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On foreign exchange rates when you order with Travel Money Nz.
Pick up locally
With over 20 convenient store locations across New Zealand, you can securely pick up your Indian rupee with no hassles.
Coins and notes
The rupee can be subdivided into 100 paise (think of paise as the Indian version of cents). If you’re planning a trip to India, don’t stress about the recent demonetisation drama with India’s ₹500 and ₹1,000 banknotes – there are still plenty of valid Indian banknotes in circulation. These include ₹1, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500 (the new version), and ₹2,000 banknotes. Indian coins come in 50c, ₹1, ₹2, ₹5 and ₹10 pieces.
Facts about the currency
- It’s important to note that visitors to India can only bring up to ₹25,000 into the country. Unless you’re an Indian citizen or permanent resident, you’ll need to exchange the rest of your money into rupees on arrival.
- Each INR banknote has its amount written on it in 17 languages.
- INR is named after the silver coin, the rupiya, first issued by Sultan Sher Shah Suri in the 16th Century.
- As of 2011, only 50 paise coins are legal tender in India (there used to be a 25 paise coin in circulation).
- In 2014, Zimbabwe added the Indian rupee as legal tender due to strong trade ties between the two countries.
- Want to see how far your INR will go? Check out our India Travel Money Guide for expert tips and destination costs.
Important note: Due to the Reserve Bank of India's demonetisation of the ₹500 and ₹1,000 banknotes in November 2016, Travel Money NZ is no longer able to accept these banknotes. We have however recommenced trading with all valid ₹50, ₹100 and ₹2,000 banknotes, and the newly issued ₹500 banknote in store. Online purchases can be made in valid ₹2,000 banknotes only. Please contact us if you are unsure of the validity of your INR banknotes.