8 Countries Where Indian Rupee Has A Higher Value

When planning an international trip, the value of the Indian Rupee (INR) in comparison to the local currency of your destination can play a significant role in shaping your travel budget. The strength of the INR against certain currencies allows Indian travellers to explore more without breaking the bank. If you want to maximise your travel experiences and value for money, consider these countries where the Indian currency is stronger. Before you go, ensure you make a plan that respects your budget, and buy travel insurance online or offline.

Understanding Currency Strength: Why It Matters

Currency strength directly impacts your purchasing power in a foreign country. When the Indian Rupee is more potent than another currency, you can get more of that currency for a lower amount of INR. For example, understanding the Vietnamese Dong to INR exchange rate can help you plan your expenses better if you're travelling to Vietnam. A favourable exchange rate allows you to enjoy luxury experiences, shop more, and dine at upscale restaurants without feeling the pinch.

List of High Rupee Value Countries

Here is a list of countries where INR is stronger:

Country	Currency	Exchange Rate (Approx.)
Vietnam	Vietnamese Dong (VND)	1 INR = 290 VND
Indonesia	Indonesian Rupiah (IDR)	1 INR = 185 IDR
Nepal	Nepalese Rupee (NPR)	1 INR = 1.6 NPR
South Korea	South Korean Won (KRW)	1 INR = 16 KRW
Laos	Lao Kip (LAK)	1 INR = 120 LAK
Kazakhstan	Kazakhstani Tenge (KZT)	1 INR = 5.5 KZT
Finland	Euro (EUR)	1 INR = 0.012 EUR
Denmark	Danish Krone (DKK)	1 INR = 0.09 DKK

Countries Where Indian Rupee Has a Higher Value

Nepal

1 INR = 1.61 Nepalese Rupees (NPR) Nepal is one of the countries that India shares a border with. It is easily accessible by air as well as by roadways. Moreover, Indian citizens do not require to apply for a visa to visit Nepal. Since tourism is a fundamental part of the country’s economy, there is a lot to do here as a tourist, from climbing the highest peak in the world to visiting important historical sites such as Lumbini.

Sri Lanka

1 INR = 3.98 Sri Lankan Rupee (LKR) Another neighbouring country with an equally rich culture and biodiversity, Sri Lanka is an island nation. So, while India may not share a land border with them, we certainly share history and parts of the culture. Many may prefer to visit Sri Lanka during the winter months in the northern hemisphere. Despite political and economic issues, Sri Lanka is considered generally safe for tourists.

Vietnam

1 INR = 287 Vietnamese Dong (VND) If you are looking for a leisurely break from the fast-paced city life, it is time to put Vietnam on your travel bucket list. The country is not only historically rich, but its vibrant culture also shows through its cuisine. You can choose a local tour experience or explore the sites and natural heritage on your own.

Cambodia

1 INR = 50 Cambodian Riel (KHR) Another South-east Asian country on the list is Cambodia. It is important to plan properly to ensure that your Cambodian experience is what you want it to be because the country has quite a bit to offer. On the one hand, it has some sightseeing opportunities to offer with its historical sites and temples. On the other, you can also choose to indulge in adventures like snorkelling or spend your time exploring the local seafood.

Indonesia

1 INR = 181 Indonesian Rupiah (IDR) If you want your travel experience to be full of flavourful food, beach activities, exploring the countryside, and watching wildlife like Komodo dragons, look no further than Indonesia. The country is a cluster of several small and big islands, with each major one offering a variety of local experiences. The flora and fauna can be completely different from what one experiences on the mainland in their home region.

Belarus

1 INR = 0.031 Belarusian Ruble (BYN) Belarus is another destination that may not be your first thought as a vacation destination. However, the country may cater to your taste if you are looking for pockets of nature, rare flora and fauna, and architecture that acts as a window into history. Indian citizens can get visa-free entry through the Minsk National Airport.

