1 Dirham Coin Value in Indian Rupees
The United Arab Emirates (UAE) Dirham is the official currency of the UAE, and it is widely used in the country. However, for those who are planning to travel to India or conduct business with Indian counterparts, it is essential to know the value of the Dirham in Indian Rupees.
Current Exchange Rate
As of the current date, the exchange rate between the UAE Dirham (AED) and the Indian Rupee (INR) is:
1 AED = 19.56 INR
This exchange rate is subject to change and may fluctuate based on market conditions and economic indicators.
Coin Values
The UAE Dirham is available in various coin denominations, including:
- 1 Dirham
- 0.50 Dirham
- 0.25 Dirham
- 0.10 Dirham
- 0.05 Dirham
The value of each coin in Indian Rupees is as follows:
- 1 Dirham Coin Value in Indian Rupees: 19.56 INR
- 0.50 Dirham Coin Value in Indian Rupees: 9.78 INR
- 0.25 Dirham Coin Value in Indian Rupees: 4.89 INR
- 0.10 Dirham Coin Value in Indian Rupees: 1.96 INR
- 0.05 Dirham Coin Value in Indian Rupees: 0.98 INR
Importance of Knowing the Exchange Rate
Knowing the exchange rate between the UAE Dirham and the Indian Rupee is crucial for several reasons:
- Travel: If you are planning to travel to India from the UAE, you need to know the exchange rate to budget your expenses and avoid unnecessary costs.
- Business: For businesses that operate in both the UAE and India, knowing the exchange rate is essential for converting profits and calculating expenses.
- Investment: Investors who put their money in Indian markets need to be aware of the exchange rate to maximize their returns.
Conclusion
In conclusion, the value of the 1 Dirham coin in Indian Rupees is 19.56 INR. It is essential to stay updated with the latest exchange rates to make informed decisions when traveling, conducting business, or investing in India.
