Understanding Currency Exchange Rates : AED to INR

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 – 

The current exchange rates of one AED to INR are as follows – 

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 – 

• UAE Exchange

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. 

• Western Union

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. 

Wrapping up

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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