Dubai is the most happening place in the Middle East right now. Not only is it a great shopping destination and the most important business capital in the world, but with the Dubai Expo, it has become one of the most popular places for a vacation. And planning a trip to the UAE (United Arab Emirates)will involve the conversion of currencies from one AED to INR. That will not be possible without understanding how to convert one AED to INR, the current exchange rate, and how to exchange the currencies easily without standing in front of the cashier for hours.
This article will deal with everything, including the rate of one Dirham to INR and the current exchange rate. So, let’s dive in to learn more.
Know the Basics of INR and Dirham
United Arab Emirates Dirham (AED)
The currency used all over the United Arab Emirates is Dirham. It is often denoted with Dh or Dhs and is issued by the state in the denominations of 5, 10, 20, 50, 100, 200, 500, and 1000. 5 Dirham is the lowest denominator, whereas 1000 Dirham is the highest denominator issued by the UAE.
Indian Rupee (INR)
The currency used all over India is the Indian Rupee. It is often denoted as Rs and is issued by the state in the denominations of 10, 20, 50, 100, 200, 500, and 2000.
Just like 1 INR can be divided into 100 paisa. Similarly, 1 Dirham can also be divided into 100 fils.
The current exchange rates of one INR to AED are as follows –
|1 INR||0.05261 AED|
|5 INR||0.26347 AED|
|10 INR||0.526 AED|
|20 INR||1.053 AED|
|50 INR||2.634 AED|
|100 INR||5.269 AED|
|500 INR||26.34 AED|
|2000 INR||105.388 AED|
The current exchange rates of one AED to INR are as follows –
|1 AED||18.9822 INR|
|5 AED||94.88 INR|
|10 AED||189.77 INR|
|20 AED||379.54 INR|
|50 AED||948.86 INR|
|100 AED||1879.73 INR|
|500 AED||9488.65 INR|
|1000 AED||18977.30 INR|
The exchange rates of one Dirham in India keep changing from time to time due to fluctuations in the market. The information given above is the exchange rates in normal conditions.
So, one Dirham is how many Indian rupees today? Currently, the exchange rate of one AED to INR is 21.73.
This has also been the trend for the last ten days.
Best INR to AED Exchange Places in Dubai
Before travelling to Dubai, one must always check the current exchange rates. It is better to get the currency exchange done in India before travelling to Dubai, but if a person wants to exchange their INR for AED after reaching Dubai, here are some of the best exchange places –
One of the biggest exchange places in Dubai is certainly the UAE Exchange. There are almost 800+ branches of this famous currency exchange all over the world. Furthermore, with their attractive exchange rates and brilliant customer service, they provide the best INR to AED exchange rates in Dubai.
Al Fardan Exchange
It does not matter what currency has to be exchanged, Al Farhan Exchange provides some of the most competitive exchange rates in Dubai. They provide their customers with corporate financial as well as personal exchange services. Choosing their services can save both time and effort.
Al Ansari Exchange
Another popular exchange company in Dubai is the Al Ansari Exchange. The company initially started its exchange business to fulfil the needs of its international trading partners. But now, they are one of the best exchange companies across the United Arab Emirates.
Al Rostamani International Exchange
Not only INR, but the Al Rostamani International Exchange provides exchanges for over 40 currencies. Additionally, they check and scrutinise every currency before accepting or providing it to their consumers.
Not just in Dubai, but Western Union is one of the biggest exchange companies in the whole world. It is one of the largest currency exchanges and has over 500,000 agent locations worldwide. The company also provides its customers with updated exchange rates, but they charge convenience fees.
Ways to Send Money from India to Dubai Online
There are a lot of online merchants who need to send money from India to Dubai, but how do they do it? Many online platforms exist that help convert one INR to the UAE Dirham and send it from India to Dubai. But are these safe?
Yes, these online platforms are completely safe and very convenient to use. Such platforms make it possible for people in India to send money to people living in any part of the world without difficulty.
But these platforms charge convenience fees for the service they are providing.
The exchange value of currencies completely depends on the market’s demand and supply chains; thus, these values keep changing from time to time. But why is it important to know about the exchange rates? It helps in understanding the foreign currency flows in international transactions and trades. Apart from that, someone travelling to Dubai must also have a clear idea about the exchange rate of one AED to INR and one INR to AED so that they can calculate accordingly and get their Indian currency exchanged to Dirham and carry it to Dubai.
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Frequently Asked Questions (FAQs)
What is the value of 1 Dirham of Dubai in India?
The currency used in Dubai is the Dirham, or AED. The value of 1 Dirham in India is 21.71 INR. This value is subjected to market changes; thus, it will never remain constant.
What is the Indian rupee rate today?
The value of one Indian rupee to one Dirham keeps changing. Today, the rate of exchange is 1 INR = 0.046 AED.
How can I purchase UAE Dirhams in India?
There are many options available to people living in India to purchase a UAE Dirham. Banks, airports, and local currency exchangers are some of the conventional places where you can get UAE Dirham in India. Apart from that, you could also get it from various online exchanges.
Will the AED to INR exchange rate remain constant?
No, the exchange rate from AED to INR will not remain constant. Bankers and traders are constantly selling and buying currencies. This has a direct effect on the exchange rates of various currencies. So, the currency rates do not remain the same; rather, they change multiple times in a single day.
Should I convert INR to AED in Dubai itself?
Yes, it is always better to get the currency exchanged before travelling to the country. There are a number of reasons for that. First, exchanging INR to AED in India will help get better exchange rates. Second, credit and debit cards can be used in Dubai for any kind of transaction, but the rate of interest is somewhere between 3% to 5%, which is quite high. So it is better to get an INR exchange for AED from India itself.
Are AED to INR and INR to AED exchange rates the same?
No, the value of one Dirham to one INR and one INR to one AED is not the same. 1 AED = 21.71 INR and the value of 1 INR = 0.046 AED.
What is the highest ever AED to INR?
The value of AED to INR reached its peak recently on July 18th, 2022, when the value of 1 AED = 21.81 INR. The average value of 1 AED has been 17.08 during this period. The value of 1 AED to INR was the lowest on October 30th, 2010 when the value reached 11.91 INR.
Where can I convert AED to INR?
You can change your AED to INR at banks or various local and international exchanges. You can also get your AED exchanged for INR through different online websites.
How much is 1 UAE Dirham Dubai in Pakistani Rupee?
The value of one Dirham in Pakistani Rupee is 64.10.
What is the best rate of Dirham today for Pakistan?
The best rate of one Dirham to Pkr today is 64.1006.
How much is $1 US dollar in Pakistani rupees?
The value of one US dollar in Pakistani rupees is 236.282 PKR.