1 KWD+MALA = N/A INR Interbank/ mid-market Rate at: 2022-05-19 18:07:17
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Customers looking for forex rates have to constantly struggle to find the actual Kuwaiti Dinar rates today in Malappuram. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Kuwaiti Dinar exchange rates today in Malappuram. Customers have the choice to book their order at live rates or at Kuwaiti Dinar exchange rates today in Malappuram that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes KWD currency notes, KWD forex cards, KWD traveler's cheques and KWD money transfer and remittance services using KWD DDs and KWD wire transfers. Orders are delivered at our own branches or at the branches of our channel partners.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's KWD rate in Malappuram', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's KWD rate in Malappuram' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the KWD is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's KWD rate in Malappuram' which are much higher. Charging 'today's KWD rate in Malappuram' provides a cushioning effect to avoid incurring losses due to KWD price fluctuation in the market because just like stocks KWDs 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 KWD rate in Malappuram' 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.
To get started use our interactive order entry cart below.