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It is next to impossible for customers to find the actual New Zealand Dollar exchange rates today in Pune 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 New Zealand Dollar exchange rates today in Pune. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the New Zealand Dollar exchange rates today in Pune and exchange their currency at that rate within three days. We also offer other forex related products that include NZD currency notes, NZD forex cards, NZD traveler’s cheques, as well as money transfer and remittance services through NZD wire transfers and NZD demand drafts. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Pune.
BookMyForex being a technology company, its offerings go beyond the standard “today’s NZD rate in Pune”. Other foreign exchange dealers in Pune are simply exploiting the customers through the concept of a static “today’s NZD rate in Pune”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the NZD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s NZD rate in Pune” which are much higher. Charging “today’s NZD rate in Pune” provides a cushioning effect to avoid incurring losses due to NZD price fluctuation in the market because just like stocks NZDs are also traded electronically across the globe like any other financial security. In the name of “today’s NZD rate in Pune”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to NZD 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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