Current Rate =
|Buy JPY Forex Card||₹0.7146|
|Sell JPY Forex Card||₹0.6079|
|Buy JPY Wire Transfer||₹0.7291|
|Buy JPY Currency Notes||N/A|
|Sell JPY Traveler Cheques||N/A|
|Sell JPY Currency Notes||N/A|
|Buy JPY Traveler Cheques||N/A|
|Buy JPY Demand Draft||₹0.7541|
Customers will no longer have to struggle to find the actual Japanese Yen exchange rates today in Memari. 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 Japanese Yen exchange rates today in Memari are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Japanese Yen exchange rates today in Memari and exchange their currency at that rate within three days. We also offer other forex related products that include JPY currency notes, JPY forex cards, JPY traveler's cheques, as well as money transfer and remittance services through JPY wire transfers and JPY demand drafts. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in Memari. Orders can also be delivered at home free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's JPY rate in Memari'. Little do customers know that in the the name of 'today's JPY rate in Memari', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to JPY price fluctuation on account of the JPY 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 JPY rate in Memari' which are much higher. Charging 'today's JPY rate in Memari' provides a cushioning effect to avoid incurring losses due to JPY price fluctuation in the market because just like stocks JPYs are also traded electronically across the globe like any other financial security. In the name of 'today's JPY rate in Memari', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to JPY price fluctuation.
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.
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