1 CAD+SUR = 61.3658 INR Interbank/ mid-market Rate at: 09-12-2023 06:19:32
Actual Canadian Dollar exchange rates today in Surat have never been easy to find until now. 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 Surat. 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 Surat 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 Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s CAD rate in Surat”. Little do customers know that in the the name of “today’s CAD rate in Surat”, 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. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s CAD rate in Surat” which are much higher. Charging “today’s CAD rate in Surat” 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. “Today’s CAD rate in Surat” 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.
You can get started by using our interactive order entry cart below.