Money Excgange / Foreign Exchange

Money exchange, also known as currency exchange or forex (foreign exchange), is the process of converting one currency into another. It involves buying one currency with another at an agreed exchange rate. Money exchange is typically done for various reasons, such as traveling to a foreign country, conducting international business transactions, or investing in overseas markets. The exchange rate determines the value of one currency in relation to another, and it can fluctuate due to economic factors such as interest rates, geopolitical events, and market conditions. Money exchange can be done at banks, currency exchange offices, or online platforms.

Checklist for Money Exchange in India

The specific documents required for money exchange can vary depending on the country, the amount being exchanged, and the regulations of the exchange provider. Generally, the following documents are commonly required:

For Travel Purpose

1. Valid Passport or National.
2. Tourist/Visitor Visa of that country in which you are Travelling
3. Pancard 
4. Return Tickets

For Student/Education Purpose

1. Valid Passport or National ID
2. Student Visa of the country in which you going for Education
3. Pancard
4. Air-Ticket
5. Offer letter from university

For Work Permit Purpose

1. Valid Passport or National ID
2. Work Permit Visa of the country in which you are going for Work
3. Pancard
4. Air-Ticket
5. Offer letter from Employer

          Sample Currencies

                                           1. Amercian Dollar (USD)

                                           2. British Pound (GBP)

                                           3. EURO (EUR)

                                           4. Candian Dollar (CAD)

                                            5. Australain Dollar (AUD)

                                             6. Singapore Dollar (SGD)

                                              7. Emirati Dirham (AED)

                                              8. Thai Bhatt (THB)

                                              9. Malaysian Ringgit

                                              10. Turkish Lira (TRY)

                                              11. Chinese Yuan

                                             12. Russian Ruble

                                           13. Saudi Riyal (SAR)

                                           14. Qatri Riyal

                                          15. Omani Riyal

                                          16. Korean Won (KRW)

                                         17. Indonesia Rupiah

                                        18. Swiss Franc (CHF)

                                       19.  Norwegian Krone

                                      20. Swedish Krone

                                     21. Bangladesh Taka (BDT)

                                      22. Nepalese Rupee

                                     23. Srilankan Rupee (LKR)