1 MYR+CHD = 19.5894 INR Interbank/ mid-market Rate at: 14-10-2024 13:08:42
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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Malaysian Ringgits exchange rates today in Chandigarh used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Malaysian Ringgits exchange rates today in Chandigarh. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Chandigarh to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Chandigarh', which is not really the rate at which currency is exchanged. Through the practice of 'today's MYR rate in Chandigarh' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Malaysian Ringgitss are traded electronically worldwide. So the concept of 'today's MYR rate in Chandigarh' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's offerings of forex and related services are already available across the country and include currency exchange, MYR currency notes, MYR forex cards, MYR traveler's cheques or remittance products such as MYR demand drafts and MYR wire transfers.Orders are delivered by our own branches or by the branches of our channel partners in India.
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