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Actual Australian Dollar exchange rates today in Pondicherry have never been easy to find until now. 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 Pondicherry are available 24*7 on BookMyForex’s website for all to see. Customers have the choice to book their order at live rates or at Australian Dollar exchange rates today in Pondicherry that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes AUD currency notes, AUD forex cards, AUD traveler’s cheques and AUD money transfer and remittance services using AUD DDs and AUD wire transfers. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners. Orders can also be home-delivered free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s AUD rate in Pondicherry”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s AUD rate in Pondicherry” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the AUD is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AUD rate in Pondicherry” which are much higher. Charging “today’s AUD rate in Pondicherry” 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. In the name of “today’s AUD rate in Pondicherry”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to AUD price fluctuation.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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