Exchange Rates For United Arab Emirates Dirham (AED)

You can convert rupee to UAE Dirham using the GoodReturns conversion calculator. By using the rupee conversion calculator one can convert rupees to dirham. The Indian expatriates who travel to the United Arab Emirates for work purposes usually check the conversion rates of the Indian Rupee to UAE Dirham, to transfer money to their families who reside in India. Many Keralites and people from Mangalore travel to UAE for work and send money to their families back in India. The currency exchange conversion calculator plays a salient role to arrive at the value of rupee to dirham for these expatriates.

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United Arab Emirates Dirham

The United Arab Emirates Dirham is the currency of the United Arab Emirates. It is abbreviated as AED. The dirham is further subdivided into 100 fils. It is also known as Emirati dirham or DH or Dhs. The word dirham is an Arabic word. It is used for several centuries for trade. The dirham has survived through the Ottoman Empire.

Earlier in 1966, all the emirates which now form UAE used the Gulf rupee, which was partly pegged at the Indian rupee. On June 6, 1966, India decided to devalue the Gulf rupee against the Indian rupee. The Arab countries did not accept the devaluation. Several of the states still using the Gulf rupee adopted their own or other currencies.

The dirham is issued by the Central Bank of the UAE. In 1973, the UAE adopted the UAE dirham as its currency. Abu Dhabi adopted the UAE dirham instead of Bahraini dinar at 1 dinar = 10 dirhams, other emirates, the Dubai and Qatar – Riyal was exchanged at par. The Dubai Currency – UAE Dirhams is compared to be relatively cheaper than the Indian Rupee.

Currency Exchange Places in Dubai

People planning to visit India from Dubai or expatriates can convert dirhams to rupees at any one of the following lists of places.

  1. UAE Exchange
  2. Western Union
  3. Al Fardan Exchange
  4. Al Ansari Exchange
  5. Al Rostamani International Exchange 

Disclaimer: The currency rates are sourced from reliable sources. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell or act based on the rates given. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on currency rates provided.

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