comfortable experience.

2. Information Security

Data security measures protect your personal, financial, and travel information. Only details required by AML and KYC regulations are collected.

3. Genuine Currency

We offer 100% genuine currencies, sourced from RBI-authorised dealers in Bandra, Kalyan, Thane and other major cities in Mumbai.

4. Flexible Payment Methods

Pay with cash, UPI, or bank transfer. We accept multiple payment methods for your convenience (depending on amount).

5. Zero Hidden Charges

We provide transparent pricing with no service fee beyond the standard markup, ensuring the price you see is the price you pay.

Tips for Buying & Selling Foreign Currency in Mumbai

  1. Who Can Buy
    Only resident Indians can buy foreign currency, and it must be for foreign travel.
  2. Cash & Forex Card Limits
    You can purchase up to USD 250,000 annually under the LRS. Carry up to USD 3,000 in cash per trip. The rest can go onto a forex card.
  3. Payment Limits
    Cash payments for forex are allowed only up to INR 49,999. Anything higher must be paid via bank transfer from your savings account.
  4. Taxes & Fees
    Forex transactions can be subject to GST and TCS. Use our GST & TCS Calculator to calculate your exact payment.
  5. Verify Notes Before You Leave
    Always verify the amount and condition of your currency before leaving the counter or receiving delivery.
  6. Plan 2 Weeks Ahead
    It’s best to purchase foreign currency at least 2 weeks before your trip to avoid availability issues.
  7. Sell Unspent Currency
    Any unspent foreign currency and remaining balance on your forex card can be converted back to Indian Rupees after your trip at the prevailing rates.
Forex in Mumbai Depiction

Documents required for Currency Exchange in India

1
Valid Indian Passport
2
Valid Visa (not required for visa on arrival)
3
Confirmed Two Way Air Ticket showing travel within 60 days. (Only onward ticket needed for Education, Emigration or Work permit)
4
PAN Card
5
Aadhar Card

*Aadhar and PAN must be linked

Allowed Purposes for Buying Forex in India

  • International Leisure or Business Travel
    Buy forex for personal travel to 100+ foreign destinations with Extravelmoney. The required purpose proof is a flight ticket.
  • Overseas Education
    If you are moving abroad for education, you can buy foreign currency for your travel and living expenses. An admission or offer letter serves as proof.
  • Immigration
    Forex can also be purchased for immigration purposes when moving abroad. The necessary document is the immigration letter.
  • Employment Abroad
    For employment opportunities in another country, forex can be purchased with an employment or offer letter as the required proof.
  • Medical Treatment Abroad
    You can purchase foreign currency for medical treatment in foreign countries. A medical certificate or letter from the Indian or overseas hospital is required for verification.

Tips for Getting the Best Forex Rates in Mumbai

  1. Compare Rates Across Multiple Platforms
    Don’t settle for the first rate you see. Use online aggregators like ExTravelMoney that compare live forex rates from multiple RBI-authorised dealers.
  2. Avoid Currency Exchange at Airports
    Airport forex counters often charge higher exchange rates due to convenience fees. Plan ahead and book online to get better rates.
  3. Book in Advance
    Rates fluctuate, so it’s wise to book your forex at least 2 weeks before your trip to lock in a good rate.
  4. Carry a Mix of Cash and Forex Card
    To ensure both security and convenience, carry a mix of 30% cash and 70% on a forex card. Forex cards provide better security and can be used like a regular debit card abroad.
  5. Check for Hidden Fees
    Make sure to check for any additional fees or markup costs that may be included in the rate. Opt for a platform with zero service fees and transparent pricing.
  6. Consult With Forex Experts
    Contact reputable forex experts and RBI-authorised dealers. ExTravelMoney has a well-regarded customer assistance team with years of experience in the forex market.

