1 NOK+MACH = N/A INR Interbank/ mid-market Rate at: 2022-05-27 09:24:23
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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
Finding the Norwegian Krone exchange rates today in Machilipatnam used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Norwegian Krone exchange rates today in Machilipatnam to exchange currency. The other option for customers is to lock-in the Norwegian Krone exchange rates today in Machilipatnam by selecting the 'Freeze the rate' option on the website. 'Today's NOK rate in Machilipatnam' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's NOK rate in Machilipatnam' because the forex dealers have to keep high margins to avoid any losses on account of NOK price fluctuation in the global market. So the customers end up being at the losing end when 'today's NOK rate in Machilipatnam' is the basis for currency exchange.
The complete range of forex products offered by the Company includes NOK currency notes, NOK forex cards, NOK traveler's cheques or remittance products such as NOK demand drafts and NOK wire transfers.Orders are delivered by our own branches or by one of our several hundred channel partner locations, across India.
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