1 SAR+VIDI = N/A INR Interbank/ mid-market Rate at: 2022-05-19 17:34:00
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Customers looking for forex rates have to constantly struggle to find the actual Saudi Riyal rates today in Vidisha. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Saudi Riyal exchange rates today in Vidisha. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Saudi Riyal exchange rates today in Vidisha. Our other forex related products and services include SAR forex cards, SAR traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in Vidisha. Orders can also be delivered at home free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's SAR rate in Vidisha' which are much higher. Charging 'today's SAR rate in Vidisha' provides a cushioning effect to avoid incurring losses due to SAR price fluctuation in the market because just like stocks SARs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's SAR rate in Vidisha'. Other foreign exchange dealers in Vidisha are simply exploiting the customers through the concept of a static 'today's SAR rate in Vidisha. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the SAR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's SAR rate in Vidisha' 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.
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