1 SAR+MDT = 20.6907 INR Interbank/ mid-market Rate at: 2022-05-18 22:32:00
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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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
It can be quite a pain for a customer to find out the Saudi Riyal exchange rates today in Mayiladuthurai. It is only BookMyForex that now provides live and real time Saudi Riyal exchange rates today in Mayiladuthurai. You also have the option to lock-in the Saudi Riyal exchange rates today in Mayiladuthurai to exchange currency by using the “Freeze the rate” option on the website. Other currency exchangers and websites use the base rate or interbank rate as “today’s SAR rate in Mayiladuthurai”, which isn’t actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called “today’s SAR rate in Mayiladuthurai” because the forex dealers have to keep high margins to avoid any losses on account of SAR price fluctuation in the global market. So the customers end up being at the losing end when “today’s SAR rate in Mayiladuthurai” is the basis for currency exchange.
The Company’s entire suite of forex products includes SAR currency notes, SAR forex cards, SAR traveler’s cheques or remittance products such as SAR demand drafts and SAR wire transfers.Orders are delivered at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
So what are you waiting for? Click below to use our interactive order entry cart …