1 CAD+KAKI = N/A INR Interbank/ mid-market Rate at: 2022-05-16 17:44:28
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It is next to impossible for customers to find the actual Canadian Dollar exchange rates today in Kakinada especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Canadian Dollar exchange rates today in Kakinada. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Canadian Dollar exchange rates today in Kakinada and exchange their currency at that rate within three days. We also offer other forex related products that include CAD currency notes, CAD forex cards, CAD traveler's cheques, as well as money transfer and remittance services through CAD wire transfers and CAD demand drafts. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CAD rate in Kakinada' which are much higher. Charging 'today's CAD rate in Kakinada' provides a cushioning effect to avoid incurring losses due to CAD price fluctuation in the market because just like stocks CADs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CAD rate in Kakinada'. Little do customers know that in the the name of 'today's CAD rate in Kakinada', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to CAD price fluctuation on account of the CAD being traded globally just like any other financial security. Using it's strong IT infrastructure to its advantage, BookMyForex offers far better options to customers
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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