1 MYR+NAD = 17.6322 INR Interbank/ mid-market Rate at: 2022-05-21 18:27:38
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Customers looking for forex rates have to constantly struggle to find the actual Malaysian Ringgits rates today in Nadiad. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Malaysian Ringgits exchange rates today in Nadiad. 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 Nadiad. Our other forex related products and services include MYR forex cards, MYR traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's MYR rate in Nadiad', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's MYR rate in Nadiad' 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MYR rate in Nadiad' which are much higher. Charging 'today's MYR rate in Nadiad' provides a cushioning effect to avoid incurring losses due to MYR price fluctuation in the market because just like stocks MYRs are also traded electronically across the globe like any other financial security. In the name of 'today's MYR rate in Nadiad', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to MYR price fluctuation.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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