Today’s Foreign Exchange Rates in Mumbai
Stay ahead of market movements with live conversion rates for major currencies including USD, EUR, GBP, and AED against INR. Whether you are planning international travel, sending money abroad, or managing forex investments, stay updated with live buy/sell rates, daily market fluctuations, and 24-hour price trends to lock in the best currency value.
| Currency Pair | Buying Rate INR |
| USD / INR | ₹95.68 |
| EUR / INR | ₹109.65 |
| GBP / INR | ₹127.81 |
| THB / INR | ₹2.88 |
| SGD / INR | ₹75.02 |
| AED / INR | ₹26.05 |
| CNY / INR | ₹14.28 |
| JPY / INR | ₹0.61 |
| AFN / INR | ₹1.48 |
| ALL / INR | ₹1.20 |
| AMD / INR | ₹0.26 |
| ANG / INR | ₹53.48 |
| AOA / INR | ₹0.10 |
| ARS / INR | ₹0.06 |
| AUD / INR | ₹68.06 |
| AZN / INR | ₹56.28 |
| BAM / INR | ₹56.07 |
| BBD / INR | ₹47.65 |
| BDT / INR | ₹0.78 |
| BGN / INR | ₹57.44 |
Important Note: Live rates shown are indicative. Bank processing fees, GST, and standard RBI compliance rules apply at actual checkout.
Where to Exchange Money: Top-Rated Currency Exchange Locations in Mumbai
There is no shortage of reputable authorised money changers in the ‘Financial Capital of India’, here are some of the best places to exchange currency in Mumbai:
Orient Exchange (Fort)
34/38, Hamam St, Near BSE, Fort
022-22660044
Unimoni (Bandra West)
Shop 3, Hill Road, Opposite Holy Family
022-26400044
Thomas Cook (Andheri)
Business Park, Marol, Andheri East
022-66004400
BookMyForex (Mumbai Hub)
Digital Service (City-wide Delivery)
9212219191
Muthoot Forex (Borivali)
Near Railway Station, Borivali West
022-28334455
You may like to read: Smart Tips for Hassle-Free Currency Exchange for Your European Tour
Document Required for Forex in Mumbai
Foreign exchange in India isn’t just about the cash; it’s about knowing the law and crucial details. Under the Liberalised Remittance Scheme (LRS), these documents are non-negotiable:
- PAN Card
- Valid Indian passport
- Visa for the country
- Air ticket to verify travel within 60 days
- Form A2 to declare the purpose of converting money
Tips to Get the Best Exchange Rate in Mumbai
While the Chhatrapati Shivaji Maharaj International Airport is world-class, its exchange counters charge a convenience fee that can be 8-12% higher than regular rates.
If you want to exchange large sums, head to South Mumbai (Fort). Because it’s the financial heart of the country, competition among dealers is fierce and can give you better margins.
For those in Goregaon or Malad, opt for digital platforms to avoid the long commute to South Mumbai while still getting competitive rates.
Getting a GST-compliant invoice is your only protection against counterfeit notes and your only way to sell back leftover currency when you return.
You may like to read: Countries Where the Indian Rupee has a Higher Value
Best Exchange Rate in Mumbai: FAQs
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Q: Where is the best place to exchange currency in Mumbai?
Ans: Fort in South Mumbai is historically the best hub for high-volume cash exchange. Bandra West and Andheri East have some top-rated authorised dealers. -
Q: How do I verify if a dealer in Mumbai is legitimate?
Ans: Always check for an RBI License Category II displayed at the branch. Moreover, legitimate dealers will never skip the PAN card requirement and will always provide a printed GFT-stamped invoice. -
Q: Is it legal to buy forex from informal dealers in Colaba?
Ans: Absolutely not, buying currency from unauthorised sources is a violation of FEMA guidelines. You are also at risk of getting counterfeit ‘Super Notes’. -
Q: How much foreign cash can I carry out of Mumbai?
Ans: You can carry up to USD 3,000 in physical notes. -
Q: Why is my bank’s rate different from what I see on the news?
Ans: Google and News channels usually show the interbank rate. Banks add a retail margin and overhead costs to that number before offering it to you.