Uzbekistan

1 INR = 140 Uzbekistani Som (UZS) Uzbekistan is a Central Asian country that offers a glimpse into the vibrant culture of the region through its architecture, landscape, and food. The capital city, Tashkent, served as a trading centre on the Silk Road. While not much remains of the ancient architecture, you can still experience it through sites like Shah-i-Zinda and the Ark of Bukhara.

Hungary

1 INR = 4.16 Hungarian Forint (HUF) The months between April and October are said to be the best time of the year to visit Hungary. Be it for the goulash or the nightlife experience offered by Budapest, Hungary can be the choice if you are looking for a European destination where the Indian rupee holds strong. Note that the value of the currency can fluctuate with time and may grow stronger or weaker. Moreover, a weaker currency may not necessarily mean that living expenses will be affordable. Ensure that you get a clear idea of the budget you are required to maintain to have a comfortable vacation in a foreign destination.

Economic Benefits of Traveling to Countries with Stronger INR

Traveling to countries where the Indian Rupee holds higher value offers several economic benefits. Firstly, you can experience premium services and accommodations at lower prices. For instance, with a favorable INR to Indonesian currency rate, you can afford to stay at high-end resorts or enjoy adventure activities in Bali that would otherwise be expensive. Additionally, shopping and dining become more affordable, allowing you to indulge without worrying about overspending. This can significantly enhance your overall travel experience, making your trip more memorable and enjoyable.

Need For Travel Insurance While Visiting High Rupee Value Countries

Even though traveling to countries with a favorable exchange rate is cost-effective, unforeseen circumstances can still arise. Travel insurance is essential for safeguarding against unexpected events such as medical emergencies, flight cancellations, or lost baggage. Bajaj Allianz General Insurance Company offers comprehensive travel insurance plans that provide financial protection, ensuring that you can enjoy your trip without worries. Whether you’re exploring the streets of Ho Chi Minh City or enjoying a serene stay in Bali, having travel insurance is a must to cover any mishaps.

Conclusion

Traveling to countries where the Indian Rupee is stronger allows Indian travelers to make the most of their budget while experiencing diverse cultures and breathtaking landscapes. From the bustling markets of Vietnam to the tranquil beaches of Indonesia, these destinations offer an affordable yet enriching travel experience. Remember to plan your trip wisely, keep an eye on the currency exchange rates, and get your travel insurance to ensure a safe and worry-free journey.

FAQs

Which country has the highest value of Indian Currency?

Vietnam and Indonesia are popular destinations where the Indian Rupee is stronger, offering Indian travelers a great value for their money. For instance, one Indian Rupee is equivalent to approximately 290 Vietnamese Dong and 185 Indonesian Rupiah, making travel and living expenses more affordable.

Is Korean money cheaper than India?

Yes, the South Korean Won has a lower value compared to the Indian Rupee. Currently, 1 INR is approximately 16 KRW, making it favorable for Indian travelers to explore South Korea without spending excessively.

What is the value of one Indian rupee in Nepal?

The exchange rate of 1 Indian Rupee is roughly equal to 1.6 Nepalese Rupees. This close proximity in value means that Indian travelers can enjoy seamless financial transactions while exploring Nepal.

What does it mean when the Indian Rupee is stronger than another currency?

A stronger Indian Rupee implies that you can obtain a higher amount of foreign currency for each INR spent. This enhances your purchasing power, allowing you to spend less while gaining more, whether it's on accommodation, food, or shopping.

What are the best ways to exchange currency when traveling abroad?

It’s advisable to use official exchange counters at airports, authorized money changers, or withdraw local currency directly from ATMs. Always check the exchange rates and fees beforehand to get the best deal. Prepaid forex cards can also be a convenient and secure option.

How can I plan my travel budget for countries where INR is stronger?

Start by researching the cost of living and typical expenses in your destination. Keep track of the current exchange rates, like dkk to inr or laos currency to inr, and budget for accommodation, food, transportation, and leisure activities accordingly. Having a buffer for unforeseen expenses and securing travel insurance are essential steps to ensure a hassle-free trip. * Standard T&C apply. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.