Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Terms and Conditions before deciding whether to acquire any product.
Important note
Only Indian residents can bring Indian rupees into the country, with restrictions.
Non-residents are however allowed to bring foreign currencies such as Australian dollars, US dollars, euros... and will need to declare large amounts.
Visit Reserve Bank of India FAQ for further information.
What is India's Currency?
Currency: | Indian rupee |
Currency code: | INR |
Central Bank: | Reserve Bank of India |
Currency symbol: | ₹ (rupee) |
Bank notes: | ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, |
Coins: | ₹1, ₹2, ₹5, ₹10, ₹100 |
The rupee – from ancient to modern
The origins of the rupee go all the way back to the 6th century BC, making it one of the oldest currencies in the world. In fact, India was one of the first countries to use coins as legal tender.
For thousands of years the rupee was based around silver coins – the name even comes from the Sanskrit word ‘rupya’, which means ‘wrought silver’. Due to this, it hit some trouble in the 1800s when the value of silver declined across the world. Unlike other affected countries, India stuck to silver instead of changing to gold; after some years using a variety of currencies in quick succession, the rupee was made the official currency again in 1947.
The Central Bank of India announced on 19 May 2023 that the ₹2,000 notes will be withdrawn from circulation by Sept 2023.
What to spend your rupees on
Bottle of water
14 INR
New Dehli metro one-day pass
150 INR
Taxi from Mumbai Airport to Central station
342 INR
Entrance to the Taj Mahal
750 INR
Train between New Delhi and Jaipur
500 INR
Buying Indian rupees online is easy
Order Indian Rupees online, lock in the rate and collect at your local store, at the airport before you fly or have it delivered at home