1 AED to INR in 2008 to 2018 | AED INR Historical Exchange Rates

1 AED to INR in 2008 to 2018 | AED INR Historical Exchange Rates

A look at the AED to INR historical exchange rates

History of Dirham

The UAE Dirham is the currency of UAE. It was first introduced on 19 May 1973. It replaced the Qatar and Dubai riyal. Since 1966, most of the areas used Qatar and Dubai Riyal while Abu Dhabi used the Bahraini Dinar. All the emirates that formed the UAE used Gulf Rupee before 1996.

The Economy of the UAE

The economy of the UAE is one of the largest in the region. Apart from oil wealth, the country has managed to embark on other diversification as well. 29% of GDP is based on oil even today. There are many emirates that are still dependent on the petroleum industry. Many Tourism, on the other hand, is yet another important part of the country beyond the oil wealth. There are a large number of luxury hotels and resorts especially in Dubai that caters the needs of western visitors. Apart from tourism, manufacturing and constructions have also become important facets of the economy.

AED to INR Exchange

A lot of people visit UAE and thus AED to INR is quite a popular exchange rate. People travel to UAE for business as well for their honeymoon. There are many who love to spend their New Year’s Eve in Dubai. With all these things, there are a lot of activities that one can take part in the UAE. People exchange AED to INR before leaving for the trip and make it financially hassle free. With people frequently traveling to the UAE, we can see a lot of AED to INR or INR to AED currency exchange.

1 AED to INR Exchange Rates (2008-2018)

Year   1 AED to INR     Year    1 AED to INR    
  2008 13.18    2009 12.70
2010 12.25 2011 14.44
2012 14.73 2013 16.88
2014 17.32 2015 17.99
2016 18.45 2017 17.44
2018 19.22
  • Source: https://in.investing.com/currencies/aed-inr-historical-data
  • https://www.xe.com/currencycharts/?from=AED&to=INR

Historical Exchange Rates: Dirham to Indian Rupees

  • Source: https://www.xe.com/currencycharts/?from=AED&to=INR

Buy or Sell UAE Dirham with BookMyForex.com

There are a lot of people who have already given final touches to their plans of a foreign trip to the United Arab Emirates. They have made every arrangement required and even packed their bags, but most of them have conveniently forgotten the most important part of the trip. Foreign currency exchange is one of the most important things about a foreign trip. People convert INR to AED before leaving for the trip. You can get that easily done online at the best available rates. There is a foreign exchange marketplace online that allows you to exchange foreign currency from the comfort of your home.

BookMyForex is World’s first e-commerce website that allows you to make foreign exchange transactions efficiently and in a way which is hassle-free and not at all cumbersome. BookMyForex updates their UAE Dirham to Rupee rates on a second to the second basis and the rates are live to the last second. The rates are extremely competitive and up to 5% better than most banks’ rates. So save yourself from unnecessary spending and go on a budgeted trip instead.

Tips For Avoiding Extra Costs & Tourist Traps When in Dubai

You can get the best rates with BookMyforex.com. People are often confused about choosing the perfect time to make the transaction due to the constant fluctuation in the foreign exchange rates. BookMyForex offers a special service to “Freeze the rates”. Under this service, you can fix the transaction at the live Dirham rate.  You will have to pay 2 % advance to block the rate. Then within 3 days you will have to complete your transaction and pay the full amount. Your 2% advance will be refunded as soon as you complete your transaction. BookMyForex also provides a Door Delivery service with which you can now convert Dirham to Rupees at your doorstep without leaving the comfort of your house/office.

1 AUD to INR in 1966 till 2018 | AUD INR Historical Exchange Rates

1 AUD to INR in 1966 till 2018 | AUD INR Historical Exchange Rates

Read  1 AED to INR in 2008 to 2018 |AED INR Historical Exchange Rates

1 Euro to INR in 1990 to 2018 | EUR INR Historical Exchange Rates

December 6, 2018 Update: Rupee is at 51.00 against AUD

History of Australian Dollar

The Australian Dollar is the currency of Australia. It was called Australian Pound before 1966. Australian Pound was first introduced in 1910. Before that, English Pound or GBP was the official currency. Spanish Dollars were in use on regular basis in the latter part of the 17th century.  The centers of the coins were cut out and they were called ‘holey dollars’ and the cores were called ‘dumps’ to prevent the illegal use of Spanish Dollars. This is Australia’s first form of coinage. They minted British Coins in Australia in 1825 on the basis of Sterling Standard. The use of the silver and bronze coins continued until 1910.  The introduction of Australian Dollars in February 1966 under the decimalized system lead to the replacement of pounds, shilling, and pence with dollars and cents. In 1988, banknotes were converted to polymer, a technology originally developed in Australia to help prevent counterfeiting.

The Economy of Australia

Australia has enjoyed more than two decades of economic expansion due to the fact that it is one of the wealthiest Asia-Pacific nations. Its economy is heavily dependent on agriculture and foreign investment. However, Australian Economic Growth has grown by 3.4% in the year to June last year. The latest forecast states that year-end growth in 2018/19 will slow to around 2.5 % down from 3.4% to present.

AUD to INR

There are a number of online foreign currency exchange marketplace from where you can get AUD to INR exchanged. You can also find currency exchangers in India who deals in AUD work on what’s called “today’s rate”, which is a static rate that does not change throughout the duration of the day. In fact, the AUD rates are updated on the second to second basis. Most of the currency exchange companies pad on large margins to these “today’s Exchange rates” that they publish. This way they are able to protect themselves from the fluctuations in forex rates throughout the day. Due to strong technology infrastructure and their excellent tie-ups, BookMyForex is able to provide their customers with perfectly live and transparent rates.

Buy Australian Dollar (AUD) in India – Travelling Tips

1 AUD to INR Exchange Rates (1966-2018)

Year   1 AUD to INR     Year    1 AUD to INR    
  1966 7.13    1972 9.14
1975 11.01 1980 9.03
1982 9.64 1985 8.64
1988 10.95 1992 19.05
1996 27.89 1999 27.95
2002 26.41 2006 34.31
2008 36.55 2011 48.61
2013 56.88 2015 48.23
Jan 2018 51.32 Nov 2018 51.07
  • Source: http://fx.sauder.ubc.ca/etc/USDpages.pdf
  • https://www.travelex.com.au/rates/aud-to-inr
  • https://www.xe.com/currencycharts/?from=AUD&to=INR&view=10Y

AUD to INR Historical Exchange Rate ( 2009-2018)

AUD to INR

  • Source: https://www.xe.com/currencycharts/?from=AUD&to=INR&view=10Y

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