1 LKR+AHME = 0.2175 INR Interbank/ mid-market Rate at: 2022-05-28 03:55:59
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It is next to impossible for customers to find the actual Sri Lankan Rupee exchange rates today in Ahmednagar especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Sri Lankan Rupee exchange rates today in Ahmednagar are available 24*7 on BookMyForex's website for all to see. 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 Sri Lankan Rupee exchange rates today in Ahmednagar. Our other forex related products and services include LKR forex cards, LKR traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Ahmednagar.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's LKR rate in Ahmednagar'. Little do customers know that in the the name of 'today's LKR rate in Ahmednagar', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to LKR price fluctuation on account of the LKR 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 LKR rate in Ahmednagar' which are much higher. Charging 'today's LKR rate in Ahmednagar' provides a cushioning effect to avoid incurring losses due to LKR price fluctuation in the market because just like stocks LKRs 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 LKR rate in Ahmednagar' 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.