1 AUD+FARR = N/A INR Interbank/ mid-market Rate at: 2022-05-26 13:03:28
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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Australian Dollar exchange rates today in Farrukhabad used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Australian Dollar exchange rates today in Farrukhabad to exchange currency. The other option for customers is to lock-in the Australian Dollar exchange rates today in Farrukhabad by selecting the 'Freeze the rate' option on the website. 'Today's AUD rate in Farrukhabad' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's AUD rate in Farrukhabad' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Australian Dollars are traded electronically worldwide. So the concept of 'today's AUD rate in Farrukhabad' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's entire suite of forex products includes AUD currency notes, AUD forex cards, AUD traveler's cheques or remittance products such as AUD demand drafts and AUD wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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