Current Rate =
|Buy USD Forex Card||₹74.13|
|Sell USD Forex Card||₹73.3946|
|Buy USD Wire Transfer||₹74.4137|
|Buy USD Currency Notes||₹74.6976|
|Sell USD Traveler Cheques||N/A|
|Sell USD Currency Notes||₹74.0038|
|Buy USD Traveler Cheques||N/A|
|Buy USD Demand Draft||₹74.46|
In case you are looking to get the best US dollar rates in your area, try BookMyForex. You can buy as well sell US currency at the best US dollar rates with BookMyForex which provides foreign exchange at live and transparent rates. Since the currency exchange market is highly volatile, US dollar rates keep on changing throughout the day. You can check live US dollar rates online at BookMyForex.com and place an order to buy or sell US dollars online at the live rates.
US dollar is the official currency of the United States of America (USA), the largest economy of the world. Given the economic strength of the USA, there is no wonder that USD is considered one of the strongest currencies in the world. The US dollar is considered as the benchmark currency and is the most used currency for making transactions across the world. As per a recent survey conducted by the Bank of International Settlements the US dollar accounted for 88% all foreign exchange related transactions.
The US dollar is also represented as USD and symbolically $ in the international currency exchange markets. One USD is further subdivided into 100 cents. If you are planning to travel to the USA in the near future, you would certainly require US Dollars to transact there. You can now buy or sell USD at the best US dollar exchange rate in your city online with BookMyForex which is India's first and largest online currency exchange marketplace.
Live Rates: With BookMyForex you buy or sell US Dollars (USD) at live and transparent rates. The rates are dynamic and are updated every few seconds. Thus, you end up saving anywhere between 2% - 3% over other foreign exchange agencies which provide foreign exchange at a fixed rate for the day.
Best Exchange Rate: You don’t need to haggle to get better rates as BookMyForex scans the exchange rates quoted by 100s of money changers near to your location and provides you with the best Canadian Dollar exchange rate.
Online Order Facility: While banks and other institutions require making in-person visits, you can buy or sell Canadian Dollars online with the comfort of your own home.
Doorstep Delivery: When you buy US Dollars from BookMyForex, you not only complete the process of booking from the comfort of your home but you also get your currency delivered right at your doorstep.
Rate Freeze Feature: With this feature, you can ‘lock-in’ a specific rate for up to 3 working days by paying a refundable deposit of 2% of your total amount.
Rate Alert Feature: If you are tired of continuously checking forex rates, you can make use of rate alert feature at BookMyForex. You can just set an alert at the rate desired by you and you would receive a notification as soon as the live US dollar rates strike the pre-set level.
Better Rate Request: If you are not satisfied with the US dollar rate quoted by BookMyForex you can place a better rate request or simply call at 9212219191 where our customer service executive would help you in getting the best US dollar rates.
Being a currency exchange marketplace, BookMyForex provides the best US dollar exchange rates in your area than traditional places of money exchange such as banks and local money changers. Here is a comparative analysis which showcases the reasons to exchange currency online with BookMyForex.
|Exchange Rate||At Live Rates (Dynamic)||At Fixed Rates|
|Exchange Rate Margin||Low||High|
|Online Order Facility||Yes||No|
|Rate Alert Feature||Yes||No|
Unlike authorized banks which provide foreign exchange at fixed rates for the day, BookMyForex allows its customers to convert INR to USD at the live and transparent rates. You get the most updated US dollar exchange rate at BookMyForex forex rate platform.
Fixing the US dollar exchange rate for the whole day compels banks and other money changers to keep the higher-margin to tread against any adverse volatility during the day. On the other hand, BookMyForex provides its customers with the most recent rate of the foreign currency and thereby, passes the benefit to its customers in the form of the better exchange rate.
Being a digitally powered currency exchange marketplace, BookMyForex firstly compares USD rates among 100s of currency changers near to your location and provides you with the best USD exchange rates.
Most of the money changers in India have an institutional setup at the physical level which involves various kinds of fixed costs such as rent, salaries and other operating costs. The simple rule of economics tells us that all of these costs are ultimately borne by the customer in the form of higher fee and purchase price.
Being a digitally enabled platform, BookMyForex saves that cost and pass that benefit to the customers in the form of the best foreign currency exchange rates in the market.
Getting American Dollars in India has never been easier. You can just follow the simple steps mentioned below to get Singapore Dollars delivered directly to your home at the best USD rates in your city.
Step 1: Go to BookMyForex.com or simply call at +91-9212219191
Step 2: Select your city, the currency (INR to USD) and enter the amount that you want to exchange
Step 3: Upload KYC documents mandated by the RBI which includes Passport, Visa, Air Ticket and PAN card details
Step 4: Opt for doorstep delivery or collect your currency from our nearby store on successful payment. That simple!
In the currency exchange market, currencies rates are quoted as a buy rate or sell rate. Different buying and selling rates are quoted by banks or money changers with variations in margins. Take an example of USD to understand this. A USD buying rate is a rate at which currency exchange( a bank) allows you to Buy USD. A selling rate is a rate at which you can Sell USD ( means currency exchange will buy from you) at this rate.
Ans. When you purchase US dollars from a trusted online currency exchange marketplace, the biggest advantage you get is better US dollar exchange rates as live rates are shown in a transparent manner. Further, you get the convenience of placing the forex order online with the comfort of your home. You can upload your KYC documents online and BookMyForex also delivers your currency straight to your home. So you don't need to step out from your home to buy or sell US dollars at the best USD
Ans. There is no particular or 100 per cent foolproof way of determining the authenticity of the currency notes. However, you can avoid getting into the trap of fake currency, it is recommended to transact in foreign currency with a well-known and trusted currency exchanger.
Ans. While the US Dollar is the official currency of the United States of America, it also acts as legal tender in the territories acquired by the USA and even some sovereign nations around the world. Ecuador, Republic of Zimbabwe, Commonwealth of Puerto Rico, Virgin Islands, Marshall Islands, Guam are few of the names where USD can be used to transact. The U.S. dollar is also widely used throughout the world as a quasi-currency of exchange. Canada and Mexico are the vibrant examples where you can use USD as a quasi-currency for trade-related purposes.
Ans. Given the sheer economic size of the USA, the US Dollar is the strongest currency in the world. As per an IMF report, About 61% of the total foreign exchange reserves of all of the known Central Banks in the world were held only in US dollar which makes USD the most popular and trusted currency of the world. Though you may find currencies such as Euro and British Pounds more expensive than US dollar but that is only in the nominal currency exchange terms which do not reflect relative economic strengths of respective countries.
|US Dollar (USD)||Indian Rupee (INR)|
|US Dollar (USD)||Indian Rupee (INR)|
|1 Million USD||74060000|