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Customers looking for forex rates have to constantly struggle to find the actual Philippine Peso rates today in Kanyakumari. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Philippine Peso exchange rates today in Kanyakumari. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Philippine Peso exchange rates today in Kanyakumari by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include PHP currency notes, PHP forex cards, PHP traveler's cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our channel partners.
BookMyForex being a technology company, its offerings go beyond the standard 'today's PHP rate in Kanyakumari'. Other foreign exchange dealers in Kanyakumari are simply exploiting the customers through the concept of a static 'today's PHP rate in Kanyakumari'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the PHP 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 PHP rate in Kanyakumari' which are much higher. Charging 'today's PHP rate in Kanyakumari' provides a cushioning effect to avoid incurring losses due to PHP price fluctuation in the market because just like stocks PHPs are also traded electronically across the globe 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 PHP rate in Kanyakumari' 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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