1 SGD+KANP = 55.6114 INR Interbank/ mid-market Rate at: 2022-05-17 06:40:59
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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. 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 Singapore Dollar exchange rates today in Kanpur. BookMyForex is the first portal in India that provides live rates and actual Singapore Dollar exchange rates today in Kanpur to exchange currency. You also have the option to lock-in the Singapore Dollar exchange rates today in Kanpur 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 Kanpur', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's SGD rate in Kanpur' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Singapore Dollars are traded electronically worldwide. So the concept of 'today's SGD rate in Kanpur' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's entire suite of forex products 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
So what are you waiting for? Click below to use our interactive order entry cart :