Exchange Currency in Kochi
Kochi or Cochin is the most populous area in Kerala. The city today is largely known as the financial, commercial and industrial capital of Kerala. The Cochin International Airport is the first in the world to operate solely on solar energy.
Kochi’s rich culture is highlighted by the number of both domestic and international travellers. The Kochi-Mozuris Biennale, the biggest art festival in Asia attracts international artists and tourists. Other than that, Kochi also witnesses an outflow of tourists and travellers to other cities with direct flights to Malaysia, Singapore, Thailand and the Middle East.
Considering the connectivity of the city to major areas of the world, it is essential to find a good currency exchange service for travellers in Kochi. While a lot of physical currency exchange vendors can be found in the city, online options like BookMyForex are much more convenient and cost-saving.
Tourist spots and markets often have currency exchange shops and centres; however, understanding the advantages and disadvantages of these and other options ensures the best money exchange experience in Kochi.
Popular Areas to Buy Foreign Currency in Kochi
| Money Exchange Areas |
Pros of Area |
Cons of Area |
| Nedumbassery |
A major part of the city, one can avail services of many old and trusted currency exchange vendors and dealers. Less chances of fraud. |
Far from the centre of the city, rates might be a bit higher than other areas. |
| Aluva |
Near the riverside, an important transportation hub of the city. Plenty of dealers available here. |
Little to no scope of negotiation of prices. |
| Kalamassery |
A very picturesque locality and major currency exchange dealers can be conveniently found here. |
Uncommon currencies like AUD or Yen will be hard to find here. |
| Mg Road |
Perhaps the best prices for currency exchange on this commercial high street of Kochi. |
Not a completely trustworthy site in terms of currency exchange, chances of getting counterfeit notes or deliberately inflated exchange rates. |
| Lulu Mall |
A great shopping destination for locals and tourists, one can get all their shopping needs fulfilled, plus exchange currency here. |
The number of dealers comparatively is quite less than other spots, so scope of getting the best experience is low. |
Other popular areas for currency exchange in Kochi include:
Avoid Currency Exchange at the Cochin Airport
Leaving for business or education prospects, you might want to look for the option that seems most convenient to you, which is exchanging currency at the airport, right before your flight. But that will cost you a lot more money spent on their needless charges and high markup rates that can go up to 10%.
Skipping airports and making use of online money exchange services like BookMyForex before your trip can save you from these unnecessary expenditures. With real-time exchange rates that can be locked when they are low, BookMyForex is beneficial for any kind of international travel.
By avoiding currency exchange at airports, you can save hundreds or even thousands of rupees on your travel.
Read more: Avoiding Foreign Currency Exchange Services at the Cochin International Airport
