1 USD+DAMA = 83.3 INR Interbank/ mid-market Rate at: 03-12-2023 23:07:16
Customers will no longer have to struggle to find the actual US Dollar exchange rates today in Daman. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time US Dollar exchange rates today in Daman. 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 US Dollar exchange rates today in Daman. Our other forex related products and services include USD forex cards, USD traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in Daman. Orders can also be delivered at home free of cost.
BookMyForex being a technology company, its offerings go beyond the standard 'today's USD rate in Daman'. Other foreign exchange dealers in Daman are simply exploiting the customers through the concept of a static 'today's USD rate in Daman'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the USD 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 USD rate in Daman' which are much higher. Charging 'today's USD rate in Daman' provides a cushioning effect to avoid incurring losses due to USD price fluctuation in the market because just like stocks USDs are also traded electronically across the globe like any other financial security. In the name of 'today's USD rate in Daman', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to USD price fluctuation.
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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