1 Dinar In Rupees Today Price In India

4 min read Jul 06, 2024
1 Dinar In Rupees Today Price In India

1 Dinar in Rupees Today Price in India

Dinar: A Brief Overview

The Dinar is the official currency of several countries, including Algeria, Bahrain, Iraq, Jordan, Kuwait, Libya, and Tunisia. It is also used as an alternative currency in some countries, such as the United Arab Emirates. The Dinar is subdivided into 1000 fils in most countries, except for Bahrain, where it is subdivided into 100 fils.

Exchange Rate: 1 Dinar to Indian Rupees

The exchange rate of 1 Dinar to Indian Rupees varies depending on the country and the current market conditions. Here is the current exchange rate for 1 Dinar in Indian Rupees:

Kuwaiti Dinar (KWD) to Indian Rupees (INR)

  • 1 KWD = approximately 245-250 INR

Bahraini Dinar (BHD) to Indian Rupees (INR)

  • 1 BHD = approximately 190-195 INR

Iraqi Dinar (IQD) to Indian Rupees (INR)

  • 1 IQD = approximately 0.07-0.10 INR

Jordanian Dinar (JOD) to Indian Rupees (INR)

  • 1 JOD = approximately 105-110 INR

Please note that these exchange rates are subject to change and may vary depending on the current market conditions.

Why is the Dinar Important in India?

The Dinar is an important currency in India due to the country's strong economic ties with the Middle East. Many Indians work in the Gulf countries, including Kuwait, Bahrain, and the United Arab Emirates, and remit a significant amount of money back to India. Additionally, India has significant trade relations with these countries, and the Dinar is used as a preferred currency for international trade.

How to Exchange Dinar to Rupees in India?

There are several ways to exchange Dinar to Rupees in India, including:

  • Banks: Most banks in India, including public and private sector banks, offer currency exchange services for Dinar to Rupees.
  • Money Changers: There are several money changers and forex dealers in India who offer competitive exchange rates for Dinar to Rupees.
  • Online Forex Providers: Several online forex providers, such as BookMyForex and Xoom, offer online currency exchange services for Dinar to Rupees.

It's always a good idea to compare exchange rates and fees before exchanging your Dinar to Rupees in India.