INR to AED: Indian Rupees to Emirati Dirhams Online

Converting INR to AED refers to exchanging the currency of India for that of the UAE. The exchange rate determines the amount of dirhams (AED) one can receive for each rupee. Understanding the exchange rate between two currencies is useful, especially if travelling or trading internationally. 

Knowing how much your money is worth in another currency helps you plan your trips and manage your finances better. The UAE is a favourite destination for many Indian travellers, so familiarity with the UAE Dirham value can be particularly beneficial. In this blog, we’ll explore how to convert Indian Rupees (INR) to AED, discuss the current exchange rates, and provide some practical examples to help you understand the process better.

Overview of INR(Indian Rupee)

The Indian Rupee, represented by the symbol ₹, is the national currency of India. “Rupee” comes from ‘Rupiya,’ first introduced in the 16th century. The Reserve Bank of India (RBI), under the RBI Act of 1934, oversees and regulates this currency. Historically, India’s economy was mostly cash-based, which led to issues with counterfeit banknotes. The RBI introduced new banknotes, including enhanced security features, to combat this and to prevent illegal activities involving fake currency.

History of INR(Indian Rupee)

During the early 19th century, the British tried to exert their influence in India. The Coinage Act of 1835 was introduced, which in turn made standardised coinage possible. Further, the Coinage Act of India was introduced in 1906, which regulated the issuing and administration of a standard currency in the country. 

The Rupiya was initially introduced as a silver coin, while other major economies in the world were under the gold standard. In 1873, huge amounts of silver were discovered in the European colonies, which led to the fall in the value of silver as compared to gold. 

Further, the Quaternary Silver Alloy replaced the regular silver rupee due to World War II. The coins in the Indian economy were replaced by nickel coins in 1947. In 1957, a new decimal currency system was introduced in the country, according to which it was determined that one rupee is equal to 100 paise. 

Overview of AED(Emirati Dirhams)

The United Arab Emirates Dirham, abbreviated as AED, is the official currency of the UAE. It is often symbolised as ‘Dhs’ or ‘DH.’ The Dirham is divided into 100 smaller units called fils. The currency was introduced in 1973, replacing the older Qatar and Dubai Riyal. The Central Bank of the UAE manages the dirham, ensuring its stability and overseeing its distribution. The dirham is used across all seven emirates, making it essential for everyday transactions in the region, from buying groceries to paying for services. Its value is pegged to the US dollar, which helps keep it stable compared to other global currencies.

History of AED(Emirati Dirhams)

The Dirham notes were first introduced in 1973 in denominations of 1, 5, 10, 50, and 100. The 1,000 dirhams was subsequently launched 3 years later. The notes initially had both English and Arabic lettering, along with various recognisable landmarks. 

INR to AED Forecast Table

The table given below represents the INR to AED forecast for the next 12 months:

How to Convert INR to AED?

Converting INR to AED involves using a specific exchange rate to determine how many dirhams you will receive for your rupees. The exchange rate tells you the value of one currency in terms of another.

For example, if the exchange rate is 0.05 AED for 1 INR, here’s how you would convert different amounts of INR to AED:

Example 1: Convert 1000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 1000 * 0.049 =AED 49

Example 2: Convert 2000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 2000 * 0.049 =AED 98

Example 3: Convert 3000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 3000 * 0.049 =AED 147

Example 4: Convert 4000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 4000 * 0.049  = AED 196

Example 5: Convert 5000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 5000 * 0.049 =AED 245

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Example 6: Convert 6000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 6000 * 0.049 =AED 294

Example 7: Convert 7000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 7000 * 0.049 =AED 343

Example 8: Convert 8000 INR to AED

Here we are using the prevailing exchange rate of INR to AED. So, the calculation will look like the following:

AED = 8000 * 0.049 =AED 392

INR to AED Conversion Table

The table given below shows the INR to AED conversion for various different values. Please note that the values are subject to change depending on the INR to AED live rate:

INR Vs AED

The table given below illustrates the major points of parity between INR and AED:

FAQ’s about Convert INR to AED