The international financial hub that Dubai is, you will never face any issues in finding an ATM, whether you are at a mall, the airport, metro stations, or just on the street. Indian banks in Dubai: Andhra Bank, Axis Bank, Bank Of Baroda, ICICI Bank, State Bank of India, HDFC Bank, IDBI Bank, Punjab National BankĪTMs are a great option to withdraw exchanged currency in Dubai.
The major players in the market are Citi Bank, Barclays Bank, Commerzbank, UBS, National Bank of Abu Dhabi, Blom Bank France, and Credit Suisse. It is no surprise that there are numerous foreign banks operating in the city. As the US Dollar is a universal currency, it can also be accepted at other international airports while making a transaction.ĭubai has a diverse population of people from all over the world. You are likely to get less if you convert INR into AED in Dubai. In the case of India, it is better to convert your money from INR to USD in India and then from USD to AED in Dubai as that offers the best rates. Location: Multiple branches - Al Maktoum Street, Sheikh Zayed Road & moreĬompare the rates of the currency in Dubai to your home country before exchanging your money. Although they don't offer the best rates for exchanging INR, this is the ideal place to change your US Dollars, Swiss Francs, and Euros. The services offered here are money transfer, money exchange, prepaid cards, online remittance, payroll services, and more. Started in 1958, the company has gained firm trust and reliability in the market.
Al Fardan ExchangeĪl Fardan Group has a network with over 150 global banks and financial institutions. Location: Multiple branches - Damascus Street, Karama Centre, Burdubai & more 5. It has also won several Business Excellence awards for its vast network. Started in 1980, this company is known for its low exchange fee and focus on customer loyalty. In addition, they are also present in 31 other countries. UAE Exchange is the biggest money exchange chain in the UAE with 60 branches in Dubai itself (17 at metro stations) and 150 all over the country. Location: Multiple branches - Dubai WTC, Al Mankhool, The Dubai Mall & more It has won over 10 awards since its initiation in 1998. Their customer-focused approach has helped them build loyalty and enhance business over the years. With over 16 branches across malls, high streets, and airport terminals in Dubai, ARIE is one of the most reliable foreign exchange providers. Al Rostamani International ExchangeĪl Rostamani International Exchange (ARIE) offers services like foreign exchange, retail remittance, and more. Location: Multiple branches - DIC Bldg 12, 34 11 St & Sheikh Khalifa Bin Zayed St 3. There are plenty of outlets at all major tourist places in the city You could also take part in their frequent lucky draws to win large cash prizes. Along with the basic services, they also provide extra benefits and rewards for members. Western Union is another great option to exchange your currencies. Location: Multiple branches - Dubai Airport terminal 2, Dubai Festival City, Al Barsha, Souq Al Bahar & more 2. You can either visit one of their branches or transact on their website or mobile app. They transfer money, exchange currencies, and also accept traveller's cheque. It has also won several awards, including Forbes Middle East’s Top Companies in the Arab World in 2015. It offers the most competitive rates and is completely safe. You are likely to find one while touring the city. With over 73 branches spread across the city, Al Ansari Exchange has the most number of currency exchange counters in Dubai. So only go there for convenience or in case of emergency.īest Place for Currency Exchange in Dubai Source 1. You can use one at the airport but the exchange rates are generally higher than in other places. The international hub that Dubai is, you will never find any difficulty in finding exchange counters. Make sure you check the current rate on Google or any other verified currency exchanger before agreeing to exchange. The value rises and falls when you exchange any other currency. So you will always receive the best rate while changing Dollars to Dirhams as it never fluctuates.
The currency in Dubai or the Dirham is pegged to the US Dollar at a rate of 3.67%. 100 Fils (A subdivision of Dirham) makes up 1 Dirham. Currency notes come in the Denominations of 5, 10, 20, 50, 100, 200, 500 and 1,000, each with an alluring yet similar colour, which can also get confusing at times. The Dubai currency – when abbreviated – is known as the "AED" (officially) or the "DHs" (unofficially). The currency in Dubai is Arab Emirates Dirham, more commonly known as Emirati Dirham.
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