1 KES+HUBL = 0.5451 INR Interbank/ mid-market Rate at: 28-11-2023 22:27:39
Customers looking for forex rates have to constantly struggle to find the actual Kenyan Shilling rates today in Hubli. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Kenyan Shilling exchange rates today in Hubli. 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 Kenyan Shilling exchange rates today in Hubli. Our other forex related products and services include KES forex cards, KES traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
BookMyForex being a technology company, its offerings go beyond the standard 'today's KES rate in Hubli'. Other foreign exchange dealers in Hubli are simply exploiting the customers through the concept of a static 'today's KES rate in Hubli'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the KES rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's KES rate in Hubli' which are much higher. Charging 'today's KES rate in Hubli' provides a cushioning effect to avoid incurring losses due to KES price fluctuation in the market because just like stocks KESs 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 KES rate in Hubli' 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.
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