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It is next to impossible for customers to find the actual UAE Dirham exchange rates today in Bir 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 UAE Dirham exchange rates today in Bir are available 24*7 on BookMyForex’s website for all to see. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the UAE Dirham exchange rates today in Bir and exchange their currency at that rate within three days. We also offer other forex related products that include AED currency notes, AED forex cards, AED traveler’s cheques, as well as money transfer and remittance services through AED wire transfers and AED demand drafts. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Bir. Orders can also be delivered at home free of cost.
BookMyForex being a technology company, its offerings go beyond the standard “today’s AED rate in Bir”. Other foreign exchange dealers in Bir are simply exploiting the customers through the concept of a static “today’s AED rate in Bir”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the AED rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AED rate in Bir” which are much higher. Charging “today’s AED rate in Bir” 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 Bir” 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.
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