18002099100
Table of contents
Each one of us likes to travel hassle free. Hence before we pack our travel bags to get set and go to a foreign destination, it is important to ascertain a few aspects. For instance, considering the rate of foreign exchange is a major concern that we must consider while planning our international holidays. After all we don’t want to get ripped off while paying for services abroad, do we? Global travelers therefore, must be cautious about choosing services when they travel internationally. Appropriate knowledge about forex can help them fetch better deals abroad.
About Forex
Foreign exchange is a major concern for people visiting foreign countries. What most of us fail to realize is that the rise and fall of currency exchange rates can have a huge impact on international travel and tourism. For starters, one should know the basic of foreign exchange like when your home currency is stronger you can spend more in the visiting country and vice-versa. With a more powerful home currency you can travel in the foreign locale for cheaper price.
Apart from being important for travelers traveling abroad this concern has a significant impact on a country’s foreign exchange reserve as well. According to recent reports, foreign exchange earnings from tourism in India alone is predicted to increase to USD 26 billion dollars by 2015 from the current USD 20 billion dollar. This foreign exchange earned from tourism sector is critical to combat the escalating current account deficits. No doubt the government of India is adapting measures like easing the visa norms and entering into agreements with other countries to boost its tourism sector.
Today when India’s foreign exchange reserve has increased for the third week in a row, adding USD 1.9 billion dollars, one cannot deny the contribution of tourism and hospitality sector for the same. In order to make significant strides in its tourism sector, India endeavoured to improve its share in international tourist receipts during the course of past decade thereby, positively affect foreign exchange in India. You can also gauge the importance of tourism in the country from the fact that India emerged as the fourth biggest foreign exchange earners during 2012 with over USD 17 billion dollar earnings.
Therefore, one can say that forex is as critical concern to the traveler as it is to the economy.
Table of contents
Our Forex Offerings
Recommended Articles for you
1 USD to INR from 1947 to 2026
18 2 Today, if we convert 1 USD to INR the Indian currency’s value is lower than USD. INR’s value ranges around 83.57 to 1 USD. Many travellers travelling abroad exchange INR to USD and then later get it converted […]
Highest Currency in the World in 2026
20 0 It is a common knowledge that value of currencies around the world change on a regular basis. Some currencies are considered stronger than many others. There are countries where the Highest Currency is not more than 20 while […]
Lowest Currencies in the World with Exchange Rates in INR
4 0 As you plan your travels or delve into the economics of different countries, understanding currency values becomes crucial. The phrase ‘currencies with the lowest exchange rates in the world’ often piques curiosity, both for economic insights and the […]
How Much Currency Should You Carry on Your First International Trip?
2 0 In the post-pandemic scenario, when life is getting back to normal, and people are resuming their long-awaited trip plans, it is essential to strategize about the expenses to be incurred. Prior to packing bags, understanding the financial baggage […]
Which Currency is Best to Use in Dubai?
0 0 Dubai, one of the world’s most vibrant and luxurious destinations, attracts millions of tourists and business travellers each year. Known for its towering skyscrapers, world-class shopping malls, and rich cultural experiences, Dubai’s allure often raises a common question […]
Step-by-Step Guide to Reloading and Unloading Your Forex Card
0 0 A Forex card is an indispensable tool for international travellers, offering a secure, convenient, and cost-effective way to carry foreign currency. Whether you are a frequent flyer, a student studying abroad, or simply on holiday, a Forex card […]
How Much Cash Can You Legally Carry While Traveling Abroad?
1 1 The past couple of years have been tough for everybody. Thankfully, things are getting back to normal slowly. It was a delight when everyone got the news of the lifting of Covid restrictions in many countries. So, traveling […]
10 Things to Do in Guwahati for an Unforgettable Experience
0 0 Guwahati, the gateway to Northeast India, offers a perfect mix of history, spirituality, and adventure. From visiting the famous Kamakhya Temple to enjoying a scenic cruise on the Brahmaputra River, there are endless experiences waiting for travelers. Here’s […]
21 Best Places to Visit in Bangalore
-78 -111 Bangalore has evolved from being the Garden City to the Silicon Valley of the country! It is one of the largest cities in India and has people migrating over from all across the country. The tourist places in […]
Maha Shivaratri – Significance and Importance
1 0 The way cosmos functions, the way it was formed and its future are all beyond human comprehension. We have been trying to study about the cosmos for over millenniums and haven’t gotten too far. If studying about what […]
Top 19 Famous Places in Delhi Everyone Needs to Visit
-198 -125 Delhi Attractions you won’t be able to skip visiting at least once Delhi, the capital of Incredible India, is in no way any less than incredible itself. With some of the most beautiful and captivating Tourist Places in […]
10 Places to Visit in India in February 2026
0 0 The ‘Month of Love’ is the perfect time to travel across India for two reasons. In February, winter is almost at an end but the weather is still pleasant without being too cold. Secondly, you won’t have to […]
5 Best Places to Visit in August Outside India in 2026
3 0 As August approaches, many travellers seek destinations that offer a change of pace from the usual summer heat. Whether you’re escaping the warm Indian climate or looking to experience unique cultural events, August presents the perfect opportunity for […]
Most Beautiful Places in the World – Top Travel Destinations
1 0 Traveling is our way to seek beauty, understand culture and feast our soul on the richness of diverse landscapes. Each travel destination in the world is a journey through these enriching factors that gives a true meaning to […]
The Ultimate Guide to the World’s Top 10 Biggest Festivals
4 0 In a world rich with diverse cultures and traditions, festivals are vibrant expressions of human celebration, spirituality, and community. From ancient rites to modern spectacles, these gatherings bring people together to honour history, commemorate shared values, and revel […]
The Ultimate Kumbh Mela guide 2026: Everything You Need to Know
2 0 Kumbh Mela 2026 is not merely a religious celebration but is the ultimate cultural experience, bringing millions together worldwide. Also regarded as the world’s biggest spiritual gathering, the Kumbh fair is one of the spectacular events that congregates […]
Thomas Cook Forex Card vs Niyo Global Card: A Real Travel Comparison
0 0 Planning a 2026 international trip and seeking the best forex card for travel to manage your international travel money? Whether you’re exploring budget-friendly destinations like Manali or jetting off to Paris, prepaid travel cards like the Thomas Cook […]
Top 20 Holiday Destinations to Visit in India in 2026
6 2 When it comes to travelling, India is a vastly underrated holiday destination that doesn’t get its due credit. From arid deserts to lush rainforests, from lofty mountains to mysterious valleys; you’ll get an overwhelmingly vast number of experiences […]
12 Best Places To Visit In November In India In 2026
0 0 November is a month of vibrant transitions in India, offering an array of travel experiences from the cool Himalayan foothills to the warm beaches of the south. If you’re planning your travel itinerary for November 2026, India presents […]
Top 10 Must-Visit Destinations in the World for an Unforgettable Family Vacation
2 0 Are you looking for some family travel inspiration? If yes, you need to look no further as you are on the right page. Under this guide, you can find some of the all-time favourite vacation destinations for families […]