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It is next to impossible for customers to find the actual Australian Dollar exchange rates today in Ahmedabad especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren’t actual currency exchange rates. But now live and real time Australian Dollar exchange rates today in Ahmedabad are available 24*7 on BookMyForex’s website for all to see. Customers can buy/ sell their currency at live rates or at a rate they can ‘lock-in’ using the “Freeze the rate” option on the website to avail the best Australian Dollar exchange rates today in Ahmedabad. Our other forex related products and services include AUD forex cards, AUD traveler’s cheques, money transfer and remittance services. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners.
BookMyForex being a technology company, its offerings go beyond the standard “today’s AUD rate in Ahmedabad”. Other foreign exchange dealers in Ahmedabad are simply exploiting the customers through the concept of a static “today’s AUD rate in Ahmedabad”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the AUD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AUD rate in Ahmedabad” which are much higher. Charging “today’s AUD rate in Ahmedabad” provides a cushioning effect to avoid incurring losses due to AUD price fluctuation in the market because just like stocks AUDs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. “Today’s AUD rate in Ahmedabad” therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India’s leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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