Owais Crawford
Indian currency is now accepted at all terminals in Dubai International Airport and Al Maktoum Airport, making the Indian Rupee the 16th currency accepted at Dubai's duty-free points of sale. This is good news for Indian tourists, who previously lost money due to exchange rates. However, shops, restaurants, and attractions outside the airport may not accept Indian Rupees as physical cash, and it is recommended to exchange your Indian Rupees before travelling to Dubai.
| Characteristics | Values |
|---|---|
| Can Indian rupees be exchanged at Dubai Airport? | Yes, Indian rupees can be exchanged at all terminals in Dubai International Airport and Al Maktoum Airport. |
| Where else can Indian rupees be exchanged in Dubai? | Indian rupees can be exchanged at licensed money exchange centres located at malls and public markets, and at foreign bank branches and ATMs. |
| What is the official currency in Dubai? | The official currency in Dubai is the United Arab Emirates Dirham (AED). |
| Can Indian rupees be used directly in Dubai? | Indian rupees are accepted at Dubai Duty-Free, but they cannot generally be used directly to pay for things in Dubai. Shops, restaurants, and attractions will not accept INR as physical cash. |
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What You'll Learn
Indian rupees accepted at Dubai duty-free
Indian rupees are accepted at Dubai Duty-Free shops at Dubai International Airport and Al Maktoum Airport. This is great news for Indian travellers, who previously had to convert their rupees into dollars, dirhams, or euros before shopping at Dubai's duty-free shops, losing money in the process due to exchange rates.
Dubai's acceptance of the Indian rupee is a recent development, with the currency becoming the 16th to be accepted for transactions at Dubai Duty-Free since its opening in December 1983. The Indian Rupee will now be accepted for transactions at all airports in Dubai, including all three terminals of Dubai International Airport. This is expected to encourage more business from Indian tourists, who accounted for 12.2 million of the nearly 90 million passengers who passed through Dubai's airports last year.
While Indian rupees are accepted at Dubai Duty-Free, you will receive your change in dollars, euros, or dirhams. It is worth noting that major credit cards such as Visa, Mastercard, and American Express are also accepted everywhere in Dubai. ATMs can be found across the city, including at hotels, supermarkets, shopping malls, and other public places.
If you are travelling from India to Dubai, it is important to be aware of the cash carry limits and how to declare them. Additionally, investing in travel insurance is highly recommended, especially for stays longer than 30 days, as unexpected medical or non-medical emergencies may arise.
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Exchange rates at Dubai airport
If you are travelling to Dubai and need to exchange your money, there are a few things you should know. Exchange rates are influenced by banks and trading institutions and the volume of currency they are buying and selling. The value or price of a currency is determined by its traded volume. If a currency is competitively priced, traders will buy it, driving up its value. Exchange rates can also be influenced by supply and demand, as well as political and economic events.
When exchanging money, you will come across different types of exchange rates. The "buy rate" is the rate at which you can buy foreign currency. For example, if you are travelling from America to Dubai, you can exchange your American dollars into UAE dirham at the buy rate. The "sell rate" is the opposite; it is the rate at which you can sell your foreign currency back into your local currency. So, if you have UAE dirham left over from your trip and want to exchange it back into American dollars, you would do so at the sell rate.
Another term to know is the "spot rate" or "interbank rate." This is the rate that banks and large financial institutions charge each other when trading significant amounts of foreign currency. The "spread" is the difference between the buy and sell rates offered by a foreign exchange provider.
If you are specifically looking to exchange Indian rupees at Dubai Airport, you're in luck. The Indian rupee is now accepted for transactions at all terminals in Dubai International Airport and Al Maktoum Airport. This means you can shop at duty-free stores without having to exchange your rupees into the local currency. However, if you need to exchange your rupees into UAE dirham, there are many popular money changer chains in Dubai where you can get better rates for Indian rupees. It is recommended to compare exchange rates between different providers to find the best rate.
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Indian rupees accepted at Dubai International Airport
Indian rupees are accepted at Dubai International Airport, according to a leading newspaper in the United Arab Emirates. This is good news for tourists from India, who previously lost money due to exchange rates when converting rupees into dollars, dirhams, or euros for shopping at Dubai's duty-free shops.
The Indian rupee is now the 16th currency accepted for transactions at Dubai Duty-Free since its opening in 1983. It can be used at all three terminals of Dubai International Airport and at Al Maktoum Airport. This change is expected to benefit the large number of Indian travellers passing through Dubai's airports each year.
While Indian rupees are accepted at Dubai's airports, it's important to note that shops, restaurants, and attractions in Dubai generally do not accept Indian rupees as physical cash. Therefore, it may be advisable to exchange Indian rupees for UAE dirhams, the official currency of Dubai, before travelling or upon arrival at the airport. Exchanging currency at local exchange centres in Dubai may result in less favourable rates due to higher operating costs and their understanding of travellers' limited options.
Additionally, it is recommended to carry a mix of cash and a forex card when travelling to Dubai. Carrying UAE dirhams in cash provides convenience, while loading the majority of your funds onto a forex card ensures security and avoids extra fees and high exchange rates.
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Indian rupees accepted at Al Maktoum Airport
As of 2019, Indian rupees are accepted at Al Maktoum Airport in Dubai. This is good news for Indian tourists, who previously had to exchange their rupees for dollars, dirhams, or euros before they could shop at duty-free stores in the airport.
According to a report in the Gulf News, the Indian currency is now acceptable at all three terminals of Dubai International Airport and at Al Maktoum Airport. A Dubai duty-free staff member confirmed this to the newspaper, stating, "Yes, we have started accepting the Indian rupee."
The Indian rupee is the 16th currency to be accepted for transactions at Dubai Duty-Free since its opening in December 1983. Nearly 90 million passengers passed through Dubai's airports last year, of which 12.2 million were Indians.
While Indian rupees are accepted at Al Maktoum Airport, the currency in use at the airport and in the UAE generally is the UAE dirham (AED). A currency exchange is located near the terminal entrance at Al Maktoum Airport, where travellers can exchange their Indian rupees for UAE dirhams.
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Where to exchange Indian rupees in Dubai
As of 2019, Indian rupees are accepted for transactions at all terminals in Dubai International Airport and Al Maktoum Airport. This means that Indian travellers no longer need to convert their rupees into Dirham, Dollars, or Euros before shopping at duty-free shops.
However, if you are looking to exchange Indian rupees for local currency, there are a few options available to you.
Firstly, you can use a currency converter app such as Niyo, which offers a 'Travel Mode' feature that allows for efficient currency exchange, expense tracking, and financial management. You can also use online currency converters to get an accurate understanding of how much your Indian rupees are worth in Dirhams.
Secondly, you can exchange your currency at various outlets in malls across the city. Popular money changer chains in Dubai include UAE Exchange and LuLu International Exchange, where travellers can often get better rates for Indian rupees.
Lastly, you can exchange your currency at airport terminals, banks, or local money changers. However, keep in mind that these options may charge higher transaction fees and offer less favourable exchange rates.
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Frequently asked questions
Yes, Indian currency is now accepted at all terminals of Dubai International Airport and Al Maktoum Airport.
Foreign currency can be exchanged at licensed money exchange centres located at malls and public markets. Foreign banks also have their branches and ATMs at several locations.
The official currency in Dubai is the UAE Dirham (AED), which is accepted everywhere. However, Indian rupees can now be used at Dubai duty-free shops.
Yes, it is better to exchange your Indian rupees before you travel, as airport exchange counters usually charge 10-15% higher rates.
