Buy Emirati Dirham (AED) Online


Buy Emirati Dirham (AED) Online

Buy Emirati Dirham (AED) Online

UAE used British Sovereign gold coins, Maria Theresa Thalers and other currencies, such as the Indian Rupee, as their currency in the early part of the 20th century. In 1959, they adopted the Persian Gulf Rupee, issued by the central bank of India, at a value equal to the Indian Rupee.

When the Reserve Bank of India devalued the Indian Rupee devaluation in 1966, it had affected the value of the Gulf Rupee. To safeguard themselves from further devaluation, UAE introduced its own currency. First, they started with adopting Saudi Riyal as an interim currency, then replaced it with Qatar Riyal and Dubai Riyal. All the emirates – with the exception of Abu Dhabi, which used the Bahrain Dinar – used the Qatar and Dubai Riyal until 1973, when the United Arab Emirates Dirham was established. In 1978, the Dirham adopted a fixed exchange rate to the International Monetary Fund’s special drawing rights. It was then re-pegged to the US Dollar in 1997 at a rate of 1 USD to 3.6725 AED

How Can I Convert AED to INR Online in India?

You can convert AED to INR online in India by following the below few steps:

Step 1: You can use any Search Engine like Google to search for the best AED Rates near me.

Step 2: Compare and Check the British Pound to Rupee exchange rates and go with the one that offers the best exchange rates.

Step 3: You will eventually reach where you get the best AED to INR exchange rates as well as the best exchange rates for other currencies.

Step 4: Either call on the number given on top right corner of this page or use our interactive form to fill your details and we will call you back to help you convert Dirham to Rupees online.

Where can I get the Best AED to INR Rates in India?

You will get the best AED to INR rates in India with BookMyForex through the latest state of the art technology compares AED to INR rate quotes across 100s of banks and money changers near or around you to get you the best exchange rates. Our rates fluctuate constantly and are live up to 3 seconds. Currency exchange rates are not stagnant which banks and local money exchangers make you believe but they fluctuate like the share prices in the stock market based on supply and demand. Our infrastructure and latest technology display the live exchange rates which helps you to get the best AED rates that no one else in the market has. You can also lock in the exchange rate which you like for a period of 3 days so as to save yourself from further fluctuations. You can also set a rate alert which will keep you notifying of the rate changes. The best part is that we have tie-ups with more than 5000+ partners in more than 650 cities across India which means you don’t have to worry about travelling too far to exchange your Dirham to Rupees.

Buy Emirati Dirham (AED) Online

Banks, money changers and other online changers charge a premium or hidden fees when you exchange currency from them. This fee is in addition to the services taxes stipulated by the government. However, you don’t have to pay anything to exchange currency, just the government taxes. We are the first foreign exchange company that lets you exchange foreign currency at Zero Margin*. You also get the same rates that you see on business news channels or search engines.