July 23, 2024
8
Mins read

Best Currency to Use in Dubai in 2024: A Complete Guide 

Dubai welcomes millions of tourists every year, from all over the world. And why not? With a number of attractions such as beautiful malls, museums, big amusement parks, deserts, and beaches, Dubai ensures that no type of tourist leaves empty-handed.

You've been planning your trip to Dubai for quite a while now. And now you're only a few days away from taking your flight. While you are very excited about the thought of spending time in this amazing city, you are confused about which currency to bring with you to Dubai. Also, should you carry any currency or simply plastic money? How much value would you get for your local currency, what is the exchange rate for Dubai currency in India, and is Indian currency accepted in Dubai? In this article, you will get to know about the Dubai currency.

Which Currency is Used In Dubai?

The Dubai Currency name is the Dirham, shortened as Dh. It also gets referred to as an AED. The Dirhams exchange rate against many of the world's currencies is around:

  • 1 dirham is 0.27 USD
  • 1 dirham is 0.23 GBP
  • 1 dirham is 0.27 euro
  • 1 dirham is 21.64 INR

One Dh includes 100 files. Dh notes come in denominations of 1,000, 500, 200, 100, 50, 20, 10, and 5. You could receive a bill of 6.65 Dh. That would be rounded to the next whole number, say 7. If the numbers that follow after the decimal are less than 5 (for example, 6.46), the value will be rounded to the preceding whole number (such as 6).

What Is The Best Currency To Use In Dubai?

Indian Rupees

You can easily carry your country's money. Before traveling, check the current exchange rate between your national currency and the AED. However, because we live in the digital age, we advise that you avoid carrying large amounts of money. You can carry international travelers' checks or plastic money (international debit/credit cards).

Let’s consider three cases:

If You Take US Dollars To Dubai

US money is accepted in Dubai. However, if you would prefer to depend only on the US dollar to pay for your expenses in Dubai, you should think again. Though this money is usually accepted at retailers, hotels, and shopping malls, smaller shopkeepers may prefer the local currency and refuse to accept USD. As a result, you have to use the official money for local transportation, street food, and other transactions.

If You Take UAE Dirham To Dubai

The UAE Dirham, often known as Emirati Dirham, is the official currency of the United Arab Emirates (UAE). It can be used everywhere in Dubai, therefore you can exchange INR for AED before going on your trip. Supreme Forex, India's well-known and top forex RBI-Authorized company, now offers the best INR to THB exchange rates in India. 

If You Take INR To Dubai

Another option is to take Indian rupees to Dubai and convert them there, but this will be very expensive. While there are many currency exchange shops in Dubai where you can convert INR to THB, they are usually located in famous tourist districts, where travelers are offered unfavorable exchange rates. You can get much better rates online on a currency exchange platform like Supreme Forex than you can in these local shops, and that too as per RBI Guidelines.

What Currency Should One Bring to Dubai?

Calculation of FOREX Rate

After reviewing the three options listed above, it is clear that the UAE Dirham or Emirati Dirham is the best currency to carry because it is accepted everywhere. The USD is also accepted in Dubai, but its use is limited. On the other hand, exchanging INR in Dubai will result in high exchange rates which can be expensive. Thus, the best choice is to exchange INR for AED before you plan your trip. Supreme Forex provides the best exchange rates for your foreign currency exchange in India, offering you the flexibility to order the currency from the comfort of your home, and get delivery from the nearest Supreme Forex branch, as per RBI Guidelines.

Dubai Currency To INR

Based on Google Finance Data, United Arab Emirates Dirham equals 22.79 Indian Rupee as of 23 Jul, 9:00 am UTC, check the table below for more details. 

Emirati Dirham To Indian Rupee
Emirati Dirham To Indian Rupee
AED INR
1 AED INR 22.79
5 AED INR 113.95
10 AED INR 227.9
25 AED INR 569.75
50 AED INR 1139.5
100 AED INR 2279
500 AED INR 11395
1000 AED INR 22790
5000 AED INR 113950

Choose Supreme Forex For Your Foreign Currency Exchange

Supreme Forex is the online brand of Supreme Securities Limited (SSL). SSL is a well-known brand in the currency exchange market, duly authorized by the Reserve Bank of India. 

Supreme Forex additionally offers home delivery of currency purchases, which is also offered on a same day basis, depending on the completion of KYC requirements and payment by the customer.

We additionally offer dedicated support to all of our customers. Supreme Forex is a reliable currency exchange provider. Change your INR to AED currency at the best rates with Supreme Forex. We offer the best Dubai currency exchange rates.

Conclusion

You can take any currency to Dubai, even your local currency and then exchange it into AED. The recommended method, though, is to exchange the local currency in India itself, so that you are prepared with currency notes and card in the local currency (AED) for your trip. 

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