Which company is best for currency exchange?
Here is our list of the best forex brokers in India.
- IG – Best overall broker, most trusted.
- Saxo Bank – Best web-based trading platform.
- Interactive Brokers – Great overall, best for professionals.
- FOREX.com – Excellent all-round offering.
- AvaTrade – Great for beginners and copy trading.
Where can I exchange currency in Saudi Arabia?
banks
All banks in Saudi offer currency exchange services. Licensed money changers are also available.
Which bank gives best exchange rate in Saudi Arabia to India?
The best rate to send Indian Rupee from Saudi Riyal to your loved ones in India is currently offered by Skrill Money Transfer; their 1 SAR to INR exchange rate today is 19.6738. Alamoudi Exchange offers the next most competitive Saudi Riyal to Indian Rupee exchange rate today (currently 1 SAR = 16.6675 INR).
Which bank has the best exchange rate?
Comparing Our Rates With the Big Five Banks
| Retailer | USD | Euro |
|---|---|---|
| Scotiabank | 1.2892 | 1.4483 |
| BMO | 1.2897 | 1.4359 |
| CIBC | 1.3020 | 0.0 |
| Ultimate Currency Exchange | 1.2738 | 1.4617 |
Is forex illegal in India?
Is Forex Trading In India Legal? It is a settled fact that no Indian citizen, as guided by SEBI and regulated by RBI in order to minimize risk incumbent in it, can undertake forex trading inside the Indian Territory through any electronic or online forex trading platform under any circumstances.
Can I trade currency in Zerodha?
You can trade BSE currency derivatives in Zerodha by adding the BCD (BSE Currency Derivatives) contract on Kite Marketwatch as shown below: Your BSE Currency derivatives(BCD) position will show up in NSE Currency Derivatives Segment(CDS) by default on the next day.
How much money can I take out of Saudi Arabia?
How much Cash & Gold can I carry from Saudi Arabia? Cash and Gold carrying limit from Saudi Arabia: SR 60,000 / trip. The value of gold and cash together should not exceed SR 60,000. The limit is assigned to the whole family traveling together.
Which currency is spent in Saudi Arabia?
Saudi riyal
Currency. The unit of currency is the Saudi riyal (SR). One riyal (SR1) is divided into 100 halalas. Coins come in 25- and 50-halala denominations.
What is NCB exchange rate?
Foreign Exchange Rates
| Currency | Sell | Buy (Cheque) |
|---|---|---|
| USD | 153.30 | 145.30 |
| GBP | 203.10 | 198.00 |
| CAD | 124.30 | 119.80 |
| EUR | 173.00 | 166.10 |
Where is the cheapest currency exchange?
Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees.
What is the best time of day to exchange currency?
The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities. The Sydney/Tokyo markets overlap (2 a.m. to 4 a.m.) is not as volatile as the U.S./London overlap, but it still offers opportunities.