1 SGD+DIMA = N/A INR Interbank/ mid-market Rate at: 2022-05-18 05:50:14
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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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 Singapore Dollar exchange rates today in Dimapur used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Singapore Dollar exchange rates today in Dimapur. You also have the option to lock-in the Singapore Dollar exchange rates today in Dimapur 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 SGD rate in Dimapur', 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 SGD rate in Dimapur' because the forex dealers have to keep high margins to avoid any losses on account of SGD price fluctuation in the global market. So the customers end up being at the losing end when 'today's SGD rate in Dimapur' is the basis for currency exchange.
The complete range of forex products offered by the Company includes SGD currency notes, SGD forex cards, SGD traveler's cheques or remittance products such as SGD demand drafts and SGD wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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