1 AED+BHAV = 22.4615 INR Interbank/ mid-market Rate at: 26-03-2023 09:00:25
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Actual UAE Dirham exchange rates today in Bhavnagar have never been easy to find until now. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time UAE Dirham exchange rates today in Bhavnagar. Customers have the choice to book their order at live rates or at UAE Dirham exchange rates today in Bhavnagar that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes AED currency notes, AED forex cards, AED traveler's cheques and AED money transfer and remittance services using AED DDs and AED wire transfers. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's AED rate in Bhavnagar'. Little do customers know that in the the name of 'today's AED rate in Bhavnagar', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to AED price fluctuation on account of the AED 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 AED rate in Bhavnagar' which are much higher. Charging 'today's AED rate in Bhavnagar' provides a cushioning effect to avoid incurring losses due to AED price fluctuation in the market because just like stocks AEDs 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 AED rate in Bhavnagar' therefore, is just a means to exploit the customer.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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