1 SGD+KOTH = 55.748 INR Interbank/ mid-market Rate at: 2022-05-19 05:11:23
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Customers will no longer have to struggle to find the actual Singapore Dollar exchange rates today in kothamangalam. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Singapore Dollar exchange rates today in kothamangalam. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Singapore Dollar exchange rates today in kothamangalam by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include SGD currency notes, SGD forex cards, SGD traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's SGD rate in kothamangalam'. Little do customers know that in the the name of 'today's SGD rate in kothamangalam', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to SGD price fluctuation on account of the SGD being traded globally just like any other financial security. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's SGD rate in kothamangalam' which are much higher. Charging 'today's SGD rate in kothamangalam' provides a cushioning effect to avoid incurring losses due to SGD price fluctuation in the market because just like stocks SGDs 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 SGD rate in kothamangalam' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
So use our interactive order entry cart below and get started.