1 ZAR+VIZA = N/A INR Interbank/ mid-market Rate at: 2022-05-17 10:40:23
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Customers looking for forex rates have to constantly struggle to find the actual South African Rand rates today in Vizag. 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 Vizag. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live South African Rand exchange rates today in Vizag by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include ZAR currency notes, ZAR forex cards, ZAR traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in Vizag. Orders can also be delivered at home free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's ZAR rate in Vizag'. Little do customers know that in the the name of 'today's ZAR rate in Vizag', 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's ZAR rate in Vizag', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's ZAR rate in Vizag' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the ZAR is traded across the world electronically just like stocks, its prices also fluctuate. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's ZAR rate in Vizag' 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.
You can get started by using our interactive order entry cart below.