1 ZAR+KRIS = 4.8841 INR Interbank/ mid-market Rate at: 2022-05-19 01:53:20
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It is next to impossible for customers to find the actual South African Rand exchange rates today in Krishnanagar especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time South African Rand exchange rates today in Krishnanagar. 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 South African Rand exchange rates today in Krishnanagar. Our other forex related products and services include ZAR forex cards, ZAR traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's ZAR rate in Krishnanagar'. Little do customers know that in the the name of 'today's ZAR rate in Krishnanagar', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to ZAR price fluctuation on account of the ZAR being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard 'today's ZAR rate in Krishnanagar'. Other foreign exchange dealers in Krishnanagar are simply exploiting the customers through the concept of a static 'today's ZAR rate in Krishnanagar. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the ZAR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. In the name of 'today's ZAR rate in Krishnanagar', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to ZAR price fluctuation.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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