The Indian Rupee buy back rates below were last updated 4 minutes ago
If you’ve got leftover Indian Rupees to sell, don’t take them to the bank. You could save money by selling them back to a licenced currency broker who will offer you a much better deal than the banks or travel agents. We’ve taken the hassle out of finding the best Indian Rupee buyback deals by comparing the UK’s top buyers in one place so you can see at a glance who can offer you the most cash for your currency.
Unlike when you buy Indian Rupees, selling them back again is not always a straightforward process. Some currency suppliers such as the Post Office will only buy back currency that they originally sold you in the first place (and you’ll need to show them your receipt as proof), while other suppliers won’t buy back currency at all, or will charge you a buyback fee for the privilege of selling to them.
Fortunately a growing number of specialist online currency brokers are snapping up unwanted Indian Rupees sold to them over the internet. They are able to offer much better rates than the high street because their overheads are much lower. They don’t have to pay expensive business rates and they can sell the currency they buy from you straight on to another customer – cutting out the banks and passing the savings directly on to you. You’ll get the best Indian Rupee buy back rates by selling online but don’t just take our word for it. Compare Indian Rupee buyback rates now using our uniquely easy to use comparison table above and see how much you could save.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the Indian Rupee buy back rate has worsened by 0.54% from last Wednesday's rate of 91.9 to today's rate of 92.4000 which means ₹10000 is worth £0.59 less today than it did a week ago. During this period the worst time to sell is right now at 92.4000 and the best time to sell was on Wednesday at 91.9.
The 90 day outlook has seen the Indian Rupee buy back rate improve by 2.07% from 94.3521 on 22nd October 2017 to 92.4000 today. Based on these figures, ₹10000 is worth £2.24 more today than it did three months ago. The worst buy back rate we recorded was 96.2454 on 30th November 2017 and the best buy back rate we recorded was 90.8502 on 25th December 2017.
Posted by Graham Morley on 16th January 2018
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