Where to exchange US dollars for Indian rupees in Delhi, and are older US dollar bills accepted?

Older US$100 notes were reportedly accepted in other Indian tourist cities: Mumbai, Jaipur and Agra exchanged them at about ₹94 per US$1, while a counter near Amber Fort in Jaipur offered ₹95. This does not guarantee acceptance in Delhi, but older notes may receive a lower rate.

Three exchange counters in Delhi reportedly refused 2006-series US$100 bills. Bring newer, clean, undamaged dollar notes, or confirm with a specific exchange counter in advance whether older series are accepted.

One reported USD exchange achieved ₹96 per US$1, while a randomly encountered hotel offered only ₹92. Do not accept the first quote—compare several exchange counters and hotel offers.

Compare the rate with an exchange option before departure: a Saint Petersburg exchange counter was quoted at ₹92 per US$1 for dollars to rupees. Exchanging a small amount for initial expenses beforehand may help if Delhi airport rates are worse.