1 EGP+ANAN = 2.6671 INR Interbank/ mid-market Rate at: 11-06-2023 03:28:22
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Actual Egyptian Pound exchange rates today in Anand have never been easy to find until now. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Egyptian Pound exchange rates today in Anand. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Egyptian Pound exchange rates today in Anand and exchange their currency at that rate within three days. We also offer other forex related products that include EGP currency notes, EGP forex cards, EGP traveler's cheques, as well as money transfer and remittance services through EGP wire transfers and EGP demand drafts. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's EGP rate in Anand'. Little do customers know that in the the name of 'today's EGP rate in Anand', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to EGP price fluctuation on account of the EGP 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 EGP rate in Anand' which are much higher. Charging 'today's EGP rate in Anand' provides a cushioning effect to avoid incurring losses due to EGP price fluctuation in the market because just like stocks EGPs 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 EGP rate in Anand' 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.
To get started use our interactive order entry cart below.