1 MYR+VIRU = 17.6322 INR Interbank/ mid-market Rate at: 2022-05-21 17:34:37
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Customers will no longer have to struggle to find the actual Malaysian Ringgits exchange rates today in Virugambakkam. 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 Virugambakkam. Customers have the choice to book their order at live rates or at Malaysian Ringgits exchange rates today in Virugambakkam that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes MYR currency notes, MYR forex cards, MYR traveler's cheques and MYR money transfer and remittance services using MYR DDs and MYR wire transfers. 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 Virugambakkam', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's MYR rate in Virugambakkam' 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 Virugambakkam'. Little do customers know that in the the name of 'today's MYR rate in Virugambakkam', 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 Virugambakkam' therefore, is just a means to exploit the customer.
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.
You can get started by using our interactive order entry cart below.