1 MYR+DIMA = N/A INR Interbank/ mid-market Rate at: 2022-05-23 08:40:23
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It is next to impossible for customers to find the actual Malaysian Ringgits exchange rates today in Dimapur especially on the Internet. 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 Malaysian Ringgits exchange rates today in Dimapur are available 24*7 on BookMyForex's website for all to see. 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 Malaysian Ringgits exchange rates today in Dimapur. Our other forex related products and services include MYR forex cards, MYR traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's MYR rate in Dimapur', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's MYR rate in Dimapur' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the MYR is traded across the world electronically just like stocks, its prices also fluctuate. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's MYR rate in Dimapur'. Little do customers know that in the the name of 'today's MYR rate in Dimapur', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to MYR price fluctuation on account of the MYR being traded globally just 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 MYR rate in Dimapur' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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