Service Areas in Mumbai

Andheri East
Andheri West
Bandra
Kalyan
Malad West
Mira Road
Navi Mumbai
Kharghar
Panvel
Vile Parle
Girgaon
Belapur
Airoli
BKC
Dadar
Inorbit Mall
Fort
Borivali
Chembur
Dombivli
Powai
Thane
Vashi
Ghatkopar
Kandivali
Mumbai Airport
Nerul
Vasai
Bandra East
Lokhandwala
Goregaon
Kurla
Chira Bazaar
Mulund

Other Cities We Serve

Aurangabad
View Locations
Nagpur
View Locations
Pune
View Locations
Kolhapur
View Locations
Our Trusted Partner Money Changers in Mumbai
BFC Forex

Address

Chintamani Plaza, Andheri East, Mumbai
400099

Thomas Cook

Address

Hiranandani Gardens, Powai, Mumbai
400076

EbixCash

Address

G-Block, BKC, Bandra (East), Mumbai
400051

Thomas Cook

Address

Sion Trombay Road, Chembur, Mumbai
400071

Alankit Forex

Address

Ideal Industrial Estate, Lower Parel, Mumbai
400013

RemitX Capital India

Address

Kanakia Wall Street, Andheri Kurla Road, Chakala, Mumbai
400093

RNFI Money

Address

Silver Astra, J B Nagar, Andheri East, Mumbai
400059

Pama Forex

Address

Nehru Road, Vile Parle East, Mumbai
400057

EbixCash

Address

Azad Maidan, Fort, CST, Mumbai
400001

From Extravelmoney Youtube Channel

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Expert Answers to Mumbaikars’ Top Questions

How do I compare currency exchange rates in Mumbai?

With ExTravelMoney, we do the comparison and negotiation for you! We compare rates from banks and RBI-authorised money changers near you and display the best exchange rate in real-time, so you don’t have to browse around.

Can I sell foreign currency in Mumbai?

Yes! ExTravelMoney also provides the facility to sell foreign currency at competitive rates when you return from travel.

What is the currency exchange limit in Mumbai?

As per the LRS limits of the RBI, resident Indians can carry out forex transactions of USD 250,000 equivalent in a financial year. However, the maximum amount of foreign currency cash you can purchase per travel is USD 3000 or its equivalent. The rest currency can be loaded in a forex card.

What are Forex Cards and how do they work?

Forex cards are prepaid travel cards loaded with foreign currency. They can be used just like debit cards and are a safer alternative to carrying large amounts of cash. For more information, read our article.

How does ExTravelMoney operate in Mumbai?

ExTravelMoney is an online forex aggregator through which you can book forex anywhere in Mumbai. We compare the market exchange rates among our partnered banks and AD II and FFMC money changers in Mumbai to find the best deal for you. Once the rate and order are confirmed, we share the location, contact and bank details of the chosen money changer with you. You can either opt for a store visit or home delivery of the forex products.

Does ExTravelMoney have physical stores in Mumbai?

No, ExTravelMoney operates entirely online from our headquarters in Cochin, Ernakulam. However, we partner with a network of trusted banks, RBI-authorised AD II category and FFMC money changers with locations all across India, including Mumbai. You can access our booking services online and have your forex collected or delivered by our forex partners near you.

What are the charges for buying or selling foreign currency in Mumbai?

Popular money changers and banks in Mumbai charge a forex markup of 1% - 5% and a service charge of Rs. 100-150 when buying or selling foreign currency. However, ExTravelmoney partnered forex stores charge zero service fees and only add a 0.5 - 0.7% forex markup.

What is the cheapest way to exchange currency in Mumbai?

The cheapest way to exchange currency is by using online forex aggregators like ExTravelMoney. These platforms allow you to compare live rates from multiple RBI-authorised dealers and banks, ensuring you get the cheapest exchange rates available in Mumbai.

Which areas in Mumbai can I get currency exchange services from ExTravelMoney?

ExTravelMoney offers currency exchange services in multiple locations of Mumbai, including Bandra, Marine Drive, South Mumbai, near Mumbai Airport, and many more, ensuring you get the best rates across the city.