Q: What are the best practices for currency exchange when traveling from Mumbai to New York?
- Exchange a small amount of money at the airport for immediate expenses (like transportation).
- Use local banks or authorized currency exchange services in New York for better rates.
- Consider using international debit or credit cards that offer favorable exchange rates.
- Be cautious of exchange kiosks in tourist areas, as they often charge higher fees.
Additionally, keep an eye on the current exchange rate to ensure you are getting a fair deal. As of now, the exchange rate is approximately 1 INR = 0.012 USD, but this can fluctuate.