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Actual Bahraini Dinar exchange rates today in Silchar 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 Bahraini Dinar exchange rates today in Silchar 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 Bahraini Dinar exchange rates today in Silchar. Our other forex related products and services include BHD forex cards, BHD traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Silchar.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's BHD rate in Silchar' which are much higher. Charging 'today's BHD rate in Silchar' provides a cushioning effect to avoid incurring losses due to BHD price fluctuation in the market because just like stocks BHDs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's BHD rate in Silchar'. Other foreign exchange dealers in Silchar are simply exploiting the customers through the concept of a static 'today's BHD rate in Silchar. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the BHD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's BHD rate in Silchar' therefore, is just a means to exploit the customer.
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.
To get started use our interactive order entry cart below.