Money Matters
India’s currency is Indian Rupee. One Rupee is equal to hundred paise.
Rupee symbol:
Currency code: INR
Currency Note denominations: 1, 2, 5, 10, 20, 50, 100, 200, and 500 rupees.
It is advisable to carry a mixture of cash and credit cards to guard against any situation. US Dollars, Euros are easy to exchange. Other hard currencies such as Pound Sterling, Japanese Yen, Swiss Franks, Canadian Dollars, Australian Dollars, Singapore Dollars, etc. can also be changed in tourist areas and big cities.
A currency declaration form has to be filled out by the tourists if they enter the country with US$10,000 in cash or travellers cheques or its equivalent in any other currency.
An increasing number of hotels, restaurants and shops are beginning to accept credit cards, the well known and more accepted ones being Mastercards and Visa.