1 EUR+NELL = 81.8928 INR Interbank/ mid-market Rate at: 2022-05-22 22:49:02
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It is next to impossible for customers to find the actual Euro exchange rates today in Nellore especially on the Internet. 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 Euro exchange rates today in Nellore are available 24*7 on BookMyForex's website for all to see. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Euro exchange rates today in Nellore by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include EUR currency notes, EUR forex cards, EUR traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all partnering locations across India. Orders can also be 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 EUR rate in Nellore' which are much higher. Charging 'today's EUR rate in Nellore' provides a cushioning effect to avoid incurring losses due to EUR price fluctuation in the market because just like stocks EURs 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 EUR rate in Nellore'. Little do customers know that in the the name of 'today's EUR rate in Nellore', 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 Nellore' 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.
You can get started by using our interactive order entry cart below.