Aed To Inr In Year 1990

2 min read Sep 02, 2024
Aed To Inr In Year 1990

AED to INR Conversion Rates in 1990

The exchange rate between the United Arab Emirates Dirham (AED) and the Indian Rupee (INR) in 1990 varied throughout the year. However, we can provide you with an average rate to give you a general idea of the conversion during that period.

Average AED to INR Exchange Rate in 1990

The average exchange rate between AED and INR in 1990 was approximately 1 AED = 7.30 INR. This means that one Dirham was equivalent to around 7.30 Indian Rupees.

Factors Influencing Exchange Rates

It's important to note that exchange rates are constantly fluctuating and are influenced by a variety of factors, including:

  • Economic conditions: Economic growth, inflation rates, and interest rates in both countries can affect the exchange rate.
  • Political stability: Political instability or uncertainty can lead to currency depreciation.
  • Government policies: Government policies related to trade, investment, and currency controls can influence the exchange rate.
  • Demand and supply: The demand for and supply of currencies in the foreign exchange market also play a significant role.

Finding Historical Exchange Rates

To find the specific exchange rate for a particular date in 1990, you can use online resources such as:

  • XE.com: This website provides historical exchange rates for various currencies.
  • Investing.com: This website offers historical data on exchange rates, including charts and graphs.

By using these resources, you can get a more accurate picture of the AED to INR conversion rate for the specific date you are interested in.

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