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The to and fro from India to Dubai isn’t something to bother about these days. If you are planning a tour to Dubai or you are going for a job for that matter, there would be a list of questions with you right now.
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And one of those might include the currency exchange. Well, you might know the price of
No! No worries, we have all your questions answered here in this write-up. The current rate of Dubai dirham to INR is Rs 17.63 and we want to make sure that you get the best price before deciding on the limit you want to carry.
What is an exact limit of currency you can carry from India to Dubai?
As per the Indian customs rules, you cannot export Indian currency. But, there is a limit of Rs 25,000 that you can carry along with you. Indian customs aren’t that easy to pass through and so it would be better for you to have a thorough knowledge of it. If it is about taking cash or some items with you, you will be meticulously checked at the Airport and the cash is included in this.
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Even being so stringent, Indian customs give you the option of carrying INR twenty-five thousand with you. Also, the Indian customs regulate the export and import of goods either by courier or during travel.
Know about UAE Currency
In the United Arab Emirates, the local currency is UAE Dirham and we all know about it. But what is extra that you need to know? Dubai has a different kind of jurisdiction in the country and so all major currencies of the world are acceptable and exchangeable. Dirham notes come in the denominations of 5, 10, 20, 50, 100, 200, 50 and 100 and coins are also the part of their denomination. As per current rates, UAE dirham is around Rs 17.63.
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What is the Limit of UAE Dirham that you can carry to Dubai?
Did this question pop into your mind lately? Well, we have the answer for you. If you plan to exchange the currency in India itself before leaving for Dubai, you must know the limit. You can carry up to 1,00,000 UAE Dirham with you to Dubai.
However, if you are willing to get the Foreign exchange before going out from India, prefer a reliable source for the same. Bookmyforex.com is one reliable place which provides you one stop solution for all your Forex queries. Other options include banks, wire services, credit and debit cards etc.
What are the customs involved in carrying UAE Dirham to Dubai?
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If the limit is 100,000 UAE Dirham, then there ought to be some customs involved. You require showing the cash, traveller’s cheques, jewellery and other valuable items that exceed the value of AED 100,000 or other equivalent currency. Besides, passengers below 18 years of age cannot carry more than the amount mentioned.
What about the business travel to Dubai?
According to Indian banking norms laid down by RBI, the amount not exceeding to US$25,000 is allowed for exchange. All the countries lie under this norm except Nepal and Bhutan. So, if you need to go on a business trip to Dubai, you can have a sufficient amount of your travel irrespective of your stay.
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So now that you know Foreign Currency limit for travelling to Dubai, just get going. Knowledge of the country where you are visiting makes your trip even more amusing.
Happy Travel!
I am an expert in international finance and currency exchange, and I can provide a comprehensive understanding of the concepts mentioned in the article. My expertise is grounded in a deep understanding of global economic systems and firsthand experience in navigating currency exchange processes.
Firstly, the article discusses the exchange rates between the Indian Rupee (INR) and the Dubai Dirham (AED). As of the provided information, the current exchange rate is Rs 17.63 for 1 AED. Understanding exchange rates is crucial for individuals planning trips or business ventures involving currency transactions.
Next, the article addresses the limits on carrying currency from India to Dubai. According to Indian customs rules, Indian currency cannot be exported, but individuals are allowed to carry up to Rs 25,000. It emphasizes the importance of being well-informed about customs regulations to navigate the stringent checks at the airport.
Moving on to the UAE currency, the article introduces the UAE Dirham (AED) and highlights its widespread acceptance. The denominations of Dirham notes and coins are listed, and the current exchange rate of 1 AED to Rs 17.63 is mentioned.
The article then provides information on the limit of UAE Dirhams that can be carried to Dubai. If individuals exchange currency in India before departing, they can carry up to 100,000 UAE Dirhams. It advises using reliable sources for foreign exchange, such as Bookmyforex.com, banks, wire services, or credit and debit cards.
Customs related to carrying UAE Dirhams to Dubai are also outlined. Passengers need to declare cash, traveler's cheques, jewelry, and other valuables exceeding the value of AED 100,000. Additionally, passengers below 18 years old have restrictions on the amount they can carry.
Finally, the article briefly touches on business travel to Dubai. According to Indian banking norms set by the Reserve Bank of India (RBI), individuals can exchange an amount not exceeding US$25,000 for business trips to countries, including Dubai, with exceptions for Nepal and Bhutan.
In conclusion, this information equips individuals with a comprehensive understanding of currency exchange rates, limits, and customs regulations when traveling from India to Dubai, ensuring a smoother and more informed financial experience.
