1 EUR+IND = 88.7834 INR Interbank/ mid-market Rate at: 31-05-2023 02:02:04
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Actual Euro exchange rates today in Indore 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 Euro exchange rates today in Indore. 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 Euro exchange rates today in Indore. Our other forex related products and services include EUR forex cards, EUR traveler’s cheques, money transfer and remittance services. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders.
BookMyForex being a technology company, its offerings go beyond the standard “today’s EUR rate in Indore”. Other foreign exchange dealers in Indore are simply exploiting the customers through the concept of a static “today’s EUR rate in Indore”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the EUR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s EUR rate in Indore”. Little do customers know that in the the name of “today’s EUR rate in Indore”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to EUR price fluctuation on account of the EUR being traded globally just 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 EUR rate in Indore” therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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