1 KWD+MEMA = N/A INR Interbank/ mid-market Rate at: 2022-05-17 11:03:05
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It is next to impossible for customers to find the actual Kuwaiti Dinar exchange rates today in Memari especially on the Internet. 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 Kuwaiti Dinar exchange rates today in Memari. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Kuwaiti Dinar exchange rates today in Memari and exchange their currency at that rate within three days. We also offer other forex related products that include KWD currency notes, KWD forex cards, KWD traveler's cheques, as well as money transfer and remittance services through KWD wire transfers and KWD demand drafts. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Memari.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's KWD rate in Memari'. Little do customers know that in the the name of 'today's KWD rate in Memari', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to KWD price fluctuation on account of the KWD being traded globally just like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's KWD rate in Memari', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's KWD rate in Memari' 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. In the name of 'today's KWD rate in Memari', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to KWD 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.
You can get started by using our interactive order entry cart below